Chris Hedges: ‘The system of global capitalism is breaking down’

Chris Hedges is a recent speaker at the Munk Debates -  Canada’s leading public-affairs forum which discusses issues and trends just over the horizon with renowned analysts and policy-makers. Rudyard Griffiths, chair of the Munk Debates interviewed him for the Globe and Mail.

Hedges' argument serves as a stark reminder that the issues surrounding the 99% protests have not dissipated. As long as democracy struggles, so too will worker's rights, social well being and social stability, He reminds us that the brand of global capitalism that is dominant today does not nurture a democratic society - and is in fact only creating a global oligarchy.    The demand for perpetual economic growth is impossible.  The disintegration of all that made the West great, the increasing militarization of our police forces and the erosion of personal freedoms are all conspiring together to destabilize our societies:

" .... the ideological foundation of unfettered, unlimited capitalism is losing its hold on the imagination of large numbers of people who are not benefiting from this global system. And you see it in terms of people turning against their political elites. For example, the approval rating for the U.S. Congress is in the single digits, and voter turnout is at all-time lows. That there is something seismic happening below the surface is undeniable. When it will play out, how it will play out, what it will look like – having covered these things in the past – it is impossible to predict....."
Continue reading: The Globe and Mail


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