China, Saudi Arabia, and the US

China, Saudi Arabia, and the US by James Petras – UNZ Review

Introduction

Major changes are roiling the states, societies and ruling classes of the biggest industrial economies, oil regimes and military complexes.

China is re-allocating its economic wealth toward building the most extensive modern infrastructure system in history, linking four continents.

Saudi Arabia is transferring a trillion dollars of pillage from princes to princes, from old business parasites to up-to-date versions, from austere desert mirages to fantasies of new mega-cities.

The United States is emptying the swamp of the Capital’s corruption and immediately replenishing it with the scandal of the day.

One Cabinet Secretary is fired; another Secretary is hired; one enemy is embraced; an ally denounced; the stock market flourishes and trade agreements are abandoned. One tax is sliced and pleases the powerful; another is spliced and chokes the consumers.

Turmoil, some would say; chaos, others would claim. And the stouthearted argue, that’s the way the world turns round.

But for all the world’s current ‘shaking’, there is substance and direction: There are models for the shaking-up and paradigms for the shaking down.

Shaking up’ occurs where visions of wealth and prosperity accompany science and discovery.

Shaking down’ is where the science of palace coups and the art of bloody intrigues fleece the poor while enriching and amusing the powerful.

The Art and Artist of the Shake Down

The Crown Prince of Saudi Arabia, Mohammed bin Salman (MBS), pursues a new policy of scientific, systematic, large-scale and long-term shakedown (SD). Science is evident in these procedures, in their rigorous identification of targets and their efficient methodology of securing subjects and achieving success.

MBS and his associates launched their policy of SD in several well-planned stages.

First, they cloaked the entire SD operation as part of the vast transformation of the Kingdom, accompanied by a string of Western buzzwords: modernization of a traditional society; cleansing the suites of corruption; diversifying the oil dependent economy; privatizing ARAMCO; and replacing camels and tents with a state-of-the-art mega city in the desert.

MBS thus moved to seize state power as the final act in an operation starting with a wave of shakedowns.

The Princes-in-waiting experienced the initial shakedown.

In orderly fashion, MBS wielded his royal sword on behalf of righteousness (according to his adoring fans in the Western press, like Thomas Friedman): Scores of corrupt princes and hundreds of the business and military elite were arrested (or abducted for ransom . . . and safe keeping).

The ‘shakedown’ was underway, but the captives were held in circumstances worthy of their status. The abduction, imprisonment and plea-bargaining for ransom and release took place in the 5-star Riyadh Ritz-Hilton.

The MBS meritocratic modernizers (MM) held the highest degrees in finance and accounting and were adept at calculating appropriate ransoms from each and every captive. The MM demanded hundreds of millions from the billionaires while the generals settled for an early retirement, stripped of pensions and commands. Upon payment and release, the newly fleeced Saudi Princelings fled to the brothels of Beirut to receive un-brotherly comfort. They were freed on one condition: They would return some of the Kingdom’s pillage to fund a ‘New Class’ in a ‘New Arabia’ under the Crown Prince MBS.

However, Western investors, who quietly kept their snouts in the ‘traditional trough’ of Saudi wealth, were not sure where they stood with MBS and his meritocratic modernizers. They needed to know, for the sake of their stockholders: Were they victims or beneficiaries of the big shakedown? Were they condemned to suffer among the corrupt billionaires or granted entry into the new realm of the virtuous Prince?

MBS may have carried out the largest shakedown in recent times, in the name of justice, but there are still no signs of a diversified, modern and prosperous society arising on the Arabian Peninsula. In some places, there rose a more diverse variety of shakedown artists and plotters: Many, who applaud the Crown Prince, await their share of the loot. In other parts of the peninsula, MBS continues to deliver famine, cholera and desperation and rain down bombs on the people of Yemen. If Israel could turn the remnant of Palestine into an open-air prison for periodic slaughter, MBS could find his own ‘Palestinians’ in Yemen for target practice.

China: The Shake Up

China is in the throes of one, two, many upheavals: Over one million high and low ranking officials and millionaires, who levied their own ‘private tax’ on the public treasury, will celebrate another Chinese New Year – in jail.

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