The global economy has largely disappeared from political discussions in recent months as national leaders preoccupied themselves with warmaking.
More Quotes from William Greider:
In the deregulated realm of US banking and finance, crime does occasionally pay for its foul deeds, not in prison time but by making modest rebates to the victims.William Greider
Obviously, people with low or even moderate incomes could not afford such savings rates, and even diligent savings from their low wages would not be enough to pay for either retirement or healthcare.
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Animal-rights advocates remind us of this admonition: The ways in which people treat animals will be reflected in how people relate to one another.
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In 1900 Americans on average lived for only 49 years and most working people died still on the job.
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The juggernaut -- the best and biggest military force in the world -- lumbers on, doing what it knows how to do best. It is unwilling to rethink its future, unable to let go of the past. Like the shark, it must keep feeding, only now it is feeding on itself.
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The great, unreported story in globalization is about power, not ideology. It's about how finance and business regularly, continuously insert their own self-interested deals and exceptions into rules and agreements that are then announced to the public as free trade.
William Greider
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