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From john_evans link the threat to bananas from "Panama Disease".

Not so long ago the Western world was briefly awakened by revelation [source?] of corruption through the "Panama Papers". To my knowledge the expression "Banana Republic" refers to endemic corruption, not fruits. The hand of Uncle Sam ... 😎

It's clear money and fluent wealth [capital] corrups. U.S. Congress and unlimited dollars in political campaign is a major cause of corruption. Under presidents Ronald Reagan, George Bush and today's Donald Trump the genie has come out if the bottle. There are many examples where democracy "in name only" had been replaced by authoritarian and dictatorial regimes. A Boris Johnson and his gang of Conservatives wanting to emulatie Trump and his gangsters from the business world. Running executive foreign policy as a mobster of New York, where his roots lie.

Diplomacy, compromise and negotiations have been replaced by bullying, dictat and bribery. To extend American legal reach across the globe is a concern for all citizens where NSA and GCHQ have reached a level far beyond the imagination of 1984 and Big Brother. Human intelligence has been replaced by dumb a$$es and soon by AI and robots. Machines may survive as Human kind perishes.

The 20th century scourge of Communism has been replaced ... living in a new phenomina of inequality and hopelessness for too many.

by Oui on Fri Nov 22nd, 2019 at 09:35:48 AM EST
[ Parent ]
of what--European "foreign direct investment" in Central and South American real estate since 1450? Or European and US "foreign direct investment" in Central and South American sovereignty since 1450? Or "political stability" among Central and South American peoples which has not occurred?

You didn't read the background posted nor did you solve the riddle, How history of "political instability" across Central or South America is analogous to trade relations or forthcoming hostilities between the UK and EU--the thesis of the principal post.

Why is that?

Diversity is the key to economic and political evolution.

by Cat on Fri Nov 22nd, 2019 at 01:03:18 PM EST
[ Parent ]
Because the term "banana republic" in popular (imperialist) European discourse refers not to the production or trade in bananas but is instead a metaphor for political corruption, instability, and incompetence which Europeans like to associated with certain Latin American dictatorships (ignoring their historic responsibility for causing it) and using it as an insult to hurl at political opponents.

Index of Frank's Diaries
by Frank Schnittger (mail Frankschnittger at hot male dotty communists) on Fri Nov 22nd, 2019 at 03:02:03 PM EST
[ Parent ]
I am not a fan of neologism. I might have mentioned.

History of the potato is a wonderful illustration of how "Europeans like to associate[] with certain Latin American dictatorships" rather than their own.

Diversity is the key to economic and political evolution.

by Cat on Fri Nov 22nd, 2019 at 04:57:25 PM EST
[ Parent ]
Wiki
In 1901, the American author O. Henry coined the term to describe Honduras and neighbouring countries under economic exploitation by U.S. corporations, such as the United Fruit Company...

So it is a rather old neologism...

Index of Frank's Diaries

by Frank Schnittger (mail Frankschnittger at hot male dotty communists) on Fri Nov 22nd, 2019 at 05:11:20 PM EST
[ Parent ]
Previously posted references in this thread to US trade history with CENTRAL AMERICA. I surmise, you didn't read any.

O. Henry, momentarily Twain's contemporary, was a prolific US American writer of short stories--akin to homely parables--typically published in periodicals, magazines. "The Gift of the Magi" easily is the most well-worn title printed to elementary school syllabuses. The book Cabbages and Kings (1904) is a satirical reproduction of manifest destiny immediately concluding the Spanish American War (neologism: Philippine-American War). One Hundred Years of Solitude (1967) is a similar study of imperial factors (read: UK-English agents).

"Banana republic" is not a neologism. That phrase literally is but one among hundreds of descriptive fragments in the narration of an American company's governance of its "estate". I don't expect that you'll read it.

