Sunday, May 3, 2015

Techno-Financial Capital and Genocide of the Poorest of the Poor

http://www.informationclearinghouse.info/article41745.htm

The Euro-American and Japanese ruling classes, as well as their collaborators in the Afro-Asian and Latin American countries, have accumulated vast profit. This has occurred through a complex stratified system re-concentrating the world’s wealth through: 1. The exploitation of labor in the First World (North America and Western Europe); 2. super-exploitation of labor in the Second World (China, ex-USSR); 3. dispossession of peasants, native communities and urban dwellers to grab resources, land and real estate in the Third World; and 4. wars of genocide against the poorest of the poor in the ‘Fourth World’. Besides all the forms of brutal exploitation and dispossession, which enrich the Euro-US ruling classes, by far the most sinister and threatening to humanity is the concerted worldwide effort to literally exterminate the poorest-of-the poor, the hundreds of millions of people no longer essential for the accumulation and concentration of imperial capital today.

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