Articles by Johan Galtung, 16 Jan 2012
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Davos: The 1% World
Johan Galtung, 16 Jan 2012 - TRANSCEND Media Service, 16 Jan 2012
How are the 1%’ers going to handle the country that has attacked more other countries and peoples than any other, and mainly in defense of a special type of hyper-connection: hyper-capitalism? It still has a monopoly on the world reserve currency exercised by a club of private banks, among them the worst culprits in the finance economy coup, the Federal Reserve. How are they going to handle the US hold on the rating agencies? And the growing inequality, from comfortable seats at the top? Answer: the same way as feudal aristocracy in France in the 18th century; by not handling it.→ read full article