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Bush's National Security Document

What drives U.S. capital to adventurism


By Fred Goldstein

"The National Security Document of the United States," which codifies the Bush doctrine of the New World Order, was leaked to the New York Times on Sept. 19, before it was scheduled to be submitted to Congress. The source of the leak may be a matter of speculation, but it was timed to coincide with the debate over the launching of an unprovoked war of outright aggression against Iraq.

It also came just days after German Minister of Justice Herta Daubler-Gmelin is said to have declared that President George W. Bush was using the Iraq war to divert attention from problems at home, just as Hitler did. This statement caused consternation in Washington. Chancellor Gerhardt Schroeder, who won the election despite a barrage of criticism from the U.S., then fired the justice minister as bourgeois commentators everywhere complained how outrageous it was to compare Bush to Adolph Hitler.

To be sure, Hitler was a fascist dictator who came to power in 1933 in a situation of extreme social crisis. The economic depression was leading to a civil war between the workers and the capitalist class in which the question of which class would wield power was emerging.

Hitler consolidated his power, after being named chancellor, by unleashing his storm troopers to carry out the bloody suppression of millions of communists, socialists and progressives and the destruction of trade unions and all forms of working-class organization, using the dual themes of anti-Bolshevism and anti-Semitism.

Today there is no generalized social crisis in the U.S. And even though Bush got into office by stealing the election from the Democrats, he still presides over a political system of imperialist democracy. Yes, it is growing increasingly repressive and reactionary, with stronger incursions by the military and the FBI. And it is becoming more racist against people of Middle Eastern origin.

However, the forms of capitalist democracy--for example, the legal existence of trade unions--still exist for the working class and the oppressed to utilize in their struggles.

In this respect, there is no comparison. But the minister, whatever her politics and whatever her motive, was alluding to a different parallel that bears critical examination.

The problem for German and U.S. capital

Hitler persuaded the German ruling class to let him try to conquer all of Europe and the Soviet Union. His talk of establishing a Third Reich to last for a thousand years had a compelling appeal to the powerful German financiers and industrial capitalists.

Germany's gigantic, modern and highly militarized industrial establishment was capable of vast output, but it was constrained by the other imperialist powers from grabbing the resource-rich colonial spheres of exploitation and plunder.

Their thirst for the kind of super-profits being sucked out of the colonized world by Britain, France, Belgium and Holland was thwarted. In this situation, the prospect of a new economic and social crisis in Germany persuaded the bankers and the bosses to back the expansionist military adventurism of the Nazis.

In addition, they had supreme confidence in the mighty, modern German military machine, with its advanced rocket technology, powerful air force and numerous Panzer tank divisions.

The victory of the Nazis in the domestic counter-revolution did not solve German imperialism's crisis. It still had to expand on the world arena.

Promising new areas for exploitation

The Bush administration's National Security Strategy (NSS) document puts considerable stress on the absolute military power of the Pentagon. The New York Times of Sept. 20 wrote that "one of the most striking elements of the new strategy document is its insistence 'that the president has no intention of allowing any foreign power to catch up with the huge lead the United States has opened up since the fall of the Soviet Union more than a decade ago. ... Our forces will be strong enough,' Mr. Bush's document states, 'to dissuade potential adversaries from pursuing a military buildup in hopes of surpassing, or equaling, the power of the United States.' "

The document is filled with military threats, including the right to first strike. From the point of view of the right-wing military geostrategists in the U.S. establishment, this document reads like their dream come true--even though it is said that Bush "toned it down" in places because it sounded "arrogant." So now it doesn't?

But from the point of view of the ruling class--the industrialists, bankers and monopolists of the transnationals--other portions of this document also read very favorably. They find it ever more appealing as the slow-motion stock market crash proceeds, the phony profit reports and corporate scandals pile up, and capitalist overproduction, deflation and a decline of profits haunt the boardrooms.

The bosses and bankers of course prefer "stable" forms of plunder and exploitation--that work through the automatic processes of corporate operations supplemented by IMF extortion, bribery, industrial spying and so on. They will only opt for adventurism with the prospect of instability when that is considered the lesser evil compared to a protracted decline of profits and the prospect of economic collapse.

Ever since the outbreak of the Asian economic crisis in 1998, Federal Reserve Bank head Alan Greenspan and the financial establishment have been engaged in staving off an economic crisis. In fact, Greenspan has poured hundreds of billions of dollars into the economy through direct bailouts during the 1998-99 period. By lowering interest rates, the Fed delivered trillions of dollars in cheap money to Wall Street.

