invasion

The U.S. Gives Us Hell But It’s A Liberated Africa That Can Douse the Flames

By Mark P. Fancher

Republished from Black Agenda Report.

African Liberation Day is a reminder that African descended people make progress when joined together in international unity. Internationalism is essential.

When U.S. Africa Command (AFRICOM) was established in 2007, the only thing more offensive than its use of proxy African soldiers to carry out imperialist missions was the appointment of a Black man, William E. (“Kip”) Ward, to lead AFRICOM operations.

After Ward stepped down, white men assumed leadership of AFRICOM. But now, yet again, AFRICOM will be headed by a man of African descent. Lt. Gen. Michael Langley will assume the role of training and directing the armed forces of African countries to militarize Africa and plunder the continent’s resources for the benefit of foreign governments and corporations. The publication Stars and Stripes reported that for Langley “a top priority will be countering militants in the East African country of Somalia.”

The cynical use of Africans to control and exploit Africa is surpassed in its odiousness only by a willingness of Africans like Ward and Langley to engage in the enterprise. Those committed to Africa’s liberation have long been aware of the importance of ensuring that members of African communities decline such collaboration with oppressors. To that end, in 1963, the Organization of African Unity proclaimed May 25th as African Liberation Day - a day when the African World might orient itself to a serious commitment to achieving Africa’s genuine independence.

Although the commemoration of African Liberation Day throughout Africa and the African diaspora has become an ever-growing tradition, this year, in the wake of the racist massacre in Buffalo, New York, there are no doubt many Africans born and living in the U.S. who can’t bring themselves to think of Africa’s plight when their personal circumstances seem so precarious. If the only problems were violent white supremacists, prospects for survival might not seem so bleak. But the anti-Black hostility has manifested in so many ways that signal that help is not on the way from any of the quarters from whence Africans in America might expect it.

Specifically, in Grand Rapids, Michigan, a police bullet was fired into the head of Patrick Lyoya at point-blank range making him one of the latest of a very long series of Africans killed by cops and affirming yet again that not only are Africans unable to look to the police for protection, but that the police themselves are an enemy force.

Less blatant, but no less concerning, is the U.S. government’s seeming indifference to the international dilemma of WNBA star Brittney Griner, a captive in Russia, purportedly for drug-related offenses, even as the U.S. State Department fought more efficiently and vigorously for the release of others. In fact, it took weeks for the U.S. to even acknowledge its belief that Griner had been wrongfully detained. Concern is not limited to the plight of Griner as an individual, but it is also for the unmistakable message that a U.S. government that should presumably protect its nationals can’t be counted on if the person in question is Black.

It is not surprising then that persons of African descent in the U.S. might perceive themselves to be adrift, alone, vulnerable and unprotected even by the government entities charged with keeping them safe. The perceived intensity of the danger means that calls to work for Africa’s liberation may not resonate. While this is understandable, historically, the challenges of Africa’s diaspora have not deterred engagement in internationalist service.

The list of revolutionaries who have emerged from communities under stress but who have nevertheless thrown themselves into Africa’s struggles is long. Frantz Fanon left colonized Martinique to struggle alongside those fighting for Algeria’s independence. Kwame Ture (Stokely Carmichael) physically relocated himself from the U.S. where Civil Rights and Black Power struggles raged to become a vital member of the Democratic Party of Guinea. Che Guevara was not content with his sterling service to the Cuban revolution, and he fought in Congo and ultimately Bolivia where he was captured and killed.

In fact, some of the most important internationalist service to Africa has been rendered by Cuba, even in the face of extreme pressure from not only western imperialism but also from the Soviet Union. Of Cuba’s assistance to the efforts to liberate Angola, Piero Gleijeses, a Johns Hopkins University professor explained:

“In early November 1975, as South Africans were advancing along the coast, Angola sent a desperate appeal request to Cubans for help. The military mission also told Fidel [Castro] that the Cubans had to do something, because Luanda was going to fall. On November 4, Fidel decided to send troops to Angola. The Soviet Union was miffed, because it didn’t want the Cubans to intervene. It showed its annoyance by not assisting in the dispatch of Cuban troops to Angola. Until 1975 or 1976, the Cubans arrived by ship and old transport planes.”

Cuba went on to play a vital role in the liberation of Angola and the fall of apartheid in Namibia and South Africa. Cuba’s sacrifices for Africa neither began nor ended in Southern Africa. Even after its military forces withdrew from the region, they were replaced by brigades of Cuban physicians and other medical personnel deployed throughout the continent.

