Wednesday, March 26, 2014

Finance Capital Uses Non-Profits for Privatization Agenda

Click here to access article by Danny Haiphong from Global Research.

NGOs (Non-governmental Organizations) have been in the news a lot recently, and often for rather nefarious reasons as regime change agents of the Empire. Such organizations are usually referred to as non-profits when operating within the US. The various schemes used by Empire capitalist agents abroad often are used in some form here in the US and vice versa--let us be clear, our masters in the One Percent ruling class think and act globally. Thus, we need to learn as much as we can. I believe that this article contributes a good deal to this examination.

Haiphong describes the role of non-profits in the US this way:
...the original purpose of the non-profit as a mechanism [was] to smooth over the roughest edges of US capitalism.  However, in the age of neo-liberal monopoly capitalism, existing programs that address the needs of the exploited are being rolled back to feed the bottom line of Finance capital.  Wall Street has transferred most of the world’s wealth into their dollar schemes. The ultimate goal of Wall Street is to privatize Medicaid, Social Security, public education, and the entire public sector to subsidize its losses and crashes.  Non-profits are being employed by finance capital to cement its privatization agenda, thus making the institution not only limiting in nature but thoroughly corrupting as well.