• Science
    • Planetary Material Conditions
    • Doomscroll Comments
    • Society
    • Politics
    • Doom
    • Doom Philosophy
    • Solutions
    • General category
    • Revolution
  • Move
  • Topic
  • Back
  • Next

    US Imperialist War in Iran Looks Like an Economic Rescue Mission

    Started by RE May 13, 2026, 01:45 AM

    Message path : / Politics / War / US and Israel carrying out strikes against Iran #92


    Selected path :

    RE

    • Administrator
    • *****
    • Warden of Oblivion
    • Posts: 2,253
    May 13, 2026, 01:45 AM

    COUNTERPUNCH.ORG • 2026-05-12

    US Imperialist War in Iran Looks Like an Economic Rescue Mission

    Disaster on the way represents capitalism in crisis.
    Changing modes of capitalism have ended up as that skewed form of imperialism that now propels war with Iran. The message of Marxist analyst Samir Amin resonates: "[C]apitalism is incapable of overcoming its fundamental contradictions." (2) That would be so, especially if working people, the great mass of humanity, rise up, mobilize, and say, No!

    This will be no surprise to Diners familiar with Marxist analysis and the ongoing crisis in Capitalist economics, but the Iran war has little to do with the Iranian Nuke Program and much more to do with the waning power of the FSoA Dollar as the only financial debt instrument available for the Oil Trade on the Nation-State level.

    The rise of the Chinese Renminby as the debt instrument of choice for evading economic sanctions and the advent of the BRICS clearing system for trades enables Oil trade completely independent of SWIFT & the Petrodollar, so the loss of this financial control system has driven FSoA Imperialists to attempt the physical control over the choke points of the global ocean based transportation of the oil.  This motivated the action against Venezuela directly before the Iran war, and also the threats to Cuba, Greenland and Canada to their sovereignty.

    Will the escalating crisis lead to a workers revolt and the collapse of the Dollar as World Reserve Currency?  Will that lead inexorably to WWIII and direct conflict between thee FSoA and the PRoC?  It's looking more likely all the time, and this week's meeting between His Royal Chumpness and Xi may provide some clues.

    RE

    This is a

    new Diner page

    Logged in as:Guest
    Forum Home