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Showing posts with the label “George Kennan”

Inside the Expert Bubble Talk All Is of War with Russia

“Neither China nor Russia today offers an ideological alternative to the existing order. As capitalist, oligarchic, extractivist states, they are fully integrated into the postwar global economic architecture.” The writers forget the inherent contradictions in capitalism that determine cooperation and conflict. China, not Russia, represents an economic and technological threat to the Western capitalist expansion (share of markets, extraction of resources, capital accumulation, etc), which in turn affects the social and economic relations in Western societies (domestic social conflicts). The threat of China is enough to create conflict between states. No ideological alternative is required. The writers seem to ignore the economic relative decline the major Western countries have been experiencing (in productivity, living standard, infrastructure, growth…) and how that impacts on the states's imperialist policies. In search of new geopolitics Le Monde diplomatique , October 2026 Exce...

Stand-off Over Ukraine

“ Since 2014 the Russian authorities have significantly increased their economy’s ability to withstand a severe shock, especially the banking and financial sectors. The country’s central bank has drastically reduced its US dollar holdings and 87% of Russians now hold a Mir card that uses a national payment system. If the US carries out its threat to disconnect Russia from the SWIFT international payments system, as it did to Iran in 2012 and 2018, financial transactions between Russian banks and businesses can now be made via a homegrown financial messaging system. So Russia feels better equipped to face severe sanctions if it comes to a conflict. On the other hand, the last mobilisation of the Russian army on the Ukrainian border, in spring 2021, prompted the revival of the Russian-US dialogue on strategic and cybersecurity issues. And this time, too, the Kremlin has clearly reckoned that upping the tension was the only way to get the West’s attention, and that the new US administrati...