The world held prisoner by permanent imperialist war
The following article analyzes the economic backgrounds of capitalism’s drive to war which, over decades, has turned ever more countries in the geostrategically important region of the Near- and Middle East, and beyond, into an open battlefield between, ultimately, the world’s biggest imperialist powers and their respective alliances, be it directly or by proxies.
It treats the economic difficulties experienced by the USA to counter the historic erosion of the US dollar as the dominant currency of world trade, especially in the vital energy sector – and notably in the oil and gas markets – as a pivot of their policies of ‘financing’ astronomical levels of both national debts and military expenses. In so doing the article sheds light on the difficulties of the USA’s offensive to export oil and gas, specifically their shale gas to the EU countries (the North-Stream 2 project with Russia), and on their quarrel with Russia and the OPEC countries about the price of crude oil.
Last but not least, it provides a background to the exacerbation of the US-Iranian antagonism in the region, exemplified by the gangster-style assassination of the Iranian top general Soleimani and his company at Baghdad international airport on January 3, behind which it identifies China as the veritable target.
In short, the article develops arguments for the thesis that “a truly global confrontation is underway. It’s a monetary, economic, geopolitical and military clash. No one can lose it but paradoxically, ‘rebus sic stantibus’, neither can win it without risking, in turn, a collapse that would almost be as severe as a defeat.”
Continue reading “Syria, Iraq, Iran, Kurdistan, Libya”
‘Nuevo Curso’ on the mass protests in the Maghreb
With a country in general uproar, Bouteflika waited until the last moment to present his presidential candidacy. () The demonstrators are still on the warpath because they know that the official candidacy wins. () But why should the fossilized Algerian bourgeoisie impose a dying Bouteflika who survives on medical care in Geneva?
Continue reading “The Algerian Crisis”