Moon of Alabama Brecht quote
August 25, 2019

The MoA Week In Review - OT 2019-50

Last week's posts at Moon of Alabama:

The black block in Hong Kong, which consists of just a few hundred youth, is now back at rioting. Subway stations get vandalized and people pushed off the trains that the rioters use to ferry from one flash mob incident to the next one. Bricks and Molotov cocktails are thrown at police lines. Some protesters use baseball bats against the police, others have handguns. Today the police, for the first time, deployed water cannon trucks. One policeman fired a warning shot against the increasingly brutal mob. It is only of question of time until the first person gets killed.

The allegedly "leaderless" protesters even have a Dummy Guide for frontline rioters.

Miles Kwok aka Guo Wengui is a disgruntled Chinese oligarch. He is one of the men who finances the Hong Kong protests. Here he appears with Steve Bannon Miles Kwok & Mr Bannon: The 5 principles on Hong Kong’s matter (vid). But the NYT still claims that the nativist protesters' use of Pepe the frog is not a sign of alt-right influence.

Joshua Wong, one of the U.S. coddled students, compares the situation with 2014 Maidan riots in Ukraine. He is right in more ways than he says.

Khan Shaykhun and all surrounding villages are now liberated. There was little resistance left as most of the Jihadis had slipped out of the encirclement before it closed. The Syrian army is now concentrating forces to go further north towards Maarat al-Numan. The preparing bombing campaign is ongoing.

Last night Israel bombed a Hezbullah workshop south of Damascus. Three Hizbullah engineers were killed and two were wounded. Additionally an Israeli short-range drone landed on Hizbullah's media office in Beirut, Lebanon. A second drone, probably sent to destroy the first one, appeared and exploded. No one was hurt. The drone operators must have been relatively nearby, most likely on some boat off Beirut.

Hizbullah chief Hassan Nasrallah addressed Israel in his July 12 speech: "You kill one of our own in Syria and we will respond and respond from Lebanon." Nasrallah, who tends to hold his promises, is due to speak today at 17:00 local time. Expect some fireworks ...

Maj. Danny Sjursen: We're Listening to the Wrong Voices on Syria - TruthDig

Elijah Magnier reports that Israel is most likely behind this: Who is Behind Blowing up Ammunition Warehouses in Iraq? Iran is the Target. I still have my doubts about that.

The text of Mark Carney's Jackson Hole speech: The Growing Challenges for Monetary Policy in the current International Monetary and Financial System

Other issues:


Whitney Webb published another of her amazing pieces about the Epstein case: From “Spook Air” to the “Lolita Express”: The Genesis and Evolution of the Jeffrey Epstein-Bill Clinton Relationship - Mintpress News

Prof. Micheal Brenner looks into the lack of #MeToo outrage about the Epstein case: The Missing Howls of Denunciation Over Major Sex Trafficking - Consortiumnews - My take: It's an obvious class issues. The #MeToo establishment does not care about working class kids and women.

A Dead Cat, A Lawyer's Call And A 5-Figure Donation: How Media Fell Short On Epstein - NPR


The UAE supported southern separatists in South Yemen are not welcome outside of Aden. Some southern tribes mobilized against them as well as against the Saudis and the Houthi. The war to start all wars: Inside Yemen’s troubled south - Independent


There are no Afghan peace negotiations. There are peace negotiations between the U.S. and the (U.S. created) Taliban who will continue to fight against the (U.S. installed) government even while the U.S. wants the Taliban to fight the (U.S. installed) ISIS in Afghanistan. Robert Fisk: A century after the Anglo-Afghan peace treaty, the Fourth Afghan War is about to escalate - Independent


The real G7, measured by nominal GDP, are: 1. USA, 2. China, 3 Japan, 4. Germany, 5. UK, 6. France, 7.India.  When measured by GDP in Purchase Power Parity the list is different: 1. China, 2. USA, 3. India, 4. Japan, 5. Germany, 6. Russia, 7. Indonesia. At the G7 meeting in France today are the USA (2nd), Japan (4th), Germany (5th), UK (9th), France (10th), Italy (12th) and Canada (17th).  Iran's Foreign Minister Javad Zarif just arrived in Biarritz where the G-7 is holding their meeting. He will probably talk with Trump.


Who is providing your news? 15 Former Spooks Who Work At CNN And MSNBC Now -Daily Caller


Led Zeppelin cover by a Balalaika group: Stairway To Heaven (vid)

Use as open thread ...

Posted by b on August 25, 2019 at 13:51 UTC | Permalink

next page »

There's been all this discussion of Marx recently ... I wanted to say, particularly to Karlof1, look at this remarkable parallel between Marx and Hudson.

Hudson says, for example in the interview with Steve Keen:

I used to work for Chase Manhattan for many years. And I worked for other banks. I was a bank analyst, so I saw how it was done.

And if you look at that Hudson autobiography that has been linked to a few times, similar words recur right the way through his entire working life. Hudson had the real experience - with bankers, gold trade, treasury, etc.

Then we have this interesting little titbit that Marx' personal secretary was tutor to the Rothschilds! You can readily imagine that as a result, he would get all sorts of useful gossip about how things go on in the big banks, what motivates their actions - in contrast to the publicly stated motivations and the theory. And that would have given Marx a much deeper perspective, that was denied to ordinary people

you don’t understand, Mr. Hudson. Economics is all about assumptions. It’s about whether the logic is internally consistent. What you’re saying may be realistic, but it’s not internally consistent with the body of mainstream economics that we’re talking.

Similarly Marx' brother-in-law was a state secretary, so he had lots of inside information about the government of state that is likewise denied to ordinary people, like the ordinary economists who live in the fantasy Alice In Wonderland world that Hudson cites.

Posted by: BM | Aug 25 2019 14:07 utc | 1

/cont from Posted by: BM | Aug 25 2019 14:07 utc | 1

It's not that "Marx was fake because his brother-in-law was state secretary, he was born into wealth, and even his personal secretary was tutor to the Rothschilds" - but the exact opposite - these circumstances, and the personal difficulties because of the disinheritance and statelessness forced on him by the Prussian state, gave him the first-hand experiences that lead to direct insight.


Hudson is a rather special case in one respect, he is a joy to read and he is doing great things in promoting debt forgiveness, in tearing up the fantasy world of mainstream economics, and in teaching his invaluable knowledge and first-hand insider experience to the world - but he is a real rascal in terms of what he has given birth to in this world! He has the insider knowledge and the hands-on experience, but that insider knowledge is not of what someone else was doing but of what he himself was doing! I talk especially of his contribution to the development of the US dollar fiat reserve currency and dollar recycling. I can't help wonder how successful the US would have been in that venture without Hudson's input. Maybe what he is doing now is atoning for his past sins!

But that is an aside.

Posted by: BM | Aug 25 2019 14:24 utc | 2

Elijah Magnier reports that Israel is most likely behind this: Who is Behind Blowing up Ammunition Warehouses in Iraq? Iran is the Target. I still have my doubts about that.

When Magnier reports that Israel is likely behind the explosions, my take would be that he most likely has local knowledge on the circumstances that precludes the hot weather explanation, or more specific information about the incidents.

Posted by: BM | Aug 25 2019 14:43 utc | 3

Khan Shaykhun and all surrounding villages are now liberated. There was little resistance left as most of the Jihadis had slipped out of the encirclement before it closed. The Syrian army is now concentrating forces to go further north towards Maarat al-Numan. The preparing bombing campaign is ongoing.

At the time the cauldron was not yet closed, I think the most natural reflection from outside would be that the SAA wanted to hold as many of the Jihadis in the cauldron as possible and then remove them from the balance sheet of the military equation, as it were. That, if I understand correctly, is how a cauldron would traditionally be used. But seeing as the Jihadis had built up extra-strong defences on their southern boundary (and all the Idleb boundaries?) and were relying heavily on the success of those defences, I would take it that the SAA aim was in fact somewhat different - let the jihadis escape from the cauldron so that the cauldron can be quickly stabilised, and the breach of the defences quickly set is stone so that reserve forces can quickly push northwards from Khan Shaykhun where the defenses are minimal, and thereby quickly roll up a large area of jihadi-occupied territory without problems of remaining jihadis in their rear. The M5 is then simultaneously transport medium for the roll-up, raison de non-être for major defences, transport medium for reinforcements and for defence against re-occupation, and vehicle for the next cauldron - everything to the east of the M5 (up to ... no idea). Expect the next cauldron pretty soon, I say, probably a big one. The reserve forces have been waiting immediately to the south of the first cauldron, I understand, now they will swing into action through Khan Shaykhun.

Posted by: BM | Aug 25 2019 15:02 utc | 4

Yes, it is not the situation where SAA kept a cauldron not fully closed for a couple days. See earlier Idlib campaign. It seems to implement a "golden bridge to escape"

Posted by: pppp | Aug 25 2019 15:17 utc | 5

In the curious landing of Javad Zarif in Biarritz, that only could have happened as invitation by Macron, since the Biarritz Airport is closed to anybody/anything except people attending the G7Summit and their planes.

Posted by: Sasha | Aug 25 2019 15:23 utc | 6

One policeman fired a warning shot against the increasingly brutal mob. It is only of question of time until the first person gets killed.

China churns out millions of consumer-grade quadcopters starting at $9-00 per unit all the way up to self-navigating programmable units with HQ video transmission. I'd be very surprised if the PLA hasn't got every potential Maidan rooftop and window covered from several angles. I haven't heard any whingeing about drones from the Disgusting Western MSM but drone surveillance/ oversight is already state of the art.

Posted by: Hoarsewhisperer | Aug 25 2019 15:27 utc | 8

large numbers of militants being trained in Southern Syria..

