{"id":23347,"date":"2024-02-01T05:32:40","date_gmt":"2024-02-01T11:32:40","guid":{"rendered":"https:\/\/ustower.net\/?p=23347"},"modified":"2024-02-01T05:32:47","modified_gmt":"2024-02-01T11:32:47","slug":"the-us-economy-is-not-the-american-economy","status":"publish","type":"post","link":"https:\/\/ustower.net\/?p=23347","title":{"rendered":"The \u2018US Economy\u2019 is Not the \u2018American Economy\u2019"},"content":{"rendered":"\n

During the World Economic Forum in Davos, newly elected Argentine President Javier Milei blamed \u201ccollectivism\u201d as the \u201croot cause\u201d of the world\u2019s economic problems.<\/strong><\/strong><\/p>\n\n\n\n

Milei’s assessment is backward, says author, journalist and political analyst Caleb Maupin speaking to Sputnik\u2019s Critical Hour<\/a> on Tuesday.<\/p>\n\n\n\n

\u201cSince the 1980s and the late ’70s, we’ve been destroying the welfare state. Here in the United States, we’ve been deregulating. We have schools for profit,\u201d Maupin explained. \u201cWe\u2019ve got private corporations fighting our wars. [We\u2019ve] got prisons for profit in multiple states. The idea that we’re moving towards socialism in the West is just absurd. We’re gutting the welfare state.\u201d<\/p>\n\n\n\n

The reason the West has been gutting the welfare state is because it is controlled by global corporations.<\/p>\n\n\n\n

\u201cThe US economy is not the American economy. It is the economy centered around big banks, the corporations, ultra monopolies, trust cartels and syndicates based here in the West,<\/strong>\u201d Maupin argued.<\/p>\n\n\n\n

\u201cBut really, the US government and the US monopolies are the big corporations at the top of our economy [that] are propping up a global system. They’re not really concerned about the domestic economy of the United States\u201d<\/p>\n\n\n\n

This is dangerous because as the American empire flounders, it will take increasingly desperate measures to hold onto its hegemony.<\/p>\n\n\n\n

\u201cThe Biden administration is trying to escalate every one of these international confrontations as quickly as they can,\u201d Maupin said, pointing to the conflicts in Ukraine, the Middle East and rising tensions with China as evidence. \u201cThey’re almost hoping that they can play a game of bluff, and that they can push as close to the edge of that cliff of a straight up World War Three confrontation as they can get.\u201d<\/p>\n\n\n\n

Maupin warned that \u201cwe’ve increasingly got a West led by the United States, the center of the NATO alliance, that is trying to remind everybody who they once were,\u201d <\/strong>adding that the \u201cbluster\u201d coming from the US is it being \u201cforced to adjust to the fact that we’re having a much more multipolar world [and] that, the world is not going to be centered, economically speaking, around Wall Street and London <\/strong>for much longer.<\/strong><\/a>\u201d<\/strong><\/p>\n\n\n\n

Russia and China do not want a third World War, Maupin said. But he warned that if a World War does start, \u201ceveryone knows\u201d that \u201cRussia and China are going to win,\u201d<\/strong> adding that the aggressive policies of the US are \u201cnot strategic for America at all.\u201d<\/p>\n\n\n\n

Sputnikglobe<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

During the World Economic Forum in Davos, newly elected Argentine President Javier Milei blamed \u201ccollectivism\u201d as the \u201croot cause\u201d of the world\u2019s economic problems. Milei’s assessment is backward, says author, journalist and political analyst Caleb Maupin speaking to Sputnik\u2019s Critical Hour on Tuesday. \u201cSince the 1980s and the late ’70s, we’ve been destroying the welfare state. Here […]<\/p>\n","protected":false},"author":5,"featured_media":23348,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1155],"tags":[26301,6101,26298,1205,6616,26300],"class_list":["post-23347","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-davos","tag-argentina","tag-javier-milae","tag-president","tag-the-american-economy","tag-world-economic-forum"],"_links":{"self":[{"href":"https:\/\/ustower.net\/index.php?rest_route=\/wp\/v2\/posts\/23347","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ustower.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ustower.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ustower.net\/index.php?rest_route=\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/ustower.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=23347"}],"version-history":[{"count":1,"href":"https:\/\/ustower.net\/index.php?rest_route=\/wp\/v2\/posts\/23347\/revisions"}],"predecessor-version":[{"id":23349,"href":"https:\/\/ustower.net\/index.php?rest_route=\/wp\/v2\/posts\/23347\/revisions\/23349"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ustower.net\/index.php?rest_route=\/wp\/v2\/media\/23348"}],"wp:attachment":[{"href":"https:\/\/ustower.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=23347"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ustower.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=23347"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ustower.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=23347"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}