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What is Imperialism?


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What is Imperialism?

Tariq Ali speaking at Univerisy of London Union at the What is imperialism? public meeting, hosted by Logic, Lowkey and Jody McIntyre. 7 Jan 2011.
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Inspiring with one reservation

By Keller, Keith at Jan 19, 2011 22:41 PM

Wow! What an inspiring video from Tariq Ali! An extremely succinct and cogent analysis of the situation. My one area of disagreement in his assertion that the financial collapse of 2008 caught the elites by surprise. Some of them, perhaps, however the results were a little too predictable to be missed. An alternative explanation is that the collapse was an opening assault by the financial elites against resistance to total global financial control. With their control of the political system, particularly the Treasury and Federal Reserve, the financial elites were reasonably assured of a bailout. This massive transfer of wealth further enriched and empowered them while impoverishing and disempowering the rest of us. This, along with the contrived sovereign debt crisis, is serving to transform the Western World into de facto debt servitude, much like the Third World. This is part of a planned transition from an American Empire to a transnational corporate/financial empire. This will likely fail, resulting in a global systemic collapse.

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