2nd Challenge:

Global corporatism or ‘neo-liberalism’

Corporate and banking interests, have corrupted true capitalism and dovetailed with the West’s liberal political class to create gross inequalities consistent with a re-born privileged feudal aristocracy intent on condemning the rest of us to be worker-consumer serfs on their centralised state and corporate estates.

Feudal Corporatism (neo-liberalism)

Corporate monopolies at the expense of smaller, local businesses.
Gross trade imbalances.
The offshore relocation of western industries and jobs on the false claim that stockholder interests must come first.
The privatisation of strategic public assets.
Volatile stock and other financial asset markets and floating exchange rates that benefit banks and speculators, expose western economies to unnecessary risk and concentrate wealth within a small financial elite.
Allowing the export of profits from a country through tax loopholes and free capital flows.
The exploitation of global ‘free’ labour markets, robbing the West of more highly paid manufacturing jobs.

The pursuit of stockholder interests with limited referral to ethics, values, culture or social harm.
Close interconnections between corporate and political elites.
False claims about the trickle-down effect of corporatised ‘open’ commodity and financial markets.
The elimination of tariff protections(free trade) for the benefit of corporate money and commodity market trading – at the expense of small local businesses.
Fiscal policies that involve central bank debt creation and the promotion of private debt on the false premise it will promote economic growth (Keynesian economics).

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