Globalization has led to the formation of a truly global economy, where states have less influence in global economic factors, and increasingly the world economic system is controlled by a powerful minority of banks, international financial institutions, and corporations. This process has been facilitated by the major nations of the world, primarily the United States, and it has in turn led to the formation of a truly global ruling class. David Rothkopf refers to this global class as the ‘Superclass’ and has concluded that it is a class consisting of roughly 6,000 individuals, roughly one member of the ‘Superclass’ for every one million people.
in the time remaining, to help us understand how the man-made system of capitalism will lead to the extinction of our human species, and so many others.
Thursday, April 1, 2010
Western Civilization and the Economic Crisis: The Impoverishment of the Middle Class
by Andrew Gavin Marshall from Global Research.