By Trond Overland
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Today new liberal theories are being hastily applied in grotesque attempts to keep the sinking ship of global capitalism afloat. Needless to say, the financial markets provide the testing ground for most of their destructive creativity, where old and new ways and means are experimented with, in ever-new efforts to suck just another drop of profit out of the socioeconomic body of humanity. Greed and grab are the inner motivations of these hypocritical inventors of new market devices, laws, regulations, etc.
Needless to say, the financial markets provide the testing ground for most of their destructive creativity, where old and new ways and means are experimented with, in ever-new efforts to suck just another drop of profit out of the socioeconomic body of humanity. Greed and grab are the inner motivations of these hypocritical inventors of new market devices, laws, regulations, etc. that are the brainchildren of the cream of the intellectual community employed by the super-rich in their effort to become even richer.
Basically, “the wealth of all” does not mean much for capitalists. Their motivation is quite different. What makes sense to a capitalist is the capital he or she controls. The active expansion of such personal wealth is capitalism in action. Let us break that basic truth down into some practical aspects of typical big business attitudes. 1. For a very long time the multinationals did splendidly in their trade with the poor. Cheap raw materials were being extracted, refined and sold worldwide with enormous profits.
A Look at Progress, Utilization and Theory by Trond Overland