• Rosy skies are rare: Berlin Bulletin No. 235, July 13, 2025
    Rosy skies are rare: Berlin Bulletin No. 235, July 13, 2025

    Despite the hot sun, few Americans were wearing rose-colored glasses these days, but rather fear dark clouds ahead. Many feel worried, even despairing. But sometimes they could rejoice at bright spots.

    What is the Trump Doctrine? John Bellamy Foster on U.S. Foreign Policy & the “New MAGA Imperialism”
    What is the Trump Doctrine? John Bellamy Foster on U.S. Foreign Policy & the “New MAGA Imperialism”

    What is MAGA imperialism? Monthly Review editor John Bellamy Foster says that, despite its feints toward anti-imperialist isolationism, President Donald Trump’s foreign policy has coalesced into a “hyper-nationalist” form of populism that rejects the U.S.'s post-WWII adherence to liberal internationalism and promotes dominance over other countries via military power rather than through economic globalization.

    Legal & Political Foundations of Capitalism w/ Jamee K. Moudud
    Legal & Political Foundations of Capitalism w/ Jamee K. Moudud

    Heterodox economist Jamee K. Moudud returns to Money on the Left to discuss his new book, Legal and Political Foundations of Capitalism: The End of Laissez-Faire? (Routledge, 2025). The phrase “institutions matter” is a common refrain among economists, including many who have proposed progressive alternatives to free market fundamentalism. For Moudud, however, this proposition doesn’t go far enough, leaving a host of problematic assumptions unquestioned. To remedy this, Moudud draws on the Original Institutional Economics and American Legal Realist traditions to propose a robust theory of legal institutionalism or institutional political economy.

    The Trump Doctrine and the New M.A.G.A. Imperialism — John Bellamy Foster — ICSS 20250629
    The Trump Doctrine and the New M.A.G.A. Imperialism — John Bellamy Foster — ICSS 20250629

    The dramatic shift in the Trump led U.S. foreign policies, as seen recently in the bombing in Iran, has created enormous confusion and consternation within establishment centers of power.

    The Empire’s Strategic Failure: How the US-Israeli Assault on Iran Accelerated Imperial Decline
    The Empire’s Strategic Failure: How the US-Israeli Assault on Iran Accelerated Imperial Decline

    The June 2025 US-Israeli military assault on Iran—featuring Israel’s Operation Rising Lion and the US Operation Midnight Hammer confronted by Iran’s defensive Operation True Promise 3—despite achieving short-term tactical victories, represents a profound strategic failure that has accelerated the US-led imperial decline and strengthened global anti-imperialist forces. Rather than cementing Western hegemony, this illegal act […]

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