Neo-conservatives, neo-liberals and Ukraine

American foreign policy during the past couple of decades has been directed by two groups of people — the so-called neo-conservatives (who are not conservative) and the so-called neo-liberals (who are not liberal).  They are part of the deep state, the part of the government that is not affected by election results.

The goal of the neo-conservatives is to make the United States the dominant world military power by, among other things, keeping Russia weak and preventing China from growing strong.  They say that the only way the United States can be save is by preventing the emergence of any country with the power to threaten it.

1_hryvnia_2005_front1The goal of the neo-liberals is to free corporations and banks from the control of all governments, including the United States government, and to force nations to repay their debts to international banks at whatever cost to the well-being of the citizens.  They say this is the only path to a world that is prosperous and free.

Sometimes these groups work at cross purposes, and the Ukraine situation is a good example.

ukrainian-hryvniaAs Prof. Bill Black was written, if the U.S. government and the European Union wanted to stabilize the current Ukrainian government and detach it from Russian influence, the best way to do it would be to refinance their debt to the International Monetary Fund so that it could be repaid at low interest and in hryvnia, the Ukraine’s currency, rather than dollars or euros.

But evidently this is not on the table.   US and EU policy is to insist Ukraine accept the IMF terms, even though this means higher taxes, cuts in government services, higher prices and, most importantly, the selloff of Ukrainian national assets at bargain prices.

http://www.nakedcapitalism.com/2014/04/bill-black-ukraine-austerity-and-kamikaze-economics.html

Tags: , , , , ,

One Response to “Neo-conservatives, neo-liberals and Ukraine”

  1. williambearcat Says:

    Not a very hopeful picture

    Like

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.


%d bloggers like this: