The New Face of Capitalism

I have read this article: "Noam Chomsky Globalization: The New Face of Capitalism". Honestly speaking, I’m so surprised to know the fact that the rich and the powerful control and exploit the general public as shown in this article because the fact has never been reported by Japanese major media. The most surprising thing for me is that the speculative money flow is now estimated at about a trillion-and-a-half dollar a day and is over twice the total foreign exchange reserves of all states together!

I think this scheme (the rich and the powerful control and exploit the general public) has been applied for a long time. Before the World War II, imperialistic countries such as the US, the UK, France, Germany and Japan colonized foreign countries and exploited them using military force. At present day, similarly, advanced nations, the rich or the powerful exploit the poor and the weak globally in the name of capitalism.

In fact, a lot of people were killed as a result of capitalism coming, I think. For example, Junichiro Koizumi, who served as Prime Minister of Japan from 2001 to 2006, had promoted neo-liberalistic policy such as deregulation of Worker Dispatching Act. As a result, the number of precariat workers increased remarkably, and a lot of large companies have become rich. It is said that the number of suicides in Japan increased by 5.4 percent from 2001 to 2006 due to that.

According to Japan Times, the gap between rich and poor has widened over the past 20 years in nearly 30 OECD countries. Some people say that this gap encourages the poor to become terrorists. I think that is one of factors of terrorism.

So what should we Japanese do in order to narrow the widening income gap? First of all, we should know the fact that the rich and the powerful control and exploit the general public as shown in this article. Almost all Japanese get information only from TV or newspapers, which will not report disadvantageous fact for them. Thus we should use the Internet more and more and discuss freely. As for me, I’ll try to introduce the fact and discuss it with you on this blog!!