[Peace-discuss] Arundati Roy…

[Brussel, Morton K]

"…AG: You've written about the need for a different imagination than that of capitalism. Can you talk about that?


AR: We often confuse or loosely use the ideas of crony capitalism or neoliberalism to actually avoid using the word "capitalism", but once you've actually seen, let's say, what's happening in India and the United States – that this model of US economics packaged in a carton that says "democracy" is being forced on countries all over the world, militarily if necessary, has in the United States itself resulted in 400 of the richest people owning wealth equivalent [to that] of half of the population. Thousands are losing their jobs and homes, while corporations are being bailed out with billions of dollars.

In India, 100 of the richest people own assets worth 25% of the gross domestic product. There's something terribly wrong. No individual and no corporation should be allowed to amass that kind of unlimited wealth, including bestselling writers like myself, who are showered with royalties. Money need not be our only reward. Corporations that are turning over these huge profits can own everything: the media, the universities, the mines, the weapons industry, insurance hospitals, drug companies, non-governmental organizations. They can buy judges, journalists, politicians, publishing houses, television stations, bookshops and even activists. This kind of monopoly, this cross-ownership of businesses, has to stop.

The whole privatization of health and education, of natural resources and essential infrastructure – all of this is so twisted and so antithetical to anything that would place the interests of human beings or the environment at the center of what ought to be a government concern – should stop. The amassing of unfettered wealth of individuals and corporations should stop. The inheritance of rich people's wealth by their children should stop. The expropriators should have their wealth expropriated and redistributed.…

http://www.commondreams.org/view/2011/12/01-9

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