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Headed for The Last one Standing

By       Message Philip Greene     Permalink
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I am not talking here about the wars which drag on endlessly in Iraq or Afghanistan (this generation's Forgotten War, even as it continues), but the economic war that has raged since the Industrial Revolution and Adam Smith's vision of the world.

I realize that this takes a bit of explaining.

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The Second World came about due to the economic and political sanctions forced upon Germany after the First World War. The victorious Allies wanted to crush any possibility of Germany's ever again rising to power and threatening the stability of the world the Allies wished to inhabit.

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When the Great Depression came along, Germany, probably more than any other western nation felt its effects. Inflation rose to astronomical levels -- a wheel barrow full of money was not enough to purchase even a loaf of bread -- and unemployment reached the point beyond crisis.

All this gave rise to Hitler who promised a better world if only the people of Germany would let him have the power to do what he knew was best for them. The result was that all of Europe and most of the rest of the world was driven into war by the Axis powers allied with Hitler.

When it was all over, only two combatants were left standing -- the U.S. and the U.S.S.R. -- two giants who were exhausted, but still on their feet and still able to produce goods and services. That ability created them as Superpowers and gave rise to the Cold War.

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Supposedly, that Cold War ended in 1990 with the collapse of the Soviet Union as an empire, leaving only the U.S. as a superpower in the world. American could finally have its way unchallenged and could make the world over in its own image.

As I look back over the same period of time -- and further back into the 18th Century and the Industrial Revolution, I see the same struggle taking place in terms of the power of commerce and money, with much the same outcome.

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For 12 years, as a professional journalist, I covered education, environmental legislation, criminal courts, and politics. Throughout my career, I described myself as from the "Dragnet School of journalism -- Just the facts, ma'am, just the (more...)
 

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