By now, you probably think your opinion of Goldman Sachs and its swarm of Wall Street allies has rock-bottomed at raw loathing. You're wrong. There's more. It turns out that the most destructive of all their recent acts has barely been discussed at all. Here's the rest. This is the story of how some of the richest people in the world - Goldman, Deutsche Bank, the traders at Merrill Lynch, and more - have caused the starvation of some of the poorest people in the world.
It starts with an apparent mystery. At the end of 2006, food prices across the world started to rise, suddenly and stratospherically. Within a year, the price of wheat had shot up by 80 per cent, maize by 90 per cent, rice by 320 per cent. In a global jolt of hunger, 200 million people - mostly children - couldn't afford to get food any more, and sank into malnutrition or starvation. There were riots in more than 30 countries, and at least one government was violently overthrown. Then, in spring 2008, prices just as mysteriously fell back to their previous level. Jean Ziegler, the UN Special Rapporteur on the Right to Food, calls it "a silent mass murder", entirely due to "man-made actions."
Scramble the film backwards. Rewind. Go back to the day 10 years ago when the air here in Manhattan was thick with ash and Osama bin Laden was gloating. There were two options for the United States government -- to pick up a scalpel, or to pick up a blowtorch. With the scalpel, you go after the fundamentalist murderers responsible with patient policing and intelligence work, and steadily drain them of their support. With the blowtorch, you invade a slew of countries with a great blunderbuss of slaughter and torture -- and swell the army of enraged jihadis determined to kill. History branched in two possible directions that day.
Over the past decade, an old word once used in the Maoist gulags has come back to China. It is "gulaosi" - and it is used to describe the men and women who are literally being worked to death producing clothes, electronics and toys for you and me.
Should you shut up about human rights abuses because they are happening far away, to people you don't know, who have a different culture or colour or creed? There is now a growing movement across the world saying that, yes, empathy should be cauterised at national borders. The world is carved into cultures, and they should not try to comment critically on each other. Instead, they should be "respectful." You can criticise Your Own Kind, but not Foreigners, because they are unbridgeably different to you. This claim is now made by a strange coalition stretching from the Israeli government to African dictators to Western multiculturalists - and they are trying to give it the force of law.