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Archive for the ‘Globalism’ Category

The Finance Industry has Effectively Captured our Government

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In 2009, the Atlantic published an article by Simon Johnson titled The Quiet Coup:

The crash has laid bare many unpleasant truths about the United States. One of the most alarming, says a former chief economist of the International Monetary Fund, is that the finance industry has effectively captured our government—a state of affairs that more typically describes emerging markets, and is at the center of many emerging-market crises. If the IMF’s staff could speak freely about the U.S., it would tell us what it tells all countries in this situation: recovery will fail unless we break the financial oligarchy that is blocking essential reform. And if we are to prevent a true depression, we’re running out of time.

Quite simply said- and pretty damn obvious as well. Corporate powers now also dominate the media to effectively suppress conversations about both the coup and what we can do about it. Info overload does the rest.

I believe 70+ % of Americans agree about this state of affairs but most don’t know they have so much company – often because they are encouraged to use divisive rhetoric to express it so that gridlock appears to be the problem.

If TPP becomes a reality, we have no chance of ever getting our country back. Don’t you think it’s about time to loudly protest the theft of Democracy?? ISIL is no threat compared to this one! in fact it’s a joke.

The age of rentier capitalism (we’re more exploited than ever!)

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     from the article: “….once economic liberalization [Neo-Liberalism] took off in the 1980s, the struggle was won decisively by capital, and labor’s share of total income has shrunk everywhere.”

   

Similarly, Neo-Libs and Neo-Cons have dominated politically, leaving little room for any who support social-democracy or justice. Power has consolidated against people.

 

How intellectual property makes us more unequal

Al Jazeera September 7, 2014 

 

It is well known that globalization has put strong downward pressure on wages and benefits of workers in wealthy countries, as companies have offshored and outsourced labor to lower-wage locations and justified wage cuts to try to stay competitive. But politicians and economists have yet to come to terms with the fact that in the rich world the income distribution system itself has broken down irretrievably.

The 20th century was the only century in which most income was divided between capital (profits) and labor (wages), with the struggle for shares mediated by the state through regulations, fiscal policy and a system of social protection. But once economic liberalization took off in the 1980s, the struggle was won decisively by capital, and labor’s share of total income has shrunk everywhere.

Meanwhile, rental income, linked to the control of natural resources, property, financial assets and intellectual property, has become a dominant force in the global economy.

This is the age of rentier capitalism; rich countries are becoming rentier economies. A rising share of global income is going to rent, rather than to wages or profits from productive activities. This perpetuates inequalities: It disproportionately favors the wealthy, and accentuates inequality over generations.  read more here

 

Marching against Monsanto

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Marching against Monsanto

Mae-Wan Ho  The Institute of Science in Society   May 27, 2014

It is wonderful to be here with all of you. I have been marching against Monsanto for close to 20 years now since GM crops were commercialized and I first warned of the dangers of GMOs and Roundup herbicides.

Unfortunately, all my predictions and more have come true. Over the years, farm workers and their families across the world have been seeing sharp rises in birth defects, cancers, allergies, lethal kidney disease and so on. Their livestock die, get diarrhoea, become sterile, cannot conceive, or give birth to dead and deformed animals.

Scientists had to get through tremendous hurdles and obstructions to do the research, not just from Monsanto, but also from corrupt and/or misguided governments, including the UK. For years, practically the only research on safety of GMOs was carried out by the companies themselves, and their raw data are kept from the public as commercially sensitive information.

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World Bank and aid donors accused of enabling land grabs

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by Ellie Violet Bramley    Guardian   May 21, 2014

Aid donors and international institutions including the World Bank and World Economic Forum (WEF) have been accused of promoting an environment that fuels land grabs through policies and initiatives that pave the way for large-scale private investment.

In a report published on Tuesday, the NGO ActionAid says public money and policy incentives such as tax breaks and cut-price loans are facilitating land deals that threaten the lives and livelihoods of small-scale farmers in poor countries.

