Wednesday, November 12, 2014
National institutions have economic, political and security dimensions which all contribute to the legitimacy and stability of the nation. Liquidating or transferring any of these institutions will always have repercussions for all of those dimensions which reflect the changes put in place. The rebuilding regime was a corrupt transfer of wealth to US corporations hired to rebuild the sacked nation.
Foreign-imposed policies comprehensively limited the rights of Iraq and Iraqis from exercising legitimate influence over their own economy. This includes the limitation of rights that most Westerners would consider fundamental to capitalist economies, liberal democracies, and national states. Perhaps the most critical of these is the ability to regulate and manage the economic activity that occurs within your own borders.
It may be considered ironic that the most highly regulated market economies in the world (US etc) tend to impose the harshest free market economies on victimized peoples. These anti-Iraqi regulations might even be creating foreign-corporate command economies. Idealists like Adam Smith, John Maynard Keynes and Alan Greenspan represent wholly distinct idealizations of a structure whose internal momentum will always find ways to create wealth and power transfers to a ruling class, destroying or delegitimizing everything from civil societies to nation states in the process.
By Dean , published at 9:35 PM