A Power That Can Destroy, but Can No Longer Impose Order
The U.S.–Iran War in the Context of Capital’s Historical Crisis
The war in the Middle East has neither ended nor remained confined to the front on which the United States and Israel imagined it would unfold when they launched their attacks on Iran. Iran is under severe economic siege and continuing military attack; its oil exports and access to foreign currency have been badly damaged, while the pressure of the economic crisis on society continues to intensify. At the same time, the confrontation in the Strait of Hormuz continues, the fighting between Israel and Hezbollah has not ended despite Israel’s advances, armed groups close to Iran remain active in Iraq, and the advance of the Houthis in Yemen has turned Bab al-Mandab and Saudi oil routes into a new front of the conflict.

