© REUTERS, Hiroko Masuike/The New York Time
Some economic commentators were proved right when they said: "The world will not be able to survive this crisis." Although the Mortgage Crisis that began in 2008 led to the bankruptcy of financial institutions such as Lehman Brothers and Sachs, the debt swamp deepened.
Oil and construction prices, which were deliberately inflated 7-8 times in the early 2000s, put the world economy in such a state that neither the drop of oil prices to below zero nor the Fed's reduction of interest rates to zero and any maneuvering in monetary policy can ever help to improve the situation.
From the early 1970s to the late 1980s, the "money movement on paper", i.e. the "distortion", toppled the USSR; at about the same time, capitalism, which diverted money from production systems to the stock market, securities, and bank interest rates and intensified it in the early 2000s, is now striking itself with its own "distortion".
Donald Trump bears the brunt of its result because he is one of the strongest practical representatives of capitalism's bankrupt concepts such as "banking, stock market, debt, inflated oil and construction".
As the Azerbaijani proverb says, "Whatever you pour into your pilaff, it will come out in your spoon." It was inevitable that the economic crisis, which could not be overcome, would eventually turn into a political crisis.
Look at the irony of fate that while dictators are expected to seize the coronavirus and tighten their regimes, we have heard calls from the President of the United States for the harshest measures against peaceful protesters. However, it is expected that the Congress and the Senate will pass a law on the dictators' initiatives to tighten their regimes, for which materials were collected day and night.
Now POTUS speaks of putting the army on the peaceful protesters. It is as if a civil war, which has occupied the country for 100 years and had black and white fought, will take place this time between Trump and society. And after a long time, the country is rocked by a black citizen’s being strangled brutally by the state police, and Donald Trump, the political representative of the stock market, gambling, and construction mafia, is giving his best opportunity to the dictators.
The Trump administration, which has turned the dollar into "inaccessible Indian fabric" by bringing American companies abroad into the country, has spoken of "making the country stronger". But everything turned upside down at once.
This is the crisis of politics, which is the superstructure of that system after the deep economic crisis of capitalism.
Look at the symbolism of the case, the modern US state, founded after 100 years of struggle between whites and blacks, has once again rolled into one of the deepest crises in its history, with a white police officer strangling a black citizen to death.
The fact that the crisis did not take place under former President Obama, but under his successor Trump, opens the door to a new era in the world. The dynamics of thought in the new era, when science, intellect, and production will come to the fore, will be the intelligentsia: scientists, writers, artists.
The female singer, who had those arrested during the protests released on bail, is also one of the symbols of the new era.
Protests in the United States demonstrate the need for a new era in the world, to be a period of the radical intelligentsia as well as radical opposition.
One of the best examples of this in history is the Nobel Prize-winning author William Faulker.
After 14-year-old black youth Emmett Till, who came to Mississippi where the writer never left, was murdered by two white men because of the color of his skin on August 28, Faulkner made the following statement to United Prezz Agency by protesting radically from Italy: «Perhaps, the purpose of this sorry and tragic error committed in my native Mississippi by two white adults on an afflicted Negro child is to prove us whether or not we deserve to survive. Because if we in America have reached that point in our desperate culture when we must murder children, no matter for what reason or what color, we dont deserve to survive, and probably wont.»
When near the end of his life President Kennedy invited William Faulkner to the White House, the author declined the invitation, saying: “It's more than 160 miles from here; I shouldn't go for lunch.” Of course, a country with such a writer is doomed to be guided by democratic rules.
Today, the moral source of kneeling the American police in memory of black Floyd is the very message by Faulkner made in Rome on September 18, 1955.
What is an Azerbaijani writer doing? He gives out houses to “non-opposition” writers and poets, and even suggests to name the sanatorium after someone.
The difference between the country founded by William Faulkner and the country founded by those who came face to face with 1937 year is so simple.
Again the Earth is knocking on the door of the intelligentsia ...
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