Tag: 1%

This post was originally published on May 28th, 2012

A green solution to the economic crisis insists that people and the environment can be saved together. We must dare to envision prosperity in conjunction with sustainability, social justice, nonviolence, and participatory democracy.

A rational analysis would make it clear that the Greek people did not “create” the economic crisis. Yet the poor and middle classes are being asked to “pay” for it. There is massive corruption in the public sector in Greece. But this should not blind us to the fact that the Greek people do not bear the major responsibility for creating the crisis. Those responsible include:

• the international money interests (the 1%) who at this very moment are charging 26% interest on the Greek national debt and  “hedging” their “bets” (betting for and against a complete collapse of the Greek economy) and hoping to “win” (make money on their bets) in either case;
• the international military industrial complex (which US President Eisenhower warned might one day control the world) that is selling more arms to Greece per capita than to any other country in Europe;
• the industrial interests in the larger countries in Europe which viewed the eurozone as an open market to sell their products (thus raising the GDP in industrialized countries like Germany);
• European leaders who promote the interests of their own players in the international financial, military, and industrial marketplace above the good of the whole;
• the Greek governmental elite (the 10%?) who have pocketed bribes and stolen money from public coffers;
• and finally the Greek people (the 99% or the 90%) who have participated in or benefited in small ways from a corrupt system. Continue reading “Legacy of Carol P. Christ: Green Solutions To The Greek Economic Crisis: We Are The 99%!”

A green solution to the economic crisis insists that people and the environment can be saved together. We must dare to envision prosperity in conjunction with sustainability, social justice, nonviolence, and participatory democracy.

A rational analysis would make it clear that the Greek people did not “create” the economic crisis. Yet the poor and middle classes are being asked to “pay” for it. There is massive corruption in the public sector in Greece. But this should not blind us to the fact that the Greek people do not bear the major responsibility for creating the crisis. Those responsible include:

• the international money interests (the 1%) who at this very moment are charging 26% interest on the Greek national debt and  “hedging” their “bets” (betting for and against a complete collapse of the Greek economy) and hoping to “win” (make money on their bets) in either case;
• the international military industrial complex (which US President Eisenhower warned might one day control the world) that is selling more arms to Greece per capita than to any other country in Europe;
• the industrial interests in the larger countries in Europe which viewed the eurozone as an open market to sell their products (thus raising the GDP in industrialized countries like Germany);
• European leaders who promote the interests of their own players in the international financial, military, and industrial marketplace above the good of the whole;
• the Greek governmental elite (the 10%?) who have pocketed bribes and stolen money from public coffers;
• and finally the Greek people (the 99% or the 90%) who have participated in or benefited in small ways from a corrupt system. Continue reading “GREEN SOLUTIONS TO THE GREEK ECONOMIC CRISIS: WE ARE THE 99%! by Carol P. Christ”