Economic Dictatorship

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"In the crisis, there was a paradigm based on the belief in unlimited economic growth on a planet with unlimited resxources. This paradigm identifies happiness with wealth, well-being with accumulation of material goods and prosperity with consumerism. All dimensions of life - our life and the life of the planet - live through an accelerated process of commercialization. Cap[italism is the empire of infinite longing that runs into contradiction on a finite planet with limited natural resources and a restrictged population capacity.

The logic of accumulation is more authoritarian than all dictatorial systems in history because it ignores cultural complexity and biological diversity and makes the grave mistake of dividing humanity into those open to progress and those without access.

The question is whether humanity as civilization will survive the collapse of a system that grants civil rights to owners and conflates civilization with the consumption-oriented Anglo-Saxon paradigm.

The countries of the G8 do not propose rescuing human life and the life of the planet. No, they want an international market for carbon or dirty energy so industrial countries can buy pollution quotas from poor or developing countries that haven't exhausted their quotas."

Frei Betto is a liberation theologian and author of books and articles on spirituality and social justice.

to read Frei Betto's article "Economic Dictatorship" published in February 2012, click on

demandside's picture
Jul. 31, 2007 4:01 pm

Whose Fault Is It? Obamacare Rates Are Going Up...

Obamacare is in trouble.

With just two weeks to go before Election Day, the White House announced Monday that premiums on the healthcare law's state-level exchanges will increase by an average of 22 percent next year.

Premiums on the federal exchanges will jump an average of 25 percent.


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