For Black people in America, internationalist service can be not only as noble as that rendered by forebears, but it can also be pragmatic. This is because Africans are not only a numerical minority in the U.S., but also a powerless minority. Meanwhile, Africa’s population is exploding. Foreign Policy columnist Adam Tooze explained that by 2050, Africa’s population will account for nearly 25 percent of the population of the planet. He said:

“In the 2040s alone, it is likely that in the order of 566 million children will be born in Africa. Around midcentury, African births will outnumber those in Asia, and Africans will constitute the largest population of people of prime working age anywhere in the world.”

It just makes good sense for Africans in the U.S. to see themselves as part of that mass of humanity. This does not even consider the potential of Africa to seize control of the continent’s natural resources and to use them for the benefit of Africans worldwide. Such global sharing and collaboration will happen more organically if the African diaspora participates not only in reaping the benefits of the power that flows from control of Africa’s natural wealth, but also in the struggle on the front end to make such control a reality.

While a united and socialist Africa, with all its resources could be a powerful social, economic and political engine for communities throughout the African diaspora, as a practical matter it would need to do nothing to impact them. The mere existence of a powerful, unified Africa would be a deterrent to every police officer inclined to kill brothers like Patrick Lyoya. When the Brittney Griners of our communities might find themselves in international predicaments, the State Department would likely turn somersaults if necessary to assist them because of the need to curry favor with a powerful Africa. In the end, Africans in America need to make Africa a primary focus of their struggles despite the many hardships and challenges presented by the U.S. It just makes good sense.

Mark P. Fancher is an attorney and writer. He is a member of the Black Alliance for Peace Africa Team and the All-African People’s Revolutionary Party. The views expressed are his own and do not necessarily reflect the views of organizations with which he is affiliated. He can be contacted at mfancher[at]comcast.net.

Gold and Oil: A Tale of Two Commodities

By Contention News

Enjoy this special edition of Contention News — a new dissident business news publication — with analysis exclusive to Hampton Institute. You can read more and subscribe here

Gold broke $1,930 an ounce this week, its highest level ever. This follows weeks of record inflows to gold-related exchange traded funds (ETFs), and comes alongside silver’s biggest weekly gain in four decades.

Oil also advanced last week, but prices remain depressed -- the fracking industry now faces “extinction.”

Solving the puzzle of how metals can be gaining while the production of the most crucial commodity of our times can “peak without ever making money in the aggregate” unlocks important insights into how our global system works at its core. 

Money and the world of commodities

To repeat: money exists to circulate commodities. [1] Anything can serve as money as long as there is a stable relationship between the value of money at large and the world of commodities it circulates. The best way to do this: pick a representative commodity to serve as money. [2] Metals have low carrying costs and are easily divisible, so most epochs have settled on gold or some other metal for this purpose.

Since 1973, however, the world money system has not relied upon a representative commodity. Instead it has relied upon the United States to use political and military means to keep commodity prices stable. [3] The easiest way to keep prices steady: pin them down. Prices and profits serve as the signal for action: higher commodity prices = higher input costs = squeezed margins. 

Politicians don’t have to worry about the monetary system, they just have to think about corporate earnings. 

Oil prices and economic crisis

This worked for most of the world’s commodities save one: petroleum. The oil crises of the 1970s prompted a multi-year inflation crisis and economic “stagflation.” The United States responded with the Carter Doctrine, which defined the free flow of oil in the Persian Gulf region as a matter of U.S. national interest, justifying persistent military presence in the region and strategic alliances with key oil-producing states to keep prices low.

This system broke down between 2003 and 2008, with oil prices spiking more than $120 a barrel over that period. What caused the spike? The most likely causes:

This price rise reached crisis levels in 2008 immediately prior to the Great Recession. Correlation isn’t causation, but it isn’t out of line to think that rising fuel and other commodity costs might have prompted an uptick in mortgage defaults. The same goes for investors selling off previously iron-clad securities as prices in general grew unstable. 

Fracking provides a crucial response to this kind of crisis. Not profitable under normal conditions, rising prices draw investment into the sector, bringing on new supply, driving prices down again. Companies borrow big to get started and go bust quickly, but executives get their golden parachutes, creditors get their settlements, attorneys make killer fees, and large firms gobble up all the abandoned assets. Only oil workers, royalty owners, and taxpayers lose.

