A new breed has emerged; they set the global agenda, ride on Gulfstreams and manage the credit crunch in their spare time. They are anything but elected; they are entrepreneurs and entertainers, media moguls and former politicians - the self-made super rich who are using their money to lay down a new set of global rules. So where did this new global aristocracy come from and who is keeping them in check? Is the world suffering from a global governance gap?3:15 PM update: The discussion ends with the question, "Who are they (the global elites) accountable to?" My answer is that they, like all ruling classes, are only accountable to their peers in their respective ruling classes.
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.
Monday, August 2, 2010
The New Superclass [46:29m video]
from Al Jazeera. Although I haven't had a chance yet to view the whole video, it appears to be a very interesting discussion about the Empire's ruling class, a subject that is rarely addressed. I may offer additional comments later.