Posted by: snake | Aug 25 2019 15:37 utc | 9

I am in my 4th listen to Stairway to Heaven......THANKS b!!!!!

We are one species that can and do learn from each other and share culture positively in many ways.

That said we are infected by a virus of faith that some of us humans are better than others are meant to subjugate others. I don't believe this is true and this is the challenge we must overcome if we are to continue to survive on our fragile spaceship Earth.

May the meek win WWIII

Posted by: psychohistorian | Aug 25 2019 15:47 utc | 10

The Magnier article is effectively saying that by allowing Israel to target PMU ammunition dumps in Iraq, the US [and by implication also Israel itself] is shooting itself in the foot just to allow Israel to pick off a few peanuts. The ammunition destroyed - precision strategic missiles - is expendable and is being replaced quickly and easily, but the the huge loss to the US and Israel is the build-up of motivation for the "Iraqi Hezbollah" as the formidable "Hezbollah Mark II", i.e. a crucial and invaluable component of the future success of the Iraqi PMUs in the Axis of Resistance. Just as the Syria war and everything else Israel has previously done in Lebanon has created in Hezbollah the force that Israel fears the most, the same will also ultimately be true of the Iraqi PMUs. The destruction of the warehouses is a blessing in disguise for the PMUs.

In Iraq, the US risks coming out as the biggest loser. Not only Israeli strikes undermine the relations with Iraq but also because Iran has managed to build a second Hezbollah in Mesopotamia. Hashd al-Shaabi needed a robust ideology to stand by and defeat ISIS. This ideology is durable: it will not dissolve, and it will persevere in opposition to US Middle East hegemony.

Posted by: BM | Aug 25 2019 15:52 utc | 11

Joshua Wong, one of the U.S. coddled students, compares the situation with 2014 Maidan riots in Ukraine. He is right in more ways than he says.

WOW and that turned out really well if you're a nazi.

Posted by: jo6pac | Aug 25 2019 15:55 utc | 12

Russia continues to, at the very least, encourage Israel to attack Syria and now Iraq. Putin continues to be a deft master of the ole knife in the back. At least when Israel was attacking Syria it had the fig leaf of the continuing state of war between Israel and Syria, however dishonest that may have been. Now they don't even pretend to have any justification whatsoever as they attack Iraq, beyond pure thuggery. Putin looks on with a benign smile on his face... can't wait for his next hug exchange with Netanyahu.

Posted by: paul | Aug 25 2019 15:55 utc | 13

Hassan Nasrallah held his speech:

For the attack in Syria that killed 2 (not 3) Hizbullah man the organization will take revenge within Israel ("beyond the border").

He called the drone attack in Beirut an attempt to change the rules of engagement that were established after the 2006 war. He promised that Hizbullah will from now on shoot down all Israeli drones that enter Lebanon's airspace.

Posted by: b | Aug 25 2019 16:42 utc | 14

Thanks for that Soros link, Snake:

On November 30th 2015, Zerohedge reported, Russian Prosecutor General’s Office issued a statement in which it recognised George Soros’s Open Society Institute and another affiliated organisation as “undesirable groups”, banning Russian citizens and organisations from participation in any of their projects.

–prosecutors said the activities of the Open Society Institute and the Open Society Institute Assistance Foundation were a threat to the foundations of Russia’s Constitutional order and national security.


The Law on Undesirable Foreign Organisations came into force in early June this year. It requires the Prosecutor General’s Office and the Foreign Ministry to draw up an official list of undesirable foreign organisations and outlaw their activities. Once a group is recognised as undesirable, its assets in Russia must be frozen, its offices closed and the distribution of any of its materials must be banned.

Isn't it about time all other countries around the world enacted similar laws and policies against foreign-funded WMD NGOs? HK and Venezuela particularly come to mind, of course, and Brazil could have avoided the Bolsonaro nuclear explosion through such laws if they had been put into effect in time.

Posted by: BM | Aug 25 2019 16:42 utc | 15

thanks b..

thanks bm for the posts today as well..

i am leaning a bit more to iran being behind the explosions, especially now that magneir is coming out saying israel probably did it... it all favours iran, and not israel as i see it..

regarding yemen, the uae are a bunch of monkeys like ksa... these 2 monkeys need to get there asses kicked with regard to yemen..

stairway to heaven... epic tune... i think page and plant ripped it off from an old english folk song myself.. i like the balalaika group doing it, especially the kid with the pedals..

thanks for the many fine posts and links b...

Posted by: james | Aug 25 2019 16:52 utc | 16

@14 b... thanks for that update... as for snakes link on soros ngos in russia.. that is pretty old news as i read it..

Posted by: james | Aug 25 2019 16:53 utc | 17

Iran always gets even and I suppose that Hez does also. Probably we'll never know, since revenge within Israel ("beyond the border") may not make the nightly "breaking news."

Posted by: Don Bacon | Aug 25 2019 16:54 utc | 18

Agree with Elijah. He is AFAIK better connected with Hezbollah and Iran than any other (western) Journalists. And it all fits.
Anyone who has not read the article: Despite this issue, his insights on culture concerning secret information, and the difference of this between Lebanon and Iraq, is pretty insightful.

Posted by: DontBelieveEitherPr. | Aug 25 2019 16:59 utc | 19

from Juan Cole
Trump has put US companies on alert that he might force them to withdraw from China, where they have $256 billion invested. He says he is given this power by the 1977 law called the International Emergency Economic Powers Act, or IEEPA.
The Republican Party has spent over a century warning against government involvement in the private sector, but now their leader is doing it big time. Trump ordering companies around about where they can invest is a form of fascism or rightwing national socialism. Left socialism is about public sector economic activity for the good of people. National socialism is the state usurping economic resources on behalf of a small corporate and high-official elite.
Tara Golshan at Vox explained how Trump unilaterally raised China tariffs in the first place by 25% (he is threatening to go to 30%):
“Trump’s White House cited Section 232 of the Trade Expansion Act of 1962, a provision that gives the secretary of commerce the authority to investigate and determine the impacts of any import on the national security of the United States — and the president the power to adjust tariffs accordingly.”
So one thing that is going on is that measures passed by Congress for limited and extreme situations are being misused by presidents for everyday policy-making. . .here

This strategy is not popular with US corporations and will earnTrump some more opposition. Former Rep. Joe Walsh (R-Ill.) on Sunday announced he would mount a primary challenge to President Trump. . .here

Posted by: Don Bacon | Aug 25 2019 17:08 utc | 20

Below is a link to an article about Tulsi Gabbard being marginalized by the D part of the one party system in the US

Gabbard Victimized by DNC's Dubious Debate Criteria

I posted this in the last Open Thread but am copying it here because of its relevance, IMO

Posted by: psychohistorian | Aug 25 2019 17:09 utc | 21

@19 dbtp... after reading magneir, i am back to my original position - very low odds of this being an iranian false flag..
from his article.. "Last month, the PMF revealed the CIA connections of Iraqi Brigadier General Mahmoud al-Fallahi, commander of Anbar, who was caught delivering to a CIA agent in Iraq all coordinates of the location of PMF and their ammunition warehouses. The audio release stated that Israel was planning to hit PMF positions. Therefore, Israeli involvement is not excluded because the destruction of the capability of Iran’s allies is the objective”."

Posted by: james | Aug 25 2019 17:21 utc | 22

Marx's brother in law actually worked for the prussian state and the two hated eachother; he got his insider info from, you know, Engels, whose family (and later himself) actually owned a factory.

Posted by: Some guy | Aug 25 2019 17:39 utc | 23

@ ph 21
That article on Gabbard published in Real Clear Politics is belied by the RCP Poll average here which has eight candidates stronger than Gabbard at 1.4% (2% being the debate criterion).

Posted by: Don Bacon | Aug 25 2019 17:41 utc | 24

This is going to be one of the most incredible stories told in recent times when it all comes into view. Would find this stuff very hard to believe if I had not come across the work of Stanislaw Szukalski which I will link after this. First I recommend reading the following article in it's entirety.

Jeffrey Epstein, My Very, Very Sick Pal

In other words, the Jeffrey thing is profoundly deep, and all we see is a superficial thing. While underneath it is a kind of human aberration, which should be interesting to science rather than to trivial journalism. And sensational journalism. No one is paying attention to what he was afflicted with, with the possibility that other people are afflicted with it, too, and don’t have the money to do it quantitatively like he did. Who knows what lurks out there? How many Jeffreys are there—who don’t have the dough to do what he does, but instead do whatever the hell they do? Who examines sex crimes to determine if they’re really cases of Jeffreyism?

There’s so much there. It is a disgrace to science that what afflicted Jeffrey is not being investigated.

So that’s what you wish people knew about Jeffrey?

I’m saying this to you, that it’s a disgrace to science that what afflicted Jeffrey is not being discussed scientifically, in the event that there are plenty other Jeffreys who don’t have money. It’s an interesting question.
I know it’s very interesting, but I’m just realizing something. I have just gotten myself into terrible trouble and everyone who knows is going to be mad at me—why the hell did I pick up the phone?

Now read the following article by Stanislaw Szukalski.

Anthropolitical Motivations

Wait for the light bulb moment...

p.s. curious quote from 1st article, "And then when I knew him at the very, very beginning, before he was Jeffrey—I knew Jeffrey before he was Jeffrey". What is he talking about?

Posted by: Zack | Aug 25 2019 18:03 utc | 25

Posted by: Sasha | Aug 25 2019 15:23 utc | 6

Zarif's appearance at the G7 summit was indeed a pleasant surprise. It was worth a shot for the French to try to get Trump to personally meet with his "enemy" in the absence of his minders, as he seems to change his tune sometimes when a personal connection is established (e.g., with Kim). Still, I'm not holding my breath that this will lead to any sort of a breakthrough...

