Black Agenda Report
Black Agenda Report
News, commentary and analysis from the black left.

  • Home
  • Africa
  • African America
  • Education
  • Environment
  • International
  • Media and Culture
  • Political Economy
  • Radio
  • US Politics
  • War and Empire

Once Again, the Empire Rolls the Dice of War
08 Jan 2015
🖨️ Print Article

Once Again, the Empire Rolls the Dice of War

A Black Agenda Radio commentary by executive editor Glen Ford

“If the war against Iraq was dumb, the oil price war is the Mother of Dementia.”

Twelve years ago, the people who rule the United States wagered the fate of its decaying empire on a lightning military strike into the Middle East, beginning with the rapid conquest of Iraq. From there, the Americans planned to project imperial power deep into energy-rich central Asia, allowing Washington to isolate and strangle China, which was then only a few years away from becoming the world’s largest economy. America’s pivotal ally in the region was Saudi Arabia, the most reactionary regime on the face of the earth and a client state of the U.S. since the end of World War Two.

Instead of containing China, the Americans “accelerated the processes of their own ruin,” as I predicted on the very day they invaded Iraq. George Bush’s successor, Barack Obama, called it a “dumb war.” But, in fact, the Iraq War was a calculated act of desperate men, based on the inescapable facts of imperial decline and the logic of class survival. It was a war in which the potential damage to U.S. power and prestige in the world was weighed and measured against the consequences of allowing China to continue its rise, possibly in a future partnership with Russia, creating a new nexus of economic and political collaboration that would draw in Brazil, India, Latin America – and, eventually, even Europe. In other words, U.S. imperialism looked into the near future, and saw its own death. It chose not to die, but to preemptively re-set the global chessboard, knowing full well that failure in Iraq would hasten the pace of imperial decline. George Bush rolled the dice – and lost. But, that’s what any ruling class would do when staring death in the face.

Forestalling the Inevitable

Barack Obama, who answers to the same masters as Bush, entered office confronting the same scenario as his predecessor – only from an even weaker position. Obama chose to spread chaos through proxy jihadist wars in North Africa and the Middle East – in partnership with Saudi Arabia. But the pace of imperial decline had quickened decisively with the financial meltdown. Chaos is an unreliable weapon, and jihadists are no friends of Wall Street bankers or Saudi royalty. China is the acknowledged economic top dog, with Russia as a partner and the rest of the world reconfiguring itself. Death is still breathing down U.S. imperialism’s neck.

And so, Barack Obama, like George Bush before him, rolls the dice of war.

His partner, once again, is Saudi Arabia, without which the breathtaking plunge in oil prices could not have occurred. This time around, Washington aims to cripple Russia, before moving against China, by destabilizing the whole world’s energy sector – including U.S. energy production. But, that’s like setting your apartment on fire to get rid of an unwanted roommate. There is no way to calibrate and control such an assault on energy pricing, no possible means of avoiding a cascade of unintended consequences to the world economy. If the war against Iraq was dumb, the oil price war is the Mother of Dementia, and cannot help but further unravel all manner of capitalist structures – including deadly derivatives – throughout the planet.

But, doomed systems and declining classes will do anything to forestall the inevitable.

For Black Agenda Radio, I’m Glen Ford. On the web, go to BlackAgendaReport.com, and sign up for email notifications of our new issues, each Wednesday.

BAR executive editor Glen Ford can be contacted at Glen.Ford@BlackAgendaReport.com.



Your browser does not support the audio element.

listen
http://traffic.libsyn.com/blackagendareport/20150107_gf_OilPriceWar.mp3

More Stories


  • ​​​​​​​ Ajamu Baraka, BAR editor and columnist
    Breaking the Silence Revisited: Gaza, Venezuela, and the Enduring Relevance of Dr. King’s Critique of Empire
    14 Jan 2026
    The annual ritual of sanitizing Martin Luther King Jr. serves to obscure his radical anti-war politics, which are urgently needed to challenge U.S. imperialism.
  • Editors, The Black Agenda Review
    ESSAY: Autocracy in the U.S. Virgin Islands, Eric D. Walrond, 1923
    14 Jan 2026
    “[T]he United States on March 31, 1917,...acquired the three Danish West Indian isles…subsequently rechristened “the Virgin Islands of the United States.” 
  • Ann Garrison, BAR Contributing Editor
    The Bolivarian Legacy, from Hugo Chávez to Nicolás Maduro
    14 Jan 2026
    Attorney Dan Kovalik is an attorney representing Colombian President Gustavo Petro. He is also author of The Plot to Overthrow Venezuela: How the US Is Orchestrating a Coup for Oil. Skyhorse…
  • Raymond Nat Turner, BAR poet-in-residence
    Spinning Half-truth straw into big lie gold…
    14 Jan 2026
    "Spinning Half-truth straw into big lie gold…" is the latest from BAR's Poet-in-Residence.
  • Anthony Karefa Rogers-Wright
    The Domestic Global South and The Need for Climate and Environmental Internationalism
    14 Jan 2026
    True environmental liberation demands south-to-south solidarity against racial capitalism, linking the struggles of oppressed communities from Palestine to Louisiana under a shared framework of…
  • Load More
Subscribe
connect with us
about us
contact us