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OpEdNews Op Eds    H2'ed 3/16/10

Capitalism Is Dying a Natural Death

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Siv O'Neall
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The Free Market was set up with unilateral power for the giant in the West and unheard of wealth for the very few as its unique goal. The tools would be the International Monetary Fund (IMF) and the World Bank, which were working on the single track of stealing the national resources of the greatest number of countries possible and squeezing money out of financially strapped nations by lending their governments money at a high interest rate. The ultimate condition for the nations in dire economic straits, was always the cutting back on social services, devaluing the national currency and increasing taxes on the already half-strangled people, thus starving the beast. Such is the ever-present major strategy of these Washington henchmen; the super-tools for U.S. world domination. And, of course, along came the accumulation of further wealth to add to the already astronomic wealth of the corporations. Madness! To what end?

Countries which had previously enjoyed a fairly good standard of living, but had gotten squeezed by the Free Market economy, free trade agreements, such as NAFTA, CAFTA, FTAA [2] and bilateral agreements, saw their relatively comfortable lives wither away, such as many Asian nations in the nineties during the Asian financial crisis [3]. Poor 3rd World nations were suddenly rendered more impoverished than ever before, having their national resources taken over by the multinational hydras. Wherever the heavy boots of the IMF and the World Bank get a foothold in a financially troubled nation, they manage to suck the blood out of the nation's resources and their financial independence.

Free-market capitalism can not possibly go along with true democracy. The concepts represent opposite poles in the running of the economic systems of the world. The most outstanding mark of run-away capitalism is its denial of any civic and human rights to the working people. Privatization, which is the principal gospel of this decadent world order will eventually make us pay for the air we breathe and the polluted water we drink.

If national elections are allowed to survive in order to make for a semblance of democracy, it is only because they have no real meaning the way they are run today. They constitute no real danger to the system that is running the world since they are strictly controlled by corporations that are hand in glove with the imperialists. They are part of the system.

And yet, a majority of U.S. citizens are under the impression that their votes count for something in the running of internal and external politics. They seem to be slowly waking up, however, to the fact that their opposition to the ongoing wars and the tax cuts for the wealthy count for nothing.

The creation of the lone superpower

At the end of World War II, with Europe exhausted and virtually powerless as a commercial partner, the U.S government saw clearly that they would have to shore up the war-damaged European countries in order to create a market place for their newfound wealth. The Great Depression was over at last thanks to the boost to the economy that the war had brought to the nation. Now the U.S. needed commercial partners. So the Marshall Plan was born. Later on came the Hollywood Superman Ronald Reagan and as his megalomaniac and expansionist plans for the country were set in motion, the kernel of the Neoconservative movement was simultaneously taking shape.

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Siv O'Neall was born and raised in Sweden where she graduated from Lund University. She has lived in Paris, France and New Rochelle, N.Y. and traveled extensively throughout the U.S, Europe, and other continents, including several trips to (more...)
 

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