With the hullabaloo about Olympic security and G4S, a little information on the Goliath corporate beast that goes by the name of G4S is perhaps welcome. This is no ordinary corporate beast, this one is the spearhead of the financial Mafia's privatisation program and in being so has made billions from tax payers money taking over security, prisons, police stations, migrant detention and a host of other parts of the state's control and repression facilities. It's tentacles reach across the world and slither into any area of repression that any state wants to privatise. All done with tax payers money at an extortionate profit to G4S.
G4S - 'securing' their world, not ours
Despite its inability to fulfil its London 2012 contract, the rise and rise of G4S is the story of the privatisation of the state and an increasing emphasis on “threats” and “security concerns” aimed at keeping people in thrall to authority.
G4S is no ordinary corporation. It operates in more than 125 countries and has 675,000 employees. Group turnover last year was £7.5 billion, mostly derived from state contracts around the world, with 30% of revenues coming from “developing markets”. Pre-tax profits were up 2.1% to £531m.
The self-styled “world's leading international security solutions group” has cashed in on the drive by the state to divest itself of more and more functions like prisons, crowd control and significant parts of the police service. As the company’s website declares: “In more ways than you might realise, G4S is securing your world.”
Of course, it’s not “our world” so much as their world – the rich, the bankers, the state, and the corporations that G4S helps to secure. And nowhere is “security” more on the state’s lips than in Israel, which continues to occupy Palestinian lands in defiance of countless UN resolutions.
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