How Global Capitalism Always Finds Fresh Green Pastures to Exploit and Demolish | | AlterNet
►http://www.alternet.org/story/152808/how_global_capitalism_always_finds_fresh_green_pastures_to_exploit_and_dem
The current crisis derives from the exhaustion of an artificially created “virgin land”; one built out of the millions stuck in the “culture of saving books” instead of “culture of credit cards”; in other words, out of the millions of people too shy to spend the yet-unearned money, living on credit, taking loans and paying interest. Exploitation of that particular “virgin land” is now by and large over and it has been left now to the politicians to clean up the debris left by the bankers’ feast; that task has been removed from the realm of bankers’ responsibility into the dustbin of “political problems” and recast belatedly from an economic issue into the question of (to quote the German chancellor, Angela Merkel) “political will”.
