Ultimately, as wealth was generated and distributed around the world, we were all boats lifted on the same tide in spite of the perpetuation of poverty and class. [...] The two World Wars of the 20th Century shook the old imperial order to the core, an order which collapsed under the new global titan, the United States – an ambitious republic that sought to remake the world in its image. [...] This off- shoring of American and Western industry generally did much to also shift the locus of bourgeois development to these countries while laying waste to the middle and working classes among the advanced economies of North America, Europe and Oceania. [...] Deforestation in parts of Latin America, Southeast Asia, and Africa effectively the lungs of the world, seems to be ongoing despite its very real and existential threats to the global ecology and human existence. [...] However, their ability to access the resources and power they once had in a globalised world will be circumscribed by the fact that with an ageing and declining population, human capital, the only capital that really counts, will be in short supply.
- Pages
- 5
- Published in
- Australia
