home / subscribe / about us / books /events / archives / search / links / faq

 

 

What You're Missing in our subscriber-only CounterPunch newsletter


CHINA'S GREAT LEAP BACKWARDS

Peter Kwong gives us the "New China" without illusions: from the "millionaires' fair" in Shanghai, with $60,000 diamond-studded dog leashes to one of the most savagely repressed working class and peasantry on the planet. How China's leaders swapped Marx and Mao for Milton Friedman. Alexander Cockburn on What's wrong with the U.S. left. They're sitting in darkened rooms weaving conspiracy fantasies about 9/11; they're blogging; they're confusing a medium with a movement; they're not doing enough to stop the war in Iraq. John Ross takes us along the stormy trail of the Mexican election. CounterPunch Online is read by millions of viewers each month! But remember, we are funded solely by the subscribers to the print edition of CounterPunch. Please support this website by buying a subscription to our newsletter, which contains fresh material you won't find anywhere else, or by making a donation for the online edition. Remember contributions are tax-deductible.

Click here to make a donation. If you find our site useful please: Subscribe Now!

Get CounterPunch Newsletter By Email for Only $35 a Year

 

Today's Stories

July 21, 2006

George Galloway
John Cornford and the Fight for the Spanish Republic

P. Sainath
Indian Prime Minister Faces the Dead Farmer Problem

Aseem Shrivastava
The Iraq War is a Huge Success

Alexander Cockburn
Hezbollah, Hamas and Israel: Everything You Need to Know

Website of the Day
FromIsraeltoLebanon

July 20, 2006

William S. Lind
Why Hezbollah is Winning

Robert Jensen
Florida Puts History on Probation

John Ross
AMLO Presidente!

Tom Hayden
I Was Israel's Dupe

Paul Craig Roberts
The Unfolding Horror Show

July 19, 2006

Patrick Cockburn
Massacres Soar in Central Iraq: Maliki Government Discredited

Trish Schuh
Israel Targets, Flattens Beirut TV Station HQ

Jonathan Cook
Is Israel Using Arab Villages As Human Shields?

Vicente Navarro
The Spanish Civil War, 70 Years On: The Deafening Silence on Franco's Genocide

July 17 / 18 2006

Mike Whitney
Israel's Shameful Attack on Gaza

Kathleen Christison Atrocities in the Promised Land

July 14 / 15, 2006
Weekend Edition

Alexander Cockburn
How Venice is Dying

Tanya Reinhart
The IDF is Hungry for War

Robert Fisk
Beirut Waits: Is Damascus the Key?

Daniel Cassidy
How the Irish Invented Jazz

Winslow Wheeler
Pentagon Budget Gimmickry: When a Cut is Actually an Increase

Hugh O'Shaughnessy
In Amazonia: Slavery and Deforestation

M. Shahid Alam
Israel, the US and the New Orientalism

William S. Lind
Two Signposts in Iraq

Ramzy Baroud
Racism Plagues Media Coverage of Gaza Assault

Gilad Atzmon
Echoes of the Wehrmacht

Elizabeth Weill-Greenberg
Railroading Your Rights

Samar Assad
A History of Israeli-Palestinian Prisoner Exchanges

Ron Jacobs
Japan and Pre-Emptive Strikes: Why Would They Want to Go There?

Lee Ballinger
A New Kind of Jim Crow?

Walter Brasch
A World Without Fajitas?: the Rightwing's Language Police

Dave Lindorff
The Bush Swingers?: They Broke the Law and People Died

Clifton Ross
Up from Below in Oaxaca

Tom Crumpacker
Planning for the Re-Colonization of Cuba

Ricardo Alarcon
The Mad Annexationist

William Hughes
Rev. Billy Graham: A War-Monger in the Pulpit

Susie Day
Bugging Hillary

Farrah Hassen
The Road to Gitmo: Dramatizing the Banality of Evil

Poets' Basement
Smith-Ferri, Engel and Davies

July 13, 2006

Saul Landau
Lies as Patriotism?

