For several months now, NeoLiberal and NeoConservative politicians in most industrialized nations have been grasping at straws, citing each irrelevant minor uptick in economic statistics as evidence that “the worst” of the global recession-cum-depression “is over.”
Unfortunately, most of these rosy predictions are either outright lies or desperate, deluded wishes.
Since the collapse of Soviet Communism 20 years ago, almost every country in the world – including both Russia and China (which still calls itself a Communist country) –
have bought into the tawdry philosophy of corporate capitalism.
The supposed capitalist victory in the half-century-long Cold War was supposed to be “the end of history.” The whole world would now be capitalist and the rising tide of capitalist triumphalism was supposed to raise all boats as “trickle-down economics” began to deliver the goods to all.
But that has not happened. Instead, what we are now seeing is the ultimate collapse of corporate capitalism as the extreme and growing gaps between rich and poor have crippled the global mass market.
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