NATO, the Left, and the Path to Peace

Posted on the United National Antiwar Coalition July 13, 2022 by Alan Freeman, published on The Valdai Discussion Club, July 4, 2022

If anyone tries to justify a monstrous and unnecessary human sacrifice on the grounds that it’s for the best, then they are measuring ‘good’ in dollars instead of bodies, and they’re not part of the left, because the left stands for humans, not property, Valdai Club expert Alan Freeman writes.

NATO, the Left, and the Path to Peace

China getting rid of US debt holdings amid Washington DC’s escalatory actions and overall US decline

This year marks exactly 50 years since the establishment of ties between the United States and the People’s Republic of China. US President Richard Nixon visited China in 1972 and initiated an unprecedented thaw in relations, the first ever between a Communist power and a leading capitalist one. It was a very unusual occurrence, especially as the (First) Cold War was reaching its zenith precisely at that time. Although Mao Zedong himself and Nixon paved the way for the establishment of this relationship, it was only after Deng Xiaoping took power that the modern Sino-American relationship grew and in many ways shaped the economic and geopolitical realities of our time.

China getting rid of US debt holdings amid Washington DC’s escalatory actions and overall US decline

Related:

US debt held by China drops to lowest in 12 years

Speaking at a Senate Banking Committee hearing, Federal Reserve Chairman Jerome Powell acknowledged that the recent battle with inflation could tip the country into another recession.

By endangering the petrodollar, Ukraine conflict brings multipolar world & U.S. revolution far closer

The U.S. empire’s social stability can no longer rely on buying off the workers within its own borders. When Che Guevara observed that international worker solidarity gets undermined by the proletarians in the core imperialist countries receiving special benefits compared to the proletarians in the exploited countries, he was right. But with the contraction of capital, and the consequential introduction of neoliberalism to keep capital afloat, this has changed. Every year, the masses within the United States face conditions that are more like the ones in the Global South. The global wealth gap is still the primary wealth gap in a macro sense, but this widening of the U.S. empire’s internal inequality represents a contradiction which can bring about the empire’s defeat from within. And therefore a major step towards eliminating the global gap.

By endangering the petrodollar, Ukraine conflict brings multipolar world & U.S. revolution far closer

[4.24.2022] US sanctions against Russia are illegal and only make things worse

4.24.2022 – Perpetually new sanctions against Russia, actively imposed by the United States and its European allies, are formally unilateral measures that have neither a legal basis nor UN approval, writes the Global Times.

Notably, Washington is imposing severe sanctions on those economic sectors where US firms are Russia’s main competitors – ignoring industries where US dependence on Russian supplies is evident, such as titanium, which Americans use to make their aircraft and need rocket engines. According to Deputy Secretary of the Russian Security Council Mikhail Popov, the United States has also allowed its companies to import chemical fertilizers from Russia while imposing a ban on other states, writes the Global Times.

In addition, the US itself has felt the negative impact of the sanctions more than expected, the article said. Gita Gopinath, first deputy executive director of the International Monetary Fund, has already warned that financial restrictions on Russia threaten to gradually weaken US dollar hegemony and lead to even greater fragmentation of the international monetary system. And according to Andrew Milligan, a former UK Treasury official, the sanctions could also cause US corporate profits to fall, the Global Times reports.

US sanctions against Russia are illegal and only make things worse

Related:

UN Security Council Sanctions (<—No UN sanctions on Russia)