Youmans / Erakat
Divestment, Corporate Engagement and Israel

Dave Lindorff
Cut and Run: a Winning Strategy

Ron Jacobs
Dogs of War Barking at the Moon

Col. Dan Smith
Iraq: Fool Me Twice

June 22, 2006

Marjorie Cohn
Friendly Fire Ambush

Winslow T. Wheeler
Lockheed, the Senator and the F-22

Tanya Reinhart
A Week of Israeli Restraint

Mike Marqusee
The Forest Gate Raid

William Blum
Why Bush's Iraq is Worse Than Saddam's

July 12, 2006

John Ross
Mexico Splits in Half: the Election Hits the Streets

John Stauber
The CIA Propagandist and Former Prankster Stewart Brand: John Rendon's Long, Strange Trip in the Terror Wars

Robert Boston
Top 10 Powerbrokers of the Religious Right

Wayne S. Smith
Bush's New Cuba Plan: Embargoes, Blacklists and Assassination Plots

John Graham
Secrecy and the Curtain of Oz

Ed Kinane
Arrested for Failing to Obey a Lawful Order to Cease Protesting an Unlawful War: My Statement to the US District Court

Kevin Prosen
Goodbye Mr. Zeidler, You Will Be Missed

Jonathan Cook
Israel's Latest Bueaucratic Obscenity

Website of the Day
Addicted to Oil: Starring GW Bush

 

July 11, 2006

Dave Lindorff
Does a State of War Give Bush the Right to Commit War Crimes?

Dave Zirin
Why I Wear My Zidane Jersey

Mokhiber / Weissman
Boeing's Criminal Agreement: Odd and Unusual

Amira Hass
A War on Families

Clare Hanrahan
The Last Free Fourth of July?

Brian Cloughey
Stop Blaming Pakistan

Felice Pace
The US Media and the World Cup

Raed Jarrar
Iraq: Raped

Website of the Day
Bad Boy of Gitmo

 

July 10, 2006

Paul Craig Roberts
Courting Doom with North Korea

Uri Avnery
A One-Sided War

Roger Burbach
Democracy Betrayed: Electoral Fraud and Rebellion in Mexico

Ron Jacobs
The New SDS: Toward a Radical Youth Movement

Joshua Frank
Sectarian Flames in Iraq

Missy Comley Beattie
Bush's Stunning Admission to Larry King

Alexander Cockburn
The War in Iraq: a Dreadful Mistake


July 8 / 9, 2006
Weekend Edition

Stephen Green
When War Criminals Retire

Paul Craig Roberts
Republic or Empire?: Lessons from Stanford

Greg Moses
Boots Down on the Rio Grande

Ralph Nader
The Wail of the Oceans

Laura Carlsen
Mexico's Election Lacks Credibility

Conn Hallinan
Dumping Musharraf: Is Pakistan Expendable?

John Chuckman
Afghanistan is No One's War

Fred Gardner
Big Pharma's Strange Holy Grail: Cannabis Without Euphoria?

Dr. Tod Mikuriya
Cannabis as a Frontline Treatment for Childhood Mental Disorders

Pierre Tristam
Missile Envy: Is N. Korea Bush's Most Reliable Ally?

Lucinda Marshall
Deep Sexing the News: the Rape of Iraq

David Swanson
Command Rape: the Ordeal of Suzanne Swift

Heather Gray
The Spiral of Violence: What the Dead Might Tell Us

Dave Zirin / John Cox
French Soccer and the Future of Europe: Le Pen's Racists vs. Zindane and Henry

Mark Engler
Mexico's Fear of Democracy: Elites, Fraud and the Status Quo

Michael Lettieri
Mexico: Don't Discount a Recount

Ron Jacobs
2008 Might Be Too Late: the Case for Impeachment Now

Jamal Juma'
Globalizing the Occupation

Jeffrey St. Clair
Playlist: What I'm Listening to This Week

Poets' Basement
Engel and Kirbach

 

July 7, 2006

John Ross
Anatomy of a Fraud Foretold: Mexico's Surreal Elections

July 6, 2006

Nick Dearden
Profiting from the Occupation: the Corporate Interests Behind the War on Palestine

John Stanton
Nationalize the Defense Industry

Ralph Nader
The Politics of the Minimum Wage

Laray Polk
Cambodia Then; Gaza Now

Saul Landau
Who Mourned the Victims of the US Covert War on Chile?