Gold’s moment today 

Now a new crisis from outside the energy sector has destroyed demand and plummeted prices. [5] Central bank “money printing” in response should be inflationary, and thus the rise in gold prices, according to conventional economic wisdom.

Except that conventional wisdom is actually backwards. The money supply does not determine prices, commodity production determines how much money you need. If production goes up or production costs get bid upwards, [6] you need more money. Money gets pulled out of savings, banks increase lending, and the supply and velocity of money goes up.

Simply pouring more money into a depressed market, on the other hand, drives that cash into savings. This oversupplies money markets, driving down interest rates. As real rates — interest minus expected inflation — dip into negative territory, gold’s zero yield becomes a better bet than anything else. That’s how you end up with low oil prices, a collapsing fracking industry, and rising gold values. 

But now U.S. political failure is putting the whole dollar system into question over and on top of this. The result: investment flowing out of the dollar and into the yuan and the Euro. Without a clear alternative to the dollar as “world money,” gold is even more attractive as an asset. If rising demand in countries outside the United States drives up oil costs, price instability could make it even better. 

The puzzle still has pieces that have yet to be placed, but the image is clear: a fragile system is coming to an end, and when it falls who has the gold will rule. 

For more anti-imperialist business analysis, subscribe to Contention

Notes

[1] Much of the analysis here is inspired by collective study of The Value of Money by Prabhat Patnaik

[2] Any advances in the productive forces at large will shift the marginal value of all commodities, the money commodity included. Industrialization, for example, allowed the same amount of labor-power to produce a larger quantity of commodities, lowering the marginal value of each. Industrialization did the same for gold production, shifting its relative value to the world of commodities in the same way.

[3] The recent right-wing coup in Bolivia represents an example of this strategy. The United States could not tolerate an independent government controlling a significant supply of lithium. Even if Tesla buys its lithium in Australia, the prospect of an anti-colonial government controlling enough supply to boost prices — especially in alliance with China — not only impacts the automotive industry, it actually poses a risk for the whole monetary system. 

[4] Another way of putting this: the falling rate of profit produced rampant financialization which collided with class struggle against imperialist occupation and Western hegemony to destabilize commodity exchange on a fundamental level. 

[5] The crisis is internal to capitalism, not exogenous, the result of rampant deforestation and imperialist supply chains. See Rob Wallace et al. “COVID-19 and the Circuits of Capital.”

[6] Bid upwards by class struggle — workers fighting for higher wages, peasants demanding fairer prices for their outputs, colonized countries taking charge of their resources, etc.

Remembering Guaidó’s Last Stand

[Photo: Mark Wilson/Getty Images]

By Matthew Dolezal

Originally published at the author’s blog.

The year of our Lord 2020 will likely go down in the history books as one of the most existentially ridiculous years ever. It began with President Donald Trump belligerently assassinating Iranian General Qassem Soleimani, who was on a peace mission in Iraq. Unlike many controversial Middle Eastern figures, Solemani was universally beloved in Iran and played a leading role in the defeat of ISIS in Syria. Shortly thereafter, Chinese officials isolated a novel coronavirus strain noticing a strange influenza-like ailment afflicting residents in and around the city of Wuhan weeks earlier. Needless to say, the coronavirus behind what is now referred to as Covid-19 has led to a massive global pandemic. On May 25, with said catastrophe in full effect, a white Minneapolis police officer lynched an unarmed, nonviolent black man named George Floyd, causing nationwide rebellions and calls to defund/abolish the institution of American policing. And that’s just the tip of the quickly melting iceberg.

It has certainly been a hell of a year. But there’s a special little story that may have barely registered on the radar of all but the most avid connoisseurs of current events. During the first week of May, a ragtag gang of mercenaries launched from Colombia and was quickly apprehended by Venezuelan forces and socialist fishermen after attempting to invade the neighboring country via the coastal La Guaira State and the peninsula of Chuao. In the wake of this misadventure, news broke that two of the approximately sixty combatants were in fact American citizens and former Green Berets Luke Denman and Airan Berry. This embarrassingly botched mission, coined “Operation Gideon”, was quickly revealed to be yet another coup attempt against democratically-elected Venezuelan President Nicolás Maduro and the Bolivarian government more broadly. A leaked contract described tactics that included captures, assassinations, drone strikes, and even death squads in order to “liberate” the oil-rich nation.

