Capitalism in Long Term Stagnation and Decay - Gar Alperovitz on Reality Asserts Itself (3/5)
Mr. Alperovitz tells Paul Jay that if you concentrate wealth at the top, there's not enough purchasing power to make the rest of the system work - January 26, 2014
Transcript at TRNN.
Remember, wealth at the top = 39.000 billion in offshore heavens. ICIJ - Offshore leaks.
= new reply since forum marked as read
...of what the author says concerning the current condition of the economy and what it portends, however, those ''cyclical crashes'' he referred to weren't/aren't random acts of nature. Nor is it some kind of theoretical postulate regurgitated back at us as some ridiculous sounding mathematical formula which amounts to nothing more than financial mumbo-jumbo. Derivatives are a good example of this. No one knows how they work. Weapons of Financial Destruction they're called.
And yet as with the elites of the past -- JP Morgan, Andrew Carnegie, et. al.; someone always knows when the rug is going to get pulled. And the ones who know when, are the only ones left standing when all the shaking is over.
Neither are wars random acts of humanity. Wars are always perpetrated by those with money seeking more money. Or more of something that they can make money with. Particularly since we started having world wars. Everybody's shit is in-play now. Someone always makes a lot of money from wars, so there's where one looks for the ones who start them.
- See, here's the thing: ''If we keep looking past the obvious, we'll never solve our problems.''
