EN -- LARRY ROMANOFF -- A Further Look at Privatisation -- October 10, 2020

 

 

A Further Look at Privatisation

By LARRY ROMANOFF – October 10, 2020

 

 Privatisation is generally considered to mean the selling off to privately-owned companies the basic publicly-owned physical and social infrastructure of a country, including things like airports, railways, electricity generation, ports and so on, and also including the takeover of health care and educational systems by private for-profit firms. But in the dictionary of the Americans and their European banker friends, privatisation has an expanded meaning, the above forming only one segment of an overall plan. Let's look at the pieces.

 

 Privatisation began with, and was almost always executed hand in hand with, the colonial military, beginning with that of the British Empire and latterly that of the US. It consisted of raw aggression against weaker nations to enable a few European bankers and their multinational companies to take ownership of those nations' coveted wealth and resources. I have written elsewhere that early in the 19th century the US United Fruit Company owned most of Guatemala including 70% of all the arable land, the communications facilities, the only railroad and shipping port, and controlled most of the nation's exports through ownership of most major corporations. Yet US President Coolidge orchestrated the overthrow of Guatemala's government when it refused to grant yet more concessions. This pattern was followed throughout Central and South America, where nation after nation saw its government replaced by a brutal US-financed dictator, its infrastructure stolen, its resources looted and plundered, while the population was repeatedly terrorised and maintained in abject poverty. In Zaire, the European bankers and industrialists so coveted the gold and diamonds that they used the CIA to assassinate yet another leader and install yet another dictator amenable to Western bribery. The Boer wars fought in South Africa were arranged by the Rothschilds and other industrialists, using the British military to exterminate a population resistant to colonisation, then claim the gold fields and diamond mines for their own. The entire sorry episode of opium in China involved the Jewish Rothschilds, Sassoons and Russells, backed by the power of the British military for execution, as was much else involving India. For at least the past 200 years, military imperialism produced enormous profits and economic growth for the US and untold trillions in wealth for a handful of European bankers while keeping countless nations buried in poverty. This was 'privatisation' on the largest scale the world has seen, involving the wholesale theft by military force of the wealth and resources of weaker nations. Two of the more recent travesties following this same pattern are the destruction of Iraq and Libya, and for the same reasons - the 'privatisation' of those nations' resources, involving the destruction of the country and millions of casualties, and the "pacification" of the population by terrorism.