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3 of 4 people found the following review helpful
5.0 out of 5 stars `Free trade, piracy, war - an inseparable three' (Goethe - Faust II), 11 Dec 2011
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This review is from: Global Economic Crisis: The Great Depression of the XXI Century (Paperback)
What this hard-hitting book makes crystal clear is the fact that the Western world is dominated by a tiny super-wealthy elite, whose political, economic, financial, social and military policies are interwoven in order to further their worldwide dominance.

Economic and social policies
Free markets don't exist. An example: a small number of global corporations have the ability to determine the prices of food staples quoted on the commodity exchanges, directly affecting the standard of living of billions of people.
Neoliberalism with its gospel of deregulation and liberalization of prices, foreign trade and investments and of downsizing of the public sector is simply part of a hegemonic project of concentration of power and wealth.
Economic slumps are used to launch class wars against workers by pushing down labor costs. The only goal of relocations is the generation of greater profits.

Political issues and freedom
The main aim of the world elite is the creation of a world government, thereby eliminating democratic rule. Freedom should only be reserved for corporations. Citizens are only useful as consumers and for the socializing of losses, as has been the case in the recent bank bail outs worldwide. Those who created the crisis were also the greatest beneficiaries of the elected civil government's largesse.
The media, controlled by the powerful, are creating a web of deceit and a virtual world for the plebeians.
Geopolitically, there is already an economic war going on between two blocs: US/NATO v. China/Russia.

Financial issues
Financial markets are rigged by prior knowledge and inside information, together with the spreading of misleading or fake dispatches and alarms. The recent financial meltdown has been conducive to a massive concentration of bank power.
Central banks are working behind the scenes with their financial weapons (money supply, interest rates, credit). They can destroy a nation and bankrupt whole populations.
Until now, the role of the US dollar as the only world reserve currency remains paramount. It permits the privately owned Federal Reserve to create limitless fiat money out of nothing. It could be replaced by a global world currency printed by a privately owned Global Central Bank, like the BIS in Basel.

Remedies
The first and foremost remedy is peace, not war, because war enriches the upper class which controls the war industry. Wars are also used for the restructuring of the world economy.
The second remedy is an overhaul of the function and the ownership of the Central Banks and the BIS. Banks should not be controlled by special interests, but by democratically elected governments.

This outspoken book, written by superb free minds, is a must read for all those who want to understand the world we live in.
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Luc REYNAERT
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Location: Beernem, Belgium

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