Wall Street hedge fund managers,day traders,currency swappers, and other financial speculators are the buccaneer and privateers of our day. This is according g to David Korten who wrote and incredible book called "Agenda For A New Economy" and he basically calls out Wall Street for the destructive institution that it is. The creation of phantom money,wealth, and value is a game the banking speculators use to keep wealth in certain hands and the economy geared toward their wishes and desires.The corporation basically for started through foreign and enters backed by money from both the crown and the church spreading g their influence and ability of wealth extraction from other lands. 
The fact that these companies have just gone global over the years after the end of colonialism proves little has changed for most countries and peoples in world after their so-called independence . The creation of perpetual debt is the only way their system can continue to function in a world with limited resources. Korten says these powerful forces work against the interests and desires that are human nature in their quest for continued growth and rape of the environment that we all share. Wall Street basically took over this country some time last century and has used its power to enriched segments of the American empire and used it to spread money and wealth to far way lands for cheap labor and low tax districts around the globe. Wall Street wants household incomes to continue to shrink and massive debt to accumulate so people rely on their institutions that prosper more when ordinary people get in a bind. This is the type of economy the financial elites want enforced on all economies and they know they never have to share in the troubles of people not connected to their game. The failures of our economic system is deliberately caused by the governments failure on not responding to its citizens wishes instead be directed by those on the top who push for the continuation of freedom to fraud the public. Korten proposes several great ideas many progressives have already called out to limit the power of the wealth extractors in America. David Korten has always been a grea voice in calling out the abuses of the rich and the banksters who have too much influence with our economy and foreign policy and a complete nationalization of banks is needed to curb their corrupt behaviors that privatized global banks are able to create throughout the world.
The fact that these companies have just gone global over the years after the end of colonialism proves little has changed for most countries and peoples in world after their so-called independence . The creation of perpetual debt is the only way their system can continue to function in a world with limited resources. Korten says these powerful forces work against the interests and desires that are human nature in their quest for continued growth and rape of the environment that we all share. Wall Street basically took over this country some time last century and has used its power to enriched segments of the American empire and used it to spread money and wealth to far way lands for cheap labor and low tax districts around the globe. Wall Street wants household incomes to continue to shrink and massive debt to accumulate so people rely on their institutions that prosper more when ordinary people get in a bind. This is the type of economy the financial elites want enforced on all economies and they know they never have to share in the troubles of people not connected to their game. The failures of our economic system is deliberately caused by the governments failure on not responding to its citizens wishes instead be directed by those on the top who push for the continuation of freedom to fraud the public. Korten proposes several great ideas many progressives have already called out to limit the power of the wealth extractors in America. David Korten has always been a grea voice in calling out the abuses of the rich and the banksters who have too much influence with our economy and foreign policy and a complete nationalization of banks is needed to curb their corrupt behaviors that privatized global banks are able to create throughout the world.
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