Partying at Davos

…In America, as in most places, the party of Davos is bipartisan. It includes Bill Clinton and Dick Cheney, Robert Rubin and Don Rumsfeld, Madeleine Albright and Condoleezza Rice. (George Bush is also a member, but he doesn’t like to travel). John Kerry is quoted as having called himself a “Davos” man.

Indeed, without reference to economic class it is impossible to explain why Democratic elites championed NAFTA, the WTO and the other instruments of corporate protectionism, which traded away the interests of its blue-collar industrial base in favor of the GOP constituencies in Wall Street and red-state agri-business. Nor is it possible to explain why Washington is indifferent to a relentlessly rising trade deficit, and the resulting foreign debt that has put the country’s future in the hands of the central bank of China, while the Pentagon simulates war games with China as the enemy.

The media language we use to talk to each other about globalization hides its class structure. The press consistently talks about national “interest” without defining who exactly is getting what. Thus, American workers are told that the “Chinese” are taking their jobs. But the China threat is in fact another global business partnership – this one between commissars who supply the cheap labor and the United States and other foreign capitalists who supply the technology and two-thirds of the capital used to finance China’s exports. The rest of the world calls this “neo-liberalism,” a term unknown among America’s media “internationalists.”

The politics of the global marketplace are a one-party system.
commondreams.org

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