When 26 ultra rich hold as much money as 3.8 billion poorest in the world,
When the few enjoy too much at the expense of the many struggling for basics,
That is exploitation.
Billionaires don't do everything from procuring raw material to finishing the product to managing
operations single handedly. Even a single statement they make is checked by entire marketing & PR teams.
Unlike salaried class they can pick up massive loans on assets as collateral. They get subsidies on power, resources which small businesses don't.
Every massive corporation
is built on the collapse of thousands of small-scale ventures.
They foster corruption in governments in developed as well as third world countries, to make them sell out resources of the people.
Nothing wrong with the rich enjoying excess, but it is when it comes at the cost
of exploiting the many.
The services they sell are privileges that the exploited can't even imagine.
Even their charity gets them tax cuts. They are able to take stock options instead of salaries to exploit tax law loopholes.
The myth of squeaky clean western capitalism is
built on centuries of slavery & rampant exploitation that has been ignored.
The only people worse are the middle class that defend & glorify billionaires, & aspire to become like them as they already justify exploitation in their minds.
Even Modi's autocratic tactics aren't original, he simply takes notes from Erdogan.
For starters, making Twitter & other platforms appoint local officers was implemented in India right after Turkey to control social media.
Another example is how pro-Erdogan corporates in Turkey
took over most media organisations since he first came to power. Ambani & now Adani, among others are doing the same for Modi now.
Courts in Turkey also became bystanders especially after the coup attempt, used as an excuse to silence any criticism if Erdogan, Indian judiciary
may just be worse than Turkey's in that regard.
The BJP won't recognise blunders like demonetisation or haywire GST implementation, which damaged the economy, just as Erdogan won't identify interest rate cuts hitting the Lira, which he based on religion.
Yes governments are supposed to end poverty, so people should hold them accountable.
Well, sounds right, but which people?
The ones stuck in a consumerist loop getting overworked just to pay bills, taxes & for universal rights like education & healthcare?
Those who are either
spending hours rushing to work, or trapped in endless work hours under the illusion of flexible work hours as they work from home?
Those who are burning out & aren't able to fill that void in the absence of a personal life & fulfillment by buying things they don't need only to
end up working extra hours to pay for all that, & ending up even more dissatisfied?
Those who are rationing everything from hanging out with friends, family time & recreation, hence failing to find fulfilment in them because they are stuck in a race where they work for a better
Just because NATO didn't start a new conflict for a while, the world seems to have forgotten their depravity & how low neoliberalism can fall.
They're diverting funds of starving Afghan people, not Taliban, to 9/11 victims after throwing them to religious extremists.
The global
community will stay silent on Taliban's atrocities & apathy towards suffering people, but will never recognise their government, be it China, Russia or US.
Because a legitimate regime will be accountable for mining contracts & other resources, that means government books will
have to show a fair value for lithium which everyone wants since EVs, phones, data centres, solar power all need tiny & massive batteries.
But the thing about greed is that it unites big players in a sphere that implodes when each wants a bigger piece. Hence the probability of