CH#14: Ukraine: Who profits from war?

0 Views· 06/30/23
Counter Hegemony
Counter Hegemony
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Over the past two years, the war in Ukraine has dominated mainstream media. What is rarely discussed, however, is the question of how the war has facilitated the expansion of U.S. and global capital. As long as the war in Ukraine drags on, big oil and gas companies and the US weapons industry will reap the profits.Ukrainian resources have been in the crosshairs of global capital for many years. Ukraine is one of the world's largest producers of barley, wheat and sunflower oil. There are extensive plans to privatize the country’s vast agricultural resources and hand them over to foreign multinationals.Capital around the globe is also positioning itself for the reconstruction of Ukraine once the war is over. Some estimates put the cost of rebuilding the country as high as $750 billion. This would make Ukraine the world’s largest construction site.

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