Adonis Diaries

Posts Tagged ‘embargo

Has Covid-19 changed this notion of “Moral Entity”?

Note: Repost of 2011 article “A moral entity? What are multinational corporations?”

Even developed States are hostage to mega multinational financial “entities” and subordinated to their dictat.

Follow the money trail” is the principal rule for investigating criminal activities of mafia, dirty politicians, money launderer, and cases of conflict of interests in public institutions dealing with private enterprises.

“Follow the money trail” is a valid guiding rod to investigating how current deteriorating moral values and ethical conducts are making inroads into our societies and taking ascendency over well-tested sets of values.

Any sane thinking individual can find a direct link between how financial multinationals function and their corresponding predominant value system.

Financial multinationals are disseminating, by their global branches, and their affiliation with other companies and media, by their close cooperation with political organizations and States governing bodies, the value system and ethical standards that promote their interests (shareholders) and mentality of financial profit by all means.

As one State erect barriers to influx of unnecessary products and product competing with its autonomy, economic and financial security, and preserving its scarce resources, you find multinational companies vigorously push forward, dislodge the barriers and exploit resources of weaker nations.

Financial multinationals and multinational enterprises bribe their way and threaten with the heavy stick of their original powerful nations to impose their will and interests with makeshift contracts, not even valid in any serious court of justice.

Ironically, while a financial multinational threatens with embargo and sanctions, supported by its powerful government, it really don’t give a damn of the citizens of its original country: Money and profit have no restrictive citizens or smelling race. Money and profit  have no standard particular social value.

Who control a multinational corporation?  You might reply:

“He is the appointed General Director by the elected board members.”  Who control the board of directors?  You might say: The shareholders.  And you carry on your excuses for exploiting people and nations on the premise that shareholders invested for profit and they are generally not aware how the corporation do business on their behalf.

There are figure-head shareholders who elect nobody, and shareholders extending their voting rights to a third-party, and super electing body or “club of the old money

For example, you say this dictator control this State, and who control the dictators?  You might say the bondholders or the multinational financial institutions controlled by the club of old money.  And you ask: “who are these clubs of old money?”

And you start reading biographies of these old crooks who “whitened their money in highway-robbery schemes” and how their inheritors legitimately resumed the same crooked behavior:

They were elected to political offices and they finance election campaigns, and fund lobbies for special interest laws.

A “moral entity”?

Time to start redefining what a moral entity means.

It is time to get outraged big time and return the power and rights to the people.

The five superpowers are abusing of a massive smoke screen to vilifying Iran’s nuclear program as a serious threat to world peace.  Why Russia and China went along?  It seems that the US gave the two States sizeable political concessions.  What about France and England, the lesser two “superpowers” with veto rights at the UN, meant to be the biggest losers in that agreement?  The oil multinationals of France and England have succumbed to the US pressures and are out of Iran.

Let us go back to the latest Presidential election in Iran in June 2009.  The western media and State governments shouted fraud and kept up the music loud and sustained the media pressure for a month until it died down.

The opposition candidate, Hussein Moussavi, had for allies the urban upper and middle classes, the bazar merchants, and the urban clerics or mullahs:  The urban mullahs wanted to weaken the Rahbar (Supreme Guide) Kamenei in order to regain lost power and re-dip freely in the treasury.  President Ahmadinejad had for allies the countryside, the poor clerics in the countryside, the bassidjis (Revolution Guards), and the majority of the lower middle class (the patriots aghast with western powers’ pressures) residing in the poorer quarters in urban centers.  It is to be noted that urban centers dwellers are as populous as countryside people in Iran.  The army had no interest supporting the opposition since Iran was embarking on self-sufficiency in manufacturing the military hardware:  The army was in no mood of renegotiating the defense budget.

Fact is, Ahmadi won the election.  The small margin was not appreciated by the Rahbar Kamenei.  The crackdown on the Moussavi’s “green movement” at the eve of the result counting and the following weeks was mainly a preemptive show of force meaning: “We have won.  Do not count on us to negotiating sharing power”.  More precisely, the Rahbar Khamenei was sending the strong message: “You, mullahs and Ayatollahs of urban centers in Teheran, Shiraz, Mashhad, Tabriz, and Isfahan, you go to hell.  I am the Supreme Guide and I won’t be sharing power.”

The western powers got the Iranian message clear and loud: “This is not the proper time for Iran to bow down to foreign pressures,  Iran will be steadfast to its policy of putting Iran on the map among the great countries, having the means to demonstrating its independence, self-sufficiency, and self-autonomy to decision-making”

The “veto superpowers” decided to send a counter message: “We are the only ones to deciding who is to be a totally independent and self-sufficient State.” They voted on a stricter economic and military embargo.  The embargo is targeting the basseji (Revolutionary Guard) trade infrastructures that Ahmadi managed to institute as alternative competitor to the urban bazaars.  Anyway, the opposition lacks military organizations to counter the well-organized bassijis.

The embargo cannot hurt the lower middle class in Iran:  The government has opened up enough infrastructure projects to put this class to work.  The Revolutionary Guard has no alternative but to expand its businesses and to displacing the urban bazar merchants and wholesalers in the distribution of goods.  In medium-term, it is the middle class (the “green movement” opposition of this current government)  that will be crying “Uncle”.  But the US will feel helpless coming to their rescue:  The US will be striking deals with Ahmadi to getting out of Iraq and Afghanistan with the least cost possible.

My impression is that the blockade will not last effectively:  Russia and China have vast interests in Iran and are already worrying that the US is striking a deal with Iran at their expense.  Western Europe has most to lose in that conflict and will be sidetracked when the clouds clear-up:  France and England will scream “Uncle”.  But “Uncle Sam” is bankrupt and can no longer afford to extending another Marshal Plan to succor Europe.

The Iranian middle class of professionals and intellectuals have to get back to work; what they used to do in the US and overseas before they returned to Iran:  Working without shame and contributing to the effective nation’s production.  Working with and among the people is the foundation of individual dignity and means to efficient reforms:  The middle class in Iran has to stop playing coy.

Note:  Already Iran has secured an exit port to the Mediterranean Sea in Lebanon.  The latest extended visit of President Ahmadinejad to Lebanon was meant to fine tune his strategic position on the Mediterranean Sea as Iran will embark on producing inexpensive consumer goods.   It would be interesting for Lebanese merchants, with footholds in most of African States, to generating excellent profits when Iran begin building warehouses in Lebanese ports.  Most likely, Turkey will feel the heat for competition with its inexpensive goods, but most likely Iran and Turkey will iron out major divergences:  They have no alternatives but to cooperate closely.

Note 2: Empress Catherine of Russia managed an exit to the Black Sea “The jewel to my crown” in the late 18th century:  Currently, 80% of the Black Sea maritime trades as done by Russia merchant ships.




June 2023

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