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OpEdNews Op Eds    H2'ed 11/3/20

Howard Richards Nails It Again: It's Structure, Not Greed

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Howard Richards knows whereof he speaks. He was Cezar Chavez' and the United Farm Workers' lawyer in the '60s. He witnessed the US-backed coup in Chile that brought Pinochet (and Chicago-school Freidmanomics) to power. When he says greedy people are not the cause of our global crisis, he doesn't mean there are no greedy people making a mess of things.

He explains that the tiny minority who now own practically everything are compelled, under the brutal ethical logic of our capitalist culture, to these absurd levels of world-ending extraction, exploitation and accumulation; and that under this mad system, even our daily bread depends utterly on investor confidence. If the the investors - banks and hedge-funds - don't anticipate a high return, people, villages, communities, whole nations face unemployment, hunger, disease and death. War functions as the direct means of extorting mineral and agricultural wealth.

All governments must submit to the whims of the investors, or face catastrophic economic consequences. But when they submit, as they do without exception (or else, Venezuela), they participate in a game only a few of them can win.

The full article is here.

Some excerpts:

"...humanity is marching lockstep to a place not one human being wants to go, namely to making planet earth uninhabitable.

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I'm an old Pogo fan. For some unknown reason I persist in outrage at Feudalism, as if human beings can do much better than this. Our old ways of life are obsolete and are killing us. Will the human race wake up in time? Stay (more...)
 

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