Posted by: farm ecologist | Aug 25 2019 18:52 utc | 26

"...Maj. Danny Sjursen: We're Listening to the Wrong Voices on Syria - TruthDig..."

Thanks for that b, a cracking piece by the military man.

Posted by: MadMax2 | Aug 25 2019 19:34 utc | 27

The article about how many intelligence officials (retired) now work for the corporate press is misleading. It does not take into account the "undeclared" operatives such as Anderson Cooper and Rachael Maddow. Cooper went to work for the CIA and they out him in his job, Maddow is a Road Scholar, a trained apparatchik for the elites.

This is nothing new, after WWII, when the press was most compliant and the CIA was formed the press was "taken over" by the newly reforming and consolidating of deep state power. There was Operation Mockingbird which was exposed long ago but nothing changes if they get caught they just reorganize and continue.

Posted by: Babyl-on | Aug 25 2019 19:42 utc | 28

Magnier's Many Mistakes and Possible Misdirection

Once again, Magnier puts his credibility on the line to support a US-Israeli propaganda narrative.

It was judged suitable for the US-Israel Axis and their Middle Eastern allies to watch idly the partition of Iraq, obviously in the hope it might disrupt the “Axis of Resistance”.

"Watch idly?" They were providing medical services, buying ISIS oil, training "moderate rebels" that joined Jihadis of different stripes, and providing advanced weapons. Oh, and they were doctoring intelligence reports to make ISIS seem like less of a threat than it was.

... Iran proves to be holding its ground firmly... It has downed a US drone ... hitting tankers, and confiscating a British-flagged tanker ...

There's no evidence that Iran hit the tankers! AFAIK, credibility for this view comes only from an unnamed Magnier source and the claim itself is counter-logical (as per our discussions regarding issue - especially the claim that Iran removed a limpet mine).

What is happening today in Iraq (warehouses blown-up) is similar to the Israeli style of hitting targets in Syria”, said the source.

No, it isn't. Israel uses warplanes to strike Syria so there's no question of whether it's an attack by Israel. Even covert Israeli attacks in Iraq - which is nominally a government that US is on friendly terms with - would be outrageous.

So it's no surprise that Magnier rows back this claim later, saying:

But to confirm or not the use of “four Israeli drones working as part of the US fleet in Iraq to target PMF” would still be a very early, premature conclusion.

The explosion and destruction of PMF warehouses are in fact only tactical attacks: they do not actually affect Iran and its allies.

Begging the question: why would Israel undertake such meaningless (in the scheme of things) attacks?

Magnier almost answers this question, inadvertently, writing:

Last month, the PMF revealed the CIA connections of Iraqi Brigadier General Mahmoud al-Fallahi, commander of Anbar, who was caught delivering to a CIA agent in Iraq all coordinates of the location of PMF and their ammunition warehouses.

IMO there's a good chance that the attacks are done by insiders/infiltrators that have been recruited by CIA. In fact, just today I saw a news report that US is training Jihadis in south Syria. Israel's hinting that it had a hand in the attack is likely just misdirection and hasbara-like propaganda.

But Magnier leads us away from such a conclusion(!) telling us that:

In Iraq, it is not that difficult to have access to sensitive information. The news of the storage of precision missiles in PMF warehouses is in every mouth.

Posted by: Jackrabbit | Aug 25 2019 19:42 utc | 29

@ Babyl-on | Aug 25 2019 19:42 utc | 28

Pardon a minor correction: Jack Kerouac was a Road Scholar. Rachel Maddow was a Rhodes Scholar.

Posted by: Ort | Aug 25 2019 19:56 utc | 30

@30 ort... i will go with a road scholar over a rhodes scholar any day of the week...

Posted by: james | Aug 25 2019 20:02 utc | 31

@32 jr.. you make a good point... that was what i was initially thinking... maybe we are thinking it thru too much?

Posted by: james | Aug 25 2019 20:05 utc | 32

The G-7 figures are a killer. Thank you for that and for everything else.

I'm thinking they might just as well admit the great country of Ukraine into this huuugely important club. Maybe call it G-seven-and-a-half.


BM | 4

"At the time the cauldron was not yet closed, I think the most natural reflection from outside would be that the SAA wanted to hold as many of the Jihadis in the cauldron as possible and then remove them from the balance sheet of the military equation, as it were."

From the (few) videos that I've seen and from the speed at which it all happened, I got the impression that there were far fewer takfiris in the area than everybody expected. Are they maybe running out of volunteers, already scraping at the bottom of the empty barrel?

Posted by: Scotch Bingeington | Aug 25 2019 20:18 utc | 33

Why neither Trump's "decoupling" nor Carney's "SHC" strategies will work:

It’s all going pear-shaped

Capitalism is the first system where wealth gains life, becomes a consicious subject. It doesn't matter which country produces what and which country prints what: all it matters is the profit rate. Since capitalism reduces all forms of social labor into an abstract substance called "value", they only difference it sees is quantitative: more or less value. Hence capitalism is a system that can be better illustrated as an unstoppable pump of labor and natural resources (labor is only labor when natural matter is transformed on the human image) -- it needs infinite growth to exist (as Marx demonstrated in book II).

Neither Trump's nor Carney's plans will solve capitalism's profitability crisis. Money doesn't have a race or gender, so just exchanging the nationality of the global elite and of the factory worker won't solve the problem.

Globalisation has grown to a halt after 2008 crisis; what we're seeing now is a continuation of that crisis -- in a scenario very similar to the 1930s. Now, even the American alliance is crumbling, for the simple fact there's not enough for every capitalist nation. The 1929 crisis was only solved by WWII; however, this time we have ICBMs and nukes: total war won't solve capitalism's problems either.

Posted by: vk | Aug 25 2019 20:19 utc | 34

@Posted by: farm ecologist | Aug 25 2019 18:52 utc | 26

I am glad Monsieur Zarif has come, and take the opportunity to welcome him in the Basque Country!

"Agur Jaunak", a song which is performed in homage to distinguished, honorable people, for Monsieur Zarif...

It seems that Macron arranged to meet every relevant country´s leader out there, except Xi Jinping....
I am not either holding my breath, taking into account the volubility of The Donald....

Some txaskarrillo heard in the local radio...It seems that the menu chosen by Macron for The Donald´s dinner consisted in Marmitako( typical Basque stew with white tuna, tomato and potatoes, Piperrada( typical Basquea garnish based on red and green peppers, onion, and tomato..), and Gateau Basque ( typical Basque cake )as dessert...all delicious on their own, but combined make for a hard to digest dinner, unless you are going into the sea to fish all evening and night...The Donald could have had to take an antacid....

Marmitako and piperrada for the leaders of the free world

Notice in the photo illustrating how both Melania and Brigitte look the frizzy hair so typical also of the Basque coast ( they only are lacking a surfboard and sent their husbands to go tomar vientos for a while and go inot the sea to catch waves...)in spite of highly likely having been in the hairdresser...There is no brushing nor hair ironing which resist the humid breeze of the Bay of Biscay...whatever you spend....

Posted by: Sasha | Aug 25 2019 20:28 utc | 35

@ DonBacon with the alternative Tulsi Gabbard numbers

Thanks for that even if it makes me sad that Tulsi may not be included. I credit her for challenging the ongoing brainwashing narrative that too many of the public are hooked on.

Posted by: psychohistorian | Aug 25 2019 20:32 utc | 36

@BM #1 & #2
You confuse the role of economist: i.e. purveyor of data - with executive: i.e. decision maker and policy setter.
What Hudson describes is his understanding of actual government policies from his position as a data collector in one of the larger institutions involved in the process. He didn't create the policies - they existed before he joined Chase. Arguably they were in place decades before: the World Bank and IMF were created in 1944 as part of the first Bretton Woods agreement.
Dr. Hudson was born in 1939 to Marxists; I'm 100% certain he wasn't responsible in any way for the creation of the IMF or World Bank or related policies at the ripe age of 5.

Posted by: c1ue | Aug 25 2019 21:10 utc | 37

hey jackrabbit, you're the man, destroyed magnier's reputation with a single blog post.

Posted by: albagen | Aug 25 2019 21:30 utc | 38

@34 vk....

i just re-read all your posts on the last thread.. U.S. Decoupling From China Forces Others To Decouple From U.S. thanks for those posts.. they were very informative! there was no mention of usa going off gold in that same time frame - 1972 area.. i was mildly curious about your thoughts on that and gold in general.. it seems china, india and russia continue to acquire it...i am not a gold bug and don't want to detract from the many informative ideas you bring in the last thread..

here is a quote from your first link @34.. "The US accounts for only 10 per cent of global trade and 15 per cent of global GDP but half of trade invoices and two-thirds of global securities issuance, the BoE governor said. As a result, “while the world economy is being reordered, the US dollar remains as important as when Bretton Woods collapsed” in 1971." this is what i was trying to tell grieved in the previous thread... the usa mimics a bank and this is a lot of it's gdp and growth - in derivatives, currency exchange, and etc. etc. banking / wall st stuff.. the usa has also relied on the imf / world bank providing the loans in us$ thru wall st.. i think this game is coming to an end, as more and more see it for what it is..

i want to ask you what you think the way forward is here, given mark carney and trumps comments at this juncture... what do you envision as a way forward??

Posted by: james | Aug 25 2019 22:00 utc | 39

Main points of Nasrallah speech...

It seems that the two drones attack was unleashed in Dahiyeh a southern suburb in Bierut where hezbollah families, maongst others live, thus a civilian neighborhood, which could have caused loses...Infact some children saw the first drone and started attacking it with stones...then the second drone made a sucicide attack...

This is why Nasrallah has warned...

