The Fall of Capitalism

During the last G-20 summit, protestors were flooding most of the European and North American cities; with slogans against Neo-Capitalism, which is entirely based on Market Dynamics, and Maturity. The later was called by G.W. Bush as safety valve against natural greed and spiral of the money making games. The world was obviously and entirely caught within the evil triangle of money, power and sex. Money became a product, which would be traded for power and sex; or anything else. Money Making became the text book and address of success for any young woman or man.

When most of the intellectuals got inspired by the dramatic events in 1970th, which allowed for hysterical oppositions to question the conventional way the world is managed, it was the countdown for all radical concepts to trench. Also; the over-reacted protective and conservative policies of totalitarian and socialist regimes had exposed many weaknesses in the forums of applications. This escalated the cost of policing, arming and spying on the citizens; it was overwhelmed governments seeking survival. The peak of this drama took place towards the departure of 1980th, fall of Berlin wall, USSR and Apartheid had symbolized the powers of youth, media and commons uprising. Rationale and wisdoms were ruled out as tools. Stones replaced pencils, Exodus replaces challenge and secret prisons or detention centers name buses destinations and stops.

By 1990th; people worldwide had surrendered to market dynamics to role, under the musical cliché of Neo Capitalism. Every citizen will live the American Dream in his very locality. What matters is how much money in your bank account; then people knew banking, forgetting the tine box under the bed. All moral referrals were scrutinized, from stem cells experiments to rights of the gays. No wonder that funny musical trends came out, with blue clouds or hallucinations from non organic drugs and narcotics. There was sort of strange, yet disciplined anarchy taking over everywhere. It was disciplined as all money making engines had collaborated and cooperated to set guidelines and roadmaps for how to concur the magnificent big markets around the globe. Some bright minds had launched the talk on poverty reduction issues, as sole key and security element for any prosperity or wealth growth. No wonder that UN had changed the concept and criteria of Human Development Index to be truly for the people.

Early 2000th; was the time to celebrate opening up China, India, Pakistan, Indonesia, Brazil and Nigeria for massive foreign investments. Everything is now valued in Dollars, or Return on Investment or ROI; recommending how governmental agencies should change their functions, how Private Public Partnership or PPP structure should rule developments, and how entrepreneurship is the best criteria for selection. Cleverly, the concept of CSR, or Corporate Social Responsibility was initiated, formalized and issued. It was meant for playing dual rules in all communities. On a political front, it was a press release that the poor are not forgotten, and a pay back from the wealthy, within framework of participation in the money making game. On the economic front it was a tip of a new yet simple vision of how economy works; pay them; enabling them to spend more..!! Good bye for saving economics.

By 2006, Foreign Investment was on the move in sub-Saharan Africa and Central and South East Asia. Investors were ahead from the local government and could establish the case to request more incentives to log in, with great ammunition of presentation, spreadsheets and images of happy persons that tempted the public servant to think twice. Once agreed; national or personal greed happens, doors are opened and opposition members are ashamed and jailed. Flood of Globalization is complicated, confusing, inevitable, and uncontrolled.

In 2009, the value of insurance products and policies was estimated at 60 Trillion Dollars, many times the global GDP, or Gross Domestic Product..!!!