Globalization Explained

This probably won't surprise you. If it does, follow the link.

Economic Empire building (EEB) is the driving force of the US economy and became more central over the past five years. More than ever before in US economic history, the principal US banks, oil companies, manufacturers, investment houses, pension and mutual funds all depend on exploiting overseas nations and peoples to secure high rates of profit. Increasingly the majority of banking and corporate profits accrue from overseas plunder.

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As EEB becomes central to the viability of the entire US economy, competition with Europe and Asia for lucrative investment rates and economic resources intensifies. Because of heightened competition, and the crucial importance of overseas profits, corporate corruption has become a decisive factor in determining which imperial center’s MNCs and banks will capture lucrative profit-generating enterprises, resources and financial positions.

The centrality of corruption in imperial expansion and in securing privileged positions in the world market exemplifies the increasing importance of politics, in particular relations with states in the imperial re-division of the world. Globalization, so-called, is a euphemism for the increasing importance of competing empires intent on redividing the world. Corrupting overseas rulers is central to securing privileged access to lucrative resources, markets and enterprises.

The point is, CEOs today aren't managing their companies. They should all be wearing eye patches and change the company flag to a black flag with a skull and cross-bones. They are pirates.

Do any of you doubt for a second, given a successful company to run with the billions of dollars they have, that you couldn't grow that company? You just find profitable companies with honest accounting practices and read their annual report. Then buy them up, fire a few hundred employees and make them more profitable. Where's the skill in that?

Granted, you will have to master the corruption and bribery parts, but that shouldn't be too difficult for a pirate.

Oh yeah, and the parrot. Forgot the parrot.

And don't forget the US government will help out wherever possible. For instance.

Worried about losing market share, American oil companies are pushing the Bush administration to remove Saddam from power. By removing Saddam from power, the new U.S. supported regime will give the most lucrative oil deals to American oil firms rather than European and Russian firms.

Need more? There's plenty.

But ultimately, Chevron, Exxon, BP and Shell came to the rescue, doubling imports from Iraq from 500,000 barrels in November to more than 1 million barrels per day to solve the problem. Essentially, U.S. importers diverted 500,000 barrels of Iraqi oil each day that were headed for Europe and Asia.

The trade, though bizarre given the possibility of an invasion of Iraq, is legal under terms of the United Nations’ oil for food program.

But for war opponents, it shows oil is the unspoken reason for military action in Iraq, which has the world's second largest proven reserves – some 112 billion barrels, and at least another 100 billion of unproven reserves – according to the U.S. Department of Energy.

While the State Department is mindful of cynical world opinion about U.S. war aims and the oil connection, officials do not always stick to the script, the Observer reports.

Grant Aldonas, undersecretary at the U.S. Department of Commerce, is quoted as saying war "would open up this spigot on Iraqi oil, which certainly would have a profound effect in terms of the performance of the world economy for those countries that are manufacturers and oil consumers."