...Bernard Brannigan was the great merchant of Coralio. Besides his store, he maintained a train of pack mules, and carried on a lively trade with the interior towns and villages. He had married a native lady of high Castilian descent, but with a tinge of Indian brown showing through her olive cheek. The union of the Irish and the Spanish had produced, as it so often has, an offshoot of rare beauty and variety. They were very excellent people indeed, and the upper story of their house was ready to be placed at the service of Geddie and Paula as soon as he should make up his mind to speak about it.

By the time two hours were whiled away the consul tired of reading. The papers lay scattered about him on the gallery. Reclining there, he gazed dreamily out upon an Eden. A clump of banana plants interposed their broad shields between him and the sun. The gentle slope from the consulate to the sea was covered with the dark-green foliage of lemon-trees and orange-trees just bursting into bloom. A lagoon pierced the land like a dark, jagged crystal, and above it a pale ceiba-tree rose almost to the clouds. The waving cocoanut palms on the beach flared their decorative green leaves against the slate of an almost quiescent sea. His senses were cognizant of brilliant scarlets and ochres amid the vert of the coppice, of odours of fruit and bloom and the smoke from Chanca's clay oven under the calabash-tree; of the treble laughter of the native women in their huts, the song of the robin, the salt taste of the breeze, the diminuendo of the faint surf running along the shore--and, gradually, of a white speck, growing to a blur, that intruded itself upon the drab prospect of the sea....



Diversity is the key to economic and political evolution.
by Cat on Fri Nov 22nd, 2019 at 06:35:06 PM EST
[ Parent ]
I hope Macron's remarks do not lead to repair work in NATO HQ....

is the more pertinent and interesting comment with respect to the thesis of the principal post.

WHEREAS 600 years of "shared history" in "foreign policy" dedicated to "foreign direct investment" in violently subjugated economic resources, plantation for commodification of same, and "financialization" of public and private "growth";

WHEREAS such mutually beneficial enterprise continues to rationalize both lucrative and menial jobs saved or created in complementary industries for citizens of the "Allied" nations;

WHEREAS organizational transformation is difficult to predict and so-called neoliberal advocates for international trade are reluctant to divest ownership interests in "developing" countries, the replacement value vested in PESCO is as yet manifest;

an eruption of armed hostilities between UK and EU governments over either a bi-lateral trade agreement or comparable balances of trade with so-called Third World governments is improbable. Coordination of maintenance of effort in their "shared history" is nearly as certain as the rising tide.

Diversity is the key to economic and political evolution.

by Cat on Fri Nov 22nd, 2019 at 04:23:54 PM EST
[ Parent ]
Perhaps it is because Ireland is not a NATO member, or  perhaps it is because of Trump's disinterest in NATO, but I remain sceptical about the degree to which the UK can leverage a shared NATO membership to achieve more favourable terms of trade with the EU.

An EU/Russia economic détente seems a more likely outcome of Brexit.

Certainly some intelligence, anti-terrorism and crime fighting cooperation will persist, but will non-NATO EU members be prepared to make trade concessions (over, say, fisheries) to bolster intra-NATO collaboration which should be happening independently of the EU in any case?

The EU was founded to contain geo-political rivalries between the major European powers. NATO will (probably) continue to perform a similar function. But I doubt that the UK's stepping outside of the EU's cooperation umbrella will be rewarded by more favourable trade terms.

A threat by the US/UK to exit NATO might be the only way to revive that "brain dead" organisation...

Index of Frank's Diaries

by Frank Schnittger (mail Frankschnittger at hot male dotty communists) on Fri Nov 22nd, 2019 at 05:05:34 PM EST
[ Parent ]
A threat by the US/UK to exit NATO

How about a referendum? Boris?

by gk (gk (gk quattro due due sette @gmail.com)) on Fri Nov 22nd, 2019 at 05:08:38 PM EST
[ Parent ]
That's why Labour will kick-start a Green Industrial Revolution that will create one million jobs in the UK to transform our industry, energy, transport, agriculture and our buildings, while restoring nature. Our Green New Deal aims to achieve the substantial majority of our emissions reductions by 2030 in a way that is evidence-based, just and that delivers an economy that serves the interests of the many, not the few.  

