The War Economy

Everyone’s seen those pie charts with multi-colored wedges representing percentages of the commodity economy. Every country has its own, some heavy on agricultural products, others on mining or fossil fuel production. In the United States, it is the war economy precipitated by agents of chaos that dominates, although it is rarely represented as such. In this war economy, peripheral industries — i.e., financial services and public relations — are given much play in media, but the core of the war economy, trafficking, is not.

In manufacturing violence — the primary American export product — the weaponry and logistics required in projecting US dominance gets the lion’s share of attention, while the trafficking of arms, drugs and humans that underpins financial services goes largely unmentioned. This merging of transnational criminal enterprise and official policy — made possible by money-laundering and fraud — is what is now termed the New Economy.

Consumerism — once focused on tangible goods — is now primarily an ideological practice, in which perception management and mass hypnosis are key components. Under private equity media, buying into ideas is child’s play.