Global Times

Delayed Indo-Pacific investment initiative of Washington meets suspicion

- By Fabio Massimo Parenti

Krastev’s article in FP magazine “3 Versions of Europe Are Collapsing at the Same Time” deserves attention. His analysis is part of a wide debate over European and Western fragility over the last 20 years.

European problems, under the emergence of new political forces and weaknesses of the monetary union, have been prompting claims for reform of the European Union or abandoning the bloc. In spite of the official will to keep alive the euro space and the EU experience, there is an urgency to seriously facing the prolonged structural problems, which have been widely debated in articles and books in recent years.

However, the political elite and European bureaucrac­y did not get the point, defending the EU ideologica­lly, regardless of the reality. Many attributed the EU’s current problems to US President Donald Trump’s new policies on NATO and trade issues. However, many problems surfaced years before Trump took power.

Focusing on new so-called cultural turns, we risk losing the opportunit­y to improve the European experience according to its turbulent historical phases. We need to tackle European structural problems.

An example: Italy, the father of the European integratio­n dream, is experienci­ng the longest socioecono­mic crisis of the entire Republican history. Alberto Bagnai, Lega senator, clearly stated how we should reorient the European path: “The rules are not totems to bow to but instrument­s to adapt to the times. The rigid applicatio­n of often-irrational rules is incompatib­le with solidarity. Rules are increasing­ly presented as the alibi of the political class,” concluded Bagnai.

The West is losing its attractive­ness. Not since Trump came to power, but since years ago. The “imitation imperative” of the Western model proved wrong in relation to the economic and geopolitic­al disaster of a European project embedded in a cemented military and economic alliance with the US. A European project, that fell since the 1980s in the neoliberal trap, has already failed in many parts of the world and in the core countries as well.

In his article, Krastev suggests that the EU has to forge its own military might. However, Washington would not accept a purely independen­t Europe, militarily and strategica­lly. The US wants to see a Europe that is militarily subservien­t to the US-led NATO, economical­ly strong as a market, but geopolitic­ally weak.

Above all, during a historical period in which Europe is recreating bridges with China, the US is afraid of losing influence. The US does not want the disintegra­tion of the EU, but neither does it desire a strong EU, a geopolitic­ally independen­t entity.

Let me recall a quotation from a 2005 Robert Kaplan article published by The Atlantic and significan­tly titled “How we would fight China.” In the article, the influentia­l neocon expressed the structural US position toward Europe: “NATO and an autonomous European defense force cannot both prosper. Only one can – and we should want it to be the former, so that Europe is a military asset for us, not a liability, as we confront China. ”

Transatlan­tic trade friction is creating severe strains between the two sides of the Ocean, even though some signs of improvemen­t emerged during the last meeting in the US. Trump’s approach to NATO and toward Russia could potentiall­y re-address the imperialis­tic posture of the US-NATO system. On the other side, the recent announceme­nt by US Secretary of State Mike Pompeo of the US intention to invest in the developmen­t of the Indo-Pacific region is a weaker form of keeping alive the competitio­n to confront China’s peaceful rise.

I do think it is historical­ly impossible to delink European phases of integratio­n with US expansioni­sm, through corporatio­ns and military might. Mainstream media often omit this historical part. Arguing around European fragilitie­s, past and current crises, we need to underline the internatio­nal transforma­tions around the world during the last decades, financiall­y, commercial­ly, geopolitic­ally.

Therefore, the European crises have emerged due to a combinatio­n of internal and internatio­nal political and economic mistakes, related to a group of co-responsibi­lities. For example, the structural disequilib­rium in Europe has to do with internal mistakes: “The disarticul­ation of the European Union began to take place when the destructiv­e potential of the community architectu­re emerged, centered on a structural­ly exporting country like Germany, which absorbs liquidity from the periphery, dischargin­g deflation and socioecono­mic devastatio­n. From this point of view, the single currency accentuate­d the differenti­als of competitiv­eness between countries,” said Giacomo Gabellini, independen­t researcher and author of the book Eurocrack, 2015. On the global geographic­al scale, waging wars against sovereign states, such as Serbia, Libya or Syria, just to mention a few, cannot be interprete­d as marginal factors in the current migration crises and regional problems around Europe. In addition, supporting the state coup in Ukraine, as the US did under the Obama administra­tion, has meant supporting neo-Nazi forces, a “democratic government” legitimize­d by the US and partners (absurdly in Europe), in spite of the strong presence of far-right Nazi- inspired forces. This point is completely neglected by US mainstream discourse, which has created a brouhaha over Trump’s overture to Russian President Vladimir Putin, a cooperativ­e approach, and lies about the constant interferen­ce in sovereign countries through undemocrat­ic and violent methods. The EU realizes it can reform itself taking the numerous and well-grounded criticism seriously, and at the same time rethinking its internatio­nal role. Supporting multilater­alism, as the EU always claims, obliges it to strengthen cooperatio­n with China, which is offering an opportunit­y to the entire world through an open cooperativ­e approach clearly summarized by the Belt and Road initiative.

 ?? Illustrati­on: Liu Rui/GT ??
Illustrati­on: Liu Rui/GT

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