Just as the original Industrial Revolution brought industry, jobs and pride to our town ... [Labour Manifesto 2019: 12]

Given your understanding of events, capital requirements, and "geo-political rivalry" which predicated "the original Industrial Revolution" of Europe, is the proposition feasible, delusional, or a demonstration of "magical realism"?

Diversity is the key to economic and political evolution.

by Cat on Fri Nov 22nd, 2019 at 06:51:13 PM EST
[ Parent ]
I thought the original Industrial Revolution brought poverty to the skilled workers (hence the Luddites) while the jobs and pride came a century or more later. But the Manifesto is addressed to people who think that Brexit will bring back control, so in that context it may make sense.
by gk (gk (gk quattro due due sette @gmail.com)) on Fri Nov 22nd, 2019 at 07:24:51 PM EST
[ Parent ]
Also: is there anything in the Labour "Green New Deal" which requires the UK first to leave the EU?

Environmental policies are not constrained by EU membership.

VdL is also harping about a Green New Deal for Europe.

by Bernard on Fri Nov 22nd, 2019 at 07:58:35 PM EST
[ Parent ]
Yes. Promise to execute a legally-binding referendum remain or leave result.... qualified with column-inches of dodgy NEW! Withdrawal Agreement negotiation.

Diversity is the key to economic and political evolution.
by Cat on Fri Nov 22nd, 2019 at 08:51:42 PM EST
[ Parent ]
You may be thinking of the LOW-skilled workers rather than the MIDDLE-skilled workers and HIGH-skilled workers who took management posts at company trading posts, administrative offices, and plantations from, oh, 1640 until the wars of independence in the colonies after WWII.

Diversity is the key to economic and political evolution.
by Cat on Fri Nov 22nd, 2019 at 09:00:48 PM EST
[ Parent ]
Prior to the GLORIOUS REVOLUTION and "boreal crown", England's economic growth and sub-division of industry into wage dependency blossomed with supply of diverse raw materials from continental entrepreneurs, chiefly Dutch circum-navigators.

I might have mentioned 9. "Commodity" and "Commonweal": Economic and Social Problems, 1520-1560, because the entire semester is such a droll yarn. Crown joint stock charters show up ~6 min before the end of that lecture.

Diversity is the key to economic and political evolution.

by Cat on Fri Nov 22nd, 2019 at 09:24:58 PM EST
[ Parent ]
We are speaking in broad generalities here but my impression of preferment in the British colonial service and trading companies was not that promotion was based on skill, but rather was more about coming from the "right families", being made of "the right stuff", going to the right schools, and having a good wartime record as an officer.

Members of the "working classes", however skilled, rarely made it to the officer ranks in the military, or management offices in the civil and commercial sectors. This might have been partly due to the disparity in the levels of education available to the working and middle classes, but mainly it was just about social class.

Index of Frank's Diaries

by Frank Schnittger (mail Frankschnittger at hot male dotty communists) on Fri Nov 22nd, 2019 at 10:45:27 PM EST
[ Parent ]


Diversity is the key to economic and political evolution.
by Cat on Sat Nov 23rd, 2019 at 04:09:16 AM EST
[ Parent ]
Several centuries of British rule of Ireland led by incompetent toffs and with the working classes doing the dirty work as foot soldiers and Black and Tans?

Index of Frank's Diaries
by Frank Schnittger (mail Frankschnittger at hot male dotty communists) on Sat Nov 23rd, 2019 at 12:03:24 PM EST
[ Parent ]
m'k. How about the Irish Times?

Diversity is the key to economic and political evolution.
by Cat on Sat Nov 23rd, 2019 at 07:56:28 PM EST
[ Parent ]
Members of the "working classes", however skilled, rarely made it to the officer ranks in the military, or management offices in the civil and commercial sectors.

