EconoFiction

Finance, Imperialism and Profits

12 Nov , 2018  

Last Friday I took part in a panel to launch a new book, World in Crisis: A Global Analysis of Marx’s Law of Profitability, published by Haymarket Books, edited by Michael Roberts and Guglielmo Carchedi. The presentation was at this year’s Historical Materialism conference in London.

My presentation was ...

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EconoFiction

Trapped at a Party Where No One Likes You

17 Aug , 2018  

Introduction

The following article was written in the early months of 2015. It is the result of a series of discussions and readings by the Surplus Club in Frankfurt am Main in accordance with the topic of the 2007-08 crisis of capital accumulation and the proliferation of the global surplus ...

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EconoFiction

Imperialism or (and) Capitalist Expansionism

16 Aug , 2018  

Abstract

This paper critically reviews some fundamental theses of the theories of imperialism. It claims that a theory of imperialism, if based on Marx’s theory of capitalism, shall on the one hand reject the traditional monopoly-capitalism approach and on the other adopt a broader definition of imperialism, denoting the (economic, ...

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Necropolitics

The Political Centrality of the Migrant

15 Aug , 2018  

Political theory in the twenty-first century is at an interesting crossroads where migration has reached such a critical threshold that what seemed to be an exception has now become the rule. The question now is how to understand the rules of this game in a much more adequate way.

read ...

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EconoFiction

Volatile States

11 Aug , 2018  

Haiti is home to the slave rebellion that became arguably the great revolution of the modern world. For its trouble, totally not-racist liberal democratic nations punished it systematically until it was one of the poorest nations on the planet. Except the past tense is a lie; we keep fucking Haiti ...

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EconoFiction

GLOBAL IMPERIALISM AND THE GREAT CRISIS (pdf)

27 Jul , 2018  

The main thesis of this book is that contemporary globalization is bringing about a type of imperialism that differs fundamentally from those of the nineteenth and twentieth centuries.

The most significant difference is that the great capitalist firms, by becoming multinationals, have broken out of the confines within which they ...

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EconoFiction

Globales Festgelage des monetären Kapitals

31 Mai , 2018  

Der Labelbetreiber, Musiker und Theoretiker Achim Szepanski sieht in die Zukunft der Maschinisierung: Die planetarische Arbeiterklasse habe den Tisch gedeckt, der übermorgen von Robotern abgeräumt werde.

Interview Von
Peter Nowak

Angesichts der vielen Neuerscheinungen zum 200. Geburtstag könnte man sagen: Marx lebt. Ein gutes Zeichen für Menschen, die sich nicht ...

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EconoFiction

Zum Buch “Kapital und Macht im 21. Jahrhundert”

5 Mai , 2018  

Nach den umfangreichen Werken Kapitalisierung I und II und Non-Marxismus legt Achim Szepanski im Hamburger Laika Verlag nun sein bislang zugänglichstes Werk vor, Kapital und Macht im 21. Jahrhundert. Das als Einführung in die hier finanzielles Kapital genannte Thematik konzipierte Buch ist mit 335 Seiten dafür fast etwas lang ...

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Biopolitics, Necropolitics

KINOPOLITICS AND THE FIGURE OF THE MIGRANT

3 Mai , 2018  

… The nomad is the name of themigrant expelled from the territory, the barbarian is the name of the migrant expelled from political status or citizenship, the vagabond is the name of the migrant expelled from the juridical order, and the proletariat is the name of the migrant expelled from ...

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EconoFiction

Value of Labour-Power, Wages, Productivity and Imperialism

10 Apr , 2018  

These are notes from, and for, a series of discussions on imperialism organised by Redline. (See here for other details) As such, they are not a fully rounded analysis, just some guidance on points in these debates.

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A key point to note is that the discussion of these topics ...

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EconoFiction

Index of Power

30 Mrz , 2018  

The following chart gives a snapshot of the top 20 countries, ranked by their index of power in the world economy. Readers of this blog or my book, The City, will have seen this concept before,[1] but here the information is updated to 2016-17.

Index of Power, 2016-17

Notes: The ...

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EconoFiction

Imperialismus und Weltmarkt

28 Mrz , 2018  

Es gibt zwar wichtige Parallelen zwischen dem nationalen Markt und dem Weltmarkt, aber jener ist nicht einfach eine Subkategorie des letzteren. Eine genauere Analyse des Weltmarkts, der stets in Verbindung mit den nationalen Ökonomien zu sehen ist, macht evident, dass der Weltmarkt mehr ist als nur die Aggregation der Staaten ...

