The immiseration of the majority is an integral part of the Free World package for the Third World, the unsavory aspects of the package - the terror, the direct spoilation of people and resources, and western complicity - must be rationalized and, as far as possible, kept under the rug.

The U.S. public is depoliticised, poorly informed on foreign affairs... and strongly patriotic in the face of a struggle with another Hitler. Even though the public is normally averse to war, even with modest propaganda efforts... the public can be quickly transformed into enthusiastic supporters of war.

There is ...a huge tacit conspiracy between the U.S. government, its agencies and its multinational corporations, on the one hand, and local business and military cliques in the Third World, on the other, to assume complete control of these countries and "develop" them on a joint venture basis. The military leaders of the Third World were carefully nurtured by the U.S. security establishment to serve as the "enforcers" of this joint venture partnership, and they have been duly supplied with machine guns and the latest data on methods of interrogation of subversives.

The United States has given frequent and enthusiastic support to the overthrow of democracy in favor of "investor friendly" regimes. The World Bank, IMF, and private banks have consistently lavished huge sums on terror regimes, following their displacement of democratic governments, and a number of quantitative studies have shown a systematic positive relationship between U.S. and IMF / World Bank aid to countries and their violations of human rights.

If the business community and political elite want to go to war they find it easy to mobilize domestic consent.

Economists have provided capitalists with a comforting concept called the "free market." It does not describe any part of reality, at any place or time. It's a mantra conveniently invoked when it is proposed that government do something the faithful don't like, and just as conveniently ignored whenever they want government to do something for them.

If we assume that the purpose of the economy is to serve and improve the welfare of the entire body of citizens, the U.S. model has clearly been a major failure. It has served a minority, and the majority have not only failed to share in the income gains yielded by the model, they have suffered from reduced benefits, greater job instability and stress, and a diminution of expectations and sense of hope for the future.