• Protesters march at the G20 Summit in London, 2009.

    Dilemmas of the radical left in a dying capitalist system

    In what I call the pan-European world (North America; western, northern, and southern Europe; and Australasia), the basic electoral choice for the last century or so has been between two centrist parties, center-right versus center-left. There have been other parties further left and further right but they were essentially marginal.

  • The Current Conjuncture: Short-run and Middle-run Projections

    1. Where We Are: a) The world has entered a depression, whose greatest impact is yet to come (in the next five years). b) The United States has entered a serious decline in geopolitical power, whose greatest impact is yet to come (in the next five years). c) The world environment is entering into serious […]

  • Crisis of the Capitalist System: Where Do We Go from Here?

    The Harold Wolpe Lecture, University of KwaZulu-Natal, 5 November 2009 In 1982, I published a book, jointly with Samir Amin, Giovanni Arrighi, and Andre Gunder Frank, entitled Dynamics of Global Crisis.  This was not its original title.  We had proposed the title, Crisis, What Crisis?  The U.S. publisher did not like that title, but we […]

  • The World Left and the Iranian Elections

    The recent elections in Iran, and the subsequent challenges to their legitimacy, have been a matter of enormous internal conflict in Iran, and of seemingly endless debate in the rest of the world — a debate that threatens to linger for some time yet.  One of its most fascinating consequences has been the deep divisions […]

  • The Depression: A Long-Term View

    The depression has started.  Journalists are still coyly enquiring of economists whether or not we may be entering a mere recession.  Don’t believe it for a minute.  We are already at the beginning of a full-blown worldwide depression with extensive unemployment almost everywhere.  It may take the form of a classic nominal deflation, with all […]

  • Bolivia: Defeat of the Right

    In the amazing series of elections in South America in the last five years, the most radical results were in Bolivia, with the election of Evo Morales as President.  It is not because Morales stood on the most radical platform.  It was rather that, in this country in which the majority of the population are […]

  • The New World Geopolitical Order: End of Act I

    It would be a mistake to underestimate the importance of the agreement on September 8 between Nicolas Sarkozy of France in his capacity as current president of the European Union (EU) and Dmitri Medvedev, President of Russia.  It marks the definitive end of Act I of the new world geopolitical order. What was decided?  The […]

  • Can NATO Survive Georgia?

    Amidst all the journalistic brouhaha about a new cold war, most analysts are missing out on the real crisis that has been crystallized by Saakashvili’s imprudent excursion into South Ossetia.  The very existence of NATO has been put into question. To understand that, we have to go back to the beginning of NATO as an […]

  • Geopolitical Chess: Background to a Mini-war in the Caucasus

    The world has been witness this month to a mini-war in the Caucasus, and the rhetoric has been passionate, if largely irrelevant.  Geopolitics is a gigantic series of two-player chess games, in which the players seek positional advantage.  In these games, it is crucial to know the current rules that govern the moves. Knights are […]

  • Afghanistan: Shoals Ahead for President Obama

    Obama has founded his campaign and become attractive to the American voters in large part on the basis of his position on the Iraq war.  He opposed it publicly since 2002.  He has called it a “dumb” war.  He voted against the “surge.”  He has called for a withdrawal over 16 months of all combat […]

  • Has the “Surge” in Iraq Worked?

    In 2006, things seemed to be going badly for the U.S. military efforts in Iraq.  The Iraq war became a top issue in the 2006 Congressional elections in the United States.  It is generally agreed that the Republicans did poorly in those elections, largely because the U.S. electorate had become disillusioned with the viability and […]

  • When the Tough Decide to Become Diplomatic

    President George W. Bush and his neo-con coterie made it a point of pride that their relationship to regimes they did not like was one of toughness, not of soft-soap diplomacy.  In his State of the Union speech in 2002, Bush denounced the “Axis of Evil” — composed of Iraq, Iran, and North Korea — […]

  • France Back in NATO?  Is This for Real?

    Nicolas Sarkozy has gone out of his way to sound pro-American.  He made a special visit in 2007 to Kennebunkport to have a cozy meeting with George W. Bush.  Since neither spoke the other’s language, they must have had translators.  So perhaps I might be allowed to try to translate what has been going on. […]

  • When Henry Kissinger Opines

    When Henry Kissinger opines in an op-ed in the Washington Post, it behooves us all to pay attention.  There is a message there.  Kissinger has always presented himself as the supreme “realist” proponent on U.S. imperial policy.  But he has also always taken care not to distance himself too far from the conservative political Establishment. […]

  • Walking Away: The Least Bad Option

    Except for a hardy band of neo-con optimists and the official apologists of the Bush regime, almost everyone is agreed today that the United States has gotten itself into a nasty, self-wounding mess in Iraq where it is fighting a drawn-out guerrilla war it cannot win.  At the same time, a very large number of […]

  • 2008: The Demise of Neoliberal Globalization

    The ideology of neoliberal globalization has been on a roll since the early 1980s.  It was not in fact a new idea in the history of the modern world-system, although it claimed to be one.  It was rather the very old idea that the governments of the world should get out of the way of […]

  • A Major Reversal? The NIE Report on Iran

    “O there are times, we must confess To harboring a whim — we Like to picture old Karl Marx Sliding down our chimney” — Susie Day “Help fund the good fight.   By contributing to MR, you help reinforce the left and reclaim the future.” — Richard D. Vogel “To do my part, I just […]

  • What Does Putin Want?

    “O there are times, we must confess To harboring a whim — we Like to picture old Karl Marx Sliding down our chimney” — Susie Day “Help fund the good fight.   By contributing to MR, you help reinforce the left and reclaim the future.” — Richard D. Vogel “To do my part, I just […]

  • The Putin Charisma

    Vladimir Putin has not been getting good press in the United States or even Western Europe in the last year or so.  He has been charged with being authoritarian, with attempting to recreate Russia‘s imperial control over its neighbors, and with reviving Cold War obstructionism in the United Nations. So it is with some surprise […]