In this autumntide of capitalism and winter of imperialism...

 .......Why has the US decided to retract on its foreign and overseas commitments and decided to concentrate its military forces on its Eastern economic rival and potential nemesis,China?

It is because the Chinese behemoth threatens to not just undercut the US in its traditional markets but oust the US from the world raw materials trading exchange and supplant its industry.

But,what is the global picture of the world economy away from US-China rivalry.

The world market is regulated by industrial conglomerates and state-owned combines and finance concerns.

It is today in terms of poor countries based on super-exploitation and that state of affairs is gaining ever more traction.

The super-exploitation of the industrial masses and agricultural labourers is spreading to India,Near Asia and Africa so let us remember how super-exploitation works with its corollary of the deepening of crises of imperialism in the monitor.....

....it works by finance,Big Finance that is,finding a local affiliate company or setting up a subsidiary company for hand-over-fist exploitative endeavours....

How can we say this,with certainty?

Applegreen Inc. of New York controls $3 trillion and the British financial big 'players' comprise three firms with £1 trillion at their disposition. The Germans have only one €1 trillion player on the world stage of capitalism (State Monopoly Capitalism, German academic authors, Manifesto Press, London).

...How do these people operate in Ireland this thirty years past?

By buying up building land,that being property zoned for "real estate development" and buying up blue chip investments such as indigenous innovators and big industrial concerns,always having less than a 'controlling stake' BUT having "highly leveraged" (US State Department/ CIA) influence and a decisive say in the running of many Irish financial and industrial and services subsidiaries.

People such as Sean Quinn are only ever middlemen and really never amount to very much more than minority stakeholders.

Quinn was a pawn of a financial super-exploiter paying low wages vis-a-vis the capital accumulated. He used the capital to fund the ever-onward march of profit and surplus value accumulation (ground rent and business surplus) and to defray the costs of wear and tear on machinery and plant with the aim of expansion of the business.

Sean Quinn may have paid his workers relatively well but the cost in terms of bone and gristle and mental energy and nerves was far in excess of what any reasonable employer would demand off their workforce. He was,and is,a rough, ignorant and unmannerly countryman who should never have been patronised by decent, respectable people but in the country we live in there are very few of those people.

His brother likewise fronts what used to be called pension funds or more accurately, 'sinking funds' i.e.funds constantly declining in real value. 

These pension funds fronts are forced by tighter labour laws to chase ever further afield in search of profit and surplus value.

Peter Quinn's commercial outlets and businesses are ruthless employers paying starvation wages and forcing their employees who are usually on contracts for employment not 'on the cards',to work ever longer hours.

Keeping an eight-month pregnant woman working in a glass factory till 8 o 'clock on a Sunday morning rather than allowing her to go to Mass with  her children is all in the way of a "legend" (Fermanagh Herald) such as Sean Quinn and Peter "The Outsider" Quinn.

Only rough,ignorant countrymen such as you find in Derrygonnelly,Teemore and Derrylin and Newtownbutler patronise the Terrible Twins and fail to see through the thin veneer of respectability conferred on them by the lying,nationalist press and nationalist politicians and we need say no more about the twin-headed Northern hydra.

Comments

Popular Posts