Transcript
Richard Wolff (0:20)
Welcome, friends, to another edition of Economic Update, a weekly program devoted to the economic dimensions of our lives and, and those of our children. I'm your host, Richard Wolff. I want to remind you that Charlie Fabian is available for your comments and suggestions. I want to thank you for sending so many of them in. They're very useful to us, so please continue to do so. Charlie.info438mail.com is his address and likewise a reminder that the book Understanding Capitalism is a kind of companion volume to what we do on this program. And if you're interested in that way in getting deeper into it, that would be useful for you to have to consult. We're having a special program today. My guest who is enough to make it special, Chris Hedges, someone who's been on this program many times before and, and whose work you all know. Anyway, he's going to be with us for the full half hour. I want to take advantage of all that he knows over a lifetime of work, particularly about the Middle east and its relationships to all that is going on here in the United States. So please welcome with me Chris Hedges. Thank you, first of all, Chris, for being on the show.
Chris Hedges (1:51)
Thanks for having me, Rick.
Richard Wolff (1:52)
All right, let me give you the brief information bio. It doesn't do him justice, but we'll read it anyway. Chris is a Pulitzer Prize winning former foreign correspondent for the New York Times. He spent two decades covering conflicts in Latin America, Africa, the Balkans and the Middle east, where he spent seven years and served as the paper's Middle east bureau chief. He is the author of 16 books, including several New York Times bestsellers. His latest book is entitled A Genocide Reporting on Survival and Resistance in Occupied Palestine. He has taught at Columbia University, New York University, Princeton University and the University of Toronto. He has also taught for over a decade in the college degree program offered by Rutgers University in the New Jersey prison system. You can find much of his work at chrishedges Substack. So let me begin, Chris, by just opening it up. Tell us how you react, first of all, to the decision of Israel to preemptively bomb Iran in the background of everything that has happened there and all that you have studied and written about the Middle east in your years of work.
Chris Hedges (3:36)
Well, this has long been the goal of Bibi Netanyahu going all the way back to the second Bush administration. Israel has lobbied the United States to sign on to a war with Iran. Most of us who have covered I've worked in Iran, of course, and Israel. Most of us who have covered those countries believe that in the long term, Israel cannot sustain a conflict with Iran unless the United States intervenes. In the short term, of course, they have achieved quite a bit. They have apparently air dominance over Tehran. That strike, the initial strike, was apparently a surprise to the Iranians and they took hits. I mean, it's very hard to tell because once you're engaged in a conflict, both sides attempt to cover up what's happening. That's why reporters are being pushed out of Haifa where oil refineries have apparently been hit by Iranian missiles. So what is the goal? I think the goal, there are three goals that Israel has. First, they would like to degrade Iran's nuclear capabilities. It's not clear that they have achieved much in terms of that. In a Tanz, they may have been able to wipe out some of the buildings. But in Fardah, which is the main production point, that's deep, deep, deep underground. They would need 2000 pound bunker busters provided by the United States in order to really disrupt that facility. But that's number one. Number two, they would like regime change. I think it's a pipe dream or a fantasy, but that's why you have seen so many senior Iranian officials assassinated. And I think the third point is that they hope that this deflects from the final chapter of the genocide in Gaza with attention sort of being focused on the Iran, Israel conflict. They have a freer hand. I think they think in order to push the Palestinians out of Gaza, we don't know where they're going to go. Speculation is that they would be pushed, despite Egyptian objections, into the northern Sinai. In terms of the conflict itself, Iran is estimated. Iran's air force, we've always known, has been very weak. It did have, you know, Russian and Chinese supplied surface to air missiles. In terms of air defense, it does appear that in that initial strike on Friday, the Iranians suffered tremendous losses. Either that or their air defense system wasn't as good as we thought it was. They have about 2,000 missiles. They're firing usually in bursts of about 200. They can sustain that for a few days. Israel's Iron Dome, Israel's interceptions, or the missiles that will intercept the incoming missiles, they will deplete those stocks pretty quickly, which will allow Iran to increasingly inflict damage on Israel. But the question is, how many missiles do they have left? How effective were Iranian strikes against missile production, missile launch sites? We just don't know any of that. But in the long term, this is not good for Israel. Iran is a massive country. It's the size of Western Europe as the 17th largest country in the world that has a population of 90 million, that's 10 times the population of Israel. Israel is a very small country and very concentrated. You know, all of that said is, you know, we don't know where it's going. I think in the next few days we will continue to see these airstrikes by Israel. We will continue to see retaliatory strikes by Iran. If the United States is drawn into this conflict, which is what Israel is hoping for, then you're really going to ignite a terrible regional war. The Strait of Hormuz can be shut down, especially if Israel destroys Iran's production facilities, oil facilities. They have more incentive because they're not sending oil out to shut it down. That's a choke point where about 20, 21% of the world's oil supply passes through this very narrow, it's only about 30 kilometers wide. So yeah, there's this, this is, there are so many ways that this can go wrong. And I think I would finally add that this will be interpreted by Shiites throughout the region as a war against Shiism. Iraq is predominantly Shia. 2 million Shias live in Saudi Arabia and most of them in the oil rich region of Saudi Arabia. Huge Shiite populations in Turkey, Bahrain. So yeah, this is, it's a very, very dangerous moment. It's a, it's a very dangerous gamble on the part of Israel and there are lots of ways this could go really, really wrong. And oh, and we should also be clear that Iran has a close alliance with Russia and with China, you know, and at what point would Russia be drawn into the conflict? We can't preclude that.