Joshua Frank
Sweet Angst, Power Chords and Politics: Farewell Sleater-Kinney

William S. Lind
To Be or Not to Be a State? Hamas and 4th Generation War

Adelman / Lindorff
Impeachment Comes to Main Street, USA

Jonathan Cook
An Experiment in Human Despair

Website of the Day
Adulterers in Chief?


July 5, 2006

Mike Whitney
Is Cheney Betting on Economic Collapse?: the Veep's Curious Investment Portfolio

Saul Landau
False Axioms: Star Democrats and Iraq Massacres

Ramzy Baroud
And Israel Shall Be Safe Again

Missy Comley Beattie
An Axis of Nuts: Ready, Aim, Fear

Arthur Neslen
A Way Out of the Gaza Crisis?

Vincent Maruffi
Party Politics in Connecticut: Lieberman, Lamont and the Greens

Paul Cantor
Aberrations: Hell, High Water and the Moral High Ground

Paul D. Johnson
Mystery Meat: Let's Be Honest About Food's Origin

David Price
Shouting Down Nazis in Olympia


July 4, 2006

Col. Dan Smith
Iraq and Independence Day: Lessons from the War of 1812

Chris Floyd
American Power in Mahmudiyah

Marjorie Cohn
Israel's Collective Punishment of Gaza

James Brooks
Israel 9,000 Palestine 1: Destroying the Gaza Strip

Medea Benjamin
"Dictatress of the World:" Has America Become JQ Adams' Worst Nightmare?

Matt Reichel
An Independence Day Lesson for the American Left from France

Elisa Salasin
Why I am Fasting Today

Rick Wilhelm
Will Lieberman Apologize to Ralph Nader?

Paul Craig Roberts
Rape, Lies and Murder

Website of the Day
A Mighty Handsome Family

 

July 3, 2006

Robert Bryce
Gaza in the Dark: Poor, Frustrated and Powerless

Dr. Bouthaina Shaban
"I Hope You're Not Here to Talk About the Palestinians"

Julia Olmstead
The Biofuel Illusion: Running on Top Soil

Dave Lindorff
The Real Meaning of the Hamdan Ruling: Bush Adm. Has Committed War Crimes

Andres Gomez
A Mockery of Justice

Alan Singer
Another Encounter with Chuck Schumer: Just as Hawkish as Hillary, But Nastier

Alexander Cockburn
Temple of Mammon, Planet of Doom


July 1/2, 2006
Weekend Edition

Paul Craig Roberts
Bush's Assaults on Freedom: What's to Stop Him?

Stephen T. Banko
Echoes from Vietnam; Nightmares in Iraq

Daniel Cassidy
How the Irish Invented Slang: the Bunkum of Bunkum (for Dizzy Gillespie)

Fawzia Afzal-Khan
The Class Behind the Muslim

Jeff Taylor
The Sandy Foundation of the White House: a Bible-Believing Christian's View of Bush

John Ross
Mexico: There's a Riot Going On

Greg Moses
Psycho-Management Hits Mexico's Maquiladoras

Laura Carlsen
Mexico's Elections: a Choice for Change

Justin E.H. Smith
Lethal Injection and Other Fashion Trends

Brian Cloughley
Different Worlds: When Liberation is Worse Than Oppression

Anthony Papa
Punishing Addiction: No Walk in the Park for Dwight Gooden

Mike Ferner
Getting Busted for Wearing a Peace T-Shirt

Jerry Tucker
Liberalism's Long Goodbye: McGovern Hoists the White Flag

Jane Goodall / Rick Asselta
Remembering the Marshall Islands

Phyllis Pollack
Roll Over Beethoven: Chuck Berry is Back in Town

Poets' Basement
Salasin, Swindell, Ferri-Smith and Engel

 

June 30, 2006

Marjorie Cohn
Supreme Rebuke: Bush Loses Gitmo Case

Heather Williams
Will Mexicans Ignore What Bolivians Learned?