It seems that in the Royal Navy they did have a problem of 'gentlemen and tarpaulins', where men coming from the commercial fleet ('tarpaulins', usually pressed to service during war) were better seamen and commanders than those of proper birth.

It was considered an obsolete problem by the early 18th century, when commissions required a proof of skill and a service in a lower rank. So, even if you were a gentleman, you had to join the Royal Navy as a young boy - a midshipman - and process trough the ranks. Provided you had the ability for sea and a patronage of an elder officer, who put your name forward at the right time.

Patronage would, of course, allow people to prefer relatives and peers, but since in the higher ranks career progress depended also on the whims of the Whitehall, people tried to bet on those most likely to progress into the level where they could return the support and loyalty.

Therefore, one of the tasks of a ship's captain was to make sure that the young officers learned to behave like gentlemen regardless of their background. They might end up as vice-admirals, after all.

by pelgus on Sun Nov 24th, 2019 at 12:01:08 PM EST
[ Parent ]
That's simply a terrible way to treat HRH's subjects. What was it that the Royal navy was doing by circumnavigating the world all those centuries? I forget.

Diversity is the key to economic and political evolution.
by Cat on Tue Dec 3rd, 2019 at 02:11:31 PM EST
[ Parent ]
It is a reasonable aspiration and should make some electoral impact - which is the main purpose of a manifesto. Of course Labour may find that "the coffers are empty" if/when they reach office and have to trim their plans accordingly.

It is a political necessity for Labour to offer an alternative to Tory austerity and if they can convince the electorate of its feasibility, it could be a vote winner. Game changer, I'm not too sure.

And BTW, there is no reason why this agenda couldn't be delivered from within the EU, and every reason to suppose their might be more resources to fund it if the UK were to Remain.

Index of Frank's Diaries

by Frank Schnittger (mail Frankschnittger at hot male dotty communists) on Fri Nov 22nd, 2019 at 07:53:46 PM EST
[ Parent ]
For contrast, I do appreciate the energetic "audit" of UK ahh leadership in Europe's security, national diplomacy, and "internationalism."  

Diversity is the key to economic and political evolution.
by Cat on Fri Nov 22nd, 2019 at 09:05:11 PM EST
[ Parent ]

(No relation to Corbyn's "deal" (Withdrawal Agreement))


Diversity is the key to economic and political evolution.

by Cat on Fri Nov 22nd, 2019 at 11:02:26 PM EST
[ Parent ]
A criticism of the Conservative Coalition government in 2010-12 was not that debt increased, but that they didn't focus on economic recovery - but prioritised deficit reduction at the wrong time. The deflationary fiscal policy proved a drag on the recovery, making it one of the slowest on record.

Debt under Conservatives 2010-19

How austerity broke Britain - and how we can recover

"Economics is not a binary concept"

Big increases in in-work relative poverty rate are about much more than just low pay | IFS |

by Oui on Fri Nov 22nd, 2019 at 09:57:58 PM EST
[ Parent ]
Economic recovery in The Netherlands

At the start of the crisis, government debt increased rapidly to 68 percent of the GDP in 2014. The accumulation of debt was mainly on account of state aid granted to financial institutions, falling tax revenues due to the economic downturn, and rising expenditure as a result of mounting unemployment. Recovery did follow after 2014. In 2017, government debt was in compliance with the European ceiling again (60 percent of GDP) for the first time since 2010. At the end of 2017, the Netherlands' government debt stood at 57.1 percent.

The Netherlands 10 years after Lehman Brothers

by Oui on Fri Nov 22nd, 2019 at 09:58:31 PM EST
[ Parent ]
The key issue leading to the economic problems faced both in the UK and the USA after 1970 was the reduction of tariffs and the loss of capital controls. With commercial elites in charge of trade policy that policy was directed for their benefit while domestic economic policy was left to suck hind titty. Blame for the resulting problems was deflected onto abandonment of the gold standard after '71.