Sayyed Nasrallah addressed the Israeli troops on Lebanon’s border, “Stand on a leg and a half and wait for our response which may take place at any time on the borders and beyond the borders.”

(“Stand on a leg and a half” means that the Zionist soldiers must keep trembling with fear and wait for Hezbollah response.)

The Israelis must know that their prime minister Benjamin Netanyahu aims at winning the parliamentary elections at the expense of their blood, according to Sayyed Nasrallah who added that the Zionist leader lies to the settlers by alleging that the overnight air strikes targeted Iranian troops in Syria.

“Netanyahu is pulling the Lebanese, Syrian, Palestinian and Iraqi fire to the entity and pushing you into the abyss,” his eminence told the Zionist settlers.

Posted by: Sasha | Aug 25 2019 22:01 utc | 40

Footage of the Israeli drone attack on a car in the middle of crowded Dahiyeh, filmed from a neighbor home...

Posted by: Sasha | Aug 25 2019 22:14 utc | 41

We may not get Gabbard, but George Galloway has just predicted on his show that Sanders will be the Dem nominee.

Posted by: lysias | Aug 25 2019 22:30 utc | 42

On the Gabbard Story--Real Clear Politics did an excellent job of explaining the point-at-issue: the unknown criteria for the polls DNC hasn't told anyone which they are using or why. RT, in a more condensed article cited "Andrew Yang, who has since qualified, slammed the DNC in July for excluding one of two NBC polls he said had reached the 2 percent threshold in, [saying] 'It is frustrating to see the rules be changed mid-game.' The article also cites "Colorado Senator Michael Bennet [who] criticized the process in front of DNC Chair Tom Perez on Friday, saying it was 'stifling debate at a time when we need it most.'

These two important critiques when added to the information provided by the RCP article clearly show DNC manipulating the debate criteria in order to manage who participates. I tried to find updated relevant polling data over the past week knowing the deadline was approaching and its importance to all the candidates, not just Gabbard, but is was very difficult to find just one poll let alone at least 4. IMO, if she's excluded from the next round of debates because the DNC favored polls with tiny sample sizes versus far more relevant polls, then we will again know the Fix is In--Again--but for whom this time.

Posted by: karlof1 | Aug 25 2019 22:36 utc | 43

polls are for idiots... they are excellent massage tools for mindless people...

Posted by: james | Aug 25 2019 22:38 utc | 44

c1ue @37--

Hudson was born to Trotskyites in Minneapolis and he is Trotsky's Godson, a fact he doesn't let out very often.

BM @2--

Hudson analyzed those policies and reported on them, which is what his opus Super Imperialism discusses. Yes, he was provided with some very unique opportunities to learn what he did. Did you know he was offered a position with CIA but declined? Imagine Trotsky's Godson working for CIA! Yes, it did seem to strike him as quite funny.

Posted by: karlof1 | Aug 25 2019 22:44 utc | 45

Zarif tweets from France:

"Iran's active diplomacy in pursuit of constructive engagement continues.

"Met @EmmanuelMacron on sidelines of #G7Biarritz after extensive talks with @JY_LeDrian & Finance Min. followed by a joint briefing for UK/Germany.

"Road ahead is difficult. But worth trying."

I hope we learn more of his meetings. He seems optimistic.

Posted by: karlof1 | Aug 25 2019 22:47 utc | 46

Karlof1 @ 45:

I'm sure that had Michael Hudson accepted a position with the CIA, he would not have been the first or the last person with Marxist, Trotskyist or even more extreme (for want of a better description) socialist connections to have worked for the agency.

Some would say (and many MoA barflies would agree) the grandson of the former head of the Communist Party of the United States of America is working for the CIA in some capacity or other.

Posted by: Jen | Aug 25 2019 23:27 utc | 47

BM @ 1, 2:

Wilhelm Pieper's job as private secretary to Karl Marx was in translating his papers from German to English, starting in 1850, when Marx was establishing his home (and large family) in London and was not yet fully familiar with the English language. Pieper seems to have been in Marx's employ temporarily. He accepted the tutoring job with the Rothschild family in 1852 and that job seems to have been based in Bognor. At the time, I don't think London and Bognor were linked by rail so it is likely Pieper would have had to live in Bognor close to the Rothschild family.

You'll need Google Translate to read this article if you don't know German:

The Marx daughters, although not quite teenage at the time, had a pretty low opinion of Pieper in accepting an easier and more lucrative job.

We can't assume that the Rothschilds in those days were anything like the Rothschilds now or that the banking industry and the social circles which the Rothschilds frequented and the culture they imbibed were similar to their modern equivalents. In the 19th century, for all their wealth, the Rothschilds were subjected to discrimination and denied honours for their work and philanthropy (not just for the Jewish community but for gentiles as well) because of their Jewish religion.

I would have thought MoA barflies were above making the mistake of assuming current sociological and ideological trends and beliefs were present in the past but it seems too many of us here still make that assumption.

Posted by: Jen | Aug 25 2019 23:45 utc | 48

We are one species that can and do learn from each other and share culture positively in many ways.

That said we are infected by a virus of faith that some of us humans are better than others are meant to subjugate others. I don't believe this is true and this is the challenge we must overcome if we are to continue to survive on our fragile spaceship Earth. May the meek win WWIII
Posted by: psychohistorian @ 10

your virus of faith, is a planned, connived result of programming and gating.

Propaganda programming, Institutional programming, Cultural programming, Social programming my mom drives a big car and lives in a Giant house, and has two homes one for the summer and the other for the winter..
Gating where one person is allowed to study in a university while the other person is told to dig ditches
I am better than you at every step of the way..

But what is the way? how is a human mind shaped from birth to death <=it is called experience..
and experiences allowed, happen, or a programmed (teaching, family culture, media movie and the like)
A baby born to Jewish parents in NYC is exchanged for a baby born to Iranian Muslim parents at same date of birth
the parents of each exchanged baby raise the exchanged kid to 25 .. each kid will hate the other and their own real parents.
so the Nation State system programs each born person within its domain ..

This is the most important thing we deal with.. its called experience resulting from gating, propaganda, and programming.
I don't think it is virus, but instead the wealth, power and leaders of the nation states rule and control over those they have the power to govern.

Education is a bureaucracy, learning is a biological activity, The activities to which the learners is exposed (experience)

Posted by: snake | Aug 26 2019 0:44 utc | 49

The American elite is fractured:

Business Groups Warn of Consequences as Trump’s Trade War Spirals

Joshua Bolten, the president and chief executive of the Business Roundtable, an organization representing the leaders of the largest American companies, said on Sunday that many C.E.O.s were already “poised right on top of the brake.”

There are two groups in American capitalist class: one anti-Russia and one anti-China.

The anti-Russia one is the "moderate" group, that still believes China can turn capitalist with due time; they go with Wolfowitz Doctrine, which states Russia, as the successor state of the USSR and heir of its nuclear arsenal, still represents American's strategic enemy.

The anti-China one is the "far-right" group, which believe China is indeed socialist and will become more socialist with time (and, therefore, will transform the world around it socialist). Thy use Huntington's "clash of civilization" doctrine as a screensaver to sell an anti-China rhetoric to the far-right indentured masses, but deep down know the true fight continues to be capitalism vs socialism.

Gramsci once stated that success begins with the correct analysis of the conjuncture. If that is true, then we already know who's gonna win: the anti-China group.

But the Gordian Knot is this: the very existence of two doctrines in the core of the American elite is already evidence the USA is no longer the world's sole superpower. If it was, then there would be no dilemma between the anti-Russia and the anti-China: there would simply be a unified, anti-Eurasia doctrine.

The very fact the American elite now must to compartmentalize its foreign policy is already a symptom of something that resembles a multipolar order: the USA is still the most powerful nation in the world, but now it is the first among equals (as opposed to being the king of nations, the "global cop").

Meanwhile, the post-war alliance continues to crumble. Mark Carney has revived Keynes "Bancor"; this is a last, desperate attempt of the First World minus the USA to preserve their dignity. The IMF already has a currency basket, but the problem is that it cannot force any country to take its loans: nations are still sovereign, and can only be interfered by the IMF if they ask for its interference. What Carney is asking for is literally an institution with absolute governance over all nations, genuine executive powers. Will the American elite -- who has the most formidable Military to date -- accept to relinquish their own power? Spoiler alert: no.

China and Russia have time and peace on their side. All they need to do is wait and continue to do what they are already doing, while Western Civilization continues to degenerate. The problem with this tactic is that the Western elites are not stupid, and will go on the offensive someday.

Russia has another problem: who's gonna succeed Putin after he retires? After the fall of the Romanovs, the Bolsheviks crushed the liberal army ("White Army") and the Anarchist-Nazi army ("Black Army") and were forced to found a new nation under a single party system (since all the other parties decided to form the White Army and fight a civil war, it had to do so because it was literally the only party left alive in Russia).

The intense and chaotic situation of the newly born Soviet Union and the premature death of Lenin resulted in a system with no clear path of succession. Stalin kind of created something that resembled a POTUS by reforming the office of General Secretary of the CPSU. But this was never official in the entire history of the USSR and each death of the de facto commander in chief was succeeded by a bloody palatial struggle. The system finally crumbled when Gorbachev -- the first and last General Secretary to be born after 1917 -- destroyed the CPSU and, with it, the entire USSR.

After the "democratization" (i.e. liberalization) of Russia (now "Russian Federation"), a bad carbon copy of the federal republic was created in a hurry in the vain hope imitating the capitalist system would make Russia as well organized and prosperous as the First World countries. But many mannerisms of the old system remains: there is no obsession in Russia with minority governments, much of the party divisions are artificial (mock liberalism) and, in practice, the important stuff is still decided between oligarchs, what is left of the State machine and the Military.

