Economic Dictatorship

1 post / 0 new

"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

Latest Headlines

Is the Gun Lobby's Power Overstated?

Without doubt, the gun rights lobby is a formidable force

Turkey warns Russia over airspace violation

A Russian aircraft entered Turkish airspace near the Syrian border on Saturday, prompting Turkey to scramble two F-16 jets to intercept it

The Billionaire Hypocrisy of Helping the Poor

There's one thing that both progressives and conservatives can agree on, and they can quote both FDR and Ronald Reagan on it.

And that is that, "The best welfare program is a job."

FDR extended the idea to say that when there are no jobs, the government should act as an employer of last resort.

Powered by Drupal, an open source content management system