imc indymedia

Los Angeles Indymedia : Activist News

white themeblack themered themetheme help
About Us Contact Us Calendar Publish RSS
latest news
best of news




A-Infos Radio

Indymedia On Air

Dope-X-Resistance-LA List


IMC Network:

Original Cities africa: ambazonia canarias estrecho / madiaq kenya nigeria south africa canada: hamilton london, ontario maritimes montreal ontario ottawa quebec thunder bay vancouver victoria windsor winnipeg east asia: burma jakarta japan korea manila qc europe: abruzzo alacant andorra antwerpen armenia athens austria barcelona belarus belgium belgrade bristol brussels bulgaria calabria croatia cyprus emilia-romagna estrecho / madiaq euskal herria galiza germany grenoble hungary ireland istanbul italy la plana liege liguria lille linksunten lombardia london madrid malta marseille nantes napoli netherlands nice northern england norway oost-vlaanderen paris/Île-de-france patras piemonte poland portugal roma romania russia saint-petersburg scotland sverige switzerland thessaloniki torun toscana toulouse ukraine united kingdom valencia latin america: argentina bolivia chiapas chile chile sur cmi brasil colombia ecuador mexico peru puerto rico qollasuyu rosario santiago tijuana uruguay valparaiso venezuela venezuela oceania: adelaide aotearoa brisbane burma darwin jakarta manila melbourne perth qc sydney south asia: india mumbai united states: arizona arkansas asheville atlanta austin baltimore big muddy binghamton boston buffalo charlottesville chicago cleveland colorado columbus dc hawaii houston hudson mohawk kansas city la madison maine miami michigan milwaukee minneapolis/st. paul new hampshire new jersey new mexico new orleans north carolina north texas nyc oklahoma philadelphia pittsburgh portland richmond rochester rogue valley saint louis san diego san francisco san francisco bay area santa barbara santa cruz, ca sarasota seattle tampa bay tennessee urbana-champaign vermont western mass worcester west asia: armenia beirut israel palestine process: fbi/legal updates mailing lists process & imc docs tech volunteer projects: print radio satellite tv video regions: oceania united states topics: biotech

Surviving Cities africa: canada: quebec east asia: japan europe: athens barcelona belgium bristol brussels cyprus germany grenoble ireland istanbul lille linksunten nantes netherlands norway portugal united kingdom latin america: argentina cmi brasil rosario oceania: aotearoa united states: austin big muddy binghamton boston chicago columbus la michigan nyc portland rochester saint louis san diego san francisco bay area santa cruz, ca tennessee urbana-champaign worcester west asia: palestine process: fbi/legal updates process & imc docs projects: radio satellite tv
printable version - js reader version - view hidden posts - tags and related articles

Unprincipled capitalism shouldn't be for export

by DARAB GANJI Monday, Dec. 16, 2002 at 2:31 PM

The corporate scandals caused by a handful of U.S. companies have highlighted the importance of rigorously adhering to American principles and the rule of law.

The corporate scandals caused by a handful of U.S. companies have highlighted the importance of rigorously adhering to American principles and the rule of law. However, corporate responsibility does not stop at the American border. In light of the disastrous events of Sept. 11, 2001, the world must realize that Corporate America will fully stand behind the U.S. government in applying American principles consistently overseas.

If American principles are ignored and unprincipled capitalism -- pursuing business with anyone, any time, without giving priority to U.S. national security -- becomes a practice for even a handful of U.S. companies, rogue regimes, such as the ones currently ruling Iran and Iraq, could ultimately be provided with an increased revenue stream that allows them to escalate their support of terrorism and build more weapons of mass destruction while suppressing their own people. In the end, unprincipled capitalism will undermine the very system that is the foundation of Corporate America.

The Osama bin Ladens of this world and terrorist organizations such as al-Qaida and Hezballah are incapable of single-handedly delivering large-scale terrorist acts without high-level assistance which comes with open or disguised state support. Recent reports indicate that Iraq has been smuggling nerve gas to al-Qaida. Moreover, in December 2001, the U.S. Justice Department, in the first criminal indictment relating to the Sept. 11 terrorist acts, stated that "Osama bin Laden and al-Qaida also forged alliances with the National Islamic Front in the Sudan and with representatives of the government of Iran, and its associated terrorist group Hezballah, for the purpose of working together against their perceived common enemies in the West, particularly the United States."

