GeoLCLY :
🇺🇸 How the U.S. Used “Free Markets” to Extract Wealth Globally
1. Dollar Hegemony + Debt Empire
After the dollar unpegged from gold in 1971, the U.S. exported inflation and printed money to buy global assets.
By making the dollar the default reserve currency, it forced countries to hoard USD and buy U.S. debt—America ruled by borrowing.
2. “Free Market” as a Weapon
Through the 1985 Plaza Accord, the U.S. forced Japan and Europe to strengthen their currencies—crippling exports.
Korea and Japan were pushed to open their financial sectors, letting U.S. capital buy into top assets.
Using trade sanctions (like Section 301), Washington pressured allies to abandon protection of state firms.
3. Controlling Global Institutions
IMF and World Bank loans came with strings: privatize, deregulate, let U.S. capital in.
The WTO pushed “free trade” rules—but the U.S. kept protecting its own sectors (e.g. agriculture, defense, tech).
4. Neoliberal Indoctrination + Regime Influence
Washington exported ideas like “small government” and “privatization,” weakening state control in Japan, UK, and Korea.
It backed pro-American politicians and even used “color revolutions” to reshape foreign governments.
5. Financial Harvest + Tech Monopoly
With global stock markets opened, U.S. funds bought controlling stakes in key firms across allies.
Meanwhile, the U.S. never shared core tech—instead using patents, export bans, and licensing restrictions to stay on top.
6. Destroying State-Owned Enterprises (SOEs)
Allies were pushed to privatize state assets:
Thatcher’s UK sold off utilities, Japan privatized postal banks, and Korea was forced to break up chaebols.
The result: national wealth flowed into U.S.-linked private hands.
Europe’s Forced Liberalization for U.S. Gain
• Under the name of “free market reform,” the U.S. demanded Europe fully open its markets and reduce regulations:
• In 1986, the UK launched its “Big Bang” deregulation, allowing Wall Street to flood into London’s financial markets.
• The EU was pressured to privatize, making state assets attractive targets for acquisition by American capital.
2025-07-16 11:23:32