We’ve lived so long under the spell of hierarchy—from god-kings to feudal lords to party bosses—that only recently have we awakened to see not only that “regular” citizens have the capacity for self-governance, but that without their engagement our huge global crises cannot be addressed. The changes needed for human society simply to survive, let alone thrive, are so profound that the only way we will move toward them is if we ourselves, regular citizens, feel meaningful ownership of solutions through direct engagement. Our problems are too big, interrelated, and pervasive to yield to directives from on high.
—Frances Moore Lappé, excerpt from Time for Progressives to Grow Up

Monday, March 27, 2017

Modi, Yunus and the financial inclusion mafia

Click here to access article by economist Norbert Häring from his website (Germany). 

Modi is of course the prime minister of India and Yunus is a micro-lending banker in nearby Bangladesh. Häring connects these two figures with the World Bank, USAID, Citi Foundation, Bill & Melinda Gates Foundation, Master Card, Omidyar Network (Paypal), and the United Nation Capital Development Fund which together conspire to use credit as a method to gain control and ownership over everything of worth in the world. The mafia-like scheme represents the latest capitalist class war against the poor and gullible workers of the world.
The war on cash that is currently being waged in India and other developing countries is the culmination of a "financial inclusion”-campaign originating in the US in the 1990s. The purported goal and the US institutions pushing the agenda are the same as in two earlier financial-inclusion-drives, which have been thoroughly discredited: the subprime mortgage banking frenzy in the US and the microcredit-hype around Muhammad Yunus and his Grameen Bank. 

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