Many years ago in his study of the history of capitalism, Immanuel Wallerstein wrote that one of the characteristics of a hegemon in decline is that its profits are not made in commerce, technology and manufacturing but on finance and the military. The decline of the Anglo-American empire fits this to a T. This article details how the City of London is not only ripping off the British public, but it has been the storehouse for capitalist profits from all over the world.
Read in Global ResearchImage from Heart of Darkness
