“Today we live in a world that prophets of capitalism declare as ‘END OF HISTORY.’ In the words of Francis Fukuyama, “Western liberal democracy [is] as the final form of human government.”1 Consequently, socialism, now celebrated by the organic intellectuals of capitalism as defunct, is consigned to the dustbin of history’s barbarism. Yet the so-called Western liberal democracy proves to be more barbaric than its supposed nightmarish opposite, socialism. For today, the richest fifth of the world’s people consumes eighty-six percent of all goods and services while the poorest fifth consumes just 1.3 percent. Indeed, the richest fifth consumes forty-five percent of all meat and fish, fifty-eight percent of all energy used and eighty-four percent of all paper, has seventy-four percent of all telephone lines and owns eighty-seven percent of all vehicles. The world’s 225 richest individuals, of whom sixty are Americans with total assets of $311 billion, have a combined wealth of over $1 trillion—equal to the annual income of the poorest forty-seven percent of the entire world’s population. On the opposite extreme, the poor consisting of the 4.4 billion people in developing countries, nearly three-fifths lack access to safe sewers, a third have no access to clean water, a quarter do not have adequate housing and a fifth have no access to modern health services of any kind.” (from the introduction)
Download: Pingkian: Journal for Emancipatory and Anti-Imperialist Education Vol. 1 No. 1