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Reply #10: Democracy is losing the battle worldwide to Corporatism [View All]

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IChing Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Aug-27-06 11:10 PM
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10. Democracy is losing the battle worldwide to Corporatism
Business and entrepreneurship have its place in all nations but when the rights of the corporations outweigh the needs of the people then an adjustment needs to be done. World wide corporations whose wealth is greater than many nations wield power in relationship to the number of shareholders far greater power than their benefit to mankind.

The questions of a sustainable economy goes hand in hand with a sustainable environment which needs democracy as it's guardian.
The corporations can never be the guardian of the people. Racial injustice, war, urban blight, and environmental rape have a common denominator in our exploitative economic system.

Call a thing immoral or ugly, soul-destroying or a degradation of man, a peril to the peace of the world or to the well-being of future generations; as long as you have not shown it to be ''uneconomic'' you have not really questioned its right to exist, grow, and prosper.”

The poverty of our century is unlike that of any other. It is not, as poverty was before, the result of natural scarcity, but of a set of priorities imposed upon the rest of the world by the rich. Consequently, the modern poor are not pitied... but written off as trash. The twentieth-century consumer economy has produced the first culture for which a beggar is a reminder of nothing.

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