Le site Tlaxcala est de nouveau en ligne !
The Tlaxcala site is online once again!
La página web de Tlaxcala está de nuevo en línea!
Die Website von Tlaxcala ist wieder online!

Tuesday, 6 January 2015

Is Russia the ideal enemy for western capitalists?

by Dagmar Henn, The Vineyard of the Saker, 27/12/2014
'Taint evry day we have a war, I got to get stirring'
Most people look at geopolitical interests and at the military-industrial complex, when they think about the economy of war. This might be right for the small ones, but it underestimates the impact of the big ones. Whole industrial empires rose from the profits of war, and not necessary in the areas of weapons production. The Quandt dynasty in Germany (they own f.e. BMW) started from selling uniforms in WWI and continued benefiting from slave labor in WWII. Bertelsmann, one of the biggest global media companies, turned from a tiny publisher of Christian literature to a big publishing house through selling 20 million books to the Wehrmacht. And when the big chemical corporation IG Farben was broken up after WWII, each of the three companies created out of it, BASF, Bayer and Hoechst, was as big as IG Farben itself before the war. They made a handsome profit from synthesized petrol... (not to mention a more gruesome product called Zyklon B).
For an industry desperately looking for demand this is the ultimate Keynesian kick. A big war is programmed obsolescence on speed – products intended for destruction, on a market free of competition, paid for by the customer of last resort, the state, who in his turn posts a bet upon refinancing the cost through plunder. If the bet goes wrong and the war is lost – well, that´s what Swiss bank accounts were invented for...
The present economic crisis is not a financial one. Finance is just the surface. The wave of deindustrialisation sweeping over most of the Western economies during the last decades tells another story. Industry became too efficient; it doesn´t generate enough jobs, therefore it doesn´t hand out wages sufficient to pay for all the products produced. For some time this problem could be covered up by credit-financed consumption and the roving circus of low-cost-country production, but finally it came back to roost. Industrial production recovered nearly nowhere to it´s pre-2008 level; so even if there were a beneficial wizard who took all the states debts out of the system, and all the fictive capital called derivatives or MBS or what-so-ever, it still would be dead-end-street.
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