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This isn't about creating wealth, but about one group of people extracting wealth from another group.
Where plantations did not develop, the colonial state found a means of extracting wealth from free peasants.
Most states are going to end up being mere conduits for extracting wealth to send to the global financial system (think Greece, Ireland, and soon Spain).
When we are not extracting wealth from nature, we are extracting it from the working and middle classes.
Romney was very good at extracting wealth for himself and his friends.
Tasked with protecting young people, these once-trusted figures and institutions are instead serving the interests of the state, which is less concerned about educating the next generation, and more concerned with encouraging obedience and extracting wealth.
Similar(54)
Debt is how the rich extract wealth from the rest of us, at home and abroad".
Bureaucracy is a system "whose ultimate purpose is to extract wealth in the form of profits".
Of course, what we call corporations are, in fact, perpetual motion machines, set up to endlessly extract wealth (and leave slagheaps of poverty behind) no matter what.
But Mr. Blankenhorn's institute recently issued a report with 31 criticisms of casinos, including, "modern slot machines are highly addictive" and "casinos extract wealth from communities".
More broadly, casinos are nothing more than a regressive tax that extracts wealth from the very citizens who can least afford it.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com