In truth, the problem was more one of pretending that gold standard rigidities regarding monetary policy still applied. That prevented either country from enjoying the potential benefits of the new free floating FX system with respect to domestic policy. The result was forgoing possibly as much as $100 Trillion of potentially available economic activity since 1971. The fact that national policy was dominated by fossil fuel interests and the military industrial complex were the other major impediments to achieving a better future.

"It is not necessary to have hope in order to persevere."

by ARGeezer (ARGeezer a in a circle eurotrib daught com) on Sat Nov 23rd, 2019 at 05:41:40 PM EST
[ Parent ]
Everybody knows the worth of their weight in gold since the London Conference of '33, quipped Hull.



Diversity is the key to economic and political evolution.
by Cat on Sat Nov 23rd, 2019 at 08:31:46 PM EST
[ Parent ]
Can't be done, because not enough capital?
Do you subscribe to the Kellin "crowding out" voodoo doctrine?
Are you unaware that the UK has a sovereign currency, and no written doctrine forbidding monetary creation or debt financing?

It is rightly acknowledged that people of faith have no monopoly of virtue - Queen Elizabeth II
by eurogreen on Sat Nov 23rd, 2019 at 02:14:24 PM EST
[ Parent ]
It is an entirely reasonable - and long overdue - plan.
(Aka affirmation)


'The history of public debt is full of irony. It rarely follows our ideas of order and justice.' Thomas Piketty
by melo (melometa4(at)gmail.com) on Wed Dec 4th, 2019 at 10:11:17 PM EST
[ Parent ]
Say what you like about Trump, but one thing is evident: The US of A is not going to start WW3 if Russia invades, say, Turkey. Or Romania, or probably not even Poland. NATO is a left-over from WW2 and its aftermath, and probably obsolete.
by asdf on Tue Dec 3rd, 2019 at 12:44:08 AM EST
[ Parent ]
WWIII is already in progress. Tactical hostilities do not resemble what you had been taught to expect.

Start again.

Diversity is the key to economic and political evolution.

by Cat on Tue Dec 3rd, 2019 at 01:36:16 PM EST
[ Parent ]
Cue US colonial debt, Emma Lazurus gazing fondly on Statue of Liberty, and 140 chars of Derida quoted, allegedly.
Trump slams Macron for `insulting' and 'disrespectful' NATO comments
up-skirts First World, "developed" nations


Diversity is the key to economic and political evolution.
by Cat on Tue Dec 3rd, 2019 at 02:19:07 PM EST
[ Parent ]
Well I agree you are right about the different tactics of WW3. I'm not convinced it has actually started yet, though. We're still in the initial skirmishes stage. Waiting until an election has been reversed or a power grid has been disabled.
by asdf on Wed Dec 4th, 2019 at 04:36:37 AM EST
[ Parent ]
I understand. You live where?

Diversity is the key to economic and political evolution.
by Cat on Wed Dec 4th, 2019 at 07:57:45 PM EST
[ Parent ]
Colorado Springs
by asdf on Thu Dec 5th, 2019 at 02:34:24 AM EST
[ Parent ]
Where's the war beyond the border of Colorado Springs?

S.178 -- 116th Congress (2019-2020) Uyghur Human Rights Policy Act of 2019

Hong Kong Human Rights and Democracy Act of 2019

JCPOA

Venezuela and "Lima Group", Syria, Yemen, CAR

Diversity is the key to economic and political evolution.

by Cat on Sat Dec 7th, 2019 at 07:27:44 PM EST
[ Parent ]
I was thinking along the lines of how the Internet enables attacks on the financial industry, for example, by remote actors.
by asdf on Sat Dec 7th, 2019 at 10:29:34 PM EST
[ Parent ]
"remote actors" such as US Treasury? I understand. Without telecommunication a blockade of a land-locked "adversary" would be otherwise difficult to execute.