Every area of economy stifled by surplus

A sweeping survey of business conditions in the Washington Post of Aug. 25 gives a glimpse into what the ruling class has been facing.

Describing the epidemic of capitalist overproduction, or in bourgeois terms of "overcapacity," the Post survey says "it can be found these days in a wide swath: agriculture, autos, advertising, chemicals, computer hardware and software, consulting and financial services, forest products, furniture, mining, retail, steel, textiles, telecommunications, trucking and electric generation, just to mention a few. In almost every case, it is accompanied by prices that are flat or falling. ...

"Flush with cheap money made available by Wall Street, businesses of all sorts rushed out and expanded their capacity," continued the Post. By now over one quarter of the industrial establishment is lying dormant--and that figure is getting higher every day.

For the first time since the 1930s--the Great Depression--the U.S. economy is facing deflation, which means fewer profits, less surplus value and eventually vast losses for the bosses, along with unemployment and hardship for the working class.

Numerous examples are cited by the Post study. One is the airline industry: Airline payrolls have been cut by 120,000 in 12 months; another 100,000 layoffs are planned. The Post reveals that 500 passenger jets, many of them brand new, sit on the desert in Victorville, Calif. It shows that "the airlines have begun to delay or cancel contracts for new planes and engines from Boeing, Airbus SAS, General Electric, United Technologies Corp. and their vast network of suppliers."

This process is duplicated in every industry, from telecommunications to hotels to the legal profession.

Indeed, the U.S. ruling class has just come through a lengthy period of revolutionizing production and communications--the scientific-technological revolution. Greenspan and others have boasted of the great rise in productivity, which really means the rate of surplus value, or rate of exploitation of the workers. It is precisely the tempestuous growth of the means of production that is putting pressure on capitalism worldwide.

U.S. capital's problem is capitalism itself

Unlike German imperialism in the 1930s, U.S. imperialism is not a power restricted in its sphere of exploitation by any imperialist rivals. On the contrary, the U.S. transnational banks and corporations are all over the world, with production facilities, sales outlets and financial offices.

Yet this new generation of modernized capitalist industry is so powerfully productive that the present state of U.S. imperialist expansion is totally insufficient to make all this vast investment profitable. Like the German imperialists of the 1930s, the U.S. finance capitalists are feeling more and more constrained and more and more amenable to Bush's New World Order adventurism.

The NSS document says that one of its principal aims is "to ignite a new era of growth through free markets and free trade."

Washington will use "our economic engagement with other countries" to promote "pro-growth legal and regulatory policies to encourage business investment," "tax policies that improve incentives for work and investment," "strong financial systems that allow capital to be put to its most efficient use," "sound fiscal policies to support business activity," "free trade that provides for new avenues of growth."

The document is laced with references directed straight at the bottom-line profit interests of the imperialist bourgeoisie. But all this is linked to military and political domination of the world.

The fact that it was leaked in the midst of the debate over Iraq tends to send a message to the ruling class that a war against Iraq is just part of a much broader plan to solve their problems. Yes, the Bush-Cheney-Rumsfeld-Powell-Wolfowitz group wants to destroy the Iraqi Revolution of 1958. Yes, they want to seize the 110 billion barrels of oil. But they know that the overproduction crisis of a capitalist economy that produces a $10-trillion GDP cannot be solved merely by conquering Iraq.

Document aimed at China

In fact, the document aims straight at the People's Republic of China, telling the leadership there to stop developing their military and that only capitalist restoration is acceptable to Washington. It denounces the Chinese leaders because they "have not yet made the next series of fundamental choices about the character of their state."

The document makes all manner of arrogant political and social demands-thus holding out the prospect to the ruling class here that somehow the Bush administration will bring about "Lebensraum" in that land of 1.3 billion people. In addition, the document alludes to further opening up India and Russia.

This document was penned by a group rooted in the Reagan and Bush administrations and the period of the collapse of the USSR, the retreat of China, and setbacks for the national liberation struggles. Their thinking has been shaped by counter-revolution, which they regard as permanent.

The fundamental assumption of the entire document is that the masses of the world, including the workers and the oppressed right here at home, will remain in retreat forever. That is what makes the entire document delusionary.

Indeed, the Bush group is trying to escape the contradictions of capitalism through adventurism. It is a prescription for reawakening the mass struggle and ultimately undoing the so-called New World Order.

Goldstein is a member of the Secretariat of Workers World Party.

Reprinted from the Oct. 3, 2002, issue of Workers World newspaper
This article is copyrighted under a Creative Commons License.
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