Skip to main content

Privatizing Syria: US Plans to Sell Off a Nation’s Wealth After Assad

by Kit Klarenberg  

Part 3 - ‘Shock Therapy’
 
In Syria’s protracted political and economic dismantling, there are eerie echoes of the U.S. Empire’s destruction of Yugoslavia throughout the 1990s. During that decade, the multiethnic socialist federation’s breakup produced bitter wars of independence in Bosnia, Croatia and Slovenia – encouraged, financed, armed, and prolonged every step by Western powers. Belgrade’s perceived centrality to these brutal conflicts and purported complicity in and sponsorship of horrendous war crimes led the U.N. Security Council to impose sanctions against what remained of the country in May 1992.

The measures were the harshest ever levied in U.N. history. At one point, producing inflation of 5.578 quintillion percent, drug abuse, alcoholism, preventable deaths and suicides skyrocketed, while shortages of goods – including water – were perpetual. Yugoslavia’s once thriving independent industry was crippled, its ability to manufacture even everyday medicines virtually non-existent. By February 1993, the CIA assessed that the average citizen had “become accustomed to periodical shortages, long lines in stores, cold homes in the winter and restrictions on electricity.”

Surveying the wreckage years later, Foreign Affairs noted that sanctions against Yugoslavia demonstrated how “in a matter of months or years whole economies can be devastated,” and such measures can serve as uniquely lethal “weapons of mass destruction” against civilian populations of target countries. Yet, despite such desolation and misery, throughout this period, Belgrade remained resistant to privatization and foreign ownership of its industry or to the pillaging of its vast resources. The overwhelming majority of Yugoslavia’s economy was state- or worker-owned.

Yugoslavia was not a member of the IMF, World Bank, or WTO, which went some way to insulate the country from economic predation. In 1998, though, authorities began waging a heavy-handed counterinsurgency against the Kosovo Liberation Army, a CIA and MI6-funded and armed al-Qaeda-linked extremist militia. This provided the U.S. Empire with a pretext to, at last, finish the job of neutralizing what remained of the country’s socialist system. As a Clinton administration official later admitted:

                       It was Yugoslavia’s resistance to the broader trends of political and economic reform [in Eastern Europe] – not the plight of Kosovar Albanians – that best explains NATO’s war.

From March – June 1999, the military alliance bombed Yugoslavia for 78 straight days. Yet, Belgrade’s army was barely in the firing line at any stage. In all, officially, just 14 Yugoslav tanks were destroyed by NATO, but 372 separate industrial facilities got smashed to smithereens, leaving hundreds of thousands jobless. Markedly, the alliance took guidance from U.S. corporations on which sites to target, and not a single foreign- or privately-owned factory was hit.

NATO’s bombing laid the foundations for Yugoslav leader Slobodan Milosevic’s removal via a C.I.A.- and National Endowment for Democracy-sponsored color revolution in October of the following year. In his place, a doggedly pro-Western government advised by a collective of U.S.-sponsored economists took power. Their explicit mission was to “make an economic environment favorable for private and other investments” in Belgrade. Ravaging “shock therapy” measures were deployed the moment they assumed office, to the further detriment of an already immiserated and impoverished population.

In the decades since successive Western-backed governments across the former Yugoslavia have enforced an endless array of neoliberal “reforms” to ensure an “investor-friendly” environment locally for wealthy Western oligarchs and corporations. In lockstep, low wages and a lack of employment opportunities stubbornly endure or worsen while living costs rise, producing mass depopulation, among other destructive effects. All along, U.S. officials intimately implicated in the country’s breakup have brazenly sought to enrich themselves from the privatization of former state industries
.

Source, links:


[1][2][4]

Comments

Popular posts from this blog

Όσοι περνάν των χώρα της απόγνωσης παθαίνουν αμνησία ...

globinfo freexchange Δανειστήκαμε αυτή τη φράση από ένα παλιό κομμάτι της Ελληνικής ροκ μπάντας "Τρύπες", για να περιγράψουμε με λίγα λόγια αυτό που φαίνεται να έχει πάθει η Ελληνική κοινωνία.  Πώς είναι δυνατόν μια ολόκληρη κοινωνία να έχει ξεχάσει ποιοι τη χρεοκόπησαν; Ποιοι έστησαν το άθλιο σύστημα των κρατικοδίαιτων 'ημέτερων' και της οικογενειοκρατίας; Ποιοι έσωσαν τις τράπεζες με πακτωλό δισεκατομμυρίων σε βάρος της μεσαίας τάξης; Ποιοι έκαναν τη μίζα και το ρουσφέτι επάγγελμα; Πώς είναι δυνατόν αυτή η κοινωνία να ετοιμάζεται να ξαναφέρει στην εξουσία ένα κομμάτι αυτού του άθλιου πολιτικού κατεστημένου, με την επιστροφή μάλιστα του αμετανόητα νεοφιλελεύθερου Κυριάκου Μητσοτάκη και της ομάδας του;   Η απόγνωση που έφεραν εννέα χρόνια βάρβαρων νεοφιλελεύθερων πολιτικών και σκληρής λιτότητας και που ανάγκασε τη χώρα να διαβεί τον εφιαλτικό μονόδρομο της μόνιμης χρεοκοπίας, πρέπει να έπαιξε σημαντικό ρόλο.  Διότι ως γνωστόν, η απελπισία...

