In 1928 when the US-based United Fruit Company – now known as Chiquita Brands International – faced labor issues in Columbia, it had at its disposal Colombian troops which gunned down hundreds of strikers to maintain production and profits. Ensuring that Columbia protected “American interests” was the US State Department who hosted company representatives at the…
Do the Wall Street Journal’s editorial page editors read their own newspaper? The frontpage headline story for the Labor Day weekend was “Low Wage Growth Challenges Fed.” Despite an alleged 4.4% unemployment rate, which is full employment, there is no real growth in wages. The front page story pointed out correctly that an economy alleged…
Introduction In the last few months, several competing political, economic and military sectors – linked to distinct ideological and ethnic groups – have clearly emerged at the centers of power. We can identify some of the key competing and interlocking directorates of the power elite: 1. Free marketers, with the ubiquitous presence of the ‘Israel…
Wall Street, London, and the Bretton Woods institutions like the World Bank, and the International Monetary Fund claim to support development and the eradication of poverty around the world. They also claim to support scientific progress and raising the global standard of living. However, often they seem to make friends and allies with very different…
It is more obvious every day that with the accession of Donald Trump to the presidency of the United States—I refuse to use the word “election,” because I am convinced that Trump was designated for this position by the “deep state” and the controlled media—a major world disaster is not only likely but probably inevitable….
Naming the System In democracies, the demos, the people, rule; not social or economic elites. This was the understanding of philosophers in Athens twenty-five centuries ago, and it remained the consensus view well into the modern era. The received wisdom was that, like anarchy, democracy is a theoretical possibility that can be instructive to reflect…
