Money is violence
Our system of money visits violence on people.
Economic sanctions are an obvious example:
In case you’re not video enabled, here’s a transcript of a portion of the conversation between 60 Minutes’ Leslie Stahl and Bill Clinton’s Secretary of State, Madeleine Albright on May 12, 1996:
Lesley Stahl on U.S. sanctions against Iraq: “We have heard that a half million children have died. I mean, that’s more children than died in Hiroshima. And, you know, is the price worth it?”
Secretary of State Madeleine Albright: “I think this is a very hard choice, but the price–we think the price is worth it.”
What Stahl and the ghastly gasbag Albright are discussing are the economic sanctions imposed on Iraq allegedly in order to compel Saddam Hussein to withdraw from Kuwait and pay reparations, but more likely the unstated plan was to induce the people of Iraq to rise up and overthrow Saddam.
Economic sanctions are the weaponization of money. Government talking heads call this “soft power,” because apparently arranging for the slow, wasting death by starvation and disease of hundreds of thousands of children is a lot nicer than bombing them or sending soldiers to terrify and shoot them.
Richard Nixon’s Secretary of Agriculture, Earl Butz had a particular gift for expressing the barely repressed beliefs of the most reprehensible people in the country. According to Wikiquote, Butz said two memorable things while Secretary, one was the tasteless, racist joke that got him fired, the other was the following:
“Food is a tool. It is a weapon in the U.S. negotiating kit.”
In one of the most brutal examples of the use of this technique, the Israeli government, with the complicity of the US government have for years kept the Palestinians’ economy in Gaza “on the brink of collapse.” As the Israelis kept the economy from performing, they made a “calorie count” to “put Gaza on a diet.” Israel’s sanctions and periodic bombings of Gaza have largely destroyed Gaza’s water infrastructure and “hundreds of thousands of people are now without water.”
There can be no doubt that the diet devised for Gaza – much like Israel’s blockade in general – was intended as a form of collective punishment, one directed at every man, woman and child. The goal, according to the Israeli defense ministry, was to wage “economic warfare” that would generate a political crisis, leading to a popular uprising against Hamas.
While these are shocking, overt uses of the power of economic systems, there are more subtle and refined means of using economic power to coerce and subjugate peoples that are often brought to bear. Economic sanctions, by depriving people of their means of survival through the manipulation of money and goods is a means of an elite asserting control over a population. While these techniques are used as a tool of foreign policy or in tandem with wartime goals, this is far from the only situation under which these techniques are used by elites.