The reference to Iran should not come as a surprise. Since its inception in 1979, the "Islamic" regime in Iran has been actively engaged in the pursuit of weapons of mass destruction, support for international terrorism and hostage taking, subversion of the Arab-Israeli peace process and the abuse of human rights. Furthermore, the mullah regime has consistently promoted the spread of radical-militant Islamic fundamentalism throughout the world. The State Department continuously refers to the Islamic Republic of Iran as the principal and most active state sponsor of terrorism.

In 1996, Petro-Hunt, in cooperation with the Institute for the Study of Earth and Man at Southern Methodist University, organized a conference in Dallas titled "Iran in Transition: An Economic, Political and Energy Conference." At the time, U.S. sanctions policy toward Iran was being formulated in Washington, D.C., and therefore was a prevalent and passionate topic of discussion. One of the most important points made at the conference, that showed foresight, was that the price for short-term economic gain from dealing with the mullah regime in Iran [would] mean longer-term human and economic disaster.

Despite the clerical regime's notorious 23-year track record, there are still three principal groups in the United States that consistently call for U.S. engagement with Iran. Although these groups have a convergence of interests, they have in essence three distinct objectives.

The first group includes those who genuinely believe that there is a strategic benefit to the United States through engagement with Iran. They argue that Iran could be of assistance in the war against the Taliban/al-Qaida, as well as in restoring stability to Afghanistan. They have been proven wrong on both fronts by recent events. Defense Secretary Donald Rumsfeld cut through the mullah regime's doublespeak: "Iran is clearly a country that is harboring al-Qaida. It says it isn't, but it is."

The second group advocating engagement with Iran are those who primarily have a commercial interest. They would like to see improved relations and a dropping of U.S. sanctions because they are currently missing out on business opportunities. They are wrong in the sense that one of the ultimate beneficiaries of a free and democratic Iran will be U.S. companies; in contrast, those who will lose the most will be the companies who have allowed themselves, and their brands, to be associated with the current unpopular regime.

The third group pushing engagement with the ruling mullahs are essentially the apologists and spin-meisters for the Iranian regime. For the past 23 years, they have claimed that moderates do exist within the current system, and that U.S. interests are best served by seeking out and engaging them for the mutual benefit of the American and the Iranian peoples. Their efforts have repeatedly misled various U.S. administrations on the true state of affairs within Iran. The result has been repeated policy failures amid the futile search for "moderates" within the mullah leadership. This group cynically tries to use the first two groups to further its own agenda. In his last State of the Union Address, President Bush rebuffed the apologists. He demonstrated a clear understanding of the true nature of the Iranian regime by branding the clerical rulers as part of the "axis of evil."

The Bush administration is absolutely right in supporting the Iranian people and not the mullah regime. In view of the escalating anti-regime demonstrations and pro-democracy movement throughout the country, the Iranian people will undoubtedly succeed and seize their freedom in the not too distant future.

The long-term interests of Corporate America will not be served by doing business with rogue states, just as the U.S. government cannot win the war on terrorism by engaging regimes that harbor and support terrorists.

American principles must not stop at our shores. America must proudly, forcefully and consistently promote its principles overseas and by so doing serve as a model to show the world that the true path to freedom and prosperity can be achieved through free market and principled capitalism.

Ganji is a political economist serving as vice-president and international director of Petro-Hunt, L.L.C., an independent energy firm with headquarters in Dallas.

