In this 69-second video clip, Paul Craig Roberts explains globalization. It is a means to maximize profits of a few global corporations by impoverishing First-World labour, while turning agriculture in Third-World countries into monocultures for export. Thus globalization destroys the self-sufficiency of peoples of both the less developed and the the developed economies.
US/Nato's multiple criminal wars of aggression serve one purpose, to subjugate independent nation states, otherwise known as "rogue regimes," to global governance through the UN/EU/WTO/NATO, etc., etc. Ukraine, a constitutional democracy with a huge agricultural resource base and substantial mineral and energy resources was ripe for exploitation by international capital.
In the hands of the Nato/US State Department/Chatham House puppet,
Arse Yatsenyuk, the formerly independent Ukraine is now under full
globalist control. Ukraine thus provides a base for action against
the still independent former Soviet states of Belarus and Russia. Hence
the ongoing vilification of Russia, aimed at creating public support for
such aggression, including the instigation of internal dissent,
sabotage and terrorism, the application of economic sanctions and
blockades, and if necessary direct military intervention.
The endless printing of money by Western central banks is designed to conceal the impoverishment of the workforce of First-world countries by reducing the purchasing power of wages while avoiding large nominal wage cuts. A consequence of such action is a rise in asset prices.
Increases in prices of stocks, commodities and real estate largely reflect monetary inflation, not increases in real value, which means that owners of capital are protected from losses resulting from currency debasement, while the workforce is robbed by stealth, the rate at which inflation diminishes real wages being concealed by phoney consumer price indices that exclude assets, such as real estate, and energy and energy-related goods and services: Canada's "core Consumer Price Index," for example, excludes among other things fruits and vegetables, gasoline, fuel oil, natural gas, intercity transportation.
Related:
Globalization: The New American World Order: How It Works
Globalization: Giving the Super-Rich More Clout
Globalization: Corporate media control of public opinion — creating a false narrative
Globalization: In Ukraine: Nazis Good, Democracy Bad
Globalization: Russia is dominated by global banks too
Vilification of Russia: Kiev Sniper Shootings: Lies v. Truth
Vilification of Russia: NATO Commander Paints Dark Picture of “An Imminent Russian Threat”
Vilification of Russia: German Media Lies in Ukraine Crisis
Vilification of Russia: Russia Summons German Ambassador After Schaeuble's Hitler-Putin Analogy
Vilification of Russia: Vladimir Putin and the West: To Dance or Not to Dance
Vilification of Russia: By the time you read this Russia will have invaded Ukraine
Military Pressure on Russia: Russia Questions NATO's "Unreasonable" E. European Escalation
Financial Sanctions on Russia: JPMorgan Unhalts Russian Money Transfer
Economic Sanctions on Russia: America's European puppets dream of doing without Russian gas
Economic Sanctions on Russia: US Threatens Russia Over Petrodollar-Busting Deal
Sabotage in Russia: FSB detains 25 Ukrainians suspected of 'masterminding attacks' in Russia
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