The World Bank is now the biggest culprit in the debt crisis.
Much of what is called investment is actually nothing more than mergers and acquisitions, and of course mergers and acquisitions are generally accompanied by downsizing.
What is not fair now is that corporations pay less and less tax, which means that you and I pay more because we’re rooted somewhere, they’ve got our address, right?
If you cut down a forest, it doesn’t matter how many sawmills you have if there are no more trees.
There’s people coming in who’ve never done any politics at all, who’ve never been in a trade union, they’ve never been in a political party, they’ve never done anything, but they do feel a kind of urgency.
Now we are flying off into outer space, there is no clear curb on what can be done in the name of the economy.
The question is not only what is grown but what it’s used for. There’s not going to be a mass transformation of dietary habits in rich countries-on the contrary, the first thing people do when they become more prosperous is to buy more meat.
Subsidize… or lend.
Redistribution of wealth would require enormous amounts of investment. The only time an elite has accepted this has been during crises, such as in America in the 1930s under Roosevelt.