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Vancouver Winter Olympics: A Festival of Corporate Greed

Source: Green Left Weekly

On February 12, the corporate sporting behemoth known as the 21st Winter Olympic Games will open to great fanfare here. In a time of economic hardship and government cuts to social programs across Canada, huge sums of public money have been spent to stage this uber spectacle.

Billions of dollars have been spent constructing venues, a new convention center and airport terminal; widening and paving untold kilometers of roads and highways; building a hugely expensive rapid transit line connecting the city’s airport to its downtown; and erecting new hotels to serve the influx of corporate sponsors and spectators.

The hotel, travel, restaurant and real estate industries hope to make a killing off the influx of out-of-town spectators and partygoers. Construction companies have already earned hundreds of millions of dollars during the years of preparation furiously pouring concrete and asphalt. read more