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Showing posts with the label "national bourgeoisie"
"Neoliberal globalisation signifies, above all, a new stage in the globalisation of the capital labour-relation. It pitches the workers of the dominant nations and the workers of the global South together, in competition with each other and yet bound together in mutual interdependence, connected by globalised production processes, exploited with different intensities by the same capitalists. But this qualitative, new stage in the evolution of the capital/labour relation possesses a very specific quality: the imperialist division of the world was inherited by capitalism; it is now inherent. In other words, the globalisation of the capital/labour relation, in the context of and on the foundation of a pre-existing division of the world into oppressed and oppressor nations, entails the internalisation of this division. Neoliberal globalisation is, therefore, the unfolding of the imperialist form of the capital relation. As a result, this latest stage of capitalist development
"The national economy, once protected, is literally controlled today. Loans and donations fund the budget. Fishing for capital, either the heads of state themselves or their governmental delegates pay a visit to the capital cities of their former metropoles each quarter. The former colonial power makes countless demands and secures concessions and guarantees, as it takes less and less care to mask its hold on national power. The people miserably stagnates in unbearable destitution and slowly becomes increasingly aware of its leaders’ heinous treason." — Frantz Fanon, The Wretched of the Earth . How much has changed since Fanon wrote those words in 1963?