| Brian Holmes via nettime-l on Thu, 22 Jan 2026 16:53:00 +0100 (CET) |
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| <nettime> Farewell to World Order |
Something extremely scary just happened in a tiny Swiss village. The liberal world order forged in the wake of World War II was abandoned by its chief architect, the United States. Amidst the wreckage, citizens of the wealthy European countries and other "middle powers" - such as Brazil, India and Canada - can at least look forward to valiant attempts at forging a new China-centric multilateralism, while suffering the militarization of their own societies. No such luck back in the former liberal heartland, where our nascent civil war seems fated to get much worse, without anyone even knowing what "better" would look like. World order is difficult to perceive for ordinary people - and even for some remarkably crude national leaders. It sounds like a hollow abstraction, a piece of flimsy academic gauze over the hard truth of a real world "that is governed by strength, that is governed by force, that is governed by power" (dixit Stephen Miller). Yet the meaning of world order is crystal clear for the governing elites at Davos - or some of them anyway. Mark Carney, former UK central banker and current PM of Canada, nailed it in a single phrase: "public goods, open sea lanes, a stable financial system, collective security and support for frameworks for resolving disputes." The US in its prime, conceiving itself as first among equals, provided these benefits in the form of peer-reviewed public science, a two-ocean navy, rule-governed asset markets, nuclear dissuasion and multilateral institutions such as the United Nations. These five aspects of world order intertwined to form the basis of prosperity for the global middle classes - and the basis of grotesque opulence for the global oligarchs. But that naked opulence, so conspicuously on display in Davos, has undone the eighty year-old foundation of relative peace and unprecedented prosperity. Because of a discrepant balance in the trade of manufactured goods, Trump believes that the rest of the world is "ripping us off." Quite a claim for a country that accounts for less than 5% of the global population but 15% of global GDP, and whose currency is used to denominate two thirds of emerging market debt, two thirds of global foreign exchange reserves and two thirds of global securities issuance (ballpark numbers provided by Adam Tooze). The manufacturing deficit that Trump decries is certainly real: since the 1970s, US corporate capital has hollowed out the country by shipping most of its low-end manufacturing overseas. But the books actually balance when you count the export of sophisticated producer equipment, networked tech and financial services, plus massive foreign direct investment and the sale of the famously stable greenback, in the form of low-yield Treasury bonds. On the basis of this full accounting, America is clearly raking it in - which might explain why its average per-capita income is so much higher than that of any other large country. Why then does Trump and half the American political class so ardently believe that the rest of the world is "ripping us off"? The answer is that you pay for what you get - in some cases, many times over. American citizens paid very heavily for the country's globe-spanning military, both in taxes and in blood. And when the soldiers came home physically and psychologically damaged from the endless wars, they found a homegrown economic order that really did rip them off, not only by destroying stable manufacturing employment but also by denying them affordable medical care, jacking up their rents, repossessing their cars and homes after every financial crisis, and subjecting them to the cultural violence of so-called "entertainment," increasingly coupled with invasive networked consumer surveillance. Resentment grew at the spectacle of opulence presented by the elites and the professional classes of the financialized cities, and at the increasingly onerous bureaucratic regulation of industrial activity, carried out in order to maintain the liberal facades of equality, racial justice and "sustainability" in theory only. If the US center-left had produced a champion of the social underdog - Bernie Sanders rather than the iniquitous Hillary Clinton - then maybe world history would have taken a different turn. Instead we got the insurgency of a populist extreme right, piloted by a boorish and aggressive pussy-grabbing real estate mogul turned reality TV tycoon, who cravenly serves his own class while mouthing various kinds of nationalist rhetoric (religious, capitalist, militarist). Immigrants let across the border under no legal framework whatsoever in order to feed the casualized labor machine have now become the scapegoats for all this resentment, deftly deflected from its real targets. Returning soldiers, ex-cops fired by their departments for brutality, and marginalized homeboys enraged by racist rhetoric now form the modern-day equivalents of Hitler's brown shirts, terrorizing the populations of progressive cities whose inhabitants, to their credit, are bravely learning how to fight back, with empathy, intelligence and considerable fear about the next turn of the repressive screw. It is very weird to see this outburst of presidentially driven sadism unfolding on formerly peaceful streets, while the giant corporations who took such undue advantage of the US-led world order now organize themselves in the deperate attempt to engineer one last global economic boom. This attempt rests on two pillars: first, the fossil-fuel sector that powers American excess, and second, the tech titans who want to steal our jobs and rot our brains with the accelerated rollout of electricity-hungry AI. "Drill baby drill" is an attempt to retain the energetic wellspring of America's former industrial and military might, without any concern for its planet-wrecking ecological consequences; while AI, or artificial idiocy, is conceived through the twisted lens of a "struggle for dominance" with China. As I recall, just a year or two ago people who could have known better began drooling with delight at their oh-so-clever prompts, and at the pathetic responses offered by their new narcissistic mirrors. Just like those who built the cryptoverse - now the favored terrain of billionaires looking to definitively abandon any ties to national populations - these starry-eyed vanguards of AI were the useful fools of evil bastards who want to wipe our minds with predatory tech, while destroying our green earth with coal, oil and methane. Who knows where this all goes next? Since annual war games consistently show the US military ignominiously losing a military conflict in the Taiwan Strait, one can hope that all this political turmoil does not end in another world war. Maybe the Chinese receive some extra comfort from the fact that the high-end vacuum toilets of the glorious new American aircraft carrier, the Gerald R. Ford, are repeatedly plugged, without any perspective of a definitive fix, by the abundant shit of thousands of sailors currently parked off the coast of Venezuela. Or maybe even the Chinese - like the Latin Americans and the US left - are out-and-out terrified at what the end of the old, rotten, self-serving US-led world order may bring. I don't know. I don't know anything anymore. All I can do is serve my community, and resist. solidarity, Brian -- # distributed via <nettime>: no commercial use without permission # <nettime> is a moderated mailing list for net criticism, # collaborative text filtering and cultural politics of the nets # more info: https://www.nettime.org # contact: nettime-l-owner@lists.nettime.org