Chris Hedges: “We are witnessing the collapse of globalization”

"Globalization has created a global oligarchic elite, which is super-national, it owes no loyalty to any particular country.  It has reduced the working class, within the US, within the developing world, to an almost subsistence existence.  It tells workers they have to be competitive in a global market place.  Which means they have to be competitive with sweatshop workers in Bangladesh, or prison labor in China.  It’s a reconfiguration, by corporations, of a global economy, where the working and a beleaguered middle class are increasingly caught in a vice in which there is no escape.  The system of globalization, of unfettered, unregulated, corporate, capitalism doesn’t work for the ordinary citizen.  And that we are seeing ignite popular protest.”

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