But now there is a high level of American infiltration in Russia. If, after Putin's death, the liberals make a move to take the government and do a Yeltsin 2.0, it will be up to the Military (hopefully) to make a decision. Depending on how this trade war between China and the USA will be at that point, things could pend to one side or the other. My high-risk bet here is that, 10-20 years from now, there will be a chance Russia may speculate with going back to socialism but "with Chinese characteristics" (if China is "winning" the trade war).

Posted by: vk | Aug 26 2019 0:46 utc | 50

karlof1 @43

Michael Tracey is the one that wrote the RCP article and also has a video on the topic. He also does a great job calling out the Russiagate BS.
“Tulsi getting screwed by the DNC”

There is only one more qualifying poll Monmouth ( tomorrow) before the debates and she needs two more. Even though the she has qualified in numerous polls such as the Boston Globe that are not allowed by the DNC. Yes they screwed her.
“It's Official--Tulsi to be Screwed Out of 3rd Debate!!”

I have been for Tulsi because of her foreign policy and wanted her to be able to give voice to her position during the primary so as to move Bernie to improve his foreign policy positions and also the public. Tulsi was the one who quit the DNC during the 2016 primary over how Bernie was cheated, so is not afraid to stand up to power - and why they hate her. I believe that the Democratic leadership does not want Tulsi in the debates because they do not want her to take out another candidate like she did in the second debate to Harris at -12% at around 5% now - not a top tier candidate now.

I am loving now how Bernie is taking on the corporate media and their BS to their faces.
“Bernie Sanders took a well-deserved shot at The Washington Post this week, saying that the Jeff Bezos-owned paper doesn’t like him because he routinely goes after Amazon for the horrible treatment of their workers. NBC wasn’t too happy about this, and claimed that Bernie was assaulting “the free press,” and said his attacks were just like Trump’s”

The powers that be really wanted Joe Biden, but it will become obvious in the coming months that he has serious cognitive issues - ( ). The only other viable candidate against Bernie is Warren , which it appears the elite are falling in love with. Warren didn’t become a Democrat until 2011 or when she was 62. In the 90’s Warren was on the side of Dow Chemical in the breast implant cases, helping to reduce payouts to the victims. She will be like Obama - Hope and Change during the election and Neoliberal when president. I read the NYTimes to see what the Oligarchs are up too. They have given numerous hit job articles to Bernie, while all of Warrens - including today - are glowing. That should be a clue about Warren. Also in 2016 she sided with Hillary, not Bernie.

Posted by: Stever | Aug 26 2019 0:59 utc | 51

To snake (Aug 26 2019 0:44 utc | 49):
I think it is important for people to understand that most (or maybe all) of it we do to ourselves as individuals thus my previous mentions of imprinting.

Yes it is taken advantage of but we can stop that or at least oppose it by identifying when we (not anyone else) imprint on the abstract (eg.: thoughts, ideologies, numbers, methodology/science, religion etc. or even experience in the form of memories) and thus make ourselves slaves.

Posted by: Sunny Runny Burger | Aug 26 2019 1:05 utc | 52

Stever @51--

Thanks for your reply despite the bad news! On the China thread, I just opined that Trump won't be renominated, for which he'll be very happy. So, IMO 2020 will see a new POTUS.

Posted by: karlof1 | Aug 26 2019 1:16 utc | 53

vk 50

I have watched a number of Russian ambassadors and so forth speaking. Perhaps they do not quite have Putins ability but they will continue what he started. There are certainly more Lavrov's moving up the chain. Putin has done the hard yards in laying the foundations.

Posted by: Peter AU 1 | Aug 26 2019 1:20 utc | 54

Galloway is right.
History is not going to repeat itself.
Sanders was cheated out of the nomination last time.
The DNC will try and cheat him again this time. They may well succeed.
But this time Bernie, a very patient tactician, will not go quietly. If he is cheated he will walk out of the convention and a majority of delegates will leave with him. The result will be a new party and the end of the Democrats in their current form. The choice for the corporate Democrats is very simple: they can either accept the people's choice or die fighting for a cause that only the 1% and their media choir believes in.
The Fix is in, alright, but this time their victims have a plan. My guess is that an alternative venue for bolting delegates in Milwaukee has already been chosen.

Posted by: bevin | Aug 26 2019 1:30 utc | 55

Not that it's a smoking gun for b's hunch, but Israeli politicos agree that the Iraq revelation is internal political theater:

Posted by: fx | Aug 26 2019 1:45 utc | 56

@ bevin # 55 with the DNC convention scenario

I hope you are correct. I am not as optimistic. What if they push Warren and scream sexism and such? I think they know that Biden is too long in the tooth and failing in public

I still believe that Trump will declare US bankruptcy before he leaves office and think of the firestorm that will ignite, not just in the US but world precipitous is this US market crash that seems to be starting?

Reading that Marcon invited Zarif for consultation under the nose of Trump does give me pause to think that there is a schism among the top elite that we are starting to see serious evidence of but still don't know who is on which "side".

Posted by: psychohistorian | Aug 26 2019 2:04 utc | 57

another great piece from Andrei ...No wonder they want Greenland, can't have those nasty Russkies controlling the Northen Sea route can we ..

Posted by: Maximus | Aug 26 2019 2:30 utc | 58

I hear the Su 57 will be fitted with hypersonic air to air missiles ... stick that up your pipes f-22 and f-35 ..

Posted by: Maximus | Aug 26 2019 2:35 utc | 59

Bevin @55

"But this time Bernie, a very patient tactician, will not go quietly. If he is cheated he will walk out of the convention and a majority of delegates will leave with him. The result will be a new party and the end of the Democrats in their current form."
- The result will also be four more years of Bolton and Pompeo running our foreign policy, and almost certainly a war with Iran.

Posted by: Schmoe | Aug 26 2019 2:56 utc | 60

Global Times:

"China unfazed by swaying US policies."

China remains calm. It knows it holds the superior hand. IMO, Trump has checkmated himself because he's tired of playing the game, wants out to play his own specific games and reap the profit from the chaos he's sown. His threat destroyed his political future, which is precisely why he made his pronouncement. I just hope he doesn't resign and allow Pence to become POTUS. Read his further G-7 tweets. Macron, the man he tried to cutdown to a toddler, upstaged him by inviting Zarif to talk on the sidelines, which was clearly the last straw, which explains his "I didn't really mean it; we're still friends with China" tweet. Trump's 73; he wants to enjoy his riches before he dies.

Posted by: karlof1 | Aug 26 2019 3:08 utc | 61

I came across this on the Syrian Observatory For Human Rights website (strangely enough it can actually be a useful resource at times):

Daraa Province – The Syrian Observatory for Human Rights: the Syrian Observatory published on the 17th of August 2019 that the insecurity in Daraa province and the reconciliation areas continue to be a fertile ground for the activity of the anti-regime groups and militias, in addition to the revenge killings, where the Syrian Observatory for Human Rights learned that gunmen shot the imam and preacher of a mosque in Alam town in the eastern countryside of Daraa which killed him, and sources of the Syrian Observatory said that that the imam is a regime agent and holds a security card and he has a bodyguard.

The Syrian Observatory published on the 16th of August 2019 that the Syrian Observatory for Human Rights monitored a new assassination in the western countryside of Daraa, in the light of the security chaos that controls the province, where unknown gunmen shot 2 members of the “4th Division” of the regime forces in Nahj town west of Daraa, which killed them immediately.

SOHR published on the 24th of August 2019, that it learned that unidentified gunmen shot the chief of the local council in Al-Muzayrib town in the western countryside of Daraa, who is close to the regime forces, which resulted in his instant death.

And the SOHR published on the 23rd of August 2019, that the province of Daraa is still witnessing a state of continuous security chaos, where unidentified gunmen targeted one of the people close to the regime and known by his strong ties with the commanders of the “Lebanese Hezbollah” and works as a adviser of the international and diplomatic relations, where he was shot in Tasil town in the western countryside of Daraa, which injured him seriously.

also the Syrian Observatory published yesterday that 2 unidentified gunmen on a motorcycle assassinated a member of the regime forces by shooting him in Sheikh Saad town in the western countryside of Daraa, which killed him immediately then they fled, and the Syrian Observatory published yesterday that the province of Daraa is still witnessing security chaos and targeting operations against members of the regime forces and gunmen loyal to them as well as the members of “reconciliation deals”.

If these reports are true it means the "Syrian opposition" is still actively killing and terrorizing people in an area where the Syrian government is back in control. There is a very good chance the killers are being facilitated or "helped" by the nearby US military base in Al-Tanf. The shooting war is over in much of Syria but western regime change hawks and their many proxies will do everything they can to prevent the Syrian people and their government from rebuilding the country and moving on. They are also trying to grind Russia and Iran down by getting them to spend massive amounts of money and resources plugging up a proverbial dam that keeps "springing" new leaks.

The empire thinks it can prevent China, Russia and Iran from gaining economic and military power by throwing roadblocks in their way. A proxy war here, a color revolution there and, of course, trade wars and economic sanctions. Countries like Syria are used as staging grounds for endless low level proxy wars and many millions of citizens are expendable pawns to be killed or otherwise sacrificed in the name of buying the empire a few more years of reckless plunder.

Posted by: Daniel | Aug 26 2019 3:39 utc | 62

@50 vk - "If, after Putin's death, the liberals make a move to take the government and do a Yeltsin 2.0, it will be up to the Military (hopefully) to make a decision."

I'm hopeful with regard to Russia's future, although I agree totally that world history itself can easily hinge on its future shape, such is the scale of its importance.

There's a piece at the Saker you may find interesting, a great translation of Russian analyst Aleksandr Khaldey by Ollie Richardson and Angelina Siard. It concerns Putin's moving Glazyev from the role of advisor to the role of helping with the integration of systems between Belarus and Russia in its new union.

