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Agriculture, the service economy, sexual exploitation, manufacturing, construction and domestic work drive today's enslavement around the world.
Submitted by sarahadams on
This last installment in a series looks at what the IMC has done, ahead of this weekend's conference, to maintain power among the world's most influential bodies controlling economic, financial and monetary affairs.
Top financiers at the International Monetary Conference engineered so-called "aid packages" for crisis-hit developing nations that were, much like today, nothing more than bailouts for the big banks.
Two years before the 1982 debt crisis erupted, the world’s top bankers met secretly in New Orleans and warned that a “safety net” may be needed to bail out the major banks which lent money to the developing world.
This four-part Global Power Project series takes on the secretive meeting of global financiers happening in June at the International Monetary Conference in Munich.
"I think the economic logic behind dumping a load of toxic waste in the lowest wage country is impeccable and we should face up to that," wrote Lawrence Summers while serving as Chief Economist at the World Bank. He is now in the G30.
From Jean-Claude Trichet and Mario Draghi to Jaime Caruana and Kenneth Rogoff, proponents of austerity politics run in some of the world's elite circles where they have pushed illogical and unsuccessful economics to its inevitable conclusion.
What makes the G30 so important is not only that they are taken seriously by policymakers and market "participants" – but that the very individuals making the recommendations are in positions of power to directly implement or support those recommendations.
Emerging from the Rockefeller Foundation in the late 1970s, the Group of Thirty was designed as a think tank, lobby/industry group and, ultimately, a consensus-building institution for the global elites – to ensure that they stayed that way.
Institutional and imperial power structures have never been more globalized or concentrated in human history; yet, simultaneously, never have they been under more threat from an awakened humanity. Zbigniew Brzezinski says there's no going back.
The relationship between the powerfully connected Institute of International Finance and global central bankers goes well beyond the timid attempts at “regulation” on the part of global banks, as this third segment in the IFF series reveals.
Agriculture, the service economy, sexual exploitation, manufacturing, construction and domestic work drive today's enslavement around the world.
Thanks to the Electoral College, leftists have perhaps the final say this November over whether democracy can hold on for at least another four years, or if fascism will take root and infect all facets of the federal government for decades to come.
What remains unknown is whether post-truth Republicans will succeed in 2024 as the Nazis did in 1933.
Based on details that have emerged about Trump’s presidential agenda, the far-right Heritage Foundation plans for the next GOP president to have all the tools necessary to demolish multicultural democracy and establish a white, Christian ethnostate that imposes a gender apartheid not unlike the Taliban’s Afghanistan.
Like Hitler, Trump has a unique command of propaganda, a captivating public presence, and he knows how to drive home narratives beneficial to him and harmful to his enemies.
Agriculture, the service economy, sexual exploitation, manufacturing, construction and domestic work drive today's enslavement around the world.
Thanks to the Electoral College, leftists have perhaps the final say this November over whether democracy can hold on for at least another four years, or if fascism will take root and infect all facets of the federal government for decades to come.
History shows there are no “one-day” dictatorships. When democracies fall, they typically fall completely.
What remains unknown is whether post-truth Republicans will succeed in 2024 as the Nazis did in 1933.
Based on details that have emerged about Trump’s presidential agenda, the far-right Heritage Foundation plans for the next GOP president to have all the tools necessary to demolish multicultural democracy and establish a white, Christian ethnostate that imposes a gender apartheid not unlike the Taliban’s Afghanistan.
Based on details that have emerged about Trump’s presidential agenda, the far-right Heritage Foundation plans for the next GOP president to have all the tools necessary to demolish multicultural democracy and establish a white, Christian ethnostate that imposes a gender apartheid not unlike the Taliban’s Afghanistan.
Thanks to the Electoral College, leftists have perhaps the final say this November over whether democracy can hold on for at least another four years, or if fascism will take root and infect all facets of the federal government for decades to come.
What remains unknown is whether post-truth Republicans will succeed in 2024 as the Nazis did in 1933.
Agriculture, the service economy, sexual exploitation, manufacturing, construction and domestic work drive today's enslavement around the world.
History shows there are no “one-day” dictatorships. When democracies fall, they typically fall completely.
Thanks to the Electoral College, leftists have perhaps the final say this November over whether democracy can hold on for at least another four years, or if fascism will take root and infect all facets of the federal government for decades to come.
History shows there are no “one-day” dictatorships. When democracies fall, they typically fall completely.