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Thursday, April 07, 2005

I'm with Wolfowitz:

"Wolfowitz's appointment is a good thing for three reasons. It highlights the profoundly unfair and undemocratic nature of decision-making at the bank. His presidency will stand as a constant reminder that this institution, which calls on the nations it bullies to exercise "good governance and democratization" is run like a medieval monarchy.

It also demolishes the hopeless re formism of men such as Stiglitz and George Soros who, blithely ignoring the fact that the US can veto any attempt to challenge its veto, keep waving their wands in the expectation that a body designed to project US power can be magically transformed into a body that works for the poor. Had Stiglitz's attempt to tinker with the presidency succeeded, it would simply have lent credibility to an illegitimate institution, enhancing its powers. With Wolfowitz in charge, its credibility plummets.

Best of all is the chance that the neocons might just be stupid enough to use the new wolf to blow the bank down. Clare Short laments that "it's as though they are trying to wreck our international systems". What a tragedy that would be. I'd sob all the way to the party.

Martin Jacques argued convincingly on these pages last week that the US neocons are "reordering the world system to take account of their newly defined power and interests". Wolfowitz's appointment is, he suggested, one of the "means of breaking the old order".

But this surely illustrates the unacknowledged paradox in neocon thinking. They want to drag down the old, multilateral order and replace it with a new, US one. What they fail to understand is that the "multilateral" system is in fact a projection of US unilateralism, cleverly packaged to grant other nations just enough slack to prevent them from fighting it. Like their opponents, the neocons fail to understand how well Roosevelt and Truman stitched up the international order. They are seeking to replace a hegemonic system that is enduring and effective with one that is untested and (because other nations must fight it) unstable. Anyone who believes in global justice should wish them luck."

posted by Joe Licentia  # 5:45 PM
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