US enters ‘checkbook war’ with China
Sunday, March 16th, 2008One might assume that the approaching end of the George W Bush presidency is the beginning of the end of the American empire, at least as empire-building is usually seen - as an attempt to impose power on others by force.
The reason is simple: US forces in Iraq and Afghanistan are badly stretched, and the pleas of US Secretary of Defense Robert Gates to European countries to send more combat troops have fallen on deaf ears. Still, John McCain, the Republican presidential nominee, notes that the war could proceed “for a hundred years”.
The war in the Middle East is qualitatively different from the Vietnam War, in which McCain participated. In withdrawing from Southeast Asia, the US actually put itself out of danger, its battered prestige notwithstanding. The point is that Vietnam would not make any attempt to create problems for the US at the end of formal hostilities.
The situation is entirely different in Iraq and Afghanistan, where the US debacle will lead to intensifying efforts to harm American interests - and not only those of the US, but countries all over the globe.
From this perspective, the current wars are open-ended conflicts from which the US cannot extricate itself. Therefore, one could argue that the American empire is coming to its end and its global span could well be replaced by other powers, with China as the major candidate. The present situation in Africa serves as a prime example.
Recently, Bush visited Africa. While on the surface this was an expression of goodwill and an indication of US concern for African problems - poverty and the spread of pandemic disease, mostly - there were other purely pragmatic implications of the visit. One of these was Washington’s attempt to counter China’s growing influence. And in this competition with China, the US employs a weapon quite different from those used in Afghanistan and Iraq: the checkbook.
Financial and economic assistance was widely used during the Cold War. In fact, in Africa, as well as in other parts of the world, attachment to either “socialism” or “capitalism” was directly connected to the amount of cash or assistance received from the respective superpowers. And while the former Soviet Union could often prevail in the case of direct military confrontation between its proxy and the Americans’ proxy, it usually failed when the checkbook was employed. The US could easily outspend its rival, as at the time it was engaged in a “checkbook war” on a global scale.
