Tag: Lampedusa

Veiled Priorities

Filed in Articles by on 14th Jan 2015

Remember the peace dividend – the era of peace, prosperity, and jobs promised by western political leaders after the collapse of the Soviet Union?

One definition of ‘peace dividend’ is ” the money that becomes available in a national government’s budget when the country is at peace, and can afford to reduce its defence spending.”(1)  Peace dividend also refers to “an increase in investor confidence that sparks an increase in stock prices after a war ends, or a major threat to national security is eliminated. The money saved from defence spending is usually used toward housing, education and other projects”.(2)

Losing Patience

However, instead of peace, prosperity and jobs, the world seems to be growing increasingly angry, losing patience over lost opportunities. Whether in the United States, Europe, or elsewhere in the western world, the 99 versus one per cent, and the continued winnowing out of the middle class is evidence more of a plutocracy or rich élite pulling the strings of power than democratically-elected governments dedicated to the health and well-being of their citizens.

Continue Reading »