Wednesday, May 30, 2018

Money Trumps We The People

Pleasing Investors at the Expense of the People, Argentina Sells out to the IMF

President Mauricio Macri has put the country back on the neoliberal path with policies that favor big agricultural producers inside the country, and investors both inside and outside of Argentina.

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It should be clear by now that neoliberal economics benefits only a small fraction of the world's population.

Banks and securities exchanges are chartered to benefit We the People. Even if one considers corporations to be "persons", they are only a small fraction of the world's persons.

It's time for governments to ignore the wishes of the rich in favor of the needs of the many. I know that doesn't play well in the US, but the alternative is mass poverty and starvation.

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