Pat O’Dea – Meet the new Boss
Finance-Capital
Monopoly producers link up with banks, gain influence over the banking system. Through control of the financial sector, Finance Capital gains control of economic policy and influence over government policy, (including foreign policy). This web of economic and political influence is known as Monopoly Capital.
Meet the New Boss, Same as the Old Boss
Is your nation feeling constrained by the domination of the world’s markets and economy by the US and Europe?
Then the Multipolar World maybe for you.
The Call for a Multipolar World
We have seen the Russian Federation under Vladimir Putin’s dictatorship, expressing a revanchist desire for Russia’s lost empire.
The supporters of Russian and Chinese imperialism, cover up the naked truth about these new global powers imperialist ambitions, as being about creating a multipolar world, free from domination of America and Europe. We hear talk about the rise of the Brics and the replacement of the US Dollar with a new global reserve currency.
What the supporters of the Multipolar World theory, don’t tell you about the multipolar world they are fighting for, is that it will not be a meeting of equals, but of a new hegemony by China and Russia, over the rest.
Even the fragile, off again on again, alliance between Russia and China, would not long survive the multipolar world, before one or the other sought complete hegemony.
Pat O’Dea is a trade unionist and human rights activist.
If the multipolar world scares you, look into the great Reset: our current overlords plan to maintain their global domination despite Western imperialism’s catastrophic collapse.
The Magician August 8, 2022 at 6:50 pm
If the multipolar world scares you….
The multipolar world doesn’t scare me as much as the means to achieve it.
When Germany, Italy and Japan attempted to challenge the existing British Imperial hegemon, to achieve a multipolar world, involved world war.
The first war for the imperial redivision of the world cost 18 million lives. The second war for the imperial redivision of the world cost 63 million lives. WWIII will cost many more lives than that.
Can a BRICS currency compete with the US Dollar? I’d suggest that the question be inverted. The US$ is no longer regarded as “safe”, backed by petroleum and unbeatable military might. It’s not considered a safe haven either when it can be confiscated or devalued by massive money printing.
The current uncertainty will continue. The US won’t flop over, as empires do they will resist all the way. Resistance however is going to push more of the world to adopt fair reciprocal trade based upon perceived value of commodities and manufactures. Expect whatever currency used to be tied to physical reality (eg one barrel oil equals x bushels wheat etc).
Meet the new multipolar boss
…China’s behavior in Africa provides the rest of the world with insight into how it will behave towards other states, particularly the states of the Global South, as it becomes equal in power with the United States. Third, what China is doing in Africa does not augur well for the rest of the world. China’s activities and behavior in Africa may only be described as neo-colonial and exploitative of African peoples and the environment….
…There are copious examples of the negative consequences of Sino-imperialism. One archetypical case is the China National Petroleum Corporation, the state-owned oil and gas company, which is a major investor operating in South Sudanese oil fields. The Chinese pollute the local environment with impunity, resulting in children born with deformities, the poisoning of livestock, destruction of fertile land, and the pollution of rivers. Additionally, the Chinese cause environmental destruction in the Northern Upper Nile and Ruweng states affects the indigenous Dinka Padang communities of South Sudan…
….. In 2018, Addis Ababa negotiated with China and structured its loan terms from fifteen to thirty years. In next door Kenya, as a result of heavy borrowing by the government, China may seize the port of Mombasa. According to Kenya’s Daily Nation newspaper, the terms are Draconian and state “neither the borrower [Kenya] nor any of its assets is entitled to any right of immunity on the grounds of sovereignty, with respect to its obligations.”
In addition to these abuses, the Chinese presence in Africa is defined by a purposeful isolation from the indigenous population. Chinese firms bring in their own drivers, construction workers, and support staff, denying these employment opportunities to Africans, and often live apart from the African societies in which they reside.
https://nationalinterest.org/feature/takeover-trap-why-imperialist-china-invading-africa-66421
In southern DR Congo, soldiers beat and whipped two miners who were trespassing on a site managed by the Chinese-owned Commus company in Kolwezi, as site managers looked on. The incident shocked many after it was captured in a video that has been circulating on Facebook, Twitter and WhatsApp since July 21. However, several NGOs say that the incident is nothing new, the video highlighting the stranglehold foreign mining companies have on local communities.
During the 30-second video, a soldier in uniform, accompanied by one of his colleagues, uses a rope to whip two people who are lying on the ground. The soldier lingers over one of them, hitting him repeatedly as three Chinese managers from the mining company look on.
Due to the shocking nature of the video, we have chosen to only publish screenshots.
https://observers.france24.com/en/africa/20210802-dr-congo-video-artisanal-miners-beaten-for-trespassing
And? Not to minimise it but to put in perspective tell that to the children dead in Iraq due to US policies. They would sympathise as victims of imperialist bosses. They wouldn’t care if they were Yanks or Chinese. It’s the nature of the beast. So are we supposed to support one imperialist boss over the other? Or show no favours and reject all?
I would go for the last one, reject them all
In that case Pat we Kiwis probably need to become non aligned bloody fast.
Overnight Turkey discussed a $100 billion trade deal with Russia despite them being a NATO member and EU aspirant. Hungary has told the EU where to go re Russian gas and oil. The USA centric world is massively threatened.
We went to war for an Empire in 1914 and 1939, we’ve had imperial entanglements in Korea, Vietnam, Iraq, Afghanistan. The prior empire joined the EU and cast us adrift, the latter empire restricts our mutual trade massively. I say we sell to whoever on a mutual fair trade basis. No bosses, new or old.
Sounds good to me.
The crunch will come when, (not if), the dispute between the US and China deepens and the US demand their allies cut all trade with China.
Despite the fact that this would destroy our economy, bring hardship to many, our military and intelligence services who are tightly bound to the US hegemon, will exert covert and even overt pressure on the government to comply. And they will.
That is the major problem Pat, any politician moving against the status quo will be toast. Its down to popular rebellion or US defeat, will be instructive to watch Germany this winter when cold and hunger bite. If I were a betting man I’d put some money on the collapse of the EU
I agree with you Nick. it will be very instructive to watch Germany when cold and hunger bite.
And yes the people of Ukraine will have to be on their guard against a stab in the back from an EU not prepared to meet the hardships imposed by the war.
While I accept that EU collapse and capitulation is a possibility.
Being an optimist with a deep faith in the best of humanity, while the governments and elites in the EU may want to make a deal, my feeling is, the people of Germany and Europe will rise to the occasion, and will make the sacrifices and endure the coming hardship willingly rather than let Ukraine go under to the Russian invader, and will forgo the soft life and creature comforts of peacetime and not bow down to Russian pressure, no matter what the cost to their economies.
I also have faith that the Ukraine people’s resistance to the invasion, despite massive internal repression, the peace movement in Russia will grow bolder and find its voice.
And Slava Ukraine will be on their banners.