DAS KAPITAL: ‘False Profits’, Inter-Capitalist Rivalries and Political Rebellion against the US Multinational Corporate Elite – By Prof. James Petras,

RIELPOLITIK

Source – globalresearch.ca

“…In the current phase of global capitalism, the most striking socio-economic dynamics are located in the deepening intra-capitalist conflicts between regions, nations and among segments of the capitalist class.  The ideologues of capitalist globalization and  regional integration are finally exposed as false prophets”:

I{nter-Capitalist Rivalries and Political Rebellion against the US Multinational Corporate Elite

Large-scale political and economic challenges are confronting the US multi-national corporate elite.  Apple, Google, Facebook, Microsoft, Pfizer and scores of other multinational tax evaders are facing the triple threat of multi-billion dollar fines, the redistribution of their wealth and the possible reintroduction of equitable socio-economic programs, which could undermine their power.

Washington-backed exporters and financiers, eager to impose free trade agreements on European and Asian business classes, have been faced with stiff resistance and outright rejection.

In Latin America, the Obama administration recently installed neo-liberal regimes in Argentina and…

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