Wednesday, September 14, 2005
The Challenge To Power in GreenMoney Journal
Here is an excerpt from my recent article in GreenMoney Journal:
Capitalism in the traditional sense no longer exists, if it ever did, except for small businesses that actually compete in a relatively free local marketplace, but are ultimately manipulated by large corporations that dominate their trade associations. These same giants of American enterprise control supply as well as demand (through ownership of the major media outlets and mass advertising). There are probably only about 200,000 people across the globe that control our natural resources, wealth, and truly act as self-appointed kings (or Niccolo Machiavelli's "princes"), preaching the myth of free enterprise, while exercising authoritarian economic control, bottom feeding at the public trough, and privatizing everything that moves.
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