The Suicidal American Empire Is Collapsing Fast, But Its Death Now Would Cause Unacceptable Collateral Damage

Friday, August 24, 2018
By Paul Martin

Which is why its vassals and even rivals are forced, for now, to try and keep it afloat

Dmitry Orlov
Russia-Insider.com
8/24/2018

There are a lot of behaviors being exhibited by those in positions of power in the US that seem disparate and odd. We watch Trump who is imposing sanctions on country after country, dreaming of eradicating his country’s structural trade deficit with the rest of the world. We watch pretty much all of US Congress falling over each other in their attempt to impose the harshest possible sanctions on Russia. People in Turkey, a key NATO country, are literally burning US dollars and smashing iPhones in a fit of pique. Confronted with a new suite of Russian and Chinese weapons systems that largely neutralize the ability of the US to dominate the world militarily, the US is setting new records in the size of its already outrageously bloated yet manifestly ineffectual defense spending. As a backdrop to this military contractor feeding frenzy, the Taliban are making steady gains in Afghanistan, now control over half the territory, and are getting ready to stamp “null and void,” in a repeat of Vietnam, on America’s longest war. A lengthening list of countries are set to ignore or compensate for US sanctions, especially sanctions against Iranian oil exports. In a signal moment, Russia’s finance minister has recently pronounced the US dollar “unreliable.” Meanwhile, US debt keeps galloping upwards, with its largest buyer being reported as a mysterious, possibly entirely nonexistent “Other.”

Although these may seem like manifestations of many different trends in the world, I believe that a case can be made that these are all one thing: the US—the world’s imperial overlord—standing on a ledge and threatening to jump, while its imperial vassals—too many to mention—are standing down below and shouting “Please, don’t jump!” To be sure, most of them would be perfectly happy to watch the overlord plummet and jelly up the sidewalk. But here is the key point: if this were to happen today, it would cause unacceptable levels of political and economic collateral damage around the world. Does this mean that the US is indispensable? No, of course not, nobody is. But dispensing with it will take time and energy, and while that process runs its course the rest of the world is forced to keep it on life support no matter how counterproductive, stupid and demeaning that feels.

What the world needs to do, as quickly as possible, is to dismantle the imperial center, which is in Washington politically and militarily and in New York and London financially, while somehow salvaging the principle of empire. “What?!” you might exclaim, “Isn’t imperialism evil.” Well, sure it is, whatever, but empires make possible efficient, specialized production and efficient, unhindered trade over large distances. Empires do all sorts of evil things—up to and including genocide—but they also provide a level playing field and a method for preventing petty grievances from escalating into tribal conflicts.

The Roman Empire, then Byzantium, then the Tatar/Mongol Golden Horde, then the Ottoman Sublime Porte all provided these two essential services—unhindered trade and security—in exchange for some amount of constant rapine and plunder and a few memorable incidents of genocide. The Tatar/Mongol Empire was by far the most streamlined: it simply demanded “yarlyk”—tribute—and smashed anyone who attempted to rise above a level at which they were easy to smash. The American empire is a bit more nuanced: it uses the US dollar as a weapon for periodically expropriating savings from around the world by exporting inflation while annihilating anyone who tries to wiggle out from under the US dollar system.

All empires follow a certain trajectory. Over time they become corrupt, decadent and enfeebled, and then they collapse. When they collapse, there are two ways to go. One is to slog through a millennium-long dark age—as Western Europe did after the Western Roman Empire collapsed. Another is for a different empire, or a cooperating set of empires, to take over, as happened after the Ottoman Empire collapsed. You may think that a third way exists: of small nations cooperating sweetly and collaborating successfully on international infrastructure projects that serve the common good. Such a scheme may be possible, but I tend to take a jaundiced view of our simian natures.

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