This appeared to many to be a demotion - thus speaking poorly for the future of Glazyev's anti-neoliberal, semi-socialist economics - but Khaldey explains how this is actually a far-reaching move towards a future system for Russia.

What does Putin’s staffing decision vis-à-vis Glazyev mean?

Glazyev in Russia could not implement his recommended policies, because the fifth column opposition is too strong - nor did Glazyev ever bother to fully elaborate and apply real-world rigor to his proposals. But Putin seems to be moving strong people into this new union with Belarus, and perhaps this is to create a new system from the outside. Khaldey makes the point that a system can only be changed by another system.

In his new role, Glazyev gets a chance to implement what he had no opportunity to implement in Russia. In the Union State of Russia and Belarus, which Mikhail Babich is engaged in along with integration with Kazakhstan and Kyrgyzstan, it is not necessary to break the established financial structure, as it was done in Russia, but to build a new one from scratch.

This makes the task much easier and creates opportunity to then change the Russian system in order to put it into the integrational system. This is another agenda where Glazyev’s economic platform, in connection with Babich’s political resource, already not only will provide an opportunity to implement the integration concept under the auspices of Russia, but also will create a certain platform for consolidating of the illiberal counter-elite, the necessity of which has been discussed for so long by political scientists.

There's a lot of material in the article that fits much of what we already have seen of Putin's extremely cautious approach when dealing with the enemies of his country. Putin is a general who will maneuver in the hills for a decade, waiting for the jugular to be exposed to the killing blow. And he knows this is his last term - although he can live for a long time yet as an elder statesman.

Much, I suspect, is moving quietly below the surface. This situation is one to watch over the months and years.

Posted by: Grieved | Aug 26 2019 3:59 utc | 63

@ Daniel 62
You list five or so murders in Daraa over a week or so. There are about ten a week in Chicago.

Posted by: Don Bacon | Aug 26 2019 4:39 utc | 64

@ karlof1 61
China remains calm. It knows it holds the superior hand
. . .from AsiaTimes: (extract)

Donald Trump’s dance of defeat
China has already won the critical engagement in the conflict between Washington and Beijing

China has triggered a global network effect that begins with the domination of ultra-fast wireless broadband and extends to e-commerce, finance, logistics and transportation – the means to commercialize the labor of billions of people in the Global South. China’s lead in 5G also gives it a head start in a vast array of industrial and consumer applications. Of these applications, the one that most unnerves the American security establishment is quantum cryptography, a technology pioneered by China that is theoretically unhackable.

America’s trade deficit with China is a minor issue next to the tech war the United States is losing. China’s biggest exports to the United States are low-value-added consumer electronics, products that the United States lacks the skills and supply chain to make, and doesn’t want to make, because the labor is paid below American standards. The US has lost the first decisive engagement of the economic war with China. To my knowledge, Washington has no plans to revive American production of key technologies, nor any plans to put the resources into R&D that would enable the US to counter China’s advantage in some key technologies. . .here

Posted by: Don Bacon | Aug 26 2019 4:53 utc | 65

I'm beginning to realize that the best economists are Marxist. It's worth repeating the link that karlof1 posted to the Michael Hudson and Steve Keen 2016 conversation:

Keen, Hudson Unpick Historical Path to Global Recovery

In the discussion, both Hudson and Keen allude to themselves as Marxist in their economic understanding. Michael Roberts, whom vk has drawn from somewhat in his great economic comments here lately, describes himself as a Marxist economist.

Marx himself was a Marxist economist, of course. I read an essay of his years ago, and immediately recognized that he was a very good economist. I had read many economists at that point, and found the field filled with muddy water. Marx was very clear on what was real about money and credit and labor and capital and production. His essay spoke of realities one could observe and verify. Hudson called Marx the last classical economist and I accept this.

Why is it that to understand capitalism we have to read Marxist analysis? Why is Marxism thought of as some kind of non-capitalist, non-economic theory? The political threat has covered up its economic clarity. But in fact all the Marxist economic thought that I can see is simply the very best economic thought - not so much opposed to capitalism as trying to shape it into a sane form.


I'm absolutely no scholar, in any field, but I do try to know enough to take an accurate view on a thing. So, in my simplistic way, I'm coming to think of Marxist analysis - loosely called, and give me some license here - and socialism as the natural evolution of capitalism, the mature version, one might say.

In this view as we look at the undoubted arising of socialism in the world, we don't have to see this as some kind of antithetical system that means to throw down capitalism. But capitalism sees it this way, and chooses to attack it as enemy. And this is the juvenile refusal of capitalism to evolve and mature into its better version.

Of course to evolve, capitalism would have to give up the plunder, and I suppose the greed has taken too deep a root by now. But perhaps over time it can take the lessons from socialism all over the world, and its populations will turn on their slave-masters, and if there's anything left of the planet by then, we'll have some decent economic systems.

These are just some raw thoughts, hobbled by a lack of scholarly knowledge. But I find it useful to think of capitalism as simply the recalcitrant predecessor to socialism. It seems to make a geopolitical difference if this is so - what with the tides of history and such. Or else, if not the predecessor then the anomaly, the deviation, like cancer, from the healthy human norm of socialism.

But either way, in this view, capitalism is temporary, unsustainable and destined to be replaced by socialism - since the other choice, of barbarism, we already have.


My apologies if I'm repeating things others have said and I missed it all.

Posted by: Grieved | Aug 26 2019 5:13 utc | 66

Grieved @66--

"Why is it that to understand capitalism we have to read Marxist analysis? Why is Marxism thought of as some kind of non-capitalist, non-economic theory? The political threat has covered up its economic clarity. But in fact all the Marxist economic thought that I can see is simply the very best economic thought - not so much opposed to capitalism as trying to shape it into a sane form." [My Emphasis]

Bravo!! You've written precisely what I've been showing and hoping folks would see. As I wrote quite awhile ago, Marx wanted/hoped/yearned for Capitalism to succeed so it could get beyond itself to the greater plane of Socialism and a vastly improved society. As with all Classical Economists, his/their primary enemies were the banks and monopolies which were often in the hands of hereditary oligarchical families. They combined forces after the 1848 Revolutions and US Civil War to defeat them; and as Hudson relates, they've won up till now.

Posted by: karlof1 | Aug 26 2019 5:52 utc | 67

Wait for the light bulb moment...

p.s. curious quote from 1st article, "And then when I knew him at the very, very beginning, before he was Jeffrey—I knew Jeffrey before he was Jeffrey". What is he talking about?
Posted by: Zack | Aug 25 2019 18:03 utc | 25

The light bulb moment is already here.
Xymphora recently drew attention to the stream of consciousness which has noticed that the (Holier than Thou) #Me Too movement is silent on the plight of the female victims of the Epstein saga.
The insinuation being that #Me Too doesn't care about females presumed to belong to the Trailer Trash end of the Social Spectrum...

Posted by: Hoarsewhisperer | Aug 26 2019 6:05 utc | 68

And let us not forget that lost under the extolling of Chinese virtue lies one inconvenient fact: wealth inequality is great and growing in China along similar demographic lines as in the also heinously unequal US.

And both gaps are expanding as we stand in the future shadow of a coming global meltdown propelled largely by the nationalist impulse to tear down something which can't possibly be rebuilt through nationalism.

Posted by: donkeytale | Aug 25 2019 9:08 utc | 116

Posted by: donkeytale | Aug 26 2019 6:33 utc | 69


Led Zeppelin cover by a Balalaika group: Stairway To Heaven (vid)

I can only respond to this with a koto/shakuhachi cover of Stairway To Heaven.

Also: a Vo pole beryoza stoyala/Du Riechst So Gut mashup played on balalaikas, domras, flutes, accordeons, musical saw and clavichord gusli.

Posted by: S | Aug 26 2019 6:44 utc | 70

Nasrallah's account of the Israeli drone attack seems almost comical:

“The first drone was a reconnaissance drone and was not carrying explosives and was trying to transmit accurate footage of a certain target... Young men started hurling rocks at the drone and it was hit by a rock. It is not clear whether it was downed by the rock or by a technical malfunction,” he explained."
but it's plausible that Israel would use a something like a quadcopter, which is small and can move in close to monitor the target of the second (killer) drone.

Nonetheless Israeli commentators are trying to dismiss the quadcopter story, maybe because it's too embarassing for Israel.

If the story is true, that's another drone for Iran and its allies to add to their collection that they can analyse and clone.

Posted by: Brendan | Aug 26 2019 7:43 utc | 71

@ Grieved | Aug 26 2019 5:13 utc | 66

The most significant obstacle to establishment of communism is found in the Manifesto itself: (regarding mis-appropriation and exploitation of the many by the few) "In this sense, the theory of the Communists may be summed up in the single sentence: Abolition of private property." Abolition of private property is the abolition of privacy. Therefore, moving "beyond capitalism" means the abolition of privacy. How many people gonna go for that? (Besides the obviously exceptional specimens of selfless humanity represented here at MoA?) Do you really believe that privacy=greed?

Posted by: Anacharsis | Aug 26 2019 7:54 utc | 72

@60--the result of cheating bernie? then by all means don't cheat him this time, seems simple enough if avoiding 4 more years of trump and war with iran is the goal.biden isn't going to beat trump, anyway, nor harris.

Posted by: pretzelattack | Aug 26 2019 9:09 utc | 73

Posted by: Jackrabbit | Aug 25 2019 19:42 utc | 29

Actually, I agree Magnier's story about the so-called Israeli attack is not that great. His source seems to be just the Iraqi street, because Iraqis just can't keep their mouths shut, as others do. Though I have great respect for such an experienced journalist, it would be better to have something a bit more precise than street rumour. Not information from on-site, but what his friends in Baghdad are saying.

