Michael Pröbsting discusses the important changes that have occurred within the global imperialist system in recent decades and its implications for revolutionary strategy today.
Michael Pröbsting — The expansion of BRICS reflects the rise of Chinese and Russian imperialism at the cost of their Western rivals.
Michael Pröbsting — Some on the left still claim Russia is not an imperialist power (and hence a lesser evil than Western rivals). This is a discussion not just of theoretical interest but also of political importance.
Michael Pröbsting — The latest edition of the ILO’s Global Wage Report contains a number of interesting figures which demonstrate how the bosses are offloading the consequences of the capitalist crisis on the shoulders of the working class.
“Ukraine Resists!”: New book challenges prejudices and misconceptions regarding Putin’s war on Ukraine
Michael Pröbsting — Resistance Books, an Australian based non-profit, progressive book publisher, has published a new book dealing with the Ukraine War: the single most important event in the current conjuncture of world politics.
Michael Pröbsting — Many Marxists discuss the advantages and disadvantages of AI primarily from a technical point of view. Such an approach is the result of a theoretical wrong understanding of the relationship between productive forces and the relations of production.
Inter-imperialist rivalry and the specter of de-dollarization: On the decline of the US Dollar since the start of the Ukraine War
Michael Pröbsting — Many economists are discussing the question of which currency will replace the dollar or, more concretely, if China’s yuan could become the new leading currency. As we recently discussed elsewhere, this question is misleading.
Where is Russia hiding its money? Why EU authorities claim they can not find most of Russia’s foreign assets
Michael Pröbsting — Since Kyiv is hardly in a position to pay for reconstruction and arms purchases, Western governments would like to cover their costs with Russian money. At the same time, efforts to identify and freeze sanctioned Russian oligarch money are also going slowly and so far, only a total of $22 billion has been identified. How can this be explained?
Is US aid to Ukraine really 'unprecedented'? New studies destroy the myth propagated by supporters of Western and Russian imperialism
Michael Pröbsting — Politicians of Western governments never tire of asserting that aid from the US and EU for Ukraine is “unprecedented”.
'Empire-ism' vs a Marxist analysis of imperialism: Continuing the debate with Argentinian economist Claudio Katz on Great Power rivalry, Russian imperialism and the Ukraine War
Michael Pröbsting — Relations between Great Powers cannot be understood in isolation but rather have to be viewed in the context of fundamental class contradictions within a given historical stage of a mode of production.
Michael Pröbsting — One of the key debates among socialists today is the class character of China. This is hardly surprising since China is not only the most populous country on the planet but its rivalry with the U.S. also constitutes a pivot of the world situation.
Michael Pröbsting - Russia’s war against Ukraine has had devastating consequences for the country’s economy and society.