World Economy

Shortly before World War II, Hjalmer Schacht, a German banker, toured the United States soliciting American corporate support for Hitler’s new fascist state. U.S. corporations not only agreed to support Germany against the socialist economic system of the Soviet Union, but also declared their opposition to the strong labor movement arising in the United States and Europe.

General Motors was prominent among the corporations that supported the Nazi government, investing $20 million in industries owned or controlled by Herman Goering and other Nazi officials. Other US multinational corporations that profited from and supported Hitler’s industrial war machine included General Electric, Standard Oil, Texaco, International Harvester, ITT and IBM. Today, Standard Oil of New York is unabashed in honoring its chemical cartel that manufactured Zyklon-B, the poison gas used by the Nazi gas chambers. (1)

Among the eminent business leaders backing these multinational corporations were the Rockefellers and Prescott Bush, father of George Bush and grandfather of George W. Bush. Prescott Bush worked with his father-in-law, George Herbert Walker, in the family firm Union Banking Corporation to raise $50 million for the Nazi government by selling German bonds to American investors from 1924 to 1930.

The US Congress has supported these early population concepts introduced by Rockefeller’s Foundation. In March 1970, Congress set up a “Commission on Population Growth and the American Future.” The commission included representatives from USAID, the State Department, and the Department of Agriculture, but CIA and Pentagon officials drew up the agenda. “Their objectives were not to assist developing countries, but as promoted by the Trilateral Commission, to curb world population with a view to serving US strategic and national security interests,” notes author Michel Chossudovsky.(2)

In 2007, more than 100 million tons of grain were used to make ethanol, which contributed to high global food prices and subsequent hunger and starvation. During this same year, the United Nations Food and Agriculture Organization stated that there had been a record grain harvest, suggesting that there is enough food in the world to feed everyone. Indeed, over the last twenty years, food production has risen steadily at over two percent a year, while the rate of population growth has dropped to 1.4 percent a year.

The corporations ignore basic human needs, seeking to control world resources by encouraging the US government to build more and more military bases around the world. Presently, the US has 1000 such bases.

Under the Clinton administration, Yugoslavia was dismembered in order to advance American interests. In particular, the former Serbian province of Kosovo was occupied by U.S. troops in order to build Camp Bondsteel, among the largest military bases ever created by the United States. It will double as Kosovo’s largest prison, where prisoners can be held indefinitely without charges and without defense attorneys.(3)

These new leaders no longer rely on the International Monetary Fund or the World Bank. Cuba, Venezuela, Bolivia, Nicaragua, and the Dominican Republic have become members of the Bolivian Alternative for Latin America. This organization emphasizes local energy development and has become the bank of the South. This bank will not operate as a profit driven institution, but as a financial organization that will consider the economic needs of each borrower country.

In an effort to break up this new political organization in Latin America, the US has provided six billion dollars to Alvaro Uribe, President of Columbia, with the understanding that a US military base would follow. The base would be placed in La Guay, a region spanning Northeast Columbia and Northwest Venezuela, a clear threat to the Chavez government in Venezuela.

It has become increasingly clear that the US military has been stretched thin, with insufficient forces to fight simultaneous wars and maintain the vast military bases it is establishing around the world. Responding to this problem, Donald Rumsfeld, former Secretary of Defense, and Vice President Dick Cheney have turned to private military forces. Blackwater, a well-paid mercenary army, has become the world’s most powerful private military corporation. Troops for Blackwater are recruited from countries like the Philippines, Nepal, Columbia, Ecuador, El Salvador, Honduras, Panama, Peru, and Chili. Some 60 former commandos have been recruited from the remnants of the army of former Chilean dictator Augusta Pinochet. They now serve as part of Blackwater’s fighting forces. Other mercenary armies available to the highest bidder include Amo Group, Eunyo, Hart Security, and the Military Professional Resources Incorporated (MPRI). (4)

American military bases are proliferating around the world like mushrooms. Among the more recent are the bases in Romania, Poland, Bulgaria, Pakistan, India, Australia, Singapore, Malaysia, the Philippines, Morocco, Tunis, Algeria, Bahrain, Kuwait, Qatar, Oman and the United Arab Emirates.(5) New bases are presently under construction in Eurasia along the borders of Russia and in areas close to China. The earlier Clinton Doctrine proclaimed that the United States has the unilateral right to use military force to protect markets and resources. Author Michael Swank says the Clinton Doctrine is taken for granted today. He explains, “With markets and resources we have a right to make sure that we control them, which is logical on the principle that we own the world anyway so of course we have that right.” (6)

On June 15, 2001, China, Russia and four of their central Asian neighbors, Kazakhstan, Kyrgyzstan, Tajikistan and Uzbekistan, established the Shanghai Cooperation Organization (SCO), a new regional group pursuing security and cooperation. The SCO is gaining influence internationally as more and more nations seek to join the group. Mongolia, Pakistan, Iran and India hold observer status, and nations as diverse as Bangladesh, Belarus, Nepal and the Philippines have expressed interest in affiliating with the SCO. (8)

Militarism and a Uni-polar World