The Pacific Gas and Electric Company (PG&E) has diverted over $100 million from safety and maintenance programs to executive compensation at the same time it has caused an average of more than one fire a day for the past six years killing over 100 people.

PG&E is the largest privately held public utility in the United States. A new research report shows that 91% of PG&E stocks are held by huge international investment management firms, including BlackRock and Vanguard Group. PG&E is an ideal investment for global capital management firms with monopoly control over five million households paying $16 billion for gas and electric in California. The California Public Utility Commission (PUC) has allowed an annual return up to 11%.

As we approach the 72nd anniversary of the assassination of Mohandas K. Gandhi on 30 January 1948, it is worth reflecting on one simple fact that he did not realize. His efforts to teach humanity that conflict, including violent conflict, could be resolved without violence were based on one fundamentally flawed assumption: that at least some humans were interested in, and committed to, seeking out and using nonviolent strategies for dealing with conflict in each and every context.

Unfortunately, as his own experience taught him and he showed clear signs of realizing towards the end of his life, the fundamental truth is that humans love violence and it is this love of violence that will ensure the extinction of Homo sapiens in the near term absent a profound response that shows no sign of emerging yet. See ‘Human Extinction Now Imminent and Inevitable? A Report on the State of Planet Earth’.