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Paul Jay – The Billionaire Class is Not Fit to Rule

Summary:
Paul Jay describes everything they is wrong with our society and what we can do to save it. The elites are not fit to rule, says Paul Jay, as they are in an orgy of mass profits and can't believe their luck, and so they have no incentive to change, even if they are bringing the world to an end. They are also destroying western civilisation as Nomi Prins describes.The elites believe they can ride the storms of climate change and environmental destructing and watch the world go to hell while they live safely up in the hills served by robots.The military -industrial complex brings them massive profits and so they are happy to have the world in a state of hair trigger total destruction.This capitalist system appears to work, but really it's a failure as the vast majority of people in the

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Paul Jay describes everything they is wrong with our society and what we can do to save it. The elites are not fit to rule, says Paul Jay, as they are in an orgy of mass profits and can't believe their luck, and so they have no incentive to change, even if they are bringing the world to an end. They are also destroying western civilisation as Nomi Prins describes.

The elites believe they can ride the storms of climate change and environmental destructing and watch the world go to hell while they live safely up in the hills served by robots.

The military -industrial complex brings them massive profits and so they are happy to have the world in a state of hair trigger total destruction.

This capitalist system appears to work, but really it's a failure as the vast majority of people in the world are driven into poverty.

The ruling elites are creating a world where the majority of people suffer the consequences of the climate crisis and massive unemployment while the super-rich use artificial intelligence to save themselves - a commentary by TRNN’s Senior Editor

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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