What do you think about this economic robbery and capitalistic ruin?
August 20th, 2009 | by admin |The financial wealth, consisting of bonds, equities and derivatives, overcome sixty times the production. This means that most of the money is spent on the purchase of unreal goods. (Source: Nino Galloni, Euro Mysteries amd finance misfact, Rubettino publisher, Italy)
Companies like Siemens or Daimler-Benz earn more by investing money in financial markets that by production itself. (Source: Magrit Kennedy, The money free of inflation and interest)
The fundamental problem of capitalism is that capital must be paid: it is therefore considered an interest rate at the beginning of the production cycle, loading all of the risk on the company. (Source: Nino Galloni). (note: we all know the consequences, like exploitation of workers, use of poor quality materials, export of assets abroad and so on).
There are 22 thousand italian companies in Romania. (Source: Grillo’s blog)
In Italy, over 40% of national wealth is illegal (Source: High Commission on Anti-Corruption)
Among the italian companies wich produce more than 50 million euros a year, to evade taxes are 98.40% (Source: Tax Revenue Agency in Italy)
On 3.5 million loans made in recent years, the seizures affected 120 thousand families. (Source: The Republic of Banks, Elio Lannutti)
5′450′000 are the families victim of seizures or jaw taxes, without a judge examination. (Source: Attorney Marco della Luna)
Everyday developed countries receive $300 million of interests from third world countries and give them about half in "development aid". (Source: Magrit Kennedy, The money free of inflation and interest) (note: poor countries cannot escape from the condition in which they are due to the continued economic robbery they are suffering. Democratic Republic of Congo, formerly Zaire, one of the richest of resources country in the world, yet remains one of the most economically poor).
Thank you for sharing.
So what about this do you think is new?
http://en.wikipedia.org/wiki/Crony_capitalism
http://en.wikipedia.org/wiki/Banana_Wars
http://en.wikipedia.org/wiki/Enclosure
http://en.wikipedia.org/wiki/Teapot_Dome_scandal
http://en.wikipedia.org/wiki/Political_scandals_of_the_United_States
http://en.wikipedia.org/wiki/Robber_baron_(industrialist)
http://en.wikipedia.org/wiki/Plutocracy
2 Responses to “What do you think about this economic robbery and capitalistic ruin?”
By simplicitus on Aug 20, 2009 | Reply
Thank you for sharing.
So what about this do you think is new?
http://en.wikipedia.org/wiki/Crony_capitalism
http://en.wikipedia.org/wiki/Banana_Wars
http://en.wikipedia.org/wiki/Enclosure
http://en.wikipedia.org/wiki/Teapot_Dome_scandal
http://en.wikipedia.org/wiki/Political_scandals_of_the_United_States
http://en.wikipedia.org/wiki/Robber_baron_(industrialist)
http://en.wikipedia.org/wiki/Plutocracy
References :
By Colonel Dekker on Aug 20, 2009 | Reply
Agree. Its all about the misguided misconception that "money is good" agenda that is played around the world. All the time bonuses and ever increasing profits exist- will always be a boom bust economic cycle. Governments are notoriously inefficient at procuring [equal ?] collection of taxes So taxes are paid by those that cannot really afford it. There’s enough money in the world for everyone to have a job and to banish poor countries. Yet ppl make "money" out of these "poor groups of society" just look at the coffee producing countries since the "coffee council" collapsed in the early nineties. Unless there’s more of a sort of communist sharing equalised society -does not bode well for the future. CD.
References :