Capitalism
Will Collapse Because Elites ‘Allow Poor to Rot,’
By Chris
Hedges and Tariq Ali
June 21, 2016 "Information
Clearing House"
- "RT"
- The banks behind politicians in the western world
“have allowed the poor to rot,” and now the elites
in those countries, especially the US, are facing a
revolt, journalist and author Tariq Ali told RT
America’s Chris Hedges in an exclusive interview.
“The elites who have run the United States and
western Europe have proven incapable of offering
even the smallest palliatives to their populations.
They have allowed the poor to rot ‒ regardless of
skin color ‒ and grow,” Ali said. “And so what we
have is a protest against this center elite, which I
call the extreme center because whether it’s social
democratic or conservative, they unite to crush.”
Presumptive
Republican nominee Donald Trump has become a perfect
example of this protest against the extreme center,
he tells Hedges.
“They’ve found in Trump someone who airs their most
crazed fantasies at the same time who attacks the
banks, at the same time attacks these new treaties
which are being carried through and promises some
palliatives to the poorest section of the white
working class,” Ali said.
The right
and the far right are growing around the world,
while the left has been weak. That is part of the
reason that Democratic presidential candidate Bernie
Sanders wasn’t able to succeed, even though he also
offers an independent voice to the working class.
“I don’t think that there’s anything on the radical
left at the moment ‒ of course, these things are
volatile, things can happen,”
he said.
Ali cited
an appeal that actress Rosario Dawson made to
Sanders supporters as to why Trump is so popular at
a widely attended rally in New York City at the end
of March.
Both Hedges
and him think that capitalism is heading towards a
collapse and the banks and political elites are
doing everything they can to stop it. An example of
what they are willing to do to keep the status quo
is what happened in the European Union when Greece
was on the brink of default.
“Greece is kind of the perfect case study of the
myopic thinking on the part of international elites,
where they are squeezing everything they can out of
this country, knowing full well that it’s ultimately
not sustainable,” Hedges
said in his first episode of ‘On Contact’ on RT
America. “A lot of people
in Greece are suffering, and a lot more are going to
suffer.”
“They will, yeah,” Ali
responded, adding that poor people in Greece were
already suffering.
“The figures coming out of Greece were horrific:
malnutrition in Greece, people dying for lack of
food, people using barter to survive, pensions going
down and down and down ‒ in a poor country,”
Ali said. “At the same time
as the ship owners, a plutocracy which has owned
that country, carries on ‒ there’s
no problems, as far as they’re concerned at all.
They don’t pay taxes, they register their ship
somewhere else, and even when they don’t, they don’t
think it’s their duty.”
Hedges
asked if Greece was destroyed to make an example of
it, comparable to what then Secretary of State Henry
Kissinger did to Chile and Salvador Allende during
the Cold War: “The banking system has to destroy
Greece ... to send a message to countries like
Portugal, Spain, Ireland, whose economy is a mess,
which is don’t try this,” the RT
America host said.
Ali agreed
with the analogy.
“This was a message to other countries where there
is no armed struggle, no guerrilla warfare: ‘Don’t
try coming to power like this and nationalizing
industries and rapping us on the knuckles [because]
this is how we’ll deal with you’,”
he said. “That is what was done to Greece by the
European Union and, you know, one has to be
honest here… it’s had its effect. It’s pushed people
back. The Spanish radical group Podemos stepped
backwards. And so it’s had
its effect.”
The
journalist and author warned that the collapse is
coming because the elite refuses to plan for the
future.
“They do know that collapse is coming, and they’re
trying to make sure that it doesn’t affect them. So
the German banks are not prepared to allow the
politicians to take any risks by bailing out Greece
or bailing out other countries in trouble,”
Ali said.
“It was one thing bailing themselves out, the banks
and the hedge fund system via the banks, but
anything else, they say, is unacceptable because it
will bring the collapse closer and our interest is
to defend the banking system. It’s short-sighted,
and they live for today as we know; capitalism and
capitalists, by and large, don’t think of the
long-term.”
It is unacceptable to slander, smear or engage in personal attacks on authors of articles posted on ICH.
Those engaging in that behavior will be banned from the comment section.
In accordance
with Title 17 U.S.C. Section 107, this material
is distributed without profit to those who have
expressed a prior interest in receiving the
included information for research and educational
purposes. Information Clearing House has no
affiliation whatsoever with the originator of
this article nor is Information ClearingHouse
endorsed or sponsored by the originator.)