Some 24,000 people per day die of hunger-related causes, and three quarters of these are children. The wealth transfer that we Americans have enjoyed is not just us getting richer and the rest of the world not getting richer. We have reduced household consumption in the rest of the world. Meanwhile we've deluged poor nations with armaments and the man-made scarcities that now play out against the backdrop of religious, ethnic, racial and tribal enmities, and threaten to send entire regions, even continents, into the abyss of civil war and slaughter while we profit from the sales. We are the problem.
Corporations increasingly rule the world.
They are, however, only loyal henchmen. They serve their lord and master. The problem lies not with corporations but with the world's financial system. We investors benefit from these calamitous things that I've been speaking of and we insist that corporations continue doing them, continue the assault. As owners we insist that management serve a single god, the shareholder's wallet.