Now financial liberalization is just a catastrophe waiting to happen, and there are very well understood reasons for that.

Moves toward sovereignty in Iraq stimulate pressures first for human rights among the bitterly repressed Shi'ite population but also toward some degree of autonomy. You can imagine a kind of a loose Shi'ite alliance in Iraq, Saudi Arabia, and Iran, controlling most of the world's oil and independent of the United States. And much worse, although Europe can be intimidated by the United States, China can't. It's one of the reasons, the main reasons, why China is considered a threat. We're back to the Mafia principle.

Bolivia is a striking example. The mostly white, Europeanized elite, which is a minority, happens to be sitting on most of the hydrocarbon reserves. For the first time Bolivia is becoming democratic. So it's therefore bitterly hated by the West, which despises democracy, because it's much too dangerous.

We're looking at the dawn of a new arms race. For example, Germany technically opposes the US space militarization program, but is bound to get involved. Otherwise it will be left behind in the development of advanced technology. Germany understands that very well. The US understands it too, and they fully expect that Germany and other countries that they want on board will go along with the program.

Capitalism is a system in which the central institutions of society are, in principle, under autocratic control. Thus, a corporation or an industry is, if we were to think of it in political terms, fascist, that is, it has tight control at the top and strict obedience has to be established at every level. [...] Just as I'm opposed to political fascism, I am opposed to economic fascism. I think that until the major institutions of society are under the popular control of participants and communities, it's pointless to talk about democracy.

Democratic societies can't force people. Therefore they have to control what they think.

If you listen to the talk shows, which are rabid right-wing, and very interesting, an important fact about the United States, they reach a huge audience. And they're very uniform. So right wing, I don't think you can even find an analog in your, but they reach a mass audience, and their view is that the corporations are liberal. Their appeal to the population is, "the country is run by liberals, they own the corporations, they run the government, they own the media, and they don't care about us ordinary people."