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Trashing the planet and hiding the money isn’t a perversion of capitalism. It is capitalism
Exploiting people, exploiting land, and keeping its ugly side secret. Its historical effects are all too recognisable in the Pandora papers now
Whenever there’s a leak of documents from the remote islands and obscure jurisdictions where rich people hide their money, such as this week’s release of the Pandora papers, we ask ourselves how such things could happen.
- George Monbiot
- The Guardian
How did we end up with a global system that enables great wealth to be transferred offshore, untaxed and hidden from public view?
Politicians condemn it as “the unacceptable face of capitalism”.
But it’s not.
It is the face of capitalism.
Capitalism was arguably born on a…