Under Dictatorship of Global Oligarchs, Fraud Is Everywhere


Montreal, Earth Day march, April 21, 2024

Throughout central and south America, the global rich have unleashed a fraud to manipulate the concern of the people over climate change and create yet another debt trap. The ensuing debt to the global finance imperialists is designed to ensnarl the people into further decades of handing over their social wealth to a global few and leave the besieged people with the dehumanizing social and natural problems that have plagued the vast region since the beginning of the colonial invasions centuries earlier.

A recent report called Debt From Above: The Carbon Credit Coup explains in detail the interlocking relations of familiar oligarchs from the financial, tech, space and military/intelligence sectors centred in the U.S. and Europe. They are using fraud, corruption and bribery to ensnare the people in schemes while their public relations and mass media companies make it appear as if the public/private partnership is "doing something" to reduce carbon emissions, alleviate climate change and save nature from destruction.

The evidence from the article points to the absence of economic and political power of the people and the necessity for fundamental political change to empower and bring the people to power and in so doing gain control over the socialized economy. In that way, the working people who are the human factor in the forefront of transforming nature's bounty into social product can gain control over the productive forces including the land and their own capacity to work and bring into being a modern aim for the socialized economy to serve the people and society and humanize the social and natural environment.

The investigative article by Whitney Webb and Mark Goodwin begins with the following two paragraphs and continues in a most detailed manner the exposure of the various nefarious schemes of the imperialists.

"Debt From Above: The Carbon Credit Coup"

"Sweeping across the shores of Latin America comes a scheme from some of the most predatory figures in the venture capital ecosystem of the United States. It is a brazen attempt to assert foreign influence across Latin America and threatens to reshape the very fabric of the region and the day to day lives of its people. At its core is a serpentine set of contractual obligations, held at the municipal level, cast throughout Central and South America, upheld by an intelligence-linked satellite company, and controlled by a private sector consortium of green-washed financiers aiming to turn the region's forests into equity and carbon credits. At the same time, it obliges local governments to spend 'conservation' funds on projects that further financialize nature and aid the construction of an inter-continental 'smart' grid. One of its key ambitions appears to be further entrenching the debt load of the region through the multilateral development banks and the dollarization of the continent from the subnational level up through carbon markets upheld by a digital ledger. What seems like a technological marvel aimed at progress and connectivity harbors a darker agenda -- one that intertwines planetary surveillance, financial predation, geopolitical manoeuvring, and the domination of a resource-rich continent buried in debt.

"This grand design, known by the acronym GREEN+ and conceived by stalwarts of the digital dollar and debt schemes of the private sector, has quietly taken root through a web of political entanglements at the local level. Even a key figure in the Drexel Burnham Lambert junk bond scandal plays a role. Astonishingly, every capital city of Latin America has eagerly signed on, apparently unaware of the strings attached to these seemingly benign partnerships, while a majority of municipalities in the region have also made commitments with these same groups that will push them to join GREEN+, potentially in a matter of weeks. The (hopefully) well-meaning regional governments have unwittingly paved the way for a sweeping surveillance apparatus tied to American intelligence that threatens to erode privacy and civil liberties under the guise of progress and combating the climate crisis."[1]

The people are responding to these imperialist frauds which can be stopped with the human factor/social consciousness in command. The peoples are determined to stop the global imperialists from running roughshod over them with their corruption, wars and exploitation. To turn the situation around decisively requires bringing into being new pro-social economic, political and governing arrangements under the control of the people. The working class must strive to unleash the full capacity of the modern socialized economy to serve the people and humanize the social and natural environment. The crucial central element for working people in this struggle is to bring into being a modern democratic personality and a modern democratic state and governing structures that have the capacity, outlook, aim and strength to deprive the imperialist elite of their power and to free the socialized economy to serve the people and Mother Earth.


This article was published in
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Volume 54 Number 35 - May 2024

Article Link:
https://cpcml.ca/Tmlm2024/Articles/MS54357.HTM


    

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