The Re-enserfment of Western Peoples
By Paul Craig Roberts
November 09, 2015 "Information
Clearing House" - The re-enserfment of
Western peoples is taking place on several levels. One about which I
have been writing for more than a decade comes from the offshoring
of jobs. Americans, for example, have a shrinking participation in
the production of the goods and services that are marketed to them.
On another level we are experiencing the
financialization of the Western economy about which Michael Hudson
is the leading expert (Killing The Host). Financialization
is the process of removing any public presence in the economy and
converting the economic surplus into interest payments to the
These two developments deprive people of economic
prospects. A third development deprives them of political rights.
The Trans-Pacific and Trans-Atlantic Partnerships eliminate
political sovereignty and turn governance over to global
These so called “trade partnerships” have nothing
to do with trade. These agreements negotiated in secrecy grant
immunity to corporations from the laws of the countries in which
they do business. This is achieved by declaring any interference by
existing and prospective laws and regulations on corporate profits
as restraints on trade for which corporations can sue and fine
“sovereign” governments. For example, the ban in France and other
counries on GMO products would be negated by the Trans-Atlantic
Partnership. Democracy is simply replaced by corporate rule.
I have been meaning to write about this at length.
However, others, such as
Chris Hedges, are doing a good job of explaining the
power grab that eliminates representative
The corporations are buying power cheaply. They
bought the entire US House of Representatives for just under $200
million. This is what the
the corporations paid Congress
to go along with “Fast Track,” which permits the corporations’
agent, the US Trade Representative, to negotiate in secret without
congressional input or oversight.
In other words, a US corporate agent deals with
corporate agents in the countries that will comprise the
“partnership,” and this handful of well-bribed people draw up an
agreement that supplants law with the interests of corporations. No
one negotiating the partnership represents the peoples’ or public’s
interests. The governments of the partnership countries get to vote
the deal up or down, and they will be well paid to vote for the
Once these partnerships are in effect, government
itself is privatized. There is no longer any point in legislatures,
presidents, prime ministers, judges. Corporate tribunals decide law
and court rulings.
It is likely that these “partnerships” will have
unintended consequences. For example, Russia and China are not part
of the arrangements, and neither are Iran, Brazil, India, and South
Africa, although seperately the Indian government appears to have
been purchased by American agribusiness and is in the process of
destroying its self-sufficient food production system. These
countries will be the repositories for national sovereignty and
public control while freedom and democracy are extinguished in the
West and the West’s Asian vassals.
Violent revolution throughout the West and the
complete elimination of the One Percent is another possible outcome.
Once, for example, the French people discover that they have lost
all control over their diet to Monsanto and American agribusiness,
the members of the French government that delivered France into
dietary bondage to toxic foods are likely to be killed in the
Events of this sort are possible throughout the
West as peoples discover that they have lost all control over every
aspect of their lives and that their only choice is revolution or
Dr. Paul Craig Roberts was
Assistant Secretary of the Treasury for Economic Policy and
associate editor of the Wall Street Journal. He was columnist for
Business Week, Scripps Howard News Service, and Creators Syndicate.
He has had many university appointments. His internet columns have
attracted a worldwide following. Roberts' latest books are
The Neoconservative Threat To International Order:
Washington’s Perilous War For Hegemony,
The Failure of Laissez
Faire Capitalism and Economic Dissolution of the West
How America Was Lost.