FX & Imperialism
What affects the exchange rate of a country’s currency? The answer depends on where that country stands in the world economy. Not simply because an exchange rate is the value of one currency versus another, so that you must weigh …
imperialism
Index of Power Update, 2018-19: China #2
his is an update of the statistics for my Index of Power, using data for 2018-19 and discussing what a country’s ranking reflects. The major change is that China’s rank has shifted up and it has now taken the UK’s …
Capital and Power in the 21st Century (Extract)
The world economy is currently in a phase of secular stagnation with persistently low growth rates of the real gross domestic product.1 The litanies of boundless economic growth that the representatives of capital and the imperialist states repeatedly prayed to …
What is to be Done?
What is to be Done? Plenary speech at the 14th annual conference of the world Association for political economy, winnipeg, 19th July 2019 Alan Freeman The conference title is ‘Class, State and Nation’. My title is ‘What is to be …
Gilets Jaunes im globalen Kontext
Dies ist ein erster Versuch, die Bewegung der gilets jaunes zu verstehen und sie auf den Kontext übergreifender Zusammenhänge zu beziehen. Wir müssten nun, unseren sozialrevolutionären Grundsätzen und Methoden folgend, an den Äußerungen aus dieser Bewegung anknüpfen um von hier …
“US Can No Longer Create a Stable Hegemonic Presence for Profits” – In Conversation with Michael Hardt1
In recent weeks, the tensions between the United States and Iran have threatened the West Asia with a new war. The representations and coverage of “the evidence” about the threat of the Islamic Republic of Iran have reminded many American …
Say NO to Nestle, No to Monocrops & No to Corporate Coffee
Last month Nestle, the second biggest food and beverage company in the world, announced plans to build a $154 million dollar coffee processing plant in Mexico. Despite earning $7.3 billion in profits last year, they are requesting that the Mexican …
>>Die Surplusbevölkerung vegetiert heute auf dem schmalen Grat zwischen Überleben und Liquidierung.<<
Interview mit Achim Szepanski im Autonomie-Magazin. Von: Raoul Hamlet/ Vidar Lindström. Achim, du hast allein 2018 drei Bücher herausgebracht. Die Ökonomie-Einführung „Kapital und Macht im 21. Jahrhundert“, ein Buch mit drei Essays über „Imperialismus, Staatsfaschisierung und die Kriegsmaschinen des Kapitals“ …
Finance, Imperialism and Profits
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 …
Trapped at a Party Where No One Likes You
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 …
Imperialism or (and) Capitalist Expansionism
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 …
The Political Centrality of the Migrant
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 …