As a proponent of legitimate free markets, I am always up for a little creative entrepreneurship. However, there is a considerable difference between building productive markets, and engaging in monopolistic piracy. Global conglomerates and the elites that operate them have long been familiar with the pirate’s life, and not the fun filled adventure-time rope swinging swashbuckling brand. In fact, it was elitists like Sir Francis Drake, commissioned by the English monarchy, who embodied this disturbing covert bedlam. We’re talking murder, mayhem, and blood-money, folks! So, it should be of no surprise to anyone that the thieving mercantile swine of our era are returning to the high seas to plunder once again, only in a much more subversive and devious manner.
This past week, World Bank President Robert Zoellick made his organization’s intentions for oceanic regimentation known, at least in a candy coated way, at the Economist World Oceans Summit in Singapore: …………..