GLEN FORD—The U.S. 5G eclipse by China is permanent, rooted in the systemic mayhem of the imperial economic (dis)order. Although the U.S. virtually invented the Internet as a byproduct of military technology, the early U.S. global hi-tech lead was squandered in the chaotic and criminally wasteful corporate capitalist game of all-or-nothing. As recounted by the South China Morning Post (“How US went from telecoms leader to 5G also-ran without challenger to China’s Huawei”) the U.S. refused to set national standards for mobile carriers, allowing tech companies to choose between wireless networks like TDMA, CDMA and GSM.
- AMERICAN PROPAGANDAAMERICAN STUDIESCAPITALIST SICKNESSCAPITALIST SYSTEMIC POVERTY
- CAPITALIST SICKNESSCAPITALIST SYSTEMIC POVERTYCAPITALIST TENTACLES & FRONTSENVIRONMENTAL STRUGGLESSAVING THE PLANET
Arundhati Roy: Capitalism Is “a Form of Religion” Stopping Solutions to Climate Change & Inequality. (Video & Text)
s one million species face extinction due to human activity and the globe faces a growing climate crisis, we speak with world-renowned author Arundhati Roy about the threat capitalism poses to the future of life on earth. Roy says that those most responsible for creating the climate crisis “will see to it that they profit from the solution that they propose.”
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Medical Insurance Companies Can Decide Who Lives and Dies – RAI with Wendell Potter (4/7) (Video & Text)
WENDELL POTTER—They do. And they still do. The Affordable Care Act did nothing to change that. In fact, I think it’s gotten even worse, because it did–the Affordable Care Act did do some good things. But I knew as soon as it was passed that the insurance companies would do other things to make sure that they met Wall Street’s profit expectations. That is the most important thing to these companies. And I can assure you that it’s the case. I, for 10 years, was responsible for handling financial communications to the media. And I know that what is most important is meeting Wall Street’s financial expectations every three months when you announce your earnings. And if you miss it by a penny, earnings per share, then you’ll see the value of your stock more than likely take a hit.PAUL JAY: And a lot of these executives own a lot of stock.
- ABOMINATIONSAMERICAN EXCEPTIONALISMCAPITALIST SICKNESSCHINAIMPERIALISM
PEPE ESCOBAR—BRI represents a massive geopolitical and financial investment by China, as well as its partners; over 130 states and territories have signed on. Beijing is using its immense pool of capital to make its own transition towards a consumer-based economy while advancing the necessary pan-Eurasian infrastructure development – with all those ports, high-speed rail, fiber optics, electrical grids expanding to most Global South latitudes.The end result, up to 2049 – BRI’s time span – will be the advent of an integrated market of no less than 4.5 billion people, by that time with access to a Chinese supply chain of high-tech exports as well as more prosaic consumer goods.