Report this post as:

Listed below are the 10 latest comments of 8 posted about this article.
These comments are anonymously submitted by the website visitors.
Export the unprinicipled capitalists Baphomet Wednesday, Dec. 18, 2002 at 12:12 AM
bush admir...... x Wednesday, Dec. 18, 2002 at 3:06 AM
. lynx-11 Wednesday, Dec. 18, 2002 at 4:51 AM
................ ................ Wednesday, Dec. 18, 2002 at 10:26 AM
OneEyedMan KPC Wednesday, Dec. 18, 2002 at 6:08 PM

Local News

Marshall Tuck’s racist dog whistle O27 5:01AM

Marshall Tuck’s ethnocentrism contradicts Californian values O27 4:32AM

Contra Costa-Hawkins O25 3:48AM

Debunking Some Anti-Prop 10 Propaganda O12 6:56AM

Why Should California Choose De Leon Over Feinstein? O10 9:55PM

Change Links September 2018 posted S02 10:22PM

More Scandals Rock Southern California Nuke Plant San Onofre A30 11:09PM

Site Outage Friday A30 3:49PM

Change Links August 2018 A14 1:56AM

Setback for Developer of SC Farm Land A12 11:09PM

More problems at Shutdown San Onofre Nuke J29 10:40PM

Change Links 2018 July posted J09 8:27PM

More Pix: "Families Belong Together," Pasadena J02 7:16PM

"Families Belong Together" March, Pasadena J02 7:08PM

Short Report on the Families Belong Together Protest in Los Angeles J30 11:26PM

Summer 2018 National Immigrant Solidarity Network News Alert! J11 6:58AM

Watch the Debate: Excluded Candidates for Governor of California M31 5:20AM

Change Links June 2018 posted M28 7:41AM

The Montrose Peace Vigil at 12 Years M22 8:01PM

Unity Archive Project M21 9:42AM

Dianne Feinstein's Promotion of War, Secret Animal Abuse, Military Profiteering, Censorshi M17 10:22PM

CA Senate Bill 1303 would require an independent coroner rather than being part of police M10 9:08PM

Three years after OC snitch scandal, no charges filed against sheriffs deputies M10 8:57PM

More Local News...

Other/Breaking News

Paraphysique du scientisme N18 9:19AM

USDA Withholds Names Of Turkey Companies Spreading Salmonella N17 7:51PM

Hebron, Ben-Gurion, and UNESCO N17 6:00PM

What Can Destroy Enclosure? N17 1:47PM

Please Help Mississippians Vote For Mike Espy On Nov 27th N17 7:42AM

The Incredible & Brilliant Work of Dr TOMO SHIBATA N17 5:19AM

October 2018 Honduras Coup update N16 9:22PM

Profit de guerre, guerre de profit N16 11:58AM

“Animaniacs in Concert!” Starring Voice Legend Rob Paulsen Heads to Seattle N15 7:22PM

Paraphysique du prodrome oukase N15 12:39PM

President Trump: Hurricane Relief Should not Pay Puerto Rico Debt N14 8:54PM

94 Of Rick Scott's, Brian Kemp's, the Mississippi GOP's & Other Republican Campaign Crime N13 9:42PM

30 Of Brian Kemp's Felonious Racist Vote Suppression Crimes N13 8:42PM

Help translation of From Islam To Womanism book on IndieGoGo N13 12:04PM

COP 21, 25, 32, de l'écocide organisé N11 11:45PM

fbi & fmj are ' Lord of the Flies ' N11 8:26PM

Parangon d'une grande infestation N11 12:03AM

Video: Beautiful Country Burn Again, 39 min N10 10:19PM





Paraphysique de l'Etat d'urgence N08 4:24AM

Republican Vote Fraud Reached A New Level In Midterms N07 7:50PM

Lobotomisation populationnelle N07 7:28AM

Texas Finally Ousts Culberson! N07 4:43AM

Israel Quit UNESCO, Um-Shmum, Make Ben-Gurion Proud! N06 7:37PM

Mafia City Hack Mod Generator - Generate 15.000 Gold N06 2:04AM

More Breaking News...
© 2000-2018 Los Angeles Independent Media Center. Unless otherwise stated by the author, all content is free for non-commercial reuse, reprint, and rebroadcast, on the net and elsewhere. Opinions are those of the contributors and are not necessarily endorsed by the Los Angeles Independent Media Center. Running sf-active v0.9.4 Disclaimer | Privacy