Sydney, 30 Dec (Xinhua) -- Jeffrey Sachs, a well-known American economist and director of the Center for Sustainable Development at Columbia University, recently wrote an article saying that the US foreign policy is controlled by huge amounts of capital, and it does not serve the interests of the American people, but is built on corruption, and its foreign wars have caused heavy losses to the American people.
Australian "Pearls & Thrills" ** Sachs article. The article says that the foreign policy of the United States seems completely irrational, and the United States is plunged into one disastrous war after another. Over the past 20 years, every major U.S. foreign policy objective has failed, including in Afghanistan, Iraq, Syria, Libya, and Ukraine.
The article argues that the reason for this result is that US foreign policy is not at all in the interests of the American people, but in the interests of Washington insiders who are fighting for campaign contributions and lucrative jobs for themselves, their subordinates and their families. In short, U.S. foreign policy is manipulated by huge amounts of capital.
The article points out that the American people have suffered heavy losses, and the lost war since 2000 has cost them about $5 trillion, equivalent to about $40,000 per household, and the cost continues to climb, and the United States will reach 1About $5 trillion, or about $1 per household$20,000.
The article says that hundreds of billions of dollars are wasted on useless wars, overseas military bases, and arms expansion that is completely unnecessary and leads the world to "World War III." 1$5 trillion in military spending is a constant stream of money for the military-industrial complex and Washington insiders while plunging the United States and the world into poverty and danger.
Sachs said that the fragmented, corrupt and deceptive foreign policy of the United States has not only left ** with high debts, but also pushed the world into a nuclear "decisive battle". The urgent task of the American people is to radically change this foreign policy, and peaceful mediation and diplomatic good offices are the path to American foreign policy in the public interest, not military spending. (ENDS).