Why should i give a damn for the world economy?

Is the problem I’m grappling with right now, having to write some 2000 words worth of assignment material on the stuff. Why should I? People talk about the death of capitalism but is capitalism really dead? Aren’t we all capitalists? even the communists are capitalists man. Capitalism is simply capitalizing on your power, market power, personality, position or any other power, we are all superheroes trying to use our powers to climb upwards the ladder.

Look at America, the self professed 'greatest nation of the world'. Many people just do not recognize the US for what it really is, an empire. Most talk about various aspects of the US; it's culture, people, habits, policies etc. Most even seem to be gullible enough to believe mainstream media and think that the US is just another nation among several other nations on a planet just trying to get by and help its fellow countries along, which is total bull.

Capitalism is good at one thing, creating an illusion. It is so good that you can't even figure out where it goes wrong. You talk about the widening gaps in income and the increasing percentage of people living on $2 a day (75-80% of the world's population) but how does it exactly transpire? How do policies of rich countries that seem, at face value, to be purely beneficial to these same rich countries alone while being totally harmless to anyone else, work in tandem with other such policies that create ripple effects that totally cripple whole sections of populations?

The victorious always write history. And contemporary history is no different. It is constantly being written as we speak, through CNN, BBC, Fox News, Bloomberg and a whole lot of other machines of the mainstream corporate controlled Big Media. They are so big that they have to be controlled by the powerful. FARC, the revolutionary Columbian rebels. some of the 'biggest terrorists of our times' were a bunch of farmers who lost their territory when the Columbian government together with the US built dams and various other infrastructure projects without giving a damn for them.

The US has always followed an economic pathway to world dominance. Don't look so shocked. Look at history; look at every single powerful nation that has ever risen. Haven't they always looked to test their skills against their counterparts and try to win their resources? History is littered with empires man. The world has always had some form of empire, but this empire you could say is different, because to most eyes and ears, it is underground.

After the world war, the prospect of a geographically expanded empire was deemed impossible due to the presence of nuclear weapons. Meaning that one too pissed off nation and boom half the world is reduced to radioactive trash. The prospect of an economic empire came about in the 1950s when the Shah of Iran was overthrown by Mohammed Mossadegh who then chased out all the British oil companies and nationalized the Iranian Oil industry. The US sent in Kermit Roosevelt (Theodore’s grandson) who paid off a lot of people, organized a coupé, overthrew Mossadegh, installed the Shah back into power, and brought the oil companies back. And that’s when they decided hey, this is not a bad idea. And they've been at it ever since.

Latin America has been a long standing victim. The basic format of empire building works like this. The US, through private corporations sends in economic teams who then convince the local governments to undertake massive infrastructure projects to 'develop' the country, This is of course just a way to get them to take vast amounts of debt from US banks which in turn are given over to US construction firms who build the dams, electrical grids etc. This infrastructure is often hugely extravagant and unnecessary but valid economic forecasts are provided to justify them and often, corrupt government officials are paid off to agree to the project. The countries subsequently find themselves unable to pay of these loans, get on the verge of defaulting and promptly become the US's puppet, which then gets free access to natural resources and UN votes and builds military bases on their soil, amongst other benefits.

If local governments try to resist, then the 'Jackals' go in and an assassination or a coupé is staged and someone more 'friendly' to US foreign policy is put into place.

The world isn’t a rosy place. It's far darker than we imagine. But its not a question of hating the US for what they are doing or getting paranoid about everything you read in the media. It is just enough if people try to understand and accept the truth. People are living in the illusion. The illusion cast by capitalism itself. And as long as the majority eats into the bullshit buffet that is broadcasted down and fed to all and sundry, the world has no chance of rising above itself.

Its stupid no? Capitalism in its essence, in its ideal, is a good concept. If everyone worked for himself collectively everyone will benefit. But it fails to foresee the potential for the failure of markets. It fails to realize that every action will have a thousand reactions in the greater economy and most of those reactions may not be good. It fails to realize that self interest without moral regulation can be an uncontrollable demon. And coupled with a messed up monetary system and open corruption and greed, we have a mallum of slow acting poison, a poison that will probably kill us all eventually, including the US