19 August 2007
Venezuela & Belarus make the latest anti-globalisation moves
As the American economy weakens, and as the country's army gets more bogged down in Iraq, many countries are taking the opportunity to create new trading arrangements that will bypass the Americans and their globalised system completely. Venezuela and Belarus are the latest to sign bilateral agreements that involve barter trade and which ignore the dollar. As Neal Clark says, we are "witnessing the formation of an alternative power bloc," one which began with Venezuela and Cuba, grew to involve Bolivia and now has roped in Belarus.
The response of many toy-town leftists to these moves is to sneer from the sidelines. If everything is not as Leon Trotsky predicted it, prior to this death almost 70 years ago, then they are not interested.
Actually what they are not interested in is helping to destroy globalised capitalism. This is the bastard offshoot of the old capitalism that we grew up with and it is the number one enemy for the new century. If it can be destroyed, then the underlying capitalist system that all socialists want to smash will have suffered a serious reversal.
The destruction of globalisation is not the end of the war, in other words, but it could mark the end of the beginning. Besides, we need a victory after all these years of defeat. So the crushing of imperialism in Iraq is one step down the road, support for alternative economic arrangements between sovereign states is another.
Let's keep our eyes on the prize, folks. If we are serious about smashing capitalism, then ending globalisation is as good a place as any to start.