Sanjay Perera |The economy of violence: Waste, expenditure and surplus

As we have seen there has largely been the channeling and misuse of energy and resources in economies that could have been used to generate abundance, but are used instead for production that involves unconscionable waste of resources and life forms. There is a framework of duality and polarity in which one group extracts from another mercilessly. The extraction of resources from the planet and all life forms results in an inordinate accumulation and hoarding of resources and wealth that is redistributed primarily amongst those who already have plenty.

The Bribe Factory: The Company that Bribed the World

...a vast cache of leaked emails and documents has confirmed what many suspected about the oil industry, and has laid bare the activities of the world's super-bagman as it has bought off officials and rigged contracts around the world.

Chris Hedges and Michael Hudson: The Global Economy Is a Giant Ponzi Scheme

We should add that under this predatory form of economics, you game the system. So you privatize pension funds, you force them into the stock market, an overinflated stock market. But because of the way companies go public, it’s the hedge fund managers who profit. And it’s those citizens whose retirement savings are tied to the stock market who lose.

Robert Parry: The Misinformation Mess

Parry: There is nothing wrong with having machines do more of the drudgery and give humans more time to enjoy life. The problem comes when the benefits accrue to a tiny minority and the rest of us are forced to work harder or face declining living standards.

Video. Chris Hedges | Days of Revolt: Neoliberalism as Utopianism

Saul: And what they did, most universities, was they did an intellectual cleansing of the economic historians to remove the possibility of doubt, the possibility of speculation on ideas, leaving these sort of hapless--mainly hapless macroeconomists, who fell quite easily into the hands, frankly, of the ideologues, the neoliberals, neoconservatives...

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