The Global Economy Runs on Extraction / Lalah Khalili

The crisis that we are seeing at this moment is in part because of the acceleration, of extraction. I think we're living in a moment in time where inequality is growing faster than at any other time in history where. The top 1% of the population in the United States hold more than 60% of the country's wealth, whereas the bottom 25% holds something like 4%. This incredible inequality has to be protected through a whole series of unpopular authoritarian measures and through the force of the gun. This world that we're living in is a world that 20th century oil, capitalism, and today's hyper accelerated extractive economy has generated.