Why The Megacapitalist Global Economy America Made Is Imploding, By Umair Haque
Wait…wasn’t capitalism supposed to bring freedom and democracy with it? Isn’t that whate every American thinker, economist, pundit, politician argued? Isn’t it why America bombed half the world for capitalism’s sake? So…what happened? Here’s what’s really happening. Capitalism’s imploding into fascism. And now it’s going global. The global economy America built is falling like dominoes. Bang, bang, bang. It’s not a coincidence that China and India are imploding into different kinds of authoritarian-fascism shortly after America did. It is a relationship. China and India were the linchpins of America’s model of global capitalism. They are the two countries that bought into it most heavily after America.And now, my friends, they are paying the price: they are collapsing right along with it.
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