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18 The Burning Spear
November-December 2007
Build to Win
Opinions · Analyses · Comments
International monetary and financial systems are weapons of war
Sbusiso Xaba, former president of PAYCO
By Sbusiso Xaba, former
President of the Pan
Africanist Youth
Congress (PAYCO) of
Azania
It is amazing that society never
questions the ideological foundation
of the concept of money,
and the currency for private entities
or fiscal policies for public entities.
Society consumes the idea
of economics as though it is as
natural as drinking water.
The serious crisis is that money,
the most common medium of
exchange that functions as legal
tender, remains an unknown entity
with value drawn from casual
studies rather than science.
Illogical theories
Economists and financial experts
will give a lot of explanations
and present many theories
including the supply and demand
concepts. They go further to exaggerate
issues by postulating
unnatural theories of market behavior
to attempt to cover the fact
that money, since the abolition of
the gold standard, remains the
biggest scam on earth — as naïve
as that may sound.
Independent thinking and logic
say that the value of money is actually
based on nothing. It should
be strongly said that money is not
worth the paper it is written on.
The value is said to be based
on circulation, which is impossible
to calculate. Thus, the assumption
that money is representative
of some wealth defies all reasoning.
The history of money has always
being directly related to the
ruling class orientation and its
values. The ruling class valued
various metals used in exchange
coins relative to the metals’ contribution
to the sustenance of their
military hegemony or the perceived
prestige caused by availability.
It is in this period in history
that information systems have become
the most powerful weapon
of war. Therefore, gigabytes are a
new coin metal.
Similar to other weapons systems
like missiles or ballistic systems,
it makes the soldiers no
longer have to strain their muscle
to let mayhem take place. They
make things happen by the touch
of a button. Money is created,
transferred or destroyed by the
touch of a button.
Ideological impurity of
money
The above argument has established
that money is an ideological
expression. Capitalist Henry
Ford confirmed the ideological
intricacies of currency when he
said “I am not interested in money
but in the things of which money
is the symbol.”
It is at this juncture that it
becomes easier to examine the
Zimbabwean war as being no different
to the Iraqi war. Both wars
are about the control of natural
resources, namely, oil in the Persian
Gulf and precious stones in
the continent of Africa.
The weaponry used is different,
with the Iraqi war being fought
through hardware while software
— in the form of financial systems
— has been deployed in the Zimbabwean
war. The desired goal is
one and weapons are matters of
strategy and tactics.
The victims of both wars are
indigenous people who are owners
of these resources so that they
view their resources as a curse.
Land war raging in Zimbabwe
In his book, The Art of War,
Sun Tzu taught generals from
2,500 years ago that wars are
won by deceit — by confusing
your enemy. He emphasized that
the enemy should not understand
your formations and must not be
able to predict your next move to
guarantee victory.
Is that not what is happening
in Zimbabwe? The apparatus for
deception in this war is the media,
which is deployed to mobilize all
the Europeans spread in all the
corners of the planet and disorientate
the enemy, i.e. the Africans.
The economic meltdown is not
fuelled by sudden change in the
rate of production or any fundamental
economic indicator in Zimbabwe.
The misfortune is sponsored
by the racist perceptions on
currency markets, controlled by
Europeans on the Zimbabwean
dollar.
It is no surprise that the currency
fluctuation is the only problem
in the Zimbabwean economy
that causes the economy to be
classified as in crisis by ordinary
Africans. The conscious decision
not to accept Zimbabwean negotiable
instruments on the table
of international trade — that destroys
money at a click of a button
—condemns Africans to economic
depravation in Zimbabwe.
This is done to effect regime
change to re-establish security for
European private property. The
Europeans intend to destroy any
aspiration for indigenization of the
Zimbabwean economy, effectively
crushing the logic of African workers’
desire for self-determination.
War time inflation
This phenomenon of war is
then sugarcoated by many reasonable
explanations including
the concept of inflation. Inflation
is a general and progressive or
sharp increase in prices when
the amount of money supply and
business activity dramatically increase.
Africans, including the government
of Zimbabwe, do not own
the means of production, therefore
they cannot cause inflation,
and there is no dramatic increase
in business activity as per the definition
of inflation.
The prices are just increasing
illogically. The explanation of this
illogical trend in the neo-liberal
media is always accompanied by
the line that says the crumbling
economy is caused by poor management
of the economy epitomized
by the removal of white
commercial farmers.
Fuel shortage and long
queues to buy basic goods in Zimbabwe
are all results of currency
exchange systems referred to as
money that must be recognized
as the most effective weapons for
the current world dominion.
The concept of money wages
has given power to the capitalists
to think that money is the most
important thing to give and to rule
the lives of the toiling, oppressed
masses in Africa and in the Diaspora.
African People’s Socialist Party
www.uhurunews.com
www.apspuhuru.org