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View Diary: Thanatos: this is the end (160 comments)

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  •  As was the US since it's very inception. (14+ / 0-)

    This includes the genocide of native Americans as well as slavery.

    The American corporations, backed and protected by the US military, brought home the wealth of foreign nations from all parts of the globe just as the Romans did. This massive inflow of the world's wealth created the conditions for the rise of the world's largest and wealthiest middle class that has ever existed.

    Even today, the average American lives far above the average human being in second and third world countries. To get into the world's 1% you need to make $34K/yr. Half of the world's 1% currently live in the US. To make it into the US's 1% you need to make more than $500K.

    The problem America is now facing is that the huge multinationals no longer fly any flag. They are so rich and powerful they have practically become sovereign nations in and of themselves. The global financial elite now have more in common with each other than they do with the people in their countries of origin.

    They are also highly mobile and have homes/offices located in various countries around the world. Having this mobility and wealth, in conjunction with a highly militarized power at their disposal, makes them relatively immune to the effects of global warming - at least in the short and medium term.

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