Trump PANICS As US BOMBS WEDDING & Iran GETS REVENGE!!

Secular Talk  /  Breaking Points

EXPOSED: Zohran Reveals MASSIVE 9/11 Cover Up & SHOCKS ALL!!

Secular Talk

Iran Backs Yemen's MASSIVE Attack, Missiles SLAM Saudi & US Navy

Danny Haiphong Prof. Seyed Mohammad Marandi discusses Iran's major support for Yemen's ongoing offensive against US-Saudi forces and the game changing shift in the war.

EU Is Finished & China Can Now Pull the Plug on the U.S. Economy

Glenn Diesen Yanis Varoufakis is an economist, the former Finance Minister of Greece, and the author of numerous bestselling books. Varoufakis discusses how the EU is a cartel designed by the U.S. that is no longer fit for purpose. The German economic locomotive has broken down; the EU no longer has an economic model, its foreign policy is consumed by war, and it has already become a technological colony. Varoufakis also argues that China can now pull the plug on the U.S. economy if it chooses to do so.

Jul 2018 picks

Retired US army colonel implies that a war with Iran could start with a Vietnam-type false flag operation Corporate media begin typical operations to make progressives comply with the establishment WikiLeaks paper shows France & UK pioneers behind Libya breakup Twitter under fire on European Commission hypocrisy to 'stand with the Greek people' IMF mafia ready to repeat the big crime in Argentina The financial system of chaos: no one can tell the 'when', 'where' and ‘how’ of the next financial meltdown Standard and Poor's 'coincidentally' upgrades the Greek economy after Greece expels two Russian diplomats Jill Stein, Jeremy Corbyn, Bernie Sanders: a continuously rising political triplet proves that Socialism unites generations The idiotic circus of terror leads us to the final collapse WikiLeaks paper reveals Ecuadorian private business elites declared war on Rafael Correa right after his election and asked for US support Ho...

Σε επανάληψη το έργο «η Άγκυρα είναι εκνευρισμένη» από το μιντιακό τσίρκο Μητσοτάκη

globinfo freexchange Το Μητσοτακικό μιντιακό τσίρκο παίζει για άλλη μια φορά το έργο «η Άγκυρα είναι εκνευρισμένη» με την συμμαχία Ελλάδας-Ισραήλ. Φυσικά, οι μιντιακοί καθεστωτικοί παπαγάλοι δεν θα σας πουν ποτέ ότι ο Νετανιάχου είναι εγκληματίας πολέμου με βάση την απόφαση του διεθνούς ποινικού δικαστηρίου, ότι το Ισραήλ στην τελευταία σύνοδο του ΟΗΕ ήταν περισσότερο απομονωμένο από ποτέ, ότι η υποστήριξη των Αμερικανών ψηφοφόρων προς το Ισραήλ έχει κυριολεκτικά κατακρημνιστεί και συνεχίζει την κατιούσα με βάση τελευταίες δημοσκοπήσεις και ότι οι διαδηλώσεις και εκδηλώσεις ενάντια στο Ισραηλινό κράτος-τρομοκράτη, εντός και εκτός Δύσης, είναι καθημερινό φαινόμενο. Οι μιντιακοί Γκέμπελς προσπαθούν απεγνωσμένα να δημιουργήσουν κλίμα υπέρ του Μητσοτάκη, αντιστρέφοντας την πραγματικότητα, καθώς βλέπουν ότι, ακόμα και στις στημένες δημοσκοπήσεις, τα ποσοστά της ΝΔ απέχουν παρασάγγας από την αυτοδυναμία. Πράγμα που σημαίνει ότι το διεφθαρμένο κόμμα Μητσοτάκη ενδεχομένως να μην αγγίζει ούτε κ...

Gaza mourns and buries its children

#Gaza mourns and buries its children who remained trapped beneath the rubble. 💔 pic.twitter.com/s7BzFZvWav — Abdullah Omar🇵🇸 (@Abdullah_Om3r03) September 6, 2026  

Houthis Have Inflicted "Astronomical" Damage On U.S. & Israel

Katie Halper Katie Halper talks to Ashok Kumar about how the Houthis are making history: "this is the first time in history that you had the maintenance of a blockade from a force with no navy," Trump "doesn't know what to do about it" and they're inflicting "astronomical liabilities" on Israel and the U.S.  Ashok Kumar is a University of London Professor and a Green Party activist in the U.K.

Iran HITS US Navy HARD, Trump Readies MASSIVE Counter Strike!

Danny Haiphong Brian Berletic of the New Atlas discusses how Iran's successful retaliation has led to desperation for Trump & the US empire, and how China and Russia are preparing for an unthinkable war that's already underway yet no one's talking about it.