Economic Update: How US Capitalism Uses Nationalism

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From 1945 to 1990 we were told a great struggle pitted capitalism against socialism/communism (chiefly the USSR and China). Yet still today, US leaders demonize Russia and China despite the end of communism in the USSR and a huge growth of capitalist enterprises in China. The explanation lies in US capitalism's long history of using nationalism...READ MORE

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  • pasqual digesu
    commented 2021-05-17 11:30:03 -0400
    As stated here, “From 1945 to 1990 we were told a great struggle pitted capitalism against socialism/communism (chiefly the USSR and China). Yet still today, US leaders demonize Russia and China despite the end of communism in the USSR and a huge growth of capitalist enterprises in China. The explanation lies in US capitalism’s long history of using nationalism (i.e. foreign dangers) to justify tax-payer funded government actions to protect, subsidize, and support major capitalists’ dominant position in the US economy”,
    And to add to this truth, China will now empower itself in the future to a greater extent than we have and can ever imagine by controlling capitalism rather than leave it in the hands of self serving and avaricious “entrepreneurs”.
    Lets not forget this same method of using nationalism in the middle east where Israel and Saudi Arabia are being funded, one with 6-9 billion annually using several methods of funding and the other by customer loyalty and protection of an energy market and lobby of incredible wealth and power. This is under a plan that requires both nations to channel or invest back large sums to our defense industry or selective pockets. A level of tax payers money laundering that the Cosa Nostra can only dream of. This racket is so important that we would allow and protect it even if those nations continue to practice a form of human persecution that goes beyond Fascism and can be unmistakably be more closely identified with Nazism (a similar system that we’ve practiced here before). All this despite the global view, opinion and protest. How many innocent lives within all these places and their future security are we gambling with? How many times can you kick a dog before it bites back? Our controlled media will be very selective as to when and what it will project.
  • Richard Wolff
    published this page in Blog 2021-05-06 11:33:19 -0400

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