Showing posts with label TPP. Show all posts
Showing posts with label TPP. Show all posts

Monday, January 16, 2017

USA / Donald Trump government: Priority in serving the general interests of the capital

Article published on 'Rizospastis' Sunday Edition, 15 January 2017 / Translation: In Defense of Communism.

The priorities of the government of the newly-elected U.S. President, Donald Trump, who takes office on January 20th, do not differ from those of the outgoing President Barack Obama because- despite the existing differences in their declarations- their common denominator is to safeguard the general interests of the bourgeoisie. That doesn't negate a multilevel intra-bourgeois confrontation for the way through which this will be achieved more effectively, especially in a period when the inter-imperialist antagonism is exacerbated, with an estimated relative loss of U.S. leadership in the international capitalist economy and given the difficulties for a more impetuous capitalist recovery. More specifically Trump promotes a different mix of management with stronger elements of protectionism, an issue which however creates difficulties in international trade, which in turn displeases other parts of the (U.S) capital.