Pentagon chief plans to shift US focus to China and Russia

Even as security threats pile up in the Middle East
[...]
He focused instead on shifting the U.S. military's focus toward China and Russia -- "today's revisionist powers." He accused Moscow and Beijing of seeking "veto power" over the economic and security decisions of ["]smaller["] nations. ... He said he has been studying the force and resource requirements for every area of the globe to determine how to rebalance those resources.


Diversity is the key to economic and political evolution.
by Cat on Sun Dec 8th, 2019 at 01:17:52 AM EST
[ Parent ]
Right, and both China and Russia have their Internets tightly locked down, while the US is still operating under the old-time Unix viewpoint where everybody is cooperative and constructive and fair-minded.

After there is an Internet catastrophe in the US, it will also be locked down. Millions of middle school students will howl if they can't get to TikTok.

by asdf on Sun Dec 8th, 2019 at 06:51:11 PM EST
[ Parent ]
the US is still operating under the old-time Unix viewpoint where everybody is cooperative and constructive and fair-minded.
hmm, I was not aware of this condition
After there is an Internet catastrophe in the US, it will also be locked down.
How many "skirmishes" make an internet catastrophe? I must prepare for the next wave of Comcast "outages," electricity "outages," and ransom-ware ATTACKS on municipal hosted servers by stocking envelopes and rolls of Forever stamps.
Millions of middle school students will howl if they can't get to TikTok.
It appears, you might not have recently inspected K-12 "network security" facilities or middle school students' phone plans. These are firmly locked up.


Diversity is the key to economic and political evolution.
by Cat on Sun Dec 8th, 2019 at 08:04:07 PM EST
[ Parent ]
archived "skirmish"
China v. U.S. ... and Vice Versa

Locking out Grindr, on the other hand, might meet #Resistance.

Diversity is the key to economic and political evolution.

by Cat on Sun Dec 8th, 2019 at 08:36:53 PM EST
[ Parent ]
In the 1990s indeed NATO became obsolete. The attacks of 9/11 changed all that ... we're fighting global terror ever since. Return on investment is excellent ... terror deaths ever since has skyrocketed! Change the narratieve and all true followers of the "independent" media will carry the message. The relic of NATO is new born and going strong ... the old Soviet States of East Europe are a blessing with little disguise ... Rumfeld's New Europe.

Destroy NATO and nuclear weapons to invest in staving Our Planet Earth. 🌹

by Oui on Tue Dec 3rd, 2019 at 04:40:38 PM EST
[ Parent ]
Germans in favor of reducing reliance on USA

At start of NATO Conference in London, Trump lashes out at Macron for "brain-dead" remark. Felt personally insulted ...  

by Oui on Tue Dec 3rd, 2019 at 05:43:42 PM EST
[ Parent ]
Johnson takes Trump at his word on NHS and trade deal 😇

Oh dear, I wasn't joking about my friend Donald ...

"No. That's complete nonsense. I don't know where that comes from."  

Boris - Mayor -  Brexit - Arron Banks - Funding - Cambridge Analytica - Steve Bannon - NHS - UKIP - Farage - Trump - a believer in truth - Pravda - Big Brother propaganda

by Oui on Wed Dec 4th, 2019 at 04:07:19 PM EST
[ Parent ]
by Oui on Fri Dec 6th, 2019 at 08:02:57 AM EST
[ Parent ]
For the NATO reception, the dress code was cocktail attire ...

Diversity is the key to economic and political evolution.
by Cat on Tue Dec 3rd, 2019 at 07:29:12 PM EST
[ Parent ]
First Lady of the US wins the high heel shoes contest. But the "handshake" with Macron is going to cause some trouble.
by asdf on Wed Dec 4th, 2019 at 04:38:28 AM EST
[ Parent ]

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