Five Characteristics of Neoimperialism - Military Hegemony and Fraud

Table of contents

1. The New Monopoly of Production and Circulation
2. The New Monopoly of Finance Capital
3. Minority of Financial Institutions Control Main Global Economic Arteries
4. The Globalization of Monopoly-Finance Capital
5. From Production to Speculative Finance
6. The Monopoly of the U.S. Dollar and Intellectual Property
7. The Spatial Expansion of the Capital-Labor Relation: Global Value Chains and the Global Labor Arbitrage
8. Monopoly-Finance Capital and Multinational Corporate Dominance
9. Neoimperialism and the Neoliberal State
10. U.S. Dollar Hegemony, Intellectual Property Rights, and the Plundering of Global Wealth
11. The New Monopoly of the International Oligarchic Alliance
12. The G7 as the Mainstay of the Imperial Capitalist Core
13. NATO and the International Monopoly-Capitalist Military and Political Alliance
14. Cultural Hegemony Dominated by Western “Universal Values”
15. The Economic Essence, the General Trend, and the Four Forms of Ideological Fraud
16. Economic Hegemony and Fraud
17. Political Hegemony and Fraud
18. Cultural Hegemony and Fraud
19. Military Hegemony and Fraud
20. Neoimperialism Is a Parasitic and Decaying Late Imperialism
21. Neoimperialism Is a Transitional and Moribund Late Capitalism

Since the disintegration of the Soviet Union, the United States has become increasingly presumptuous and has tended to resort to military force or threats in dealing with questions of international relations. In 1999, U.S.-led NATO forces bombed the Federal Republic of Yugoslavia, invoking the formula of “human rights above sovereignty.” In 2003, despite strong opposition from other countries, the United States invaded the sovereign state of Iraq. The Iraq War was not authorized by the UN Security Council, and Washington did not have any legal basis for its military intervention. The United States falsely claimed that Iraq possessed chemical weapons of mass destruction. After occupying Iraq, however, the United States found no evidence to prove that Iraq could produce chemical weapons of mass destruction. The real purpose of the United States in fabricating this lie was to control Iraq’s oil resources by military means.

The United States has consistently emphasized that its own interests should take first place and that its military advantages are not to be challenged. Although its economic strength has declined in relative terms, the United States is still expanding its arsenal and substantially increasing its defense spending. Since the Cold War, the United States has continued to create various military threats and pressures in Europe, the Middle East, and the Asia-Pacific region. To consolidate its hegemonic status, the United States has advocated and promoted NATO’s eastward expansion, with the goal of including all the Central and Eastern European countries in NATO’s sphere of influence and thus constricting Russia’s strategic space. In the Middle East, the United States aims to subvert the legitimate regimes of countries such as Syria and Iran by military means, and to support “color revolutions” in the region. In Asia in recent times, Washington has heightened tensions on the Korean peninsula and has also implemented its “Indo-Pacific strategy” aimed at containing China. The U.S. “Indian strategy” is serving to reveal the identity of its military allies and partners. Allies of the United States include Japan, South Korea, Australia, the Philippines, and Thailand, and its claimed “partners” include Singapore, Taiwan (China), New Zealand, Mongolia; a number of South Asian countries such as India, Sri Lanka, the Maldives, and Nepal; and various Southeast Asian countries such as Vietnam, Indonesia, and Malaysia. The United States further proposes to strengthen its cooperation with Brunei, Laos, and Cambodia. In addition, it will work together with traditional allies such as Britain, France, and Canada to protect so-called Indo-Pacific freedom and openness.74

With the increase in China’s national strength, various U.S. scholars have been eager to invoke the Thucydides trap, claiming that it is difficult for Sino-U.S. relations to escape from this logic. But the truth, as China’s president Xi Jinping has pointed out, is that there is currently no Thucydides trap. Such a trap might, however, be created if the United States and its allies repeatedly make strategic miscalculations involving great powers.75 It may be asserted that it is the military hegemony and fraud of the United States that provides the root cause of the widespread instability, constant local wars, rise of war threats, and refugee crises around the world.

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