Skip to main content

A new doctrine with an old recipe

by system failure

The policy of austerity and absolute commitment to the fiscal discipline imposed on the eurozone states, seems to fail completely. Not only does not give any sign of hope for the future, but neither improves the economies of the states, but worsens them instead. Unemployment in Greece and Spain has broken every record while the picture even in the most developed countries does not seem to improve.

The similarities with the period that followed the Great Depression in US in 1929 is, one might say, shocking. The gap between rich and poor is widening, while extreme nationalism is gaining ground in Europe despite the great suffering that brought in the past. If history is repeated, we should, unfortunately, expect new major upheavals and conflicts worldwide, towards the end of this decade or at the beginning of the next one. But today, there are also some differences from the Interwar period. The most significant are, the great expansion of the middle class in the West, the economic growth of the developing countries, and the full deregulation of the free market as well as the rapid transfer of capital globaly with the help of technology.

We experiencing the paradox of a totalitarianism which manages to spread despite the destruction that brings. The collective memory that works in societies currently prevents major conflicts, but the new doctrine of globalization, adjusted to the big banks and corporations, is using the old tested recipe of "divide and rule", to impose the final victory of this totalitarianism.

The divided middle class is a key weapon that is used by the new doctrine. Within states, conflicting interests of the middle class groups are mobilized, as a result mainly of the current crisis. Typical examples in Greece are, the controversy between hotel owners and hotel staff about the salary reductions of the last, pharmacists and patients, private sector and public sector employees about the different levels of wages and different risk of firing, unions that remain attached to defend exclusively their own interests. A typical recent example is the judiciary, which due to the new cuts in their wages are threatening with new strikes, while they don't seem that they care to contribute in serious issues for the Greek society like the possibility of audit of public debt, or, the deep investigation of a plethora of serious scandals concerning the Greek political class. As long as there are conflicting interests within the middle class, massive street protests are ineffective.

At an international level, the middle classes of countries are divided by stereotypes which the mouthpieces of the new doctrine build. Recent examples are the characteristics that are given to the peoples of the eurozone periphery, such as lazy, PIGS, etc., while in southern Europe, the perception that Germany continues to benefit from the crisis becomes quite popular. All these crude generalities which are spreading by the mouthpieces of the new doctrine, are aiming to prevent a possible dynamic mass mobilization of the middle class across Europe, which could be crusial for the termination of policies that the new doctrine promotes.

Additionaly, the argument of the new doctrine that the West cannot compete against the very cheap labor of China, India and South-East Asia, manages to maintain the phobia between the peoples of the West and those of the developing countries, as workers in Western countries gradually loose all labor rights, while workers in developing countries want to conquer benefits that they couldn't afford for decades and which capitalism "promises" for a better life. The paradox is that, workers in most developing countries are working for starvation wages and under totally unacceptable conditions, waiting patiently for this "promise" of capitalism, since many of them in many regions, have experienced also at first hand the authoritarianism of the Soviet Communism.

The economic indexes in some developing countries are rising but most people suffer. Capitalism is trying to "redeem" the peoples of developing countries while simultaneously attempting to create new tanks of consumers in an effort to survive, but the financial capitalism-casino creates bubbles that burst much faster than the growth of the real economy around the world. Only two things can survive in this outrageous situation: banks and multinational corporations. Nation states are deconstructed gradually and most of the small-medium businesses - although faithful to capitalism - eventually disapear or at best redeemed, because it's impossible to withstand the competition.

But there also other areas of conflict which the new doctrine feeds and exploits. In the market's arena, capitalism-casino creates the illusion that everyone has the opportunity to participate equally. A significant part of the middle class is gambling in the stock markets and finally self-destructed or redeemed, but some never loose, because even when the financial storm comes, they are rescued by the governments with taxpayers' money. A characteristic example is the independent holders of the Greek government bonds that lost their money during the debt crisis, while the big Greek and European banks that are exposed, either secured their money through the terms of the new loan to the Greek state, or, rescued with bailout packages of billions.

The new doctrine exploits also the ideological polarization that grows in times of crisis. A characteristic example in Greece is the rise of the radical Left and extreme Nationalism. The rhetoric which is used by the anti-memorandum opposition parties regarding the debt crisis is almost identical. If someone could hide the logo in their announcements it would be hard to understand whether the announcement comes from a Left-wing, Right-wing or extreme Nationalist party. However, all these parties are giving absolute priority to defend their ideology and spend their effords in conflicts between them, putting, quite often, their struggle against the policies of troika's memorandum in second place. It is characteristic that, in a period of such a wild economic war, even the moderate parties (mainly SYRIZA and Indepentent Hellenes), have difficulties to meet and form a solid united front against the policies which eliminate the society.

Capitalism has succeeded in maximizing the middle class in the West, but now, it's most horrible mutation, exploits the large heterogeneity of the middle class - which was well hidden beneath a veil of fake prosperity - in order to survive and totally dominate. This new mutation of capitalism, either will be able to create new tanks of consumers and therefore survive through a global cultural totalitarianism, or, through its frenzied course, will eliminate the middle class, violate its "promise" for a better life, and eventually, destroy itself.

