As this year’s economic crisis has developed, the U.S.-centered corporatocracy has desperately been trying to maintain the illusion of growth, or at the least the illusion that the current contraction is sure to end and things will return to normal. But as unemployment claims in the U.S. have continued to rise, and factors like the cold war with China have thrown the NATO countries into further economic chaos, it’s become clear that the stock market has been overly optimistic about a coming recovery. Market Watch wrote last month that “The rebound will be much more gradual than the V-shaped pattern investors are betting on.”
Black Agenda Report Presents: The Left Lens on Sep 28, 2020
The U.S. claims to hold a monopoly on human rights despite being the most egregious human rights violator on the planet. Margaret Kimberley and Danny Haiphong discuss the domestic and international scope of U.S. human rights abuses and the hypocrisy of the evidence-free claims made against China.
It’s hard not to agree with American professor Richard Wolff when he says the real disease facing the world is not Covid-19 but rather the failed economics of capitalism.
Wolff’s analysis is more cogent than ever.
The Iraq invasion was a prelude to our current war run-up, the war run-up that the United States would experience when its global imperial hegemony came under threat during the 2020s. Like was the case in 2003, the empire’s propaganda machine has inculcated its narratives into the minds of a solid majority of the public. Like was the case in 2003, the main target of the empire’s violent rage is merely a scapegoat for the crises that the U.S. has been experiencing. The difference is that in 2020, America’s cultural psychosis is being directed towards preparing for a war far larger than the Iraq War, a war so destructive and costly that it could end up breaking U.S. hegemony for good.
If the capitalist ruling class get their way, the revolts that the U.S. and the other parts of the neoliberal world have been experiencing this last year will be only a blip in the march towards corporate domination. Their goal is to use militarism—both within the imperial core’s borders and abroad—to indefinitely keep the power structure reinforced.
The U.S. is Saving the Financial Sector, not the Economy
Before juxtaposing the U.S. and alternative responses to the coronavirus’ economic effects, I would like to step back in time to show how the pandemic has revealed a deep underlying problem. We are seeing the consequences of Western societies painting themselves into a debt corner by their creditor-oriented philosophy of law. Neoliberal anti-government (or more accurately, anti-democratic) ideology has centralized social planning and state power in “the market,” meaning specifically the financial market on Wall Street and in other financial centers.
This is shaping up to be the most ugly election in U.S. history with fiery consequences. Could the nation be heading for civil war, a century and a half after the last one?
Maj. Gen. Andrew Croft, the commander of 12th Air Force, wrote on 22 August: “I have seen an increasingly contested strategic space where Beijing and Moscow are aggressively investing time and resources in Latin America to support their authoritarian models of governance. The Air Force must reinforce the strength of our longstanding commitment to the Western Hemisphere. We lose ground when we are unable to commit to spending the time and resources to fly our aircraft south and train alongside our partners.”
Black Agenda Report Presents: The Left Lens on Aug 24, 2020
On this episode of The Left Lens, co-hosts, Danny Haiphong and Margaret Kimberley analyze the record of Kamala Harris and why she represents a negation of everything that the Black liberation movement and U.S. political prisoners currently fighting for freedom stand for.
Black Agenda Report Presents: The Left Lens on Aug 17, 2020
In the fourth of the Left Lens, co-hosts, Danny Haiphong and Margaret Kimberley discuss why Donald Trump’s re-election is not as unlikely as the Biden/Democratic Party let on. Also, Danny and Margaret discuss just some of the reasons we should oppose the U.S.’ New Cold War against China.
As Washington’s global influence rapidly diminishes, I’m picking up on a trend in how the U.S. imperialists operate: sporadically attempting to snatch up resources from other countries in desperate efforts at regaining what the empire has lost. This contrasts with the way that the U.S.-centered corporatocracy very smoothly exploited other countries when the empire was at its peak around the mid-20th century. In many cases, it was as easy and concealable as pressuring a poor country into becoming part of the corporatocracy’s business circle through some aggressive business deals.
In a major essay to mark the 75th anniversary of the atomic bombing of Hiroshima, John Pilger describes reporting from five ‘ground zeros’ for nuclear weapons – from Hiroshima to Bikini, Nevada to Polynesia and Australia. He warns that unless we take action now, China is next.
When I first went to Hiroshima in 1967, the shadow on the steps was still there. It was an almost perfect impression of a human being at ease: legs splayed, back bent, one hand by her side as she sat waiting for a bank to open.
Last week, when the billionaire neo-colonialist Elon Musk was confronted on Twitter about how his company is benefiting from the Washington-perpetrated coup in Bolivia, he replied with a statement that encapsulates the ugly nakedness of current U.S. imperialism: “We will coup whoever we want! Deal with it.” I have a feeling that when the world looks back on 2020, the time when the U.S. lashed out with such great violence when faced with its imperial decline, Musk’s declaration will be seen as the moment when the mask of the empire came off.
Washington’s arrogance is so out of control it has become impossibly absurd. It is astounding just how “exceptional” American politicians are at spouting double-think and contradictions without even the slightest shame or self-awareness.