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Indybay Feature

Rise of T-rump a result of 3 major historical trends

by DLi
The rise of T-rump is NOT a historical aberration. It is actually the logical outcome of 3 complex but interrelated trends in the 21st century: A)the continuing decline--even catastrophic--of Capitalist hegemony after 5 centuries of dominance. B)the inevitable transition to a multi-polar world community, and 3)an accelerated Climate Change.
Sadly, a major obstacle in the current period is the refusal of US Imperial elite's recognition of these critical trends and its desperation attempts to stem the historical tide, mainly thru military interventions across all continents that are effecting massive violence and instability. In addition, the impetus of creating phantom wealth via the invention of derivatives and other rapacious financial Ponzi schemes virtually guarantees a gigantic implosion of the financial bubble in the upcoming decade...

China is the ascending economic and financial power. But Beijing's acceptance of the NeoLiberal model--though less exploitative than the 19th- and 20th century Western Colonial regime--will objectively increase global resource depletion and Climate Change, because developing nations will want to emulate the Chinese economic growth model.

The upcoming and biggest challenge for socialist progressives and the global 99% is to urgently strive to find more Egalitarian, Sustainable, Collaborative and Transparent alternative development to the current Calamitous & Clunkered Capitalist paradigm. Peace & Imua!
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