Posted by: Laguerre | Aug 26 2019 9:22 utc | 74

re Jen @47

During the Popular Front - WW2 period some Marxists did indeed enter or work alongside the sercurity services of the Western capitalist states. With the rise of fascism and the adoption of social democratic measures in the West, a new political alignment seemed to be forming. With Germany and Japan rampaging through Europe and Asia, Western intel turned to Marxists for their expertise in clandestine organisation and unconventional warfare (often honed in opposition to these same intel agencies). DSA mouthpiece Jacobin has an interesting article on Tom Wintringham, a British Marxist who set up a centre for unconventional warfare to train the Home Guard to resist a Nazi occupation.

In Asia, Britain turned to the same Malaysian Communists they would massacre in the 50s to resist Japan. The OSS did the same with Ho Chi Minh's Viet Minh. With the onset of the Cold War and the sidelining of people like Henry Wallace who wanted to continue the antifascist alliance in pursuit of a 'Century of the Common Man", the Marxists left or were purged. Although some scoundrels abandoned their pretense of being Marxists to become the first neocons (a fact that will be forever thrown in Marxists' faces). Some argue that the neocon episode indicates some kind of affinity between Marxism and Western intel (usually devolving into "you know they're all Jews right?"), but it's harder to make those arguments about Ho Chi Minh or the Malaysian communists. It was simply the historical conjuncture of WW2 tbat resulted in a temporary alignment of interests.

Great to see Marx discussed in such depth on the open threads, thanks to vk in particular for the insightful presentation of his labour theory of value etc. Doing politics and economics without Marx is like doing biology without Darwin, much appreciated.

Posted by: Paora | Aug 26 2019 9:24 utc | 75

S 70
Thanks for putting up the link to the Japanese version of Stairway To Heaven.
A little magic where east meets west.

From eastern Russia and Mongolia.

Posted by: Peter AU 1 | Aug 26 2019 10:16 utc | 76

Another reported Israeli airstrike inside Lebanon, this time possibly by IDF fighter jets:

How long until Hezbollah responds, and how will they respond? Nazrallah already warned Israel after the 'failed' drone attack, and now this. Not good.

Posted by: EtTuBrute | Aug 26 2019 10:26 utc | 77

@vk #50
You are confusing political groups with business groups.

Posted by: c1ue | Aug 26 2019 10:54 utc | 78

@Grieved #66
Marx and his economics successors have done great work in understanding the relationship between labor and capital, but they don't do a good job at all in understanding either human nature or how capitalism actually works on long time scales.
Re: human nature. Marx assumed that the type of behavior which workers exhibit, would carry through as they gained power and influence. This is patently untrue as can be seen both with labor union leadership (in the West) and bureaucrat control over the economy (successive generations in the Soviet Union).
Marx also didn't look very closely at how Capitalism actually functioned: the US had wave after wave of booms and busts in its capitalism economy. Europe - not so much, in significant part due to entrenched interests and monarchy. Minsky does a far better job in explaining real world capitalism.
Lastly, Marx and successors don't do a very good job with macroeconomic growth. Whatever you want to say about the Fed - the reality is that the US stopped having decadal booms and busts after its creation.

Posted by: c1ue | Aug 26 2019 10:59 utc | 79

@donkeytale #69
I've written before: China's inequality is growing, sure. But Chinese at all levels of their economy are seeing their lives visibly improve every year.
Neither Americans nor Chinese really care if one or more of their peers gets rich, so long as they themselves believe their lives are improving and that their children have equal opportunity.
The problem in the US is that American lives aren't getting better, and American children's prospects are worse than their parents at the same age.
The same can be said for much of Europe.
That a select group of Americans is getting richer than ever before is a problem only because the dichotomy in outcomes causes people to (rightly) believe that the wealthy people's enrichment is coming at the regular and poor people's expense.

Posted by: c1ue | Aug 26 2019 11:04 utc | 80

Regarding US militarism:
This is an excellent overview on the historical military antagonism the US has had for Russia.
Note at 41:14 - 23 US ELINT planes shot down when intruding into Russia in order to get the Soviets to turn on their radars, so that the US could map out the Russia's aerial order of battle. Because mapping out another nation's radar/aerial defenses is all about "defense".
Plus mentions of 400+ balloon and U2 visual and ELINT overflights - with no self-inspection regarding likely US reaction to Russian surveillance overflights - had they ever happened.
What is interesting is the blithe statement by the speaker that the Soviet Union was intent on destroying the US - that the Cold War was all about the US defending itself from a hostile foe.
No mention, of course, that the US had been economically attacking the Soviet Union literally since its inception.

Posted by: c1ue | Aug 26 2019 11:11 utc | 81

Russian air defense technology continues to fail utterly in Syria. Is this by nefarious back-stabbing design or is it bad technology that has been oversold or both? Presumably it's both. I think Russia wants Syria's air defense to be impotent, but at the same time they would like it to show just a tad more prowess, if only because that would have commercial implications for Russian weapons sales. Israel's total command over Syrian air space probably makes more mockery of Russian technology than Russia really would like. Regardless, Putin takes his orders from Netanyahu and is very happy to do so.

Speaking of Marx and technology: growing inequality is a huge problem if you think human beings should live in democratic societies that are reasonably fair. If you think that oligarchy/feudlism/top-down control is the best kind of society, then it's not a problem at all.

Re. Marxism's lack of success over time: history has taught us that the Western elites (that we aren't allowed to talk about) are more than willing to slaughter any and all socialists that gain real power. Supposedly a million were slaughtered in Indonesia, for example. That is why Indonesia is a right wing state today.

This kind of utter brutality is what has prevented socialism from gaining traction. Human slaugher 'cures' ideas the elites don't want. They treat socialist ideas like viruses, one could almost say. Destroy the brains that contain the ideas and you've destroyed the ideas. The rest will be intimidated. I guess you can't intimidate viruses, but you can intimidate human beings. Believe it, if socialism were to gain serious political traction in the US any time soon, we'd see quite a slaughter here too. The oligarchs believe that they have won the 'historical dialectic' and they will not give up their winnings without subjecting the people to oceans of blood.

Now the Hegemon is in the process of sweeping up the remaining regimes in the world that resist the rise of the global totalitarian capitalist state. There is no workable global resistance to this. The few countries that seek to resist this are easily isolated and 'dealt with'. China and Russia put up little more than token resistance, as their own respective elites seem to want a cut of the global pie, but that is all. The Hegemon is quite happy to allow states like Syria, Venezuela and Iran to sink into sanction-driven hell, because it serves as a solid lesson to the other countries of the world. Don't eff with the Hegemon and its drive to global dominion.

Potent air defense and global solidarity would stop the Hegemon and make space for a better, more democratic, more free, more diverse human future; there would not even have to be any loss of life. As long as countries that resist can be effectively isolated, though, and plunged into hell -- if not outright conquered, picked off one-by-one -- talk about the Hegemon losing its grip (which we constantly see in the alternative media) is nonsense.

Posted by: paul | Aug 26 2019 11:36 utc | 82

When ISIS still held ground in Iraq, US air strikes were hitting the popular mobilisation forces.
When ISIS was defeated, Israel started hitting them. The recent explosions. Perhaps due to heat, but apparently the munitions were stored correctly for the climate. Israel was using US bases and refueling for strikes in Syria. Any reason they would not use US bases in Iraq for sabotaging munition storage.. Drone strikes on the PMFS after the ammo dump explosions.
Magnier is poor on Russia and US intentions, but the best in the field when it comes to the region.

Posted by: Peter AU1 | Aug 26 2019 11:37 utc | 83

I suspect that Marx's biggest error was that he underestimated the dishonesty, cruelty and brutality of the capitalist elites. They will do anything to 'win'. Literally anything.

Posted by: paul | Aug 26 2019 11:42 utc | 84

Interesting piece from Tasnim a few days ago.
"Iran has come into possession of advanced laser cannons which are used to protect the country’s vital centers, a deputy defense minister said."

Syria and Iran gain defense tech from Russia, Yemen gains defence tech from Iran. Becoming a high tech crescent of resistance.

Posted by: Peter AU 1 | Aug 26 2019 12:02 utc | 85

About China's consumption levels:

China's consumption market witnesses drastic changes, keeps expanding

According to NBS, China's total retail sales of consumer goods stood at 27.7 billion yuan ($3.9 billion) in 1952, reaching 150 billion yuan 26 years later. It crossed the 20-billion-yuan [sic!] mark in 2012 and then reached a new high of 38 trillion yuan last year.

The total retail sales of consumer goods in China grew an average of 11.6 percent each year from 1952 to 2018, witnessing China's great leap in consumption over the past 70 years.

Urban Chinese residents owned 121.3 TVs, 97.7 washing machines and 100.9 refrigerators per 100 people by the end of 2018, while the figures in 1981 were only 0.6, 6.3 and 0.2, respectively.


Jing Linbo, dean of the Chinese Academy of Social Sciences Evaluation Studies, noted that by establishing a market economy mechanism and attracting foreign capital, China has not only enriched supply in the domestic market, but also introduced global competition and injected energy into the quality development of its consumer market.

This clearly illustrates how the Chinese learned with the Soviet mistakes. When Gorbachev took power, one of his first speeches were about the poor quality of durable consumer goods of the Soviet Union in comparison to those of the West (the non-consumer goods of the USSR continued to be top-notch, as Russia's military and nuclear energy is showing the world right now). The Soviet system was awful for consumer goods (specially entertainment-related products) for many reasons which I won't list here.

