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dixiegrrrrl

(60,010 posts)
Mon Mar 7, 2016, 02:44 PM Mar 2016

How the world really works, in 4 paragraphs

]John Perkins sez.....

Economic hitmen – I'm a former one, actually – created the world's first truly global empire. It's really a corporate empire, not an American empire although the U.S. government certainly supports it.

We work many different ways, but perhaps the most common is that we will identify a country that has resources that corporations want, like oil. We arrange huge loans of that country from the World Bank or one of its sisters. Yet, the money never actually goes to the country. It is primarily there to make the our companies -- that build the infrastructure projects like the power plants, and the industrial parks, highways, and ports -- very rich.
In addition, a few wealthy families make a lot of money off of these programs. They own the industries and commercial centers.

But the majority of the people do not benefit at all. They do not have enough money to buy much electricity. They cannot get jobs in industrial parks because the industrial parks do not hire many people. They lose out because a lot of money is diverted from healthcare, education, and other social services to try to pay the interest on the debt.

In the end, the principal is never paid down. We go back and say Since you cannot pay your debts, sell your resource real cheap to our corporations without any environmental restrictions or social regulations. Or privatize, and sell off your electric utilities;,your water and sewage systems, and your schools, your jails -- all of your public sector businesses -- to our corporations.
These leaders are very aware that if they do not accept these deals; if we economic hitmen fail to bring them around, the jackals are likely to show up. These are people that will either assassinate those leaders or overthrow their governments.



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How the world really works, in 4 paragraphs (Original Post) dixiegrrrrl Mar 2016 OP
in four words "You know whats up" fourcents Mar 2016 #1
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