Economics

GMO Agribusiness and the Destructive Nature of Global Capitalism

GMO Agribusiness and the Destructive Nature of Global Capitalism

Capitalism is based on managing its inherent crises. It is also based on the need to maximise profit, beat down competitors, cut overheads and depress wages. In the 1960s and 70s, in the face of increasing competition from abroad, the US began to outsource manufacturing production to bring down costs by using cheap foreign labour. Other countries followed suit. Even more jobs were lost through the impulse to automate. To provide a further edge, trade unions and welfare were attacked in order to suppress wages at home. Problem solved. Or was it?

Read more

Bill Gates Dodges Questions on Why He Owns 500,000 Shares of Monsanto

Bill Gates Dodges Questions on Why He Owns 500,000 Shares of Monsanto

Bill Gates is primarily known as the multi-billionaire who Microsoft, the company behind the most popular computer operating system known as Windows. With this massive wealth, he has retired from leading Microsoft and now instead focuses his money and time on furthering genetically modified technology, geoengineering, experimental vaccinations, and preaching about how Monsanto is the answer to world hunger.

Read more