Is it soothing to your inner beast to see monoliths that are in your head? Billionaires don’t need to conspire to control nations, and that they do is not in and of itself evidence that they are dancing to someone else’s tune.
Certainly money is centralized institutionally, and it isn’t unrelated to national politics. Finance laws affect everyone, but financiers cannot dictate without consent. The money that is legally produced is done so by the labor of folks who don’t have enough of it to be comfortable. The 1% buy politicians and write their own laws, but even Charles Koch knows that a united front can reign havoc on him and his billionaire cohorts.
I would take issue with your assertion that sovereignty is an illusion. It is ignored by the USA, but ask the Iraqis if Iran isn’t sovereign. Ask Vladimir Putin why he sent troops to war in Ukraine.
The U.S. to the extent that it can defend itself from external threats is sovereign, but it is not representative of its population, and neither is the UK or the EU. In fact the U.S. is a useful litmus test. If a country refuses to make itself available to American corporate capital, and the U.S. is constrained from bombing or invading it, I would call it sovereign. Cuba? Si. Venezuela? Si. The embargo on Cuba by the U.S. is indecent, but the wanton exercise of power for spite doesn’t put Cuba’s sovereignty in question. It just shows how far from our professed values our leaders will go whenever it is politically expedient.
Sep 20, 2022
at
11:39 PM
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