Burbach / Cantor
Yellowback Democrats: the Party of Cut-and-Run (from Principle)

Nick Dearden
Crime in the Valley: Life on the Other Side of Palestine

Michael J. Smith
Under the Broadcast Flag: Intellectual Property as Intellectual Theft

Brian Concannon
The Return to Haiti: a Homecoming for Aristide?

Virginia Tilley
Israel's Appalling Act: Starving in the Dark

 


June 29, 2006

Bill Quigley
Gutting New Orleans

Ron Jacobs
Killing a Nation to Rescue a Soldier

Paul Craig Roberts
The High Price of American Gullibility

June 28, 2006

Jorge Mariscal
Mexican-American Soldiers, Iraq and the Politics of Immigrant Bashing

Greg Moses
Down in Pinal County: Where the Pun's on Us

Mark Weisbrot
Mexico: Their Brand is Crisis

Ramzy Baroud
Re-Interpreting Iraq: the Latest Propaganda Campaign

Dave Lindorff
Redacting the Constitution: Why Signing Statements Matter

William S. Lind
Neither Shall the Sword: War in a Fouth Generation World

Mike Ferner
50 Years Down the Wrong Direction: Taken for a Ride on the Interstate Highway System

Zoltan Grossman
Military Resistance: a Brief History

 


June 27, 2006

Marjorie Cohn
Playing Politics with Timetables

Benjamin / Jarrar
Leading Dems Froth Over Amnesty Plan

William Hughes
Roadmap to Starvation

Doug Giebel
Showdown in Montana: Burns vs. Testor

Uri Avnery
The World Cup and Middle East Peace

Alexander Cockburn
Hitchens Hails the "Glorious War"

 

June 26, 2006

Don Santina
American Rituals: Massacres, Baseball and Apple Pies

Ralph Nader
Beyond Binary Politics

Dave Lindorff
CounterPunch v. CounterPunch: Taking Impeachment on the Road

Rafael Rodriguez-Cruz
An Interview with Mumia Abu-Jamal on Hispanics and Latin America

Evelyn Pringle
Big Pharma's Big Graveyard: Drug Profits, Fraud and Death

Jonathan Cook
Israeli "Retaliation" and Double Standards

June 23, 2006

Youmans / Erakat
Divestment, Corporate Engagement and Israel

Dave Lindorff
Cut and Run: a Winning Strategy

Ron Jacobs
Dogs of War Barking at the Moon

Col. Dan Smith
Iraq: Fool Me Twice

June 22, 2006

Marjorie Cohn
Friendly Fire Ambush

Winslow T. Wheeler
Lockheed, the Senator and the F-22

Tanya Reinhart
A Week of Israeli Restraint

Mike Marqusee
The Forest Gate Raid

William Blum
Why Bush's Iraq is Worse Than Saddam's

June 21, 2006

Ramzy Baroud
Zarqawi's Death: Myth vs. Reality

Patrick Cockburn
Embassy Work as Death Sentence

Gary Leupp
Making the Case for Impeachment

Greg Moses
Elite Logic at the Border

June 20, 2006

Fred Gardner
The Long War on Aspirin

Omar Waraich
Ode to Joy: Watching Blair Sink

Christopher Reed
Japan Nixes Payments to Its Wartime Slaves

CP Newswire
Coca Cola Takes a Hit

Jonathan Cook
Israel Engineers Another Cover-Up

 

