BP Oil Disaster = GDP growth

[Karl Marx AK47]

While most people would understand the BP oil spill to be a disaster, the capitalist system sees such things as war, misery, and the destruction of the planet as mechanisms for GDP growth.

Audio- Marilyn Waring: Sex, Lies & Global Economics explores GDP here:

wwwDOTradio4allDOTnet/indexDOTphp/program/7310

[Buffalo Souljah]

Linked (http://www.revleft.com/vb/www.radio4allDOTnet/index.php/program/7310)

[AK]

Linked (http://www.revleft.com/vb/www.radio4allDOTnet/index.php/program/7310)
Linked, but better, because it actually works. (http://www.radio4all.net/index.php/program/7310)

[A Proletarian Manifesto]

Here's a small critique I wrote about the spill for a practice essay in GED class. :)

Over the last 2 months the global economic system has been going through a major crisis. They are calling it many names, but among the most common is “The BP Oil Spill”. It is notoriously becoming known as the one of the worlds worst oil spills. BP estimated the worst case flow at 6,800,000 US gallons per day, which means it’s probably double that. With an estimated 100 million gallons of oil already spilled in the gulf this seems to be turning into the biggest economic crisis of 2010.

They are pointing the finger at many different people. They’re saying the president is to blame for not more tightly regulating the standards at which these oilrigs operate. He has also gone on the record saying that “oilrigs are perfectly safe” and “Oil rigs today don’t generally cause oil spills”. Some are also saying that the right-wing conservative base is to blame. The conservative party has been on a “Drill baby drill” agenda and is always in a constant race to fill shareholders pockets. Sarah Palin being among the worst of offenders, spearheading the “Drill baby drill” charge. BP could plug up the hole, but that would mean they would lose all the money from the oil they lose. This is the most devastating oil spill in US waters since the “Lakeview Gusher” of 1910.

Pointing the finger doesn’t really help the situation out at all, but if we let the spill run wild we could be cleaning sea gulls for the next 5 years. The American population has got to realize that letting corporations go unregulated can only lead to disaster. With this and the 2009 bank bailout America is only hurting itself and in the long run citizens will pay exponentially. Blame who you want, but the regulations for these rigs need to be severely heightened, or else we will soon realize that water is not a renewable resource. We have been destroying our environment for a long time and when the last tree is felled, the last river polluted, and the last fish killed. We will all realize that you can’t eat money.

[farleft]

BP's share price has fallen a lot since April.

http://news.bbc.co.uk/news/business/market_data/shares/3/87080/three_month.stm