Beware of Greeks Bearing Gifts
Erich Fromm, writing in The Art of Loving, says that: Some make a virtue out of giving in the sense of a sacrifice. They feel that just because it is painful to give, one ‘should’ give; the virtue of giving to them lies in the very act of acceptance of the sacrifice. For them, the norm that it is better to give than to receive means that it is better to suffer deprivation than to experience joy.
I am quoting Fromm because it appears as though the seven members of the G-8 (not including Russia who wasn’t invited), have agreed to cancel the debt of the 18 poorest African nations, a real sacrifice considering the selfish, carnivorous nature of those involved with the canceling of the debts – you get the impression they are really suffering in agreeing to do so.
But, wait…maybe there is more going on here than meets the eye. The citizens of Ilium, of course, welcomed the horse the ‘strong greaved Acheans’ had left them, and pushed it into city center, behind the protective wall that had theretofore held the marauding Greeks (sea peoples, or pirates, actually) at bay. Once the horse entered their city, it was all over; the Greeks snuck out, threw open the gates to their waiting co-conspirators, and sacked Ilium, carrying off its treasure to spread around the entire Mediterranean basin. Never mind what the Greeks did to the Trojan women – you wouldn’t want to know.
Now, several millennia later, another bunch of Greeks (pirates) appear to be offering yet another Trojan horse to the hapless souls trapped in deepest, darkest Africa. This time it is a horse of debt relief that appears as the gift, but perhaps this time a gift the Africans should first look in the mouth. This particular gift apparently comes with fairly long teeth. Teeth intended to sink deep into the African flesh, and rend it asunder.
George Monbiot, writing for The Guardian, says of this horse’s teeth that: Who, apart from the leading writers of the Daily Telegraph, could deny that debt relief is a good thing? Never mind that much of this debt - money lent by the World Bank and IMF to corrupt dictators - should never have been pursued in the first place. Never mind that, in terms of looted resources, stolen labour and now the damage caused by climate change, the rich owe the poor far more than the poor owe the rich. Some of the poorest countries have been paying more for debt than for health or education. Whatever the origins of the problem, that is obscene… You are waiting for me to say but, and I will not disappoint you. The but comes in paragraph 2 of the finance ministers' statement. To qualify for debt relief, developing countries must "tackle corruption, boost private-sector development" and eliminate "impediments to private investment, both domestic and foreign". Monbiot says of all of this that it is little better than "extortion."
Ah ha! Now you know why they say to beware of Greeks bearing gifts. This is no gift, it’s a battering ram to get inside and corrupt even further, albeit through ‘civilized’ methodologies, these poorer nations’ skin, and to infect their economies with the same sort of cupidity that is currently ruining America. Whether power corrupts or the corrupted are attracted to power, it is wealth, or the availability of same, that corrupts absolutely. Witness any modern capitalist democracy, and particularly that currently masquerading as such on the North American continent – it has been corrupted beyond all hope of redemption. Our people have become corrupted, our Congress and Administration have become corrupted, our institutions have become corrupted, our crony-corporate economic system has become corrupted, even our military and our Supreme Court have become corrupted. Like Sodom, it is impossible to find more than one (and even that is in question) good human being. And now the G-8-1 are finagling to corrupt these debtor nations as well – not all institutional imports stand to benefit the host nation as expected. Open the doors to capitalistic exploitation and you may gain riches, but you will surely lose your souls.
Sanjay Suri, of the Inter Press Service News Agency (IPS), explains the tricks this gift horse has to offer thusly: Unanimity emerged only over debt cancellation for what are known as Heavily Indebted Poor Countries (HIPC). But the small print here too indicates that this was not unanimity on unconditional support…The HIPC countries have been told that any additional donor contributions will rest on "performance-based allocation systems", and that such action will ensure that "assistance is based on country performance."…The World Bank has been made the monitor for these countries' moves towards "good governance, accountability and transparency." These declared aims are inevitably open to endless interpretation…The 100 percent debt cancellation further holds only for HIPCs "that are on track with their programmes of repayment obligations and adjusting their gross assistance flows by the amount forgiven." That is, the debt will be "forgiven" only to countries that can show they were in the process of repaying…While the debt cancellation will no doubt provide immediate relief, there is enough in the stated package to raise some questions what these countries may have to do next.
So, okay, Africa, get ready to sell your soul to the devil, throw open the gates to the Trojan horse, and pray to the gods that greed and hubris do not replace your indigenous cultures entirely. There is no such thing as a virgin capitalist Nation, open to uninhibited investments. Sooner or later, they all fall prey to the corporate juggernaut, and gain the freedom to purchase whatever they’d like from the Wal-Marts looming just over the horizon, like some great Komodo predator.






































