But, I ask myself, don’t we live in a democracy which should be able to safeguard the interests of individuals and ensure that our basic needs are met and our rights protected? No, no, no … as I learned from David Harvey in his splendid ‘The Enigma of Capital’ ‘Money is a form of social power that can be appropriated by private persons’ and as Fran Lebowitz said ‘In the Soviet Union capitalism triumphed over communism, in this country (US) capitalism triumphed over democracy’. (see March 27 post). But its not just private individuals who wield the power, its huge global companies and financial interests who pull the strings. Even Zac Goldsmith, Conservative MP in the UK government, has been heard to say that industry ‘stalks the corridors of power’ at Westminster.
I’m beginning to see that, looked at through the lens of capital investment opportunities, the cause of many of our problems becomes clear … economic growth at all costs leads to problems
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