Thursday, April 12, 2012

Modern Day Imperialism

Socialists have tended to opposed imperialism in all its forms.  I argue that even today, imperialism still exists and that the US is among the leaders of the imperial forces.  Within this imperial sphere of influence, the main motivator is of course the economy and the bourgeoisie.  A prime example comes off the heals of the Libyan Revolution and the NATO air-strikes.  Following the collapse of Gadhafi's rule on the country and the rise of the new government in its place, the American  Securities and Exchange Commission is launching investigations into Italy's ENI and France's Total oil companies, both of which have sizable assets in the country.  This lets American and British companies to have free reign over the oil fields in Libya.  The US is willing to go to any length to secure oil, like the 1953 coup in Iran that gave the Shah authoritarian powers and led up to the Iran Revolution in 1979.  With a new civil war brewing in Libya, it's only a matter of time before the US feels the effect of their imperial adventures in North Africa.

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