during the 2010s at the same time that corporate investment declined. Along with militarized accumulation, the TCC has turned to unprecedented levels of financial speculation and to debt-driven growth to sustain profit-making in the face of the crisis. If left unchecked, overaccumulation results in crisis — in stagnation, recessions, depressions, social upheavals and war — just what we are experiencing right now.
The transnational elite, led by Washington, have had to conjure up one enemy after another to legitimate militarized accumulation and deflect crises of state legitimacy and capitalist hegemony onto external enemies and contrived threats.
🔥🇺🇸🔥 The end of the old Cold War did not serve the 🤑 financial interests of the Military_IndustrialComplex that rules 🇺🇸 behind the scenes. Afghanistan & Iraq sated that beast but only temporarily. Russia v. Ukraine & NATO is a full blown horrific feast for the M-IC.
This is from the Bush II years, but it still works:
canadianglen It was always thus with the modern military industrial complex.
Yes, since about WWII.
Heading_West Neoliberalism and fascism are co-dependant
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