From Film for Action:
The following essay is excerpted from Matt Kennard’s new book, The Racket: A Rogue Reporter vs. the Masters of the Universe, just out from Zed Books.
The media would have you believe that it’s simply an accident that 85 people now own more than half the world’s wealth. It’s time to blow their cover.
I started working as a reporter at the Financial Times soon after the financial crisis began and at the height of the so-called “War on Terror”. I was a young, ambitious reporter assigned to one of the world’s most respected broadsheets, ready to speak the truth. I learnt soon enough that this was not the place to do it.
Maybe I should have guessed. In the aftermath of the 9/11 terrorist attacks in New York City and Washington, I had had a partial awakening. As the war drums sounded in 2003, I learnt that the United States and the United Kingdom, despite now pushing for a war with him, had, in the 1980s, been supporting Saddam Hussein.
The man we were presenting as the devil incarnate had only years earlier been our buddy. Soon after, I saw that my government thought nothing of rewriting intelligence to trick its own citizens into a totally illegal war. I thought, maybe naively, that working at the FT would allow me to continue learning, and in some senses I was right, though not the lessons they intended. There I was exposed to the other side of this war-industry coin — the world of high finance. These wars were not the vanity project of deluded leaders; they were merely the latest stage in a global elite’s prolonged war on the people of our world with the sole aim of pumping up their bottom line. I saw the real rulers of the world up close now — they were not the politicians but the big money men behind them, the puppeteers who made everything move. I was stationed at their house organ, so raising the alarm did not, to put it politely, go well.