Posts Tagged ‘Rusal’

Lobster Book Review on Corporate and Governmental Corruption in America

June 11, 2021

One of the fascinating book reviews Lobster has published recently is John Newsinger’s review of Sarah Chayes’ Everybody Knows: Corruption in America (London: Hurst 2020). Chayes worked for the western army of occupation in Afghanistan, during which time she came to realise that the American forces weren’t their to free the Afghans, secure democracy and defend women from a vicious and repressive theocracy. No, they were there to prop up Hamid Karzai’s massively corrupt government, whose members and clients were doing everything they could to screw whatever they could get out of Agha and Khanum Ordinary Afghan. This formed the subject of his first book, Thieves of State. In Everybody Knows, she turns to the subject of the massive corruption in America, most especially in Donald Trump’s administration.

The companies participating in this corporate looting of America and the rest of the world include the Koch companies, Goldman Sachs, one of whose former inmates is our own Rishi Sunak, the connections between Trump and Jeffrey Epstein, and the connections between the mercenary outfit Frontier Services Group and Cambridge Analytica. The politicos involved include Mitch McConnell and Steve Mnuchin. McConnell was active trying to hold up increased funding for health-care and pension funds for retired miners, many of whom were his own constituents. He also managed to redirect $4 million of a grant intended to pay for the clean-up of a heavily polluted industrial so that instead it helped to pay for a new, $200 million steel plant ready for its Russian owners, whom McConnell also helped get sanctions lifted on the Russian company, Rusal.

These networks don’t just infect the Republicans, as you’d expect. They’re also heavily interlinked with Democrat politicos and Clinton’s and Obama’s governments. One passage of the review which I found particularly interesting described Madeleine Albright’s corporate looting of Africa. She owns a company that specialises in buying up Third World debt and then forcing those nations to pay it. Of course it comes out their hard-pressed budgets for healthcare, clean drinking water and education. Her hedge fund, Albright Capital Management, bought out a company specialising in pop-up electricity plants in developing African nations. These benefit the countries’ kleptocratic leaders at the expense of local people, who remain ‘mired in pollution and conflict’. It was Madeleine Albright, if I remember correctly, who told American women that there was a special place in hell for them if they didn’t vote for Killary. I’d say there was a special place in hell reserved for someone who enriches herself and her already overprivileged friends and partners stealing badly needed money from the world’s very poorest.

How to tackle this corporate corruption and exploitation? Chayes and Newsinger make it clear that the corporate elites have been able to get away with this because of the massive transfer of wealth and power away from the working class. The book describes how the corruption of the American Gilded Age of the 19th century was successfully fought and broken by a militant and powerful working class. Newsinger’s review concludes

Chayes celebrates struggle through to the great class battles of the 1930s. She clearly recognises that the kleptocracy that is swallowing the world will only be beaten back if there is a shift in the balance of class forces; and will require, needs to be based on, struggle in the
workplace. What is needed, therefore, is the revival of a militant labour movement. And this is absolutely urgent because ‘the Midas disease’ threatens environmental catastrophe on an unprecedented scale. (pp. 283-284) She has come a long way since Afghanistan.

How this can be done with corporatist like Biden in charge of the Democrat party and the country, and the nullity Keir Starmer as head of the Labour party, remains a very good question. But this book review, and the light it sheds on the military-industrial complex in America and its looting of the Third World, is particularly relevant now that we have Biden and the other G7 leaders meeting in Cornwall.

If you want to read it, the reviews at: Everybody Knows (Book Review) (Summer 2021) (lobster-magazine.co.uk)