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0 sats \ 2 replies \ @CliffBadger 4h \ parent \ on: The West trapped in cult of financialisation- losing its engineering advantage. econ
WWI and WWII were statist problems that started in Europe. The US became relatively richer than Europe in the aftermath only to the extent that it avoided getting involved. No where did the US ever turn a profit profit from fulfilling a war goal.
Besides, I'm not saying the US never never tried to gain economic advantages from warfare. I'm saying those attempts weren't successful and weren't the reason the US became a rich country in the first place. The wealth building happened before the military ventures, in the form of free markets being allowed to do the capitalist work of inventing and producing. The decline started when Jewish refugees from Europe started working from LA and New York to promote Marxism/statism while denigrating America's founding ideologies.
You say "crony capitalism" when it's just statism. Government exerting control over the economy is statism, your preferred system. It was separation of economy and state, with humility towards God and none towards the government, that was the driving force behind the industrial revolution and America's "hegemony," which was a side effect of wealth creation and not a concious objective.
Where does history show anything different? In life there is only trade, or violence. You can't threaten and intimidate someone into invention and creation.
'No where did the US ever turn a profit profit from fulfilling a war goal.'
This is fucking hilarious, extreme and TRAGIC ignorance you are spouting.
Petrodollar
Have you not heard about the million Indonesians murdered on the orders of the CIA and the later carve up of Indonesian resources wealth to US corporates?
You might like to read some history starting with US involvement in The Opium Wars.
Then read about the US involvement in the assassination of Irans democratically elected leader Mossadagh.
Chile, El Salvador, The Contras (Nicaragua), Vietnam, Cambodia, Afghanistan, Libya and many many more...all US military power projection serving to protect and promote US Corporate Interests!
The ONGOING US drone strikes in breach of international law that kill an estimated 50 innocant bystanders for every enemy combatant suspect killed. yes suspect as in untried.
Your ignorance of US imperialism is tragic and undermines any ability for me to take anything else you say seriously.
Seriously read some history and get your head out of the arsehole of Libertarian Mises Institute Bullshit.
All of the above are tragic examples of the 'compromises' that become imperative as nations gain super power status and lose sight of the democratic and fundamental principles that they may have been founded upon.
China in emerging as a super power is no less prone to these imperatives but to date has not displayed anything even approaching the brutality and extent of US imperialist militarism. The US has hundreds of declared military bases globally and many hundreds more undeclared...there is a reason for this and much of it is documented- do some reading.
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The US collaborates with domestic forces within other countries that request our help dealing with communism, and it in Indonesia's case, apparently it worked. Are we judging by outcomes or methods? Because if we assume Mao's brutality was justified then we can't judge anything merely by how many innocent bystanders were killed.
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