A market economy is very good to allocate resources when we're talking about non-essential products (and specially superfluous products like entertainment). China realized that in the end of the 1970s (when Soviet stagnation was already apparent), and begun to use the market device to improve and better allocate its consumer goods. That's where most of its private business is at:

The number of entities in China's real market hit 100 million last year, and 18,400 new enterprises were established every day. Before the reform of the business system in 2013, the country had 11.4 enterprises per 1,000 people, while the number has now more than doubled, reaching 23.9.

But the strategic means of production continues to be public. That's what people don't understand when addressing Chinese socialism: the private sector exists, but is in contained.

Posted by: vk | Aug 26 2019 12:05 utc | 86

Houston, we have a problem

Astronaut Anne McClain is facing the first allegation of a crime committed in space, reports The New York Times. McClain's estranged wife, Summer Worden, accused the astronaut of accessing her bank account while on a six-month mission aboard the International Space Station.

The pair have been in the midst of a separation and custody dispute over Worden's young son for the majority of the past year, according to The Times. Worden became suspicious when she says she discovered that McClain knew details about her spending.

Posted by: NASA spy | Aug 26 2019 12:44 utc | 87

For all connoisseurs of Asian interpretations of Western classics, Luna Lee, playing a Gayageum, a traditional Korean zither-like string instrument similar to the Japanese koto, has an incredible repertoire.

Some of my favorites:

Pink Floyd - Another Brick In The Wall

David Bowie - Space Oddity

U2 - With or Without You

Dire Straits - Sultans Of Swing

Posted by: Juan Moment | Aug 26 2019 12:45 utc | 88

Hong Kong software engineers have published warnings today against using Telegram to coordinate protests due to an issue in the instant messaging app.

They say the discovered issue can allow a threat actor, such as Chinese law enforcement or intelligence services, to obtain the phone numbers users utilized to register a Telegram account, which authorities can then track down to protesters' real-world identities.

The issue is especially dangerous for protesters who have been very active in public Telegram groups, either arranging or urging other users to attend protests.

Posted by: HK citizen | Aug 26 2019 12:47 utc | 89

Common truth:

How fewer problems were there in the world if there weren’t Israel.

Posted by: ABC | Aug 26 2019 13:11 utc | 90

I know this article has already been published here, but I think there's a bunch of other information which can be inferred from it:

Donald Trump’s dance of defeat: China has already won the critical engagement in the conflict between Washington and Beijing

[note: I'm almost sure "Spengler" is another name for David Goldman]

Here we have a picture of how the USA works:

The Trump administration might have tried to persuade US companies to enter the field, but it showed no interest in creating an American national champion to compete with Huawei.

America’s trade deficit with China is a minor issue next to the tech war the United States is losing. China’s biggest exports to the United States are low-value-added consumer electronics, products that the United States lacks the skills and supply chain to make, and doesn’t want to make, because the labor is paid below American standards.

The US has lost the first decisive engagement of the economic war with China. To my knowledge, Washington has no plans to revive American production of key technologies, nor any plans to put the resources into R&D that would enable the US to counter China’s advantage in some key technologies.

Why is that?

Because the USA is a capitalist economy. In capitalism, the economy is planned based on the social rate of profit, not on national interests. Capitalists will only invest when this investment is able to at least recover them the social rate of profit.

For capitalism, what matters is only profit -- not "freedom", not "democracy", not the welfare of the people.

That's why I doubt Trump will be successful with his "decoupling"; or that, if it happens, it will be peaceful.

Posted by: vk | Aug 26 2019 13:18 utc | 91

An excellent article by Alistair Crooke regarding the widely telegraphed "recession" of 2019 (due very shortly."
Crooke reminds us that Hitler's project was to make Germany into an eastern reproduction of the USA, with slavs playing the parts of aboriginals and Mexicans. Karl May has a lot on his conscience.

Talk of the looming debt leads one to wonder exactly how it happened that Syriza-on the verge of authorising a forensic audit of Greece's debts and armed with a clear mandate, after a referendum, from its electorate, suddenly folded and accepted an agreement with its creditors that the people had already rejected.

The obvious basis of any cancellation of state debt has to be a proper audit to separate real from odious obligations. The problem that the US has, and has had since 1914, is that a growing proportion of the money owed it is for weapon purchases. The US has been running a protection racket of increasing size and complexity for more than a century-if that debt is not odious....

Posted by: bevin | Aug 26 2019 13:27 utc | 92


As I see it, capitalism had it that capital and markets rule, whereas communism had it that everything (including initiative) be centrally controlled. Both are extremes.
The so called west is still in extreme capitalism, whereas Russia and China have moved from communism to pragmatism. A balanced society and economy. Likea balanced diet. A little of everything.

Posted by: Peter AU 1 | Aug 26 2019 13:44 utc | 93

Another article worth reading. In this case a long explanation, by a fine historian, of the origins of the Hitler Stalin Pact in 1939.

Posted by: bevin | Aug 26 2019 14:24 utc | 94

Posted by: bevin | Aug 26 2019 13:27 utc | 93

Crooke reminds us that Hitler's project was to make Germany into an eastern reproduction of the USA, with slavs playing the parts of aboriginals and Mexicans. Karl May has a lot on his conscience.

I doubt it.

"Colonizing the East" had been a Prussian-German project since the Middle Ages. It used to be the pet project of the Prussian agricultural warrier class East of Elbe.

If you compare voting patterns from 1933 to today's main vote for AFD you get the same map.

Hitler liked Henry Ford (and Henry Ford Hitler) and had quite a few prominent US supporters. He certainly was used by US/Britain in a geopolitical game against the Soviet Union.

Posted by: somebody | Aug 26 2019 14:24 utc | 95

Oil from tanker "Adrian Darya 1", formerly "Grace 1", has been sold

The tanker's steadily heading towards the Eastern Med, well south of Crete. And here I thought it would unload at the Port of Trieste, Italy...

Posted by: Scotch Bingeington | Aug 26 2019 14:52 utc | 96

@ Posted by: bevin | Aug 26 2019 13:27 utc | 93; @ Posted by: somebody | Aug 26 2019 14:24 utc | 97

There's this myth (still very well alive, as I see it here and elsewhere) that Hitler was some kind of economics genius, with a clear-cut idea of system that could well rival both socialism and capitalism. This is not true.

Hitler was a very talented orator and politician of his times. But he was not an intellectual: there is not Hitlerian theory.

By what we can recover from surviving documentation and by what was concretely made with Germany's economy during the 30s and WWII, we can observe that he amalgamated many of the common senses prevalent in Germany of his time in a very loose and faint image of an ideal nation.

Mein Kampf is no scientific or philosophical book, and Nazifascism is not a theory in the rigorous sense of the world. The best you can say about Nazifascism is that it is a political doctrine within the larger political spectrum of liberal democracy.

Posted by: vk | Aug 26 2019 14:55 utc | 97

@ s and juan moment... thanks for the music videos!

@92 nobody... the more people are made aware of ned and other such organizations that support ngos in faraway places, the better... i am sure venezuala and etc. are aware of this game the usa has going..

Posted by: james | Aug 26 2019 15:28 utc | 98

It has been a long time since I completed economics class but here's my own outside view. I am aware of quants and such and that perhaps there are those who do see things a little bit this way or pay a little bit of lip service to some of it but I don't think anyone I've heard of really gets it (I haven't read everything he has written but i think it goes for Nassim Talib also).

I am not going to discuss macro-economics in detail for the reason which is obvious if one understands this point but I still want to make it: economics is organic.

Organic in the same sense as one has organic city development as opposed to planned city development.

Additional points:

1. Yes people can apply skill and experience to construct partial artificial overlays that seem to have explanatory power and at least sometimes give the results they want but for the most part their only function is to create spheres of influence of a common economic language that people can adhere to: a faith.

2. There are many of these "languages" competing but all of them equally ignore the organic nature and constant organic change taking place. No matter what they call themselves (Marxism in a thousand flavors, Libertarianism in a thousand flavors, attempts to mix and match) or others call them ("Capitalism" is a name given by Marxists to "not-Marxism", there is not really anything such as "Capitalism" despite some people living up to the awfullness of the Marxist definition) they all in the end treat economies as mechanisms or machines, tools rather than form (almost ironic considering how often one will hear the word capital).

3. The "languages" (including Marxism) are not necessarily always wrong in what they think/convey but they're far too incomplete and narrow to ever solve anything which in turn always leads to violence; violence in the form of purges or wars, or in the form of constant debasement or limits to human growth (the opposite of any sane definition of profit).

These points of view might help explain why the social-democratic style mixed economic approach can work better over time in comparison: it might be the most flexible, the least dogmatic, able to speak the "languages", and simultaneously have better priorities (human well-being).

It's not that they are correct but that they are less wrong and thus able to do better in general.

Economics is dominated by ludicrous simplification. Fine for what seems to work (but doesn't really) and rubbish for everything else. It could easily be far more rewarding to painstakingly work towards making money redundant than to "figure out" economics.

Posted by: Sunny Runny Burger | Aug 26 2019 15:32 utc | 99

GF is a spin-off of canadian ATi & american AMD alegedly funded by saudi or some other gulfies.,40240.html

..........The list of companies supplied by TSMC includes AMD, Nvidia, Apple, Mediatek and many others, which means that GlobalFoundries could bring the tech industry to a halt if it's allowed to stop imports to the U.S. and Germany.

The lawsuits were filed with the U.S. International Trade Commission, the U.S. Federal District Courts in the Districts of Delaware and the Western District of Texas and, in Germany, the Regional Courts of Dusseldorf and Mannheim. GlobalFoundries leaned hard on TSMC being headquartered in Taiwan in its announcement, effectively portraying the dispute as an Eastern company profiting off the innovations of its Western competitor.

Posted by: Arioch | Aug 26 2019 15:37 utc | 100

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