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EconoFiction

Trump’s Trade Wars Threaten US Foreign Investment

18 Mrz , 2018  

There is a lot of buzz about Trump’s recently launched trade wars, but much of this buzz misses the point. The key issue here is not foreign trade, but foreign investment.

Foreign trade contributes relatively little to US corporate profit. The disaggregate data here are patchy, but if we can ...

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Mashines, Necropolitics

Hyperwar (#2: Further Thoughts)

8 Mrz , 2018  

In response to the scenario outlined by General John Allen, in which the United State practices restraint by keeping (minimal) human decision-making in the OODA ‘loop’ and China does not, DMF asks an important question: “why wouldn’t China feel constrained”. Why indeed? One response would be that China, as a ...

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Mashines, Necropolitics

Hyperwar

7 Mrz , 2018  

In the March 2nd edition of the Wall Street Journal, Julian Barnes and Josh Chin announced the dawn of a new arms race breaking over the increasingly chaotic geopolitical arena: the competitive pursuit of artificial intelligence and related technologies. At the present moment, the United States leads the world

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EconoFiction, NonPolitics

The Hermit and the Empire: China after the Collapse of the Developmental Regime

18 Feb , 2018  

Reclusion

When the nomadic armies swept down from the north to conquer the splintering Western Jin dynasty, the upper classes fled across the Yellow River into the southern hinterland of their collapsing empire. In the South, they re-established the imperial court at Jiankang (within present-day Nanjing), decreeing the ascent of ...

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GenericScience

A History of the World in Seven Cheap Things (Introduction)

22 Okt , 2017  

 Raj Patel and Jason W. Moore, A History of the World in Seven Cheap Things: A Guide to Capitalism, Nature, and the Future of the Planet. Berkeley: University of California Press, 2017.
 … Settled agriculture, cities, nation-states, information technology, and every other facet of the modern world has unfolded
...

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Documentation

Historiography and Armed Struggle

19 Okt , 2017  

(Talk at the University of Amsterdam, June 2016)

In every epoch, the attempt must be made to deliver tradition anew from the conformism which is on the point of overwhelming it.

—Walter Benjamin

The RAF’s history spans a period of thirty years. There are countless possible ways of presenting the ...

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EconoFiction

Imperialism or (and) Capitalist Expansionism. Some Thoughts on Capitalist Power, the Nation-State and the Left

22 Sep , 2017  

Abstract

This paper critically reviews some fundamental theses of the theories of imperialism. It claims that a theory of imperialism, if based on Marx’s theory of capitalism, shall on the one hand reject the traditional monopoly-capitalism approach and on the other adopt a broader definition of imperialism, denoting the (economic, ...

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EconoFiction

Crisis and Sequels: capitalism and the new economic turmoil since 2007

13 Sep , 2017  

Like every crisis, 2008’s surprised. Some of us failed to see how turmoil originating in finance, and apparently in a limited area of finance to do with the US housing market, could have such great impact on factories and offices which were not booming, but still jogging along with tidy ...

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EconoFiction

Rethinking Imperialism

24 Aug , 2017  

Rethinking Imperialism A Study of Capitalist Rule
John Milios and Dimitris P. Sotiropoulos
For more than a century ‘imperialism’ has been a key concept in Left theory and politics, connoting both the aggressiveness and the overripe characteristics of modern capitalism, or at any rate of certain capitalist formations. Recent debates ...

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EconoFiction

Saudi Arabia and Imperialism

27 Jun , 2017  

Saudi Arabia has been a major player in Middle East politics. It backed the 2013 overthrow of the Moslem Brotherhood in Egypt, since the example of an elected government of a major country next door was not welcome to the Saudi family autocracy. It has suppressed Shia-based protests in Bahrain ...

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EconoFiction, Lexicon

Das globalisierte Wertgesetz / Zins, Geld und der Staat

9 Feb , 2017  

Als eine der notwendigen Konsequenzen aus dem Zusammenbruch des Finanzsystems von 2008 schlägt Samir Amin eine Annäherung an die Marxsche Analyse vor. Da Marx keine Erklärung für die beharrliche »Unterentwicklung« der Länder des »globalen Südens« zur Verfügung stellen konnte, entwickelt Samir Amin wichtige theoretische Vorstellungen, mit denen die Marxschen Analysen ...

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