Saturday, November 5, 2011

John Perkis on globalization

This video is enlightening. It highlights that poverty is created and maintained by the wealthy. The poor are needed to provide slave labor, and control of 3rd world countries is necessary to rape their resources, all to maintain the wealth of a few. And these few are what he calls the empire of the corporatocracy. He says: "Without a doubt this economic system is a failure." Please listen. Here's a brief bio of Perkins from wikipedia:

"John Perkins (b. January 28, 1945 in Hanover, New Hampshire) is an economist and author. He was a Peace Corps Volunteer in Ecuador from 1968–1970 and this experience launched him in the world of economics and writing. His best known book is Confessions of an Economic Hit Man (2004), an insider's account of the exploitation or neo-colonization of Third World countries by what Perkins describes as a cabal of corporations, banks, and the United States government. His 2007 book, The Secret History of the American Empire, provides more evidence of the negative impact of global corporations on the economies and ecologies of poor countries, as well as offering suggestions for making corporations behave more like good citizens."

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