'Zelensky literally selling Ukraine to corporations on Wall Street'

Unknown commented on "JACK ABRAHAM LETTS"

Zelensky literally selling Ukraine to corporations on Wall Street

“In a speech launching the neoliberal selloff program Advantage Ukraine, Zelensky offered Wall Street ‘a chance for you to invest now in projects worth of hundreds of billions of dollars.’

“[Business Wire] published a press release from the Ukrainian government in which Zelensky boasted:

“‘The $400+ [billion] in investment options featured on AdvantageUkraine.com span public private partnerships, privatization and private ventures. A USAID-supported project team of investment bankers and researchers appointed by Ukraine’s Ministry of Economy will work with businesses interested in investing.’

…

“The press release cited executives of US corporate giants Google, Alphabet, and Microsoft, who salivated over the economic possibilities offered by Ukraine …

“Zelensky coordinated his New York Stock Exchange publicity stunt with an editorial in the Wall Street Journal imploring US capitalists to ‘invest in the Future of Ukraine’.

“‘I committed my administration to creating a favorable environment for investment that would make Ukraine the greatest growth opportunity in Europe since the end of World War II,’ Zelensky wrote …

“Multipolarista previously reported on a meeting by Western governments and corporations in Switzerland in July in which they planned harsh neoliberal economic policies to impose on Ukraine.

“The Western participants published documents calling to cut labor laws, ‘open markets,’ drop tariffs, deregulate industries, and ‘sell state-owned enterprises to private investors’ …

“In an interview with Multipolarista, economist Michael Hudson compared the new emergency anti-labor laws imposed by the Ukrainian government to the brutal neoliberal policies implemented by Chile’s far-right Pinochet dictatorship after a CIA-backed coup in 1973.

“‘It’s jaw dropping,’ Hudson said of Zelensky’s Wall Street Journal op-ed. ‘It’s like a parody of what a socialist would have written about how the class war would be put in into action by a fascist government.’

“‘So of course he was welcomed on the stock exchange for abolishing labor’s rights,’ Hudson added. ‘You could not have a more black-and-white example’ of class war … And as Mr. Zelensky said, it may be the end of affluence for the labor force, but it’s going to be a bonanza for you investors in the New York Stock Exchange …

“‘Ukraine is the poorest country in Europe – but Zelensky said it’s not poor enough. He said, you think this is something, wait until our new law takes effect. That’ll really show you what it means to be the poorest country in Europe.

“‘But it’ll also be the richest country in Europe for the 1%,’ Hudson concluded.”

https://geopoliticaleconomy.com/2022/09/09/zelensky-selling-ukraine-wall-street/