Context on Iran

For some context on Iran, the US (with Britain on behalf of what would later become part of British Petroleum) violently overthrew and imprisoned a democratically elected PM in Iran in 1953, reverting the country to a brutal anti-communist monarchy.

The reason for the coup was because BP was unfairly extracting Iranian oil, leaving the Prime Minister no choice but to nationalize (☭) their oil. That would be too economically liberating and socialist, so Britain and the US had to intervene.

Supporters of the monarchy staging a CIA-backed coup in Iran, 1953

The brutal rule of the Shah eventually led to The Iranian Revolution where leftists and right-wing Islamic nationalists worked to overthrow the Shah. As we know, the Islamic nationalists took power.

Now, under crippling US sanctions, Iran is going to be part of a major trade route in China’s Belt & Road initiative.

Tehran, the capital of Iran as a major hub in China’s Belt and Road Initiative.

Iran has also applied to join BRICS, a trade alliance specifically for developing countries. It started with Brazil, Russia, India, China, and South Africa as a response to the 2008 financial crisis. These countries want to have their economies be less reliant on the US economy. These moves are a threat to US economic hegemony.

Leaders from the BRICS trade alliance joining hands.

With all of the exaggerations and fake news swirling around the protests in Iran, our neoliberal media want us to hate the regime so much that we don’t care what neoliberal might take power after. That, or they want us to welcome indefinite instability, which would be a wrench in China’s plans to unify the developing world with mutually beneficial trade agreements. 

References:

Iranian Coup of 1953

Iranian Revolution

Iran as a part of the Belt and Road Initiative

Iran applies to join BRICS