I was recently in a conversation with a self-described MagaCommunist who held the position that the primary contradiction in the USA was that the financial owning class owned all of the means of production and that the contradictions of settler colonialism were secondary and could only be resolved through a workers’ state.
I realized that I hold the position that settler colonialism is the primary contradiction in the USA, but I also found that I struggled to articulate it effectively. I’m looking for your own thoughts or writings that I can study to learn more on this topic.
Yes, Dollar hegemony makes it viable for the US to import a much larger quantity of commodities than would be otherwise possible. The loss of imports would not just affect consumer goods, but also intermediate goods. The loss of dollar hegemony will cause a temporary slowdown in many of the productive industries that America does have.