Gangster Capitalism

The Donroe Doctrine of Regional Dominance, Obedience, and Theft

BILL ASTORE

JAN 04, 2026

There are at least 30 trillion reasons why the Trump administration is waging war against Venezuela. Recall that Venezuela has proven oil reserves of 300 billion barrels. If those barrels average $100 over the decades of their extraction, that’s $30 trillion, an immense sum representing about 80% of America’s colossal national debt. Of course, most of those trillions will go to multinationals and billionaires, not to the American people—and certainly not to the Venezuelan people. But who said life is fair?

The so-called Donroe Doctrine of hemispheric dominance represents the return of unapologetic gangster capitalism. The basic policy of the Trump administration recalls Michael Corleone, the mafia don in “The Godfather” saga. When his consigliere Tom Hagen (played by Robert Duvall) asks Michael (played by Al Pacino) whether he has to wipe everyone out, Michael coldly replies “Just my enemies.” Anyone who defies the Corleone Family must be eliminated.

Maduro defied the Trump “family” so he had to be taken out. Cuba and Iran may be the next “enemies” to be “wiped out.”

As Trump once said in an interview, the U.S has plenty of killers. This is what the exercise of naked power looks like. Power without morality. Power without principles other than profit and the further consolidation of power. 

U.S. democracy is a sham. We have shamocracy. Thugocracy. The strong do what they will; the weak suffer as they must. What matters is control, power, and profits.

Again, as Caitlin Johnstone noted, Trump has been transparent about his motives. Put bluntly, it’s the oil, stupid.

“We’re gonna take back the oil that frankly we should have taken back a long time ago,” Trump told the press following Maduro’s abduction, saying “We’re going to be taking out a tremendous amount of wealth out of the ground, and that wealth is going to the people of Venezuela, and people from outside of Venezuela that used to be in Venezuela, and it goes also to the United States of America in the form of reimbursement for the damages caused us by that country.”

“We’re going to have our very large United States oil companies, the biggest anywhere in the world, go in, spend billions of dollars, fix the badly broken infrastructure, the oil infrastructure, and start making money for the country, and we are ready to stage a second and much larger attack if we need to do so,” Trump said.

“We have tremendous energy in that country. It’s very important that we protect it. We need that for ourselves, we need that for the world,” the president added.

Trump is America’s most scrutable president. He doesn’t bother to hide his motives here. This is theft, impure and very simple. We have the power to take it and we will, full stop.

Something is rotten in the States of America.

War and Weapons Are Strictly Business

W.J. Astore

“Strictly Business”

In “The Godfather,” Michael Corleone, played brilliantly by Al Pacino, says that killing a rival mobster and crooked police captain who conspired to kill his father is nothing personal — it’s strictly business. Something similar can be said of America’s wars and weapons trade today. As retired General Smedley Butler said in the 1930s, U.S. military actions often take the form of gangster capitalism. Want to know what’s really going on? Follow the muscle and the money!

America has “invested” itself in the Russia-Ukraine war, and I use that word deliberately. U.S. weapons makers like Raytheon and Lockheed Martin are making a killing, literally and figuratively, on the ongoing war, whether by sending arms to Ukraine or in the major boost forthcoming to Pentagon spending supported by Democrats and Republicans in Congress. (Who said bipartisanship is dead?) For all the blue-and-yellow flags that America is flying in symbolic solidarity with Ukraine, the true colors of this war, as with most wars, is red for blood and green for money.

Economic sanctions against Russia, meanwhile, are meant to damage the financial wellbeing of that country, possibly leading to instability and even collapse. And who would profit from such a collapse? And who is profiting now from restricting fossil fuel exports from Russia? As war drags on in Ukraine, disaster piles on disaster, and capitalism has a way of profiting from war-driven disasters. Why do you think America’s disastrous Afghan War lasted for two decades?

Curiously, investment-speak in the U.S. military is quite common. Generals and admirals talk of “investing” in new nuclear missiles and immense ships. They further talk of “divesting” in certain weapons that have proven to be disasters in their own way, like the F-22 fighter. What’s with all this “investing” and “divesting” in the U.S. military? One thing is certain: Generals won’t have to change their language as they retire and move through the revolving door to join corporate boards at major weapons contractors.

Today’s generals and politicians never display the honesty of President Dwight Eisenhower, who explained nearly seventy years ago that weapons represent a theft from the people and their needs, not an “investment.” Those who say there’s no business like show business may be right, but Hollywood’s a piker compared to the Pentagon, where there’s truly no business like war business.