Cutting Caracas out of the international market has already triggered a widespread humanitarian catastrophe causing ordinary Venezuelans to suffer the consequences.Read More
Cold Wars are useful for capitalists. They can justify massive military expenditure; they can justify patriotism and squashing dissent; they can justify loyalty to the strong leader. The trade war Trump has started might sound good to his base, but is likely to hurt many of them, as Canada, Europe and China are smart when they retaliate, knowing fully well that they will harm his base.
So part of Trump’s goal is to fire up his base by being tough on the foreigners. Trump has decided that the US is in a power struggle with China for global dominance. He is not the first US capitalist politician to believe that. US strategists have talked about making a pivot to China for more than a decade now. Trump has decided to lurch toward China.
One of the reasons that countries fail is that collective memory is continually destroyed as older generations pass away and are replaced by new ones who are disconnected from what came before. Memory is lost when historical facts are cast down the memory hole.
The lesson for today? More than history can be erased by the passage of time. Culture can be erased. Morality can be erased. Common sense can disappear with the diplomacy that depends on it.