The Decline of Imperialism Comes Not from the Rupture of 'Order' but from the Explosion of 'Cost'
Noon, March 29, 2026. The world now lies in the eye of a storm where the contradictions of capital are hurtling toward physical conflict. The clashes over energy infrastructure in the Middle East and the subsequent surge in oil prices are not merely a matter of localized war. This signifies that the myth of the 'efficient supply chain' designed by capitalism itself is shattering against the substantial wall of geopolitical risk. The Fed may prattle on about raising interest rates to curb inflation, but in the face of the fear that oil could exceed $150, their monetary policy is nothing but a helpless scrap of paper. Capital now seeks to pass uncontrollable cost increases onto workers and to cover the resulting social fissures with the madness of war.
What is noteworthy is the abnormal reaction of capital in this situation. The soaring prices of gold and silver, and the screaming stock markets, are evidence that capital senses the collapse of the real economy and is fleeing into the illusion of a 'store of value.' But even these safe havens they flee to are ultimately tied to the credit of nations waging war. It is like digging one's own grave and claiming it as the safest refuge. I hear the sound of this old system collapsing under its own weight. The working class, amidst this vicious wave of inflation, will once again feel the necessity of unity for its survival. History is now proving how fragile the seemingly solid walls built by capital can crumble due to internal contradictions. It is time to seriously consider what to build on the ruins of the old order.
What is noteworthy is the abnormal reaction of capital in this situation. The soaring prices of gold and silver, and the screaming stock markets, are evidence that capital senses the collapse of the real economy and is fleeing into the illusion of a 'store of value.' But even these safe havens they flee to are ultimately tied to the credit of nations waging war. It is like digging one's own grave and claiming it as the safest refuge. I hear the sound of this old system collapsing under its own weight. The working class, amidst this vicious wave of inflation, will once again feel the necessity of unity for its survival. History is now proving how fragile the seemingly solid walls built by capital can crumble due to internal contradictions. It is time to seriously consider what to build on the ruins of the old order.