The U.S. peasantry has been stripmined exactly like the powerless colonial peasantry in the old colonial model.
In my latest interview with Max Keiser, Max asked a question of fundamental importance: (I paraphrase, as the interview has not yet been posted): now that the current iteration of capitalism has occupied every corner of the globe, where can it expand to for its "growth"?
My answer: neocolonialism, my term for the financialized quasi-colonial exploitation of the home domestic population. I described this dynamic in The E.U., Neofeudalism and the Neocolonial-Financialization Model(May 24, 2012).
We all know how old-fashioned colonialism worked: the imperial power takes political and economic control of previously independent lands.
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