China is a threat to US supremacy. Will this inevitably lead to a deadly pitfall, first described by Thucydides? This ancient Greek historian explains how the rise of Athens created fear in Sparta and made it go to war to prevent that rise. Historian Graham Allison outlines how in the past 500 years there have been 16 periods in which an emerging power threatened to supplant a ruling power. Twelve times this ended in war.
Though history is not a fatality, it is an important indicator indeed. In any case, the lasting military superiority of the US is the guarantee for the preservation of its economic supremacy. When we mention economic supremacy we are talking about a business of thousands of billions of dollars, an extremely powerful business that has a very great hold on the policy of the White House, regardless of the incumbent president. The many billions of profits will not be handed over without fierce struggle. As Marx said 160 years ago:
“Capital eschews no profit, or very small profit.” If the profit is large, “capital will produce positive audacity” and if the profit is very large, “there is not a crime at which it will scruple, nor a risk it will not run”.
Some will argue that the extermination power of current weapons has become too big to risk a large-scale conflict. But that thought error was already made a hundred years ago according to Katrina Mason.
“A little over 100 years ago, commentators predicted that weapons of war had become so technologically advanced, and so lethal, that no one would ever resort to using them. Many couched the relentless arms race as part of an economic effort to stimulate the domestic industrial base, and discounted that such jostling would ever lead to conflict. The first world war proved them wrong on both counts.”
How can the gigantic economic interests be brought under democratic control, so that not profit but common sense will prevail? That is the key question for the future – Global Research, 2018