Comments

Popular posts from this blog

Capitalism & Genocide - Yanis Varoufakis Speech at the Gaza Tribunal, 23rd October 2025, Istanbul

Yanis Varoufakis   On 23rd October, Yanis Varoufakis testified in front of the Jury of Conscience in the context of the Gaza Tribunal. His speech focused on the economic forces underpinning the genocide of the Palestinian people. In particular, he spoke on the manner in which capitalist dynamics have historically fuelled the white settler colonial project and, more recently, how the accumulation of a new form of capital - which he calls cloud capital - has accelerated, deepened and amplified the economic forces powering and propelling the machinery of genocide. 

This Is Why Iran Will DEFEAT The United States & Israel!

The Jimmy Dore Show    

Trump's war in Iran crushes US working class, enriches cronies

The Grayzone   The Grayzone 's Max Blumenthal and Aaron Mate discuss how Trump's cronies are exploiting the Strait of Hormuz crisis he instigated to manipulate markets while US consumers feel the pain. 

Iran War Collapses U.S. Neoliberal Economy

Glenn Diesen   Yanis Varoufakis is an economist, the former Finance Minister of Greece, and the author of numerous bestselling books. Yanis Varoufakis discusses the historical mistake of attacking Iran (again). 

Saudi Arabia & Qatar caught Mossad agents planning false flag operations inside their soil to blame Iran

Tucker Carlson says Saudi Arabia & Qatar caught & arrested Israeli Mossad agents planning bombings in those countries. pic.twitter.com/6PUxWeUymu — Jackson Hinkle 🇺🇸 (@jacksonhinklle) March 3, 2026

A response to misinformation on Nicaragua: it was a coup, not a ‘massacre’

There is so much misinformation in mainstream corporate media about recent events in Nicaragua that it is a pity that Mary Ellsberg’s article for Pulse has added to it with a seemingly leftish critique. Ellsberg claims that recent articles, including from this website, often “ paint a picture of the crisis in Nicaragua that is dangerously misleading. ” Unfortunately, her own article does just that. It looks at the situation entirely from the perspective of those opposing Daniel Ortega’s government while whitewashing their malevolent behavior and downplaying the levels of US support they have relied on. Her piece is an incomplete depiction of what is happening on the ground, ignoring many salient facts that have come to light and which have been outdated by recent events. The following is a brief response to Ellsberg’s main points from someone who lives in Nicaragua and has observed the situation directly and intimately: https://grayzoneproject.com/2018/08/15/a-res...

Iran could be the US’s Boer war: a hollow victory that marks the beginning of the end of empire

US leaders anticipated a walkover. Now they’re embroiled in a conflict that could hasten the end of US economic dominance  by Larry Elliott   Nobody gave the Boers a prayer when the war in South Africa began in 1899. It was farmers ranged against the might of the British empire, and the expectation was that resistance would quickly crumble. Eventually, might did prevail. Britain won the Boer war, but it was a hollow victory that took the best part of three years to achieve and came at a high cost. The blow to British prestige – coming at a time when its global hegemony was under threat from fast-growing countries such as the US – was severe. Far from highlighting the extent of Britain’s power, it exposed its limitations. A century and a quarter later, the US risks being embroiled in its equivalent of the Boer war. What should have been a walkover threatens to become a prolonged conflict. The Iranians are using guerrilla tactics, just as the Boers did, with much success. There ...

US-Israeli attack on Iran expands into GLOBAL WAR: EU & UK join, Canada supports, Gulf regimes hit

Geopolitical Economy Report   The US-Israeli war on Iran is expanding into a global conflict. The European Union supports it. The UK is letting Trump use British bases. Germany and France are involved. Canada backs it. Tehran has retaliated, in self-defense, hitting US military bases in Gulf countries. Ben Norton explains. 

The dominant elite ready to break the "social contract"

Hyper-automation will allow the super-rich to “get rid” of the rest by system failure Since the French revolution and the new form of the urban states-democracies, the ruling class had to make the so-called "social contract" with the majority. From the moment that the dominant urban class took the power from feudalism and monarchy, should had to find a way to protect the means of production and the labor force. Therefore, the ethnic consciousness in each state served to bound the majority in order to shape national armies to protect the ruling class interests. In exchange, the ruling urban class had given the so-called social state, labor rights, etc., through the nation-state as a carrier and guarantor for all these benefits for the middle and lower classes. Since then, there have been a lot of battles and the majority managed to conquer some benefits. At the start of 20th century, the technology progress had brought the mass production. Western s...

Stephen Hawking confirms: The problem is Capitalism, not robots!

globinfo freexchange According to world famous physicist Stephen Hawking, the rising use of automated machines may mean the end of human rights – not just jobs. But he’s not talking about robots with artificial intelligence taking over the world, he’s talking about the current capitalist political system and its major players. On Reddit, Hawking said that the economic gap between the rich and the poor will continue to grow as more jobs are automated by machines, and the owners of said machines hoard them to create more wealth for themselves. The insatiable thirst for capitalist accumulation bestowed upon humans by years of lies and terrible economic policy has affected technology in such a way that one of its major goals has become to replace human jobs. If we do not take this warning seriously, we may face unfathomable corporate domination. If we let the same people who buy and sell our political system and resources maintain control of automated technology, the...