RAMIN MAZAHERI—Increasing the concentration of power and money in the Western-led 1% is also the explanation for the US-Saudi petrodollar deal: what did the 1% care if consumer prices rose due to higher oil costs when the resulting hyper-financialisation created fabulous wealth for them?
When the dot-com bubble exploded a phony War on Islam was devised to redirect attention, and to solidly anchor the Pentagon’s collusion with the Western 1%, and to further concentrate the political and market power of the Western-led neo-aristocratic class.

