Wednesday, May 28, 2014

Nafeez Ahmed — The Inclusive Capitalism Initiative is Trojan Horse to quell coming global revolt

Yesterday’s Conference on Inclusive Capitalism co-hosted by the City of London Corporation and EL Rothschild investment firm, brought together the people who control a third of the world’s liquid assets – the most powerful financial and business elites – to discuss the need for a more socially responsible form of capitalism that benefits everyone, not just a wealthy minority. 
Leading financiers referred to statistics on rising global inequalities and the role of banks and corporations in marginalising the majority while accelerating systemic financial risk – vindicating the need for change.

While the self-reflective recognition by global capitalism’s leaders that business-as-usual cannot continue is welcome, sadly the event represented less a meaningful shift of direction than a barely transparent effort to rehabilitate a parasitical economic system on the brink of facing a global uprising.

Central to the proceedings was an undercurrent of elite fear that the increasing disenfranchisement of the vast majority of the planetary population under decades of capitalist business-as-usual could well be its own undoing.
The analysis: not enough bread and circuses. The solution: More hopioum.

The analysis of the elite that didn't show up for the conference: Strengthen the police state and suspend rights. Turn the world into a panopticon with total surveillance.

The Raw Story
The Inclusive Capitalism Initiative is Trojan Horse to quell coming global revolt
By Nafeez Ahmed, The Guardian

1 comment:

Roger Erickson said...

the 1% reading the writing on the wall which is toppling on them

(or out from under them)