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Consolidation of finance is the consolidation of power. These two have always walked hand in hand with very few exceptions ( ie, Gahndi ). Currently, the conso

Consolidation of finance is the consolidation of power. These two have always walked hand in hand with very few exceptions ( ie, Gahndi ). Currently, the consolidation is occurring in financial vehicles and global corporations. ( a new kind of colonialism )

potatoman22 5y ago
How is that a kind of colonialism? In addition, what's your definition of colonialism?
- spoonjim 5y ago
  Colonialism = guys with guns come from somewhere else, land in your backyard, and give you orders. The only difference now is that the guys have money instead.
  - AnimalMuppet 5y ago
    That's... kind of always true though? If you want peoples' money, you have to give them what they want.
    - Applejinx 5y ago
      Past a certain point what you want has nothing to do with it
- kokanator 5y ago
  >How is that a kind of colonialism? In addition, what's your definition of colonialism? It is a bit of a questionable correlation I would agree. Global corporations enter countries and begin to hold sway and control over the local governments. Though there is no settlements there is a strong financial force entering the countries. I know this isn't new but technology has compounded the effect. Think the Arab Spring ( a lot would agree this was a good thing, its just an example ). This effort was mobilized/made possible by technology firms that entered those countries allowing them to place large pressures on the systems and change them. Good or bad is not the argument the question is if the external corporations were able to sway the direction of the countries. In addition, I once heard a very famous investor from Omaha state they are able to sway the economic futures of countries. ( Hopefully they are benevolent in this )
- wheelinsupial 5y ago
  It might be referring to neocolonialism[1], which is accomplished through economic might instead of military might. [1]https://en.m.wikipedia.org/wiki/Neocolonialism https://en.m.wikipedia.org/wiki/Neocolonialism

potatoman22 5y ago

How is that a kind of colonialism? In addition, what's your definition of colonialism?

spoonjim 5y ago
Colonialism = guys with guns come from somewhere else, land in your backyard, and give you orders. The only difference now is that the guys have money instead.
- AnimalMuppet 5y ago
  That's... kind of always true though? If you want peoples' money, you have to give them what they want.
  - Applejinx 5y ago
    Past a certain point what you want has nothing to do with it
kokanator 5y ago
>How is that a kind of colonialism? In addition, what's your definition of colonialism? It is a bit of a questionable correlation I would agree. Global corporations enter countries and begin to hold sway and control over the local governments. Though there is no settlements there is a strong financial force entering the countries. I know this isn't new but technology has compounded the effect. Think the Arab Spring ( a lot would agree this was a good thing, its just an example ). This effort was mobilized/made possible by technology firms that entered those countries allowing them to place large pressures on the systems and change them. Good or bad is not the argument the question is if the external corporations were able to sway the direction of the countries. In addition, I once heard a very famous investor from Omaha state they are able to sway the economic futures of countries. ( Hopefully they are benevolent in this )
wheelinsupial 5y ago
It might be referring to neocolonialism[1], which is accomplished through economic might instead of military might. [1]https://en.m.wikipedia.org/wiki/Neocolonialism https://en.m.wikipedia.org/wiki/Neocolonialism