Published on william bowles.info, by blog owner William Bowles, January 19, 2012.
There are more young people of working age out of work than at any time in recorded British history according to the latest government figures … //
… Social support will be cut to the absolute minimum the state can get away with. Resistance will be met with the full force of the corporate/security state with the Summer ’11 riots serving as an example of what happens when you deliberately allow ‘them’ to get on with the lootin’ anna burnin’.
And so far, organized labour’s response has been half-hearted and sporadic without any clear direction of what to offer as an alternative tied as it is to the Labour Party’s coattails.
What’s left of the local economy will be hi-tech, information-based research and production as part of a global corporate, military-financial-media complex over which we have absolutely no control.
The situation is unique in the history of capitalism. The formerly Great Britain, ‘workshop to the world’, the greatest Empire the world had ever seen, the home of the Industrial Revolution, deliberately de-industrializes its economy and relies instead on its control of the global circuit of capital to produce ‘growth’ in the form of ficticious money that in turn it lent to its captive consumers at enormous rates of compound interest.
The ‘wealth’ created from the interest charged on the loans was then used to create an even greater pile of ficticious wealth by manipulating the markets on a global scale through the creation of equally ficticious financial ‘instruments’. Great fun while it lasted. Piles of dosh, in fact far too much capital and all of it ficticious, sloshing about in a system that has literally eaten itself alive.
The genesis of the current crisis can in part be traced back to Thatcher’s original decision to turn the UK into a ‘property-owning democracy’ by selling off publicly-owned housing. A decision that transformed the populace into a nation of debtors’ and most importantly, it locked them in debt for life (and beyond); a house being the single biggest investment people ever make. At the same time, entire industries were closed down and their coherent, class-conscious communities destroyed. An entire epoch wiped out in a stroke. Enter the Age of Credit.
Trapped on a treadmill of debt is it any wonder that no one wants to ‘rock the boat’? This might sound somewhat melodramatic but it would appear that only a wholesale collapse of the economy will produce the right conditions for the potential for revolutionary change to begin. But is this what we want to happen?
Meanwhile, given the the dire state of things, just as it did in the 1930s, the Empire ratchets up the case for war but war of a different kind having learned a brutal lesson from media coverage of the Vietnam War that thousands of Imperial troops dying in front of you, live on your television screens was extremely bad for business.
Just as the Imperial blueprints have made plain, the Empire, using a combination of media manipulation, hi-tech weapons and its stranglehold on international finance, can wage war ‘at a distance’ from its domestic populations. Using a professional army plus of course its mercenary minions to crush all resistance with barely a murmur from the metropolis. Imperial deaths, such as they are, are given full state/media funerals, after all one imperial death must be worth at least 100 (fill in the country) deaths.
Economic/political crisis at home equals wars abroad, it’s that simple. Is the Empire insane enough to start a nuclear war? Well as they’ve done before, they must think they can–in their terms–get away with it again. It would certainly divert our attentions away from our domestic woes- for a time. The ‘collateral damage’ would be too immense to calculate let alone contemplate thus such things are not touched upon when the MSM talks of the West ‘losing patience with Iran’ echoing the Empire’s threats of ‘taking out’ Iran’s nuclear facilities if it doesn’t behave itself and do as its told.
It’s also difficult to contemplate what the international repercussions of a ‘surgical nuclear strike’ on Iran would be. I find it inconceivable that the Russians and possibly the Chinese would not know about it in advance. The Empire, in spite of its power, can’t just go lobbing nuclear weapons about willy-nilly (and by Empire I include Israel, it’s mini-assassin) although the use of ‘Depleted Uranium‘ has barely caused a ripple of discontent in the populace, no doubt it’s not dramatic enough. The name by the way, doesn’t mean it ain’t radioactive, just less radioactive than its lethal parent U-235.
And just as importantly, it’s a test of Russia’s resolve just as in 1990 when the Empire decided that Saddam Hussein’s regime had lived past its sell-by date. What would the Russians do if the US encroached on what been traditionally, Russia’s patch? Well we know the answer to that but what of the present? Once again is it to be left to a reluctant Russia to stare down the Empire whilst we stand by, passive observers of our own, and others, fate? (full long text and related posts).
Prof. Mujahid Kamran’s book: The Elite, the ‘Great Game’ and World War III;
Eric Walberg’s book: Post modern imperialism geopolitics and the great games;
a survey by the British Chambers of Commerce: UK recession not yet inevitable, BBC News 10/01/2012;
The Globalization of War: The “Military Roadmap” to World War III;
2012: Prospects for Humanity? by Prof. Francis Boyle;