Gaddafi’s "gold goal"
Today a friend sent me a link to a Russian English-language television channel story which explores a very interesting “gold dinar international currency” interpretation of Western powers’ current military campaign in Libya (http://www.youtube.com/watch?v=O35_Ai6E
“Crikey!” I thought, “This ‘Gaddafi gold goal’ interpretation presents quite a compelling indictment of the US and other Western nations!” And actually, many of my Muslim friends and colleagues in the UK have been making this kind of case for the use of the gold dinar as a trading currency for some time.
I’m no expert on these matters, but having viewed the RT story, it seems to me that the main obstacle to what could be the key to a more just and equitable distribution of the world's resources is some Westerner's deep dread of losing their domination of world trade.
No doubt Bin Ladin's attack on the World Trade Centre was motivated by these kinds of concerns. I'll forever deplore his violent "methods", but given the reasoning expressed in this video, I can't help but think that at least some of his reasoning was not entirely without basis.
On the other hand, I think it would be simplistic to assume that all black or coloured people would share Gadaffi's fiscal vision.
I can't see Jamaica's Gordon “Butch” Stewart, owner of Sandals and Beaches Resorts, Air Jamaica and other international businesses (in the UK and US) supporting it, easily.
I can't see UK-based South Asian (Indian) Ratan Tata of Tata Steel and Tata Motors jumping on this band-wagon. I can’t see Sudanese billionaire Mo Ibrahim and his Saudi Arabian/Ethiopian counterpart Mohamed Al Amoudi having great enthusiasm for any trading currency policy that would undermine their UK, Swedish and other European interests.
Like white Westerners, these money men and others of colour who wield significant influence (like US President Barak Obama) would have concerns about disruption to their markets and economies – and rightly too, I think.
I can’t see any move that would result in the rapid, radical impoverishment or other undermining of key Western interests being supported by these international movers and shakers.
Not that long ago, former Barbados Prime Minister Owen Arthur – a man of significant Pan Africanist credentials – and other Caribbean leaders were calling for a gradual phasing out of preferential trading arrangements for Caribbean bananas to prevent their citizens undergoing undue, extreme hardship as a result of the ending of those trading preferences.
I think only the most spiteful, vengeful people of colour (why do Robert Mugabe and Minister Louis Farakhan come to mind here?) would think it fair that Western whites be visited with the same kind of economic and wider societal disruption and hardship that Arthur and other Caribbean leaders have repeatedly sought to spare their citizens.
I think only breast-milk-deprived black and coloured megalomaniacs – persons obsessed with gaining the world domination that they now consider being enjoyed by white Western megalomaniacs (why do Donald Trump, Donald Rumsfeld and Dick Cheney come to mind here?) would think that they could be an introduction of the gold dinar as Africa and the Arab world’s main trading currency without the “buy in” of the West.
The challenge, as I see it, is to secure that “buy in”. The answer, as I see it, is not a simplistic Pan Africanist programme. What we need is a Pan Humanist rethink.
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