The world economy. In this autumntide of capitalism and winter of imperialism...

 American capitalism has arrived at its '1989' juncture as did the Soviet Union and the Eastern bloc in the recent past. While as distinct from the Soviet Union,capital was concentrated in the hands of the State, American capital is concentrated in the hands of the oligarchs in an enormous multipolar concatenation of interests and competing individual rivalries. Vast stocks of financial stocks must be degraded and enormous stocks of debt,internal and foreign,written off for the US to regain its equilibrium.

That '1989' moment in the US?

Yes,these individual masses of capital must like that singular Russian ball of capital unwind like so many balls of wool because of external pressures from the world economy,namely competing 'balls' of capital in the global market place...

.......Why has the US decided to retract on its foreign and overseas commitments and decided to concentrate its military forces against 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 imprisoned by capital accumulation on behalf of industrial conglomerates and trading  and commercial combines and privately-owned finance concerns.

In terms of poor countries,the rate of capital accumulation in the economy is based on super-exploitation.

The super-exploitation of the industrial masses and the pushing out of agricultural labourers is spreading to India,Near Asia and Africa.

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 'big' people operate in Ireland this tsixty 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. Accompanying that is 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 in real terms 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 . Capital consists of those values and ground rent and business surplus and the capital to defray the costs of wear and tear on machinery and plant with the aim of expansion of the capital sum invested and surplus value and profits.

Sean Quinn may have paid his workers relatively well in absolute terms 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 who truly believe in socialism of either the revolutionary or democratic type or national democracy and syndicalism.

His brother 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 coercing their employees to sign contracts for employment rather than contracts of employment. They are not 'on the cards' and to keep their head above water they have 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 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 of clergy and British Government.