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Strategies & Market Trends : The coming US dollar crisis

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From: ggersh10/4/2018 8:48:02 PM
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marcher

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Democratic Corporate Fascism vs the Trump Kind The weakness of the Left In the United States is so extreme that the ruling class has to invent a “menace” to the prevailing oligarchic order: the Russians, whose phantom agents are said to wage a twilight struggle to undermine public faith in U.S. institutions. The U.S. Left is so pitifully small, so patently incapable of disrupting the rule of the rich, that it has lost all usefulness as a scapegoat for the failures and crimes of capitalism. Since no one believes that U.S. leftists have either the will or capacity to challenge the corporate regime, the Russians have to fill the role of internal as well as external enemy -- a daunting task on a meager Facebook budget of only $100,000. With the real U.S. left having shrunk to near-invisibility, the capitalist pseudo-left -- all of them Democrats -- pretends that socialism has already arrived in America in the form of Franklin Roosevelt’s New Deal and Lyndon Johnson’s Great Society. Comrade Bernie Sanders tells us that [big “D”] “democratic socialism” will bloom triumphant with passage of Medicare for All, on the home front, and by combating the “New Authoritarian Axis” of Russia, China and assorted Trump-like regimes around the world. Sanders believes that U.S. empire is compatible with his very minimalist version of socialism, which neither requires nor desires the overthrow of the moneyed classes. ... Trump’s explicit racism was upsetting to many Republican big wigs’ corporate sensibilities, but that wasn’t the deal-breaker that caused the intra-capitalist crisis. The GOP had been the “White Man’s Party” since 1968. Trump’s explicit white supremacism was only a difference in degree. What set establishment Republicans to flight and nearly destroyed the corporate duopoly, was Trump’s campaign rhetoric opposing U.S. regime change wars and corporate trade deals that facilitated the free flow of money and jobs around the globe. The bulk of the ruling class, along with its national security and corporate media servants, fled into Hillary Clinton’s big nasty campaign tent, and have plotted to hog-tie or remove Trump, ever since. Trump has since abandoned his opposition to regime change and corporate trade deals. ... Trump seems destined to join previous Republican and Democratic administrations in pursuit of endless austerity and war – which marks both Trump and his corporate Democratic adversaries as fascists. Endless austerity and war is how the corporate regime strips all democratic character from late stage capitalist societies like ours, and reorganizes the world economy to serve plutocracy’s purposes. The U.S. empire, not the territorial United States, is multinational capital’s home. Corporate imperatives dictate the global race to the bottom. The job of the two duopoly parties in the U.S. -- and of the bourgeois parties in the rest of the “West” and Japan – is to blunt the people’s resistance to the increasingly oppressive measures of capitalism in crisis and decline. The imperial “home” countries’ populations must also be made to acquiesce in, if not cheer, the steady drumbeat of war against the resistance to imperial aggression, now centered in Russia, China, Iran, Syria, Yemen, Cuba, Venezuela, Bolivia and Nicaragua -- even though every tightening of the imperial knot means more misery for all those who have been drafted into the race to the bottom. In the U.S., the hegemony of capital is all but complete. That’s why all of our “news” comes from five or six corporations -- and most of it is fake. Alone in the world, the U.S. has two parties of the ruling class, and no other parties that effectively contend for power. It is therefore, definitively, a corporate dictatorship.

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