June 19, 2006

Bill Quigley
HUD's Bulldozers and the Poor of New Orleans

John Walsh
Tears of a Clown: Al Franken's War

Mike Whitney
The Zoom Lens War: Bush's Baghdad Photo Op

Alexander Cockburn
The Left and the Blathersphere

June 16 / 18, 2006
Weekend Edition

Kathy / Bill Christision
The Power of the Israel Lobby

Joseph Nevins
On the Migrant Trail: No More Walls, No More Deaths

Farrah Hassen
An Interview with Syria's Ambassador to the US, Dr. Imad Moustapha

Greg Moses
The Real Mission of the Uniformed Ghost at the Border

Nicole Colson
"There's No Hope at Gitmo"

John Scagliotti
How MoveOn Wastes Its Donors' Money

Mokhiber / Weissmann
Corporate Democrats

 

June 15, 2006

Kathy Kelly
Look Them in the Eye: Honest Abe and the Residents of Ramadi

Norman Solomon
Premature Triangulation: Hillary's Big Problem

Ron Jacobs
Publicity Stunts as Public Policy

Sam Bahour
Cover Up on Gaza Beach

Ramzy Baroud
Palestine on the Brink

CounterPunch Wire
Death Squads at Colombia's Universities

Gabriel Kolko
Why a Global Economic Deluge Looms

Website of the Day
Antje Duvekot: Music You've Been Waiting Years to Hear

 

June 14, 2006

Nicole Colson
"They Want the Fear Level at a High Pitch": An Interview with Lawyer Lynne Stewart

Jonathan Cook
Israeli Law and Order

Joseph Schechla
Bulldozing Palestine: an Open Letter to Caterpillar, Inc.

Michael Carmichael
Bolton at Oxford: Jeered and Taunted

Evelyn Pringle
Karl and George, the Teflon Partnership

Ward Churchill
My Trial By Media: Turning Quibbles Over Footnotes into Felonies

Rev. William E. Alberts
Decoding the Coders of Christ: Jesus the Political Insurgent?

Website of the Day
Marines Iraq Snuff Film

 

June 13, 2006

Medea Benjamin
Take Back America Suppresses Anti-War Dissenters at HRC Speech

Anthony Alessandrini
The Evil of Banality: the General, the New York Times and the Gitmo Suicides

Paul D'Amato
The Meaning of Haditha

Dave Lindorff
The Strange Death of Zarqawi: Was He Killed So He Wouldn't Talk?

John Ross
Elections and the World Cup: If Team Mexico Advances, Will Anyone Show Up to Vote for Lopez Obrador?

Gabriel Garcia
Venezuela and Drug Trafficking: Bush Bashes Chavez Despite Positive Results

Hilton Obenzinger
DIvestment is a Stand for Equality in Israel

Yitzhak Laor
The Secret of Authority

Juan Antonio Ocasio Rivera
Puerto Rico at the UN

Jennifer Van Bergen
The Story Behind Zarqawi's Death: What's the Legality of the Assassination?

Website of the Day
Paul Wright: a Real American Freedom Fighter

 

June 12, 2006

Paul Craig Roberts
Bush's Armageddon Wish: a Final End to History?

Patrick Cockburn
The US Already Misses Zarqawi

Mike Marqusee
Rebranding a Team: English Nationalism and the World Cup

Lee Sustar
"I Never Had the American Dream:" Left with No Future by GM and Delphi

Robert Fisk
Has Racism Invaded Canada?

Michael J. Smith
Enter Sandman; Exit Kosland

Felice Pace
NPR's Warped Covereage of the MIddle East

Jennifer Loewenstein
Setting the Record Straight on Hamas

Website of the Day
Our Way Home

 

June 10 / 11, 2006
Weekend Edition

Robert Fisk
Zarqawi's End is not a Famous Victory

Diane Christian
Zarqawi's Face

Joe Allen
The American Way of Atrocities: Marine Corps' Killer Virtues

Ralph Nader
Let Us All Praise the Dixie Chicks

Fred Gardner
Tylenol Toxicity Terror

Dave Lindorff
Nothing New About Haditha

Dave Zirin / John Cox
Will Racism Spoil the World Cup?

Dennis Perrin
Death is Patriotic: Necro-Porn, Live on CNN

Greg Moses
Militarizing the Border: Why Operation Jump Start Worries Me

John Chuckman
Terror in Toronto or Tempest in a Teapot?

