Washington still has no reason to suspect that poor people do not prefer to be poor. Modern supply-side economics is one of the legs of the New Washington Consensus, which is not designed, like the previous one, to improve economies …
,What’s Mine is Mine, What’s Yours is Tradable Many claim that the dollar’s hegemony has reached its ceiling, even though the U.S. currency continues to dominate global trade, finance and the reserve portfolios of central banks around the world. The …
The war between Russia and Ukraine has been raging for more than a year. The international left has been debating this war from the start without success in formulating any more or less coherent position on it. Moral condemnation of …
Smith charges Harvey and Brenner, among others, with underestimating that the „highly competitive low-cost producers“ (Brenner) was a result of the drive of firms in the imperialist economies to cut costs by replacing relatively expensive domestic labor with cheap labor …
The global proletariat, as we have already seen, has never been as large as it is today. And yet the share of wages in domestic income has declined in both the South and the North. According to the ILO, since …
One reason why transnational corporations increasingly prefer to externalize their business activities to independent firms is that this forces them into intense competition with each other, which is then an effective way to depress wages and intensify labor. Another incentive …
In the next chapter, Smith examines in more detail the globalization of production in terms of outsourcing by transnational corporations since the 1960s. It was not only the large distribution companies that resorted to textile production and other goods in …
Not unjustly, Michael Roberts in his blog has read John Smith’s book „Imperialism in the Twenty-First Century“ as a complement to Tony Norfield’s book „The City“ (we would add to John Milios et al. book „Rethinking Imperialism“). While Milios‘ and …
War for peace”, “the cause of the weak against the strong”, “crimes against humanity perpetrated in the heart of Europe… a battle for civilisation”, “a genocide in progress in Ukraine”… The first quote is from Droit du Peuple, a socialist …
First, according to Marx’s argument, isolated individual capitals within a social formation, are transformed through competition (and not through the political influence of the state exercised from outside, as, e.g. Hardt and Negri [2000: 304-5] mistakenly maintain), into elements of …
Nation, Imperialism, War. A critique of mainstream theories of imperialism
Let’s cut straight to the heart of the matter: following the large demonstrations against pension “reforms,” President Macron decided to “force his way” by bypassing parliament and imposing a sovereign decision to adopt a law raising the retirement age from …
Argumente für einen konstituierenden Frieden Raúl Sánchez Cedillo transversal texts, Februar 2023ISBN 978-3-903046-36-8397 Seiten, broschiert, € 20,00 Mit Vorworten von Pablo Iglesias Turrión und Katja Maurer, medico internationalAus dem Spanischen von Michael GriederHerausgegeben von Kelly MulvaneyLektor: Tobias Lambert Seit dem …