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OpEdNews Op Eds    H3'ed 3/4/10

Barry C. Lynn's "Cornered: The New Monopoly Capitalism and Economics of Destruction"

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Barry C. Lynn's "Cornered: The New Monopoly Capitalism and the Economics of Destruction" - by Stephen Lendman


Lynn is director of the Markets, Enterprise, and Resiliency Initiative, a senior fellow at the New America Foundation, and author of "Too Big to Fail" about the dangers of monopoly capitalism.


He expands on the threat in his newest book titled, "Cornered: The New Monopoly Capitalism and the Economics of Destruction," explaining today's peril given the power of predatory giants.


They control governments, the courts, war and peace, dominant information sources, and essential services, including health care, air and water, what we eat and drink, where we live, what we wear, and school curricula to the highest levels. They own genetic code patents, basic human life elements to be commodified the same as toothpaste, tomatoes or toilet paper.


Omnipotent, they plunder recklessly, ruthlessly at our expense. They're private tryannies, endangering humanity, basic freedoms, environmental sustainability, and planetary survival. Without exaggeration, they're unaccountable, unchecked "weapons of mass destruction."


In "Cornered," Lynn explains the danger and urgency to address it. Our lives and futures depend on it.


It might have been different had Thomas Jefferson and James Madison prevailed over John Adams and Alexander Hamilton in crafting America's Bill of Rights. They wanted 12, not 10, including "freedom from a permanent military (and) monopolies in commerce."


Imagine the possibilities had they prevailed, or if early leaders agreed with Jefferson in 1816, seven years after his presidency, saying in a letter to a friend:


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I was born in 1934, am a retired, progressive small businessman concerned about all the major national and world issues, committed to speak out and write about them.

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