Michael J. Smith
Babes in Kosland: Dem Blogfest, Day Two

Roger Burbach
Bachelet in DC: Chilean President Refuses to Back Down to Bush

Ira Moskowitz
Israeli Court Finds Mad-Dog US Prof Libeled CounterPuncher Neve Gordon

Sam Bahour
The Gaza Air Strikes: Begging for a Response

Seth Sandronsky
Grocery Chains and Bush's Ownership Society: Profits Fall, Stores Close

Michael Berg
A Father's Day Message: Both Parties Have Betrayed America

Kirsten Roberts
Desmond Dekker and the Music of the Shantytowns

Ron Jacobs
Who's Fooling Who?

Jeffrey St. Clair
Playlist: What I'm Listening to This Week

Poets' Basement
Jones, Davies, Engel and Louise

Website of the Weekend
Miles and Trane, So What?

 

July 21, 2006

The Economics of Creative Destruction

The Iraq War is a Huge Success

By ASEEM SHRIVASTAVA

“If he that shared the danger enjoyed the profit, and, after bleeding in the battle, grew rich by the victory, he might show his gains without envy. But, at the conclusion of a ten years' war, how are we recompensed for the death of multitudes, and the expense of millions, but by contemplating the sudden glories of paymasters and agents, contractors and commissaries, whose equipages shine like meteors, and whose palaces rise like exhalations!

“These are the men who, without virtue, labour, or hazard, are growing rich, as their country is impoverished; they rejoice, when obstinacy or ambition adds another year to slaughter and devastation; and laugh, from their desks, at bravery and science, while they are adding figure to figure, and cipher to cipher, hoping for a new contract from a new armament, and computing the profits of a siege or tempest.” Samuel Johnson

The secret of capitalist success, the great economist Joseph Schumpeter famously argued, is “creative destruction”. The dynamics of capitalist competition generate technological innovations at a rapid clip, each superior method causing the obsolescence of prevailing techniques, old machines giving way to new in a ceaseless cycle of growth and prosperity.

Imperialistic wars, Schumpeter believed, were signs of atavism, harking back to humanity’s more anachronistic, primitive impulses. However, he failed to see that such wars brought forth another form of creative destruction which capitalism finds most handy in its onward march.

The reigning view among most critics of the war on Iraq is that it has been a fiasco. No weapons of mass destruction were found, nor any link with the terrorists who plotted 9 -- 11. Most importantly, more than 3 years after Bush declared the end of the war, the insurgency in Iraq is stronger than ever. Undeclared civil war is threatening to break up the country. Hundreds of thousands of innocents may have been murdered by the American invasion, in addition to the deaths of over 2500 US soldiers, and the end is not in sight. So, it has become a commonplace to suggest that the whole enterprise has been a disaster from all possible points of view.

This is a fundamentally mistaken view, a victim of the red herrings thrown at the public by Washington warlords and their ideologues.

Is there reason to believe that the war, far from being a disaster, has actually proceeded quite well from Washington’s point of view? That the view that the war has been a fiasco is merely a convenient smokescreen of innocence helpful to keep in check public perceptions of the monstrous crimes of leaders in Washington and London?

First, and easily forgotten, the obvious success of the Iraq adventure has been to get rid of that rotten dictator Saddam Hussein. Democracy has dawned on an Islamic land. Thanks to American blessings, people can now elect their own representatives to govern them, even if they get their heads blown off every now and then when they step on to the streets.

Looking beyond that, however, there are some sobering facts. Let’s begin with the lessons history teaches. The dominant view is that the Vietnam War was lost by the US. It was driven out of Vietnam. 58,000 Americans died in the war, apart from the millions of Indo -- Chinese. All this may be true. However, if you look at it from the perspective of American corporate elites, rather than from the perspective of the majority of Americans, Washington succeeded in its primary goal, which was to prevent an alternative model of independent Third World development (something like what Cuba has tried and Venezuela is trying these days) from taking root. Vietnam was not allowed to set an example which might have generated a domino effect across the developing world, much to the loss of the United States, which would have become a less indispensable nation. True to American plans, Vietnam is an open -- market economy today, dependent on a globalized economy led by the US.

