Friday, November 4, 2011

http://indianliberationnews.com/current_news_25oct.html

Global Economic Failure an offshoot of Capitalism

A study has began about globe's economical deterioration. A research has been undertaken recently at the University of Zurich, which concluded that world's economy is in the hands of few business houses and companies. 

As per the studies undertaken only 147 companies have control over 407 world's economies and these core companies being highly unstable, the global aggregate economy is south bound. The first 20 companies largely comprise of banks i.e., the financial institutions. Barclays and Goldman Sachs are some of the leading financial institution, but their networks among them are on the verge of plummeting. Our planet's 43,060 international business houses and their wealth was evaluvated during the course of study at the University. As per the study, among the central and core multinationals, presently 1318 are having cross capital investments whereby they have an investment in each other's business entities. This capital investments play an important role for the borrowing as well as the investing company. Infact the capital is held in form of shares.
This research has revealed that world's global economy is in serious danger due to this excessive capital dominance. The globe's wealth and money remains concentrated and accumulated in the hands of few as per the study.

India grossly suffers from this very capitalism, it appears as if the a huge reptile is swallowing her wealth, the wealth of her true, aboriginal and indegenious children. The capitalists have gained ownership and control on all the national wealth and resources which is primarily belongs to the common people of the country. Ambani generates the electricity with the country's natural resources and sell this power to the countrymen. This situation our nation is going through has substantially exposed that capitalism's aims at concentration of power and wealth in the hands of few and exploitaton of indegenious masses with its ongoing onslaught.
The capitalists have pocketed the political leaders. Policies are framed in favour of capitalists. Capitalism in India is taking its toll on the indegenious populace with increase in starvation and malnutrition. All pervasive capitalism has enslaved the people of the country and have coronated the capitalists as their rulers.

The need is to bring in equality and get rid of the disparity and uneven distribution of wealth and power , that lies in the hands of few, the ruling class, the predominant Brahmins – Baniyas and this is only and only achievable and attainable through pulling down the capitalist and their capitalism and replacing it with comprehensive rational economy which will be for the common man and indegenious majority of the nation at large.

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