Tuesday, 31 March 2026

Michael Hudson

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It’s not just fighting against Iran now. It’s fighting against Iran, supported by Russia and China, because they all realize that this is a fight to the end, to decide: Is the United States going to be able to reassert its control over the world economy using monopolies? The oil monopoly, the information technology monopoly that it’s trying to do, the computer chip monopoly, the technology monopoly, also its ability to supply food to other countries, its exports and control of grain.

This is the last chance that it has. And there’s a feeling of desperation that has led the US planners to bet at all.

And that I think that it’s not going to work. All of the generals have told them that it’s not going to work. The generals who have been pessimistic have pretty much been forced out of the military, and the State Department, because, “If you’re pessimistic, well, why aren’t you on board? You know, why aren’t you on the team? Or are you Putin’s puppet? You know, you’ve just gotta have faith”.

America believed that it could not lose any war because its policy of bombing other countries was always going to work.

The American philosophy is, number one, you bomb civilians; you break all the rules of international law which are against that. You bomb civilians to demoralize them.

And if you concentrate, as Trump did along with Israel, a few weeks ago, you bomb the schools; you bomb the hospitals. That’s American policy in foreign countries.

It’s most visible in the case of Israeli policy, in Gaza, and now the West Bank as well. And it is the same policy that the United States has followed in Iran.

Well, the idea was that this would demoralize the population, and the Iranian population would want to get rid of the ayatollahs and say, “We don’t want to be bombed anymore; we want to save the children; let’s make a deal and appoint a leader favorable to the United States so that it will stop bombing us”.

Well, this was nonsense from the beginning, but it was the guiding spirit of American foreign policy: bomb a country, and that will lead to a regime change, and a collapse.

That was what America expected in Russia.

But Iran essentially has the same spirit that Patrick Henry had in America’s revolution against Britain in 1776. He said, “Give me liberty or give me death!”. And that’s exactly what Iran is saying.

For them, this is existential, because they know what the US plans are, since the United States has been so open about what its plans are.

Yes, they want a regime change; they want to break up Iran into parts; they want to take control of Iranian oil and use the oil export revenues to support the US dollar, and to support basically the US economy, and to give American foreign policy the option of turning off the oil to other countries, to say, “We can close down your industry, your chemical industry, all your industries that need electric power, oil, gas; we can do all that, if you take an independent policy, following your own sovereignty. And we in the United States reject the United Nations principle that every nation has its own sovereignty”.

This is the basic principle of Western civilization for the last half century, the basic principle of the United Nations Charter. All of that is being rejected by the United States.

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