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Showing posts with the label "global capitalism"
Radcliffe  [who drew the borders of what would be India and Pakistan] was remarkable for his lack of knowledge about the region’s history or present, not to mention lack of personal stake in its future. But as an arbiter of international boundaries, he was hardly an anomaly. As a rule to which there are few exceptions, our current borders are the result of imperial horse-trading, wars of expansion and conquest, and ragged lines cutting clumsily through ethnic areas, as statesmen have deftly minced up the globe seeking to settle scores and extract maximum gain. Whether carved up willy-nilly by colonialist patricians trying to cram notions into nation-states, or the outcome of aggressive land-grabbing, our current system of borders is neither rational nor historical. In a time of mass migration and displacement—with growing diasporas and asylum-seekers finding safety in caravans on their journey to the US-Mexico border, with refugees braving and often drowning the waters of the Mediterr
"The key to understanding contemporary authoritarianism in Morocco lies thus not only in the monarchy as a core institution, in its religious authority or its neopatrimonial power and its clientilistic networks, but also in the class projects of urban renewal, slum upgrading, poverty alleviation, gentrification, structural adjustment, market liberalization, foreign capital investment, and the creation of a good business climate. Instead of focusing on how much power the monarchy possesses, the book tries to capture how methods and techniques of government and rule have changed within the context of our contemporary global situation. The creation of a "good business climate" became key for the ways in which authoritarianism transformed and the ways in which the interests of ruling domestic elites and global economic elites increasingly intertwined. The central arguments of this book contradict this popular mythification of the Moroccan exception. I argue that the ref
The local and the globa l Göran Therborn employs a very interesting approach. I recommend the following articles: - Class in the 21st Century (2012) - New Masses (2014) - Age of Progress? (2016) - Dynamics of Inequality (2017) Note: you may not find free access to all of the articles unless you have a subscription.

Exploitation - North and South

"Today the concentration and centralization of capital is manifested in the growth of international monopoly capital. Capital is more and more mobile (along with technology), as the giant firms become increasingly globalized and financialized. Nevertheless, nation-state divisions remain intact with governments promoting the interests of “their” corporations over those of other countries, along with restrictions on the mobility of labor.  The result is a system of unequal exchange, in which the difference in the wages between labor forces in different nations is greater than the difference between their productivities. This creates a system of “imperial rents” accruing to the global corporations in the center—referred to less directly in mainstream economic circles as the “global labor arbitrage.” (An analogous process affects natural resources, drawn from the global South.) All of this points to the superexploitation of labor in the periphery, which receives in wages less than th
"In East-Central Europe, and especially in the Czech Republic and Slovakia, an anti-immigrant left has formed that is conscious and proud of how it departs from received images (allegedly received from the West) of the left as the defender of marginalized peoples and cultures. In attacking the “multiculturalism” that liberal elites have championed, this anti-multicultural left positions itself as the defender of the hard-working nation against dangerous outsiders, both rich and poor. [T]he anti-multicultural left accepts, once again, the terms set by that liberalism which it sees as its chief competitor. The central principle of liberalism is the principle of separation—the insistence on looking only at one sphere of social reality at a time, and on looking at entities within these spheres as separate entities pursuing separate interests. The anti-multicultural left likewise takes each aspect of the system separately, rejecting out of hand internationalist talk of interconnecti
“This is the supposed ‘natural condition’ of mankind, in which everyone is at war with everyone else, much as Thomas Hobbes described in his ‘Leviathan’, during the middle of the seventeenth century. But the state of nature is not in fact a ‘natural’ condition; it is a historical conjuncture”  Notes on Syria and the Coming Global Thanatocracy
"High inequality could threaten global capitalism," says an international criminal institution that played a significant role, at least in the last forty years, in creating that inequality and plunder. An interview with Michael Roberts World's witnessing a new Gilded Age My advice: the representatives of the capitalist system should do something about the new Robber Barons to save their criminal system so that criminal action go on as usual, but more legal and more accepted by the general public.
"Under Xi, it seems that the majority of the party elite will continue with an economic model that is dominated by state corporations directed at all levels by the Communist cadres. That is because even the elite realise that if the capitalist road is adopted and the law of value becomes dominant, it will expose the Chinese people to chronic economic instability (booms and slumps), insecurity of employment and income and greater inequalities. On the other hand, Xi and the party elite are united in opposing socialist democracy as any Marxist would understand it.  They wish to preserve their autocratic rule and the privileges that flow from it.  The people have yet to play a role.  They have fought local battles over the environment, their villages and their jobs and wages.  But they have not fought for more democracy or economic power." Xi's taking full control of China's future and an article by the author of The Party: The Secret World of the Chinese Commun