The lead planner behind the foiled operation was none other than Silvercorp CEO Jordan Goudreau. Gourdreau's Florida-based private security firm was contracted for $212.9 million, yet only offered the aforementioned mercenaries between $50,000 and $100,000 each for their life-threatening services. Silvercorp USA initially began with hopes of converting military veterans into school security personnel — theoretically to protect students from school shooters for a small subscription fee — but the scheme appears to have been shelved. Gourdreau, himself a U.S. Army veteran, teamed up with retired Venezuelan General Cliver Alcala, who had previously been involved in various coup plots, often with assistance from the right-wing Colombian government. This was supposed to be Silvercorp’s big break.

As journalist Lucas Koerner summarized, “Jordan Goudreau, 43, was responsible for training a contingent of 300 Venezuelan army deserters in Colombia, who were to penetrate Venezuela in a heavily armed caravan and seize the capital of Caracas within 96 hours.” These details and more had been laid out in the aforementioned contract, which, thankfully, also contained an equal opportunity employment clause, promising to be inclusive “across gender, ethnicity, age, disabilities and national origin…”

One of the most notable aspects of the contract, however, is the fact that it named Juan Guaidó as the operation’s “Commander in Chief.” Guaidó, who initially denied any involvement, is a disgraced Venezuelan politician who clumsily declared himself “interim president” of the Bolivarian republic early last year and has since become embroiled in a corruption scandal.

The political trajectory of Guaidó is fascinating in its own right. In 2007, after graduating from Andrés Bello Catholic University in Caracas, Guaidó moved to Washington, D.C. to study under neoliberal economist Luis Enrique Berrizbeitia at George Washington University. Later that year, he took part in anti-government rallies after the Venezuelan government declined to renew the license of Radio Caracas Televisión (RCTV) — a privately owned station that played a prominent role in the 2002 coup attempt against then-president Hugo Chávez (an event chronicled in a documentary entitled, "The Revolution Will Not Be Televised"). And thus began Guaidó’s tumultuous tenure in the realm of Venezuelan politics.

The young Guaidó continued taking part in anti-government demonstrations with “Generation 2007” youth activists, and, in 2009, helped establish the Popular Will Party with infamous right-wing political figure Leopoldo Lopez. During the subsequent years, Guaidó met with various regime change specialists and wealthy business owners, and even participated in the violent guarimbas in 2014, which aimed to destabilize and ultimately overthrow the government. The emerging political figure then proceeded to publicly whitewash the deadly tactics used by right-wing protesters, presenting himself as a polished and professional advocate for democracy.

Guaidó also participated in Venezuela’s National Assembly, spending many years as an alternate deputy, until the 2015 elections when he narrowly secured a seat on the governing body. The opposition-dominated National Assembly eventually selected Guaidó as its president — a position that is awarded on a rotating basis. This new development made Guaidó the perfect candidate for Washington’s regime change efforts. Despite still being unknown to 81% of Venezuelans, Guaidó declared himself “interim president” on January 22, 2019 with the full support of the Trump administration. What followed was a series of Western media misinformation campaigns, bungled coup attempts, and, after all else failed, a new wave of U.S. economic sanctions that killed an estimated 40,000 Venezuelans in just one year.

After losing his National Assembly seat in early January, 2020, Guaidó staged a childish scene in which he attempted to climb over the fence surrounding parliament. The floundering politician then faded from the spotlight until the recent failed incursion. Indeed, Operation Gideon — also referred to as “Stupid Bay of Pigs” — appears to have been a pathetic, last-ditch effort to install Guaidó as Venezuela’s president and implement a program of neoliberal “shock therapy”, primarily focused on privatizing the country's vast oil reserves.

Though appearing exotic on its surface, this quaint anecdote also fits into the “bigger picture” of 2020’s troubling zeitgeist. As part of its long-standing policy of violent imperialism throughout Latin America, the U.S. government funded the aforementioned 2002 coup attempt in Venezuela, hoping to oust popular president Hugo Chávez. Despite its consistent two-decade commitment to disrupting the progressive Bolivarian Revolution, the world’s only remaining empire has evidently failed miserably. This defeated regime change effort mirrors other recent U.S. foreign policy failures, such as that of the devastating Syrian proxy war. In keeping with its increasingly desperate imperial ambitions, the U.S. has now lashed out against China — its main competitor on the global stage and a nation that has aided Venezuela amid the aforementioned brutal sanctions. The epic downfall of Juan Guaidó is not only a tale of personal and professional shortcoming, but could also symbolize a decline in the neoliberal global order more broadly, with new possibilities on the horizon.