Moreover, the military spending on the Vietnam War consolidated the policy framework of Military Keynesianism which had been learnt to be of great economic use since the days of World War II. Key to this approach is the enrichment of weapons manufacturers and reconstruction  industries who have an assured market. The military purchases are deficit -- financed by the Federal government at the cost of the tax -- paying public. Reconstruction costs are levied on the tax -- paying public of the destroyed nation. Weapons dealers like Lockheed -- Martin and United Technologies got handsome contracts from the Pentagon. Companies like Kellogg, Brown and Root and The Louis Berger Group (both invited to bid for reconstruction contracts in Iraq) got plenty of business when they were asked to build harbors, roads, bridges, airports and military bases in the period of post -- war reconstruction in Vietnam.

The hidden agenda of the US government in Iraq has been three -- fold. Firstly, to take control of the world’s second largest oil reserves, thereby seizing one of the key oil spigots of competitors like Japan, China and the EU. Secondly, to prevent the dollar -- based world oil market from transacting in Euros, something Iran, Iraq and Venezuela were attempting since 2002, when the Euro was launched. Thirdly, the establishment of permanent US military bases in the strategic heart of the world. (The US has built the world’s largest embassy – employing 5000 people – in Baghdad).

In all three respects, the war has been a resounding success. US oil companies have taken charge of Iraqi oil. In the future it is through them that Japan, China, EU and any other competitors will have to buy oil from the region, something that gives the US formidable leverage. The oil market continues to transact in dollars, fragile as it is as a global reserve currency. Iranian experiments with the Euro Bourse have not taken off.

The war has also achieved some other remarkable, unmentionable goals for Washington. Firstly, it has managed to demonstrate the “credibility” of its military intentions of gaining full -- spectrum dominance in the post Cold War world. It has been, as one journalist puts it, a successful “global experiment in behaviour modification.” Secondly, the war industry has made huge profits as military orders have grown, Bush repeatedly asking Congress for more, almost $ 0.3 trillion having already been spent on the war. Nobel -- Laureate Joseph Stiglitz estimates the war to cost (and the weapons manufacturers to get) between $1 and 2 trillion over the next several years. Thirdly, firms from the reconstruction industry have been having a field day, the costs of reconstruction (which are effectively benefits for the US corporations, at the expense of the Iraqi public: “we destroy, we rebuild, you pay”) are estimated at somewhere between $10 and $60 billion over the next several years, most of it to be levied – with typically imperial justice – on the tax -- paying public of Iraq, the punishment for enduring a CIA -- installed dictator for decades.

The Economist had described Iraq sometime back as “a capitalist dream.” Senator John McCain had called it “a huge pot of honey that’s attracting a lot of flies.” The Halliburtons and the Bechtels, as much as venture capitalists have been dipping greedily into the pot for sometime already, their access cleared and guarded by the US military. After a long period  of economic seclusion under Saddam Hussein, followed by the decade of UN sanctions that strangled the country, the resources, the markets and the labor of the country have been put at the disposal of “the international community” (that is, Americans, occasionally including the British).

Among those who know, the accepted view is that Iraq has suffered two assaults, the military and the corporate , both filling the coffers of Washington’s patron corporations at the expense of epic human misery. Reviewing the enormous corruption and the no -- bid contracts handed out to companies like Halliburton and Bechtel, The Boston Globe recently suggested that the American involvement “amounts to two invasions. First the bombs. Then the banks. This is robbery, not reconstruction.” To add insult to these injuries, all US oil corporations operating in Iraq have been granted total legal immunity from prosecution for any crime -- involving labor, human rights or environmental law or any other violations -- under an Executive Order issued by the President a few years ago. For all that the “international community” cares about human rights and the environment, Exxon -- Mobil or Chevron -- Texaco could use slave labor or spill their oil off the coast of Basra without having to worry about any sort of prosecution whatsoever. Rule of law in the new, democratic Iraq.

