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Jonathon Cook – Our broken system has no ‘moderate’ devotees

Summary:
Jonathon Cook says the so called moderates want open borders to bring down wages to increase profits, but the right are no better  having no solutions for the neoliberal capitalist system that is broken. Western politics is tearing itself apart, polarising into two camps – or at least, it is in the official narrative we are being fed by our corporate media. The warring camps are presented as “moderate centrists”, on one side, and the “extreme right”, on the other. The question is framed as a choice about where one stands in relation to this fundamental political divide. But what if none of this is true? What if this isn’t a feud between two opposed ideological camps but rather two differing – and irrational – reactions to the breakdown of late-stage capitalism as an economic model, a

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Jonathon Cook says the so called moderates want open borders to bring down wages to increase profits, but the right are no better  having no solutions for the neoliberal capitalist system that is broken.

Western politics is tearing itself apart, polarising into two camps – or at least, it is in the official narrative we are being fed by our corporate media. The warring camps are presented as “moderate centrists”, on one side, and the “extreme right”, on the other. The question is framed as a choice about where one stands in relation to this fundamental political divide.
But what if none of this is true? What if this isn’t a feud between two opposed ideological camps but rather two differing – and irrational – reactions to the breakdown of late-stage capitalism as an economic model, a system that can no longer offer plausible solutions to the problems of our age?

Merkel and the mainstream neoliberal elite are committed to an ever-more deregulated world because that is imperative for a globalised economic elite searching to accrue ever more wealth and power. That elite needs open borders and a lack of significant regulation so that it can plunder unrestricted the Earth’s resources – human and material – while dumping the toxic waste byproducts wherever is most profitable and convenient.

International order

Meanwhile, the global elite has created international or trans-national structures and institutions precisely to remove the power of nation-states to regulate and dominate the business environment. The political class in the United States, France, Britain, Germany, Mexico or Brazil do not control the corporations. These corporations control even the biggest states. The banks are too big to fail, the arms manufacturers too committed to permanent war to rein in, the largely uniform narratives of the corporate media too powerful to dissent from.
Instead, global or trans-national institutions, such as the World Bank, the International Monetary Fund, the European Union, NATO, BRICS and many others, remake our world to promote the globalised profits of the corporations.
Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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