During Tuesday’s confirmation hearings before the Senate, nominees for positions in Joe Biden’s cabinet expressed their support for a tough stance on China.
Subjects Archives: Political Economy
China tech ban mirrors 1980s attempts to destroy Japanese competition
In the 1980s, the U.S. imposed a 100% tariff on virtually all Japanese electronics and forced Tokyo to sign a one-sided trade deal that reserved much of its domestic semiconductor sector for American companies.
![Capitalism as Civilisation: A History of International Law (Cambridge: Cambridge University Press, 2020).]](https://mronline.org/wp-content/uploads/2021/01/capitalism-as-civilisation-200x200.png "Capitalism and the Telos of the Neoliberal Civilizing Mission")
Capitalism and the Telos of the Neoliberal Civilizing Mission
In 1931 the British Colonial Office submitted a special report to the Council of the League of Nations on the “Progress of Iraq” in the previous decade. Since the First World War had ended with the dismemberment of the Ottoman Empire and the confiscation of its territories, Iraq had been governed as a British mandate, […]
Illicit Financial Flows: Africa is the world’s main creditor
Contrary to the dominant discourse, it is actually the case that the 54 African states finance developed countries and not the other way round.
TNCs reviving TPP Frankenstein
The incoming Biden administration is under tremendous pressure to demonstrate better U.S. economic management. Trade negotiations normally take years to conclude, if at all. Unsurprisingly, lobbyists are already urging the next U.S. administration to quickly embrace and deliver a new version of the Trans-Pacific Partnership (TPP).
Germany draws another line in the sand for the U.S.
Maas underscored that Berlin “does not need to talk about European sovereignty if that is understood as us (Germany) doing everything in future the way Washington wants.”
American capitalism’s endless military drive
The U.S. Defense Security Cooperation Agency (DSCA) has announced that weapons exports have risen by 2.8% to $175 billion in 2020. In their annual briefing on U.S. arms sales, the Pentagon and State Department cold-bloodedly described this increase as an “accomplishment.”
Why are people going hungry in India despite a massive grain surplus?
The peasants gathered on the Delhi border understand all these issues much more clearly than either Modi or the intelligentsia advocating a shift away from food grains. Ironically, it is the latter group who are suggesting that the peasants are ignoramuses!
Towards a geopolitics of popular power
Lecture given at the event: “The Collapse of the Unlawful State and the Recovery of Democracy”, held in La Paz, on December 14, 2020, in the auditorium of the Vice Presidency of the Plurinational State of Bolivia.
“Too late to be pessimist! Ecosocialism or collapse”
From the analysis of the struggle between the great powers for a lesser dependence on fossil fuels (which can shape their rivalries or push towards convergence between them), to the reminder of the need for every subject of oppression to develop its own ecological reflection. Daniel Tanuro gives us illuminating and pedagogical tools to confront […]
Capitalism and catastrophe
The 2020 crisis we’ve endured isn’t an aberration of the system but, as Alex Callinicos argues, an aspect of its permanent crisis.
The Geo-politics of EU-China Investment deal
The recently announced EU-China principally agreed investment deal is a watershed moment, marking a first EU-China investment deal of its kind that would open the doors for the EU to make direct investment in China.
Dossier no. 36: Twilight: The erosion of U.S. control and the multipolar future
If there was one revolution that marked the beginning of the end of the colonial epoch and that inaugurated a new worker-led civilisation, it was the Haitian Revolution of 1804. Enslaved Africans defeated the four major European powers of the day, won their freedom, and declared an independent republic.
More important than gold, water should not be traded on Wall Street
Water is essential for life, access to fresh water is a human right, and most importantly, water is sacred. Water is life.
American Imperialism: Crash Course U.S. History #28
John Green teaches us about Imperialism.
Money as a Constitutional Project with Christine Desan
In this episode we are joined by Christine Desan, Leo Goettlieb professor of law at Harvard Law School to discuss her excellent book, Making Money: Coin, Currency, and the Coming of Capitalism.
Airbnb’s A’s and B’s
This is most clearly shown in what is allowed by the powers that run the financial system.
‘Stimulus bill’: Congress gives working class the middle finger
Democrat and Republican leaders in Congress announced a new $900 billion stimulus bill over the weekend for a second round of “relief” in the face of the worsening pandemic and related economic crisis.
A matter of survival of the peasantry
The kisans gathered around the Delhi border have unerringly put their fingers on the real issue confronting them, namely their very survival as peasants.
How the fracking revolution is killing the U.S. oil and gas industry
After over a decade of the much-hyped U.S. fracking miracle, the U.S. oil and gas industry is having to deal with years of losses and falling asset values which has dealt the industry a serious financial blow. This is despite the fracking revolution delivering record oil and gas production for the past decade, peaking in 2019.
