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Is The Dollar Capable of Funding The Worst Excesses of Neoliberalism In The 21st Century?
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It goes without saying that the dollar is the basis of the America’s global domination.
While Its military bases in Europe, Africa, Asia, Latin America are a clear demonstration of its territorial might, it’s safe to say that its soft power has often provided the best way to wreak havoc across board.
To the trained and untrained eye, it is near impossible to distinguish between Uncle Sam, the military-industrial complex, which has destabilized sovereign governments in Italy, Ghana, Congo-Kinshasha, Pakistan, Cambodia, Yemen, Syria, Libya and the multi-nationals, which have controlled the supply and demand of cobalt, diamond, cocoa, millet, palm oil and of course, crude.
The genius of Pax Americana in linking its currency to the commodity which flows from under the earth’s surface while using the International Monetary Fund, World Bank and Wall Street, must be studied by every student of finance, economics and history.
And our collective acquiescence in embracing Nixon’s perfectly laid plans is worth exploring in this very short piece.
Neoliberalism, with its emphasis, on deregulation, deindustrialization and democracy, has had to lean quite heavily on…