ActionAid warns that the consequences of such deals, which are too often happening behind closed doors and with little or no consultation with local communities, include “forced evictions, human rights violations, lost livelihoods, divided communities … rising food insecurity and, ultimately, increased poverty”.

A spokesman for the World Bank said it was also concerned about the risks of large-scale land deals and stressed that it did not support investments that took advantage of weak institutions in developing countries.

ActionAid’s report says weak governance and regulation of land use and agricultural investments have left millions of smallholder farmers and indigenous people in vulnerable situations “lack[ing] recognition over their land rights, even if they have resided in or used the area for generations”.

ActionAid’s campaign manager, Antoine Bouhey, said a “nexus of different policies” at the global level, which encourage private investment as a route to development, were also to blame.

“Governments are turning to private capital to fill the massive shortfall in public spending but too often this blind rush for investment is leading to land grabs which are leaving communities landless, homeless and hungry. Growth cannot be achieved at the expense of the poorest and most vulnerable,” he said.

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“System Change, Not Climate Change” -how to get there from here

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climate and capitalism

A Left Solution to Climate Change

Climate change is occurring with extreme rapidity. Recent news headlines warn us: “Earth Could Warm 11 Degrees by 2100,” “Huge Antarctic Ice Sheet Is Collapsing,” and “Climate Change Risks Security and Wars.” — and this is just the beginning.

Had extreme measures been inaugurated worldwide 20 years ago to sharply curtail reliance on fossil fuels, much of what we are now experiencing — unwelcome temperature change, dangerous storms, droughts, floods, etc. — would have been minimized. But to this day Washington is among the tiny minority of countries that have refused to ratify the basic UN document on climate change, the Kyoto Protocol.

The current stage of the climate crisis will afflict our Earth for innumerable generations to come, creating increasing havoc. Stage one will eventually transform to a crueler stage two later this century and other stages eventually unless severe measures are introduced immediately. We know the dire consequences for future generations if we fail to act immediately.

David Suzuki got it right when he said on the Bill Moyers PBS program this month: “Our politicians should be thrown in the slammer for willful blindness…. I think that we are being willfully blind to the consequences for our children and grandchildren. It’s an inter-generational crime.”

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Engdahl: The Hidden Agenda of Genetic Manipulation (video)

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The Hidden Agenda of Genetic Manipulation, F. William Engdahl

Published on Jan 4, 2014
F. William Engdahl is an American German freelance journalist, historian and economic researcher. and author of “Seeds of Destruction: The Hidden Agenda of Genetic Manipulation”

This lecture at the Open Mind Conference 2013, focuses on how a small socio-political American elite seeks to establish its control over the very basis of human survival, the provision of our daily bread. Control the food and you control the people. This is no ordinary lecture about the perils of GMO.

Engdahl takes the audience inside the corridors of power, into the backrooms of the science labs, behind closed doors in the corporate boardrooms and reveals a World of profit-driven political intrigue, government corruption and coercion, where genetic manipulation and the patenting of life forms are used to gain worldwide control over food production. The lecture is based on Engdahls book “Seeds of Destruction: The Hidden Agenda of Genetic Manipulation” which is an eye-opener, a must-read for all those committed to the causes of social justice and World peace.

Water Liberty: How Innovation Trumps Privatization

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By Rady Ananda
COTO Report     May 2, 2014

The World Bank joins Nestlé in wanting to privatize water, deeming it “extremist” to suggest that those born on this planet have a natural right to clean, potable water. Meanwhile, RT’s Abby Martin reports that the watchdog group Corporate Accountability International recently released a new analysis showing that:

“Investing in private water does not extend access and is also counterproductive for economic development. By contrast, infrastructure investment, abandoned by the corporate sector, is where real benefit can be achieved: the World Health Organization estimates more than $10 of economic benefit from every $1 invested in water infrastructure systems.”

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