In yet another, sinister, sense the war has been a remarkable success from Washington’s angle. It may succeed in dividing forever the three main communities in Iraq, Shia, Sunni and Kurds, enough to sustain the justification for a permanent US military presence in the country. Keeping a devastated nation on the brink of chaos may be part of a more or less conscious (if obviously secret) strategy to secure the long -- term benefits of military and economic occupation. This is an old -- divide and rule -- tactic of colonial powers, aimed at making the country ungovernable from within. The Americans have learnt it from the British. The logic was often given in the case of Hindus and Muslims in India by the British in the early part of the last century, Churchill always eager to point out that Indians will not be able to govern themselves in the absence of the British. All imperial powers are devilishly driven to create vacuums which they alone can occupy.

Other little successes have been notched up. Security corporations  -- with their hired mercenaries from all over the world -- have been used on an unprecedented scale. Poor young men from regions as far afield as the Far East, South Asia and Central America have been tempted with dollars and possibilities of US citizenship to fight white men’s wars. The racism and the cowardice are old. The corporate technique is new. Global security is one of the fastest growing industries today. It is already $100 billion in size and growing at 7 -- 8% annually, expected to double in size by 2010.

From Washington’s point of view, perhaps the most significant success of the Iraq venture is that the experiment with the two-pronged --destroy and reconstruct   --  approach  to enriching US corporations has worked with even greater success than in Vietnam. Now this cash -- generating capitalist module can be deployed with as much profit elsewhere. Iran? Venezuela? The more oil the country has, the better from the US point of view.

Neither the loss of lives, American or otherwise, nor the unprecedented fiscal crisis in Washington is going to stop the empire from enlarging the scope and scale of its global operations. No imperial overstretch yet, it seems. The US Federal Reserve can be, literally, banked on to print the necessary currency to finance any number of wars – and get the American and world public to pay for them. A great, but little -- known secret about the Federal Reserve, America’s central bank, is that it is ultimately owned and controlled by shareholders belonging to large, private commercial banks (several of them non -- American) like Lehmann Brothers and Rothschilds. So while private bankers make huge amounts of money by merely printing and lending it to the government, the ignorant tax -- paying public must keep footing the bill of war expenses: a long -- standing, built -- in mechanism for organized graft.

Loss of American lives can be minimized – and the dreaded Vietnam syndrome be avoided – by using the hired guns of security corporations from other countries, whose deaths do not even have to be reported. Money for more wars can be borrowed from East Asians and others too, who don’t look like they are going to stop their purchase of US Treasury bonds anytime soon. 

The day is not far when, as the American historian Theodore Roszak has recently suggested:

“The American imperium becomes a private, for profit, off -- the -- shelf, regime -- change industry. There will be firms standing ready to fight the wars, organize the occupation that follows, rebuild the ruined infrastructure that results from the wars, recruit new governments, and manage the post -- war economy. There may even be private educational services hired to train the conquered population in the rudiments of high -- consumption democracy, and hoards the evangelical true believers eager to save heathen souls from damnation.”

Aseem Shrivastava can be reached at aseem62@yahoo.com.

 

 

 

Now Available
from CounterPunch Books!
The Case Against Israel
By Michael Neumann

Click Here to Order Michael Neumann's Devastating Rebuttal of Alan Dershowitz

WHAT'S INSIDE
Grand Theft Pentagon:
Tales of Greed and Profiteering in the War on Terror

by Jeffrey St. Clair

 

CounterPunch Speakers Bureau

Sick of sit-on-the-Fence speakers, tongue-tied and timid? CounterPunch Editors Alexander Cockburn and Jeffrey St Clair are available to speak forcefully on ALL the burning issues, as are other CounterPunchers seasoned in stump oratory. Call CounterPunch Speakers Bureau, 1-800-840-3683. Or email beckyg@counterpunch.org.


The Book on 9/11 the White House Denounced as "ABSOLUTE GARBAGE"