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A CORPORATE EMPIRE Created This Failed Global Economic System — ‘Economic Hitman’ John Perkins

23-6-2014 < SGT Report 63 261 words
 

from USA Watchdog:


John Perkins, best-selling author of “Confessions of an Economic Hit Man,” says corporations, not governments, run the world. Perkins explains, “We are in a world situation unlike anybody has ever known before. We have a global corporate empire. It’s a corporate empire and not a United States empire. It’s the first time in history it’s really not a national empire. It’s the corporatocracy, the heads of corporations, which control everything in the world. This is not a conspiracy theory.



The corporations don’t get together and confer with each other secretly, but they are all driven by one motive, which is to maximize profits regardless of the social and environmental costs. Let’s face it, the economy of China, the economy of Russia and the economy of the United States is very dependent on these big corporations. China has done a lot to create its own economic growth, but it could not have happened without the big multinationals. So, they play an incredibly important roll today; and, in fact, this has created a failed global economic system. Just one statistic that is really telling is less than 5% of us live in the United States and we consume almost 30% of the world’s resources, while half the world is starving or on the verge of starvation. That is not a model. China can’t do that. Russia can’t do that. Africa can’t do that. You can’t repeat that, but they are trying to repeat it . . . but they can’t.”


Read More @ USAWatchdog.com


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