Chris Hedges confirms: Musk-led oligarchs won with Trump a critical battle in the capitalist civil war

globinfo freexchange

 

As we wrote back in 2019, what we see now in the United States with Trump, is a counter-attack by the part of the American capital against the globalist faction. The faction that is primarily consisted by the liberal plutocracy. Therefore, as the capitalist class splits, the capitalists around Trump are now taking with them the most conservative part of the American society, as they need electoral power. They have the money and their own media network. Their first big victory was Trump in the US presidency and this explains why the liberal media attack him so hard and so frequently.

On the other side of the Atlantic, we have a similar situation. The United Kingdom is probably now the most crucial field of the endo-capitalist war and the anti-globalist capitalists marked a first big victory through the outcome of the Brexit referendum.

 

As subsequently mentioned, we thought it would take forever to find someone from the Left to support the capitalist-civil-war theory, and finally, it was George Monbiot who spoke clearly about a capitalist civil war, concerning the UK. And he correctly supported that "the only way really to understand Brexit is as the outcome of a civil war within capitalism."  

Right after Trump's recent victory in the latest US election, we wrote that the top oligarch Elon Musk decided to lead the pro-Trump capitalist faction. He put himself in an advantageous position next to the current winner in order to be ready to claim the US presidency after the end of Trump's term.

 

Now, it was the turn of Chris Hedges to describe the capitalist civil war in the US, on the occasion of the recent Trump victory and his chance for a second term. Speaking to Briahna Joy Gray, Hedges pointed out:

 

                                       What we saw in this election was really a battle - or kind of civil war within capitalism - between the oligarchic elite and the corporate elite. Corporate elite backing Harris, the oligarchic elite backing Trump. Oligarchs want different things than corporatists. Corporatists want stability, they want trade deals and they want those trade deals cemented into place, because corporatists will make investments and they won't get returns on those investments, sometimes for years. They want of course their manufacturing to continue in places like China, Mexico, Bangladesh, Vietnam and everywhere else. Oligarchs want something else. Oligarchs want chaos, they want the destruction of the administrative state, because they make their money in a different way. Private equity firms function to essentially harvest and destroy corporations. KKR is famous for buying up a national chain of nursing homes, then selling the physical property - they call it harvesting - and then forcing the administrators of those nursing homes to rent back those facilities at 40,000 dollars a month. Well they made a killing and they drove the nursing home chain into bankruptcy. That's a classic way that private equity firms, hedge firms, work. That's oligarchic power. Of course, there is an irony in a sense that with the deregulation of that other controls over corporate power, with the slashing of the tax codes, the corporate capitalist created this oligarchic elite - figures like Elon Musk would be a kind of poster child for this -  and then they've turned on the corporatist themselves. So that's how I define this election, the civil war within capitalism and the oligarchs won, they love Trump ...

 

 

Hedges describes the situation inside the US,, yet the corporate capital expands far beyond the US territory. And it seems that globally,, it is the corporate capital that brings chaos through endless wars. The corporate capital profits from chaos and destruction abroad, and that's why Trump appears as a pro-peace candidate. Because the oligarchs around him want to sabotage this mechanism that brings so much money and power to their rivals.

 

This explains why the Biden administration (which is the political arm of the corporate capital) rushed to allow Ukraine to strike Russia with long-range US missiles, right at the end of its term. It is a last desperate attempt to create more chaos in the battlefield and make extremely difficult for Trump to pursue a peace agreement that will terminate the war.