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Gender and capital 150 years later
We are witnessing an era of conservative backlash on gender rights. Nearly across the board, women make less than men, make up a majority of those in poverty (70% of those in extreme poverty), and face the real prospect of becoming a victim of sexual violence (1-3 internationally).
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U.S. trade deficits, Trump trade policies, and capitalist globalization
Understandably concerned about the consequences of the large and sustained U.S. trade deficit, many workers have grown tired of waiting for so-called market forces to produce balance. Thus, they cheer Trump administration promises to correct the imbalance through tariffs or reworked trade agreements that will supposedly end unfair foreign trade practices.
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The new CIA director nominee and the massacre at My Lai
Protecting those who commit heinous crimes in the name of the U.S. government provides a dangerous precedent and could lead to the conclusion by many in the military and CIA that they can “get away with murder,” Ann Wright observes.
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Today’s capitalism was born in slavery
By 1830, one million Americans, most of them enslaved, grew cotton. Raw cotton was the most important export of the United States, at the center of America’s financial flows and emerging modern business practices, and at the core of its first modern manufacturing industry.
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Buyback this!
I have been arguing, since 2016, that one of the likely outcomes of the kind of corporate tax cuts Donald Trump and his fellow Republicans have supported—and, as we saw, eventually rammed through—would be an increase in inequality.
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Enclosed thinking
In a slave society, one can argue, the interest of the slaves lies in keeping the slave owner happy, for otherwise he is likely to flog and whip them mercilessly which would cause them great agony. Likewise in a caste society, one can argue, the interest of the Dalit lies in being as inconspicuous as possible, in not ‘polluting’ the upper castes through his presence, for otherwise he is likely to be beaten and lynched.
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Nervous about Russia
Two weeks ago in Salisbury, less than 10 kilometres from the UK’s Porton Down chemical weapons establishment, a Russian and his daughter appear to have been poisoned. Sergei Skripal was a former Russian military intelligence officer who acted as a spy for the UK’s MI6.
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Half a year on from Hurricane Maria, many Puerto Ricans lack running water and electricity
PUERTO RICANS marked six months today since the formation of Hurricane Maria, which devastated the island, causing about $100 billion (£72bn) in damage.
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Utopia and healthcare (part 2)
The dystopia of the American healthcare system certainly invites a utopian response—a ruthless criticism as well as a vision of an alternative.
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French ruling elite brays for war in Syria amid U.S.-UK threats against Russia
As British Prime Minister Theresa May moves to cut off relations with Russia after the mysterious poisoning of former British spy Sergei Skripal, a debate over war policy is erupting in the French ruling elite.
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Imperialism today: a critical assessment of Latin American dependency theory
The main theorist of dependency anticipated trends of neoliberal globalization. He analyzed productive globalization, the centrality of exploitation and the relative weight of surplus value transfers. But the employment crisis exceeds what was envisaged by Marini, in a scenario disrupted by the mutation of the United States, the collapse of the USSR and the rise of China.
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Is Marxism science? Part 1: Darwin, Marx and the scientific method
Ringa Ranga Rajah, a London devotee of recently departed Ambalavanar Siva, complained bitterly last year when 14 March went by and I neglected Marx and Einstein. The former died on 14 March 1883 and the latter was born on 14 March 1879. I promised to make amends and this year Sundays 11 and 18 straddle the date.
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The Skripal poisoning: What lies behind UK-US ultimatums against Russia?
To those who say it is obvious that Russia poisoned Skripal, it is worth recalling the 2001 anthrax attacks in the United States, in which a deadly strain of anthrax was mailed to many U.S. officials in Washington, killing 5 people and infecting 17 more, shortly after the September 11 attacks. There again, media immediately blamed the attacks on obvious targets of U.S.-UK war threats—the Iraqi regime’s weapons of mass destruction (WMD) program and its alleged ties to Al Qaeda. These all proved to be lies, serving Washington’s foreign policy interests as it sought to go to war in Iraq.
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Willetts the conqueror (part 1): market populism
This is Part 1 in a five-part series on Willets: Introduction; part 2; part 3; part 4. In the first installment of this multi-part critical review of David Willetts’ (2017) A University Education, we look at his ‘revisionist’ history of the university as it is modernised through successive historical periods – medieval, modern and neoliberal […]
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The market can’t solve a massacre
The massacre at Stoneman Douglas High School in Parkland, Florida, one month ago today, left seventeen children and school staff dead. It was the third highest-casualty mass shooting at an educational institution in American history (after Virginia Tech—32 dead—and Sandy Hook—27) and the ninth highest-casualty single-shooter mass shooting in modern American history.
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Washington’s century-long war on Russia
The United States has launched a three-pronged offensive on Russia. First, it’s attacking Russia’s economy via sanctions and oil-price manipulation. Second, it’s increasing the threats to Russia’s national security by arming and training militant proxies in Syria and Ukraine, and by encircling Russia with NATO forces and missile systems.
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Biofinance
Capitalism has been the subject of too many conflicting definitions for any of the claims that follow to have any purchase on truth — understood as an adequation to the real. Beneath the numerous disagreements, however, a common substratum can be gleaned between the liberal Smithian, and the classical Marxist and Weberian positions: capitalism is a system geared at fostering accumulation for its own sake.
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New CIA director Gina Haspel oversaw torture at a black site then lost evidence of it
As “chief of base” of a CIA Black Site in Thailand, Haspel oversaw the torture and waterboarding of Abu Zubaydah, who still hasn’t been charged with a crime.
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Willetts the conqueror (part 3): human capital
The following post is the third instalment of the multi-part review of David Willetts’ ‘A University Life’, you can find here the Introduction; Part 1 and Part 2. Parts 3 and 4 take a slightly different approach, diving deeper into the fundamental principles of marketisation, which centre on the conversion of qualitative experience and practice into quantitatively measurable outcomes, which can in turn become proxies for higher education’s exchange value.
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Notes from the future
What’s happening in Cape Town now might soon happen to many places in the world. To prevent socio-ecological crises like this we need to manage our resources more rationally and collectively.