The "Great Reset" of Imperialism

Ruling elites are trying to make a silk purse out of a sow's ear -- it ain't gonna happen. A new direction is necessary in opposition to imperialism not more of the same in different garb!

The current global arrangement under the control of the oligarchy has been variously called "globalization," "one world government" and a "New World Order." The ruling elite, using public/private military forces including the massive armed might and economic pressure from sanctions and blockades of U.S. imperialism and its allies, have attempted to bring all states and international institutions under their control and destroy those they cannot control, like Iraq, Libya and Syria.

The global destruction of sovereign states, international and local civil societies and even Mother Earth herself has led to a global pandemic, economic crisis and levels of social and natural destruction that even many of the rich themselves find alarming, which has engendered a morbid preoccupation with death and defeat. They are desperately reshuffling the cards, claiming it represents a new direction for their economies and countries.

World Economic Forum (WEF) leader Klaus Schwab, in presenting its 2021 agenda of "stakeholder capitalism," tried to turn the attention of working people and youth from the real conditions of life by appealing to them to unite behind identity politics and those oligarchs cashing in on attempts to deal with the obvious destruction of Mother Earth.

"Stakeholder capitalism" has found a following among the global ruling elite including the Rockefeller Foundation and an organization of Lynn Forester de Rothschild and Pope Francis called the "Council for Inclusive Capitalism with the Vatican" formed last December. Its website describes the council as follows:

"The Council for Inclusive Capitalism with the Vatican is a historic new partnership between some of the world's largest investment and business leaders and the Vatican. It signifies the urgency of joining moral and market imperatives to reform capitalism into a powerful force for the good of humanity."

A press release from the Council says, "The Council answers the challenge by Pope Francis to apply principles of morality to business and investment practices. (Member) organizations commit to concrete action to create a more equitable, sustainable and trusted economic system."

The release says the members of the Council, "represent more than $10.5 trillion in assets under management, companies with over $2.1 trillion of market capitalization, and 200 million workers in over 163 countries. The organization challenges business and investment leaders of all sizes to embrace the Council's guiding principles and make public commitments to act on them. These collective actions are intended to lead to systemic change by making capitalism a greater force for inclusivity and sustainability."

Speaking to the "Guardians" -- a truly medieval sounding concept describing the gatekeepers of this private club and its aims, Pope Francis said, "An economic system that is fair, trustworthy, and capable of addressing the most profound challenges facing humanity and our planet is urgently needed. You have taken up the challenge by seeking ways to make capitalism become a more inclusive instrument for integral human wellbeing."

"Capitalism has created enormous global prosperity, but it has also left too many people behind, led to degradation of our planet, and is not widely trusted in society," said Lynn Forester de Rothschild, Founder of the Council and Managing Partner of Inclusive Capital Partners. "This Council will follow the warning from Pope Francis to listen to 'the cry of the earth and the cry of the poor' and answer society's demands for a more equitable and sustainable model of growth," said the member by marriage of the ill-gotten gains of the Rothschild banking fortune.

This apparently is the "Great Reset" of "stakeholder capitalism" to save imperialism. To achieve the Great Reset to rescue imperialism not only from revolution but from certain rogue and competing oligarchs, the recently installed U.S. Biden administration coined the term "Build Back Better" within a "Green New Deal," which their counterparts in the European Union call the "European Green Deal."

Needless to say, the "Great Reset" to correct the flaws and failings of neo-liberalism is organized by the same ruling elites that have dominated the imperialist world for decades. They have tightened their grip significantly since the collapse of the Soviet Union and the onset of this period of retreat of revolution in which the working people do not have the initiative in their hands. How can they be expected to solve the problems they and their system created? The fact remains that imperialism as the highest and final form of the capitalist system cannot be reformed or reset to change its stripes and motivation for maximum profit. It can only remain an exploitative form that serves the amassing and concentration of private wealth, power and class privilege through private control, coupon clipping and outright corruption and theft. It serves the ruling oligarchs and exploits peoples and nature worldwide, leading to recurring economic crises, conflict, war and destruction.

The basic contradiction under imperialism between a socialized economy of industrial mass production and its division into separate privately-owned parts controlled by competing imperialists that expropriate the new value workers worldwide produce must be resolved. A new direction and form must come into being with relations of production in conformity with the socialized economy and its modern productive forces that are in constant change, development and motion and must operate together in cooperation for mutual benefit, development and the peoples' well-being.

The constant development of the forces of production such as the world is witnessing with 5G, smart phones, Internet of Things, Artificial Intelligence and robotic production require the constant development and change in the relations of production. Such is the spontaneous history of human beings and their forward march to a full life worth living for all, and the necessity today of conscious history-making by the peoples with their human factor/social consciousness.

(With files from WEF and the Council for Inclusive Capitalism)

This article was published in

Volume 51 Number 2 - February 7, 2021

Article Link:
The "Great Reset" of Imperialism


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