capitalism
Why global capitalism is tipping towards collapse, and how we can act for a decent future
"Random events, those happenings that nobody could foresee, always have a huge impact on historical outcomes."
March 15, 2010 -- This is an excerpt from an essay that forms the entire contents of the March 2010 edition of UNITY, Socialist Worker New Zealand's quarterly Marxist journal for grassroots activists. Following editions of the journal will expand on the crises which are converging to tip global capitalism towards collapse. To subscribe to UNITY journal, email Len Parker at office@sworker.pl.net. UNITY is posted to your letterbox four times a year. Price: $25 for NZ subscribers, NZ$40 offshore fastpost. This excerpt has been posted at Links International Journal of Socialist Renewal with permission.
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By Grant Morgan
Part 1: History lessons
The fable behind the stereotype
China, capitalist accumulation and the world crisis
By Martin Hart-Landsberg
[A version of this article appeared in the South Korean journal, Marxism 21. It has been posted at Links International Journal of Socialist Renewal with Martin Hart-Landsberg’s permission.]
February 2010 -- The consensus among economists is that China’s post-1978 market reform policies have produced one of the world’s greatest economic success stories. Some believe that China is now capable of serving as an anchor for a new (non-US dominated) global economy. A few claim that the reform experience demonstrates the workability (and desirability) of market socialism. This paper is critical of these views.
United States: The rise of bagel capitalism
By Harry Targ
Michael Lebowitz: `The Four Rs' of global capitalism
By Michael A. Lebowitz
February 19, 2010 -- Correo del Orinoco -- In Venezuela, people know what the 3Rs stand for: revise, rectify and re-impulse. Like Karl Marx, who stressed that the revolution advances by criticising itself, President Hugo Chavez has argued that it is necessary to recognise errors and to go beyond them in order to advance.
Vancouver Winter Olympics: A festival of corporate greed
By Roger Anni
Reconstructing Haiti: Time to break with foreign interference
By Regan Boychuk
January 26, 2010 -- Haitians’ incredible plight has always been difficult to fully appreciate. Then the earthquake struck: hundreds of thousands dead, hundreds of thousands more hurt, a million homeless, and two million in need of food. It defies imagination.
And according to a journalist just returned from Haiti, even the heart-rending footage we’ve seen here on television fails to “portray the magnitude of the tragedy that has happened – and the degree to which the Haitian people are suffering. When looking at images from the disaster,” writes Steven Edwards, “we need to multiply by ten times our reaction of horror – only doing that can give you a true picture of what is going on in a place that has become hell not far from our shores.”[i]
John Bellamy Foster: The crisis of capital: economy, ecology and empire
From pdxjustice Media Productions on Vimeo.
Professor of sociology and editor of Monthly Review, John Bellamy Foster, talks about the triple crises in the economy, the environment, and the imperial wars and occupations in Iraq, Afghanistan and beyond..
John Bellamy Foster: Why ecological revolution?
By John Bellamy Foster
Copenhagen: Why the West tries to blame China and the poor for COP15 fiasco
By Roy Wilkes
December 27, 2009 -- Socialist Resistance -- Something rotten happened in Denmark. The fifteenth session of the Conference of the Parties (COP15), in which so many had invested so much hope, began as farce and ended in tragedy. Anyone who still had the faintest illusion that the climate crisis could be resolved within capitalism has now seen it fatally dashed against the rocks of Copenhagen.
Of course, our rulers cannot blame themselves for this fiasco. So, who then is to blame? “China”, screams a furious Ed Milliband [the British Labour government's Secretary of State for Energy and Climate Change] upon his return to London, with the media machine joining the chorus. Blame China! Blame Venezuela! Blame the poor countries who obstructed "The Deal"! Blame the victims who dared to ask for a 1.5 degree C limit, those unrealistic fools who dared to ask to be allowed to live.
Copenhagen: Morales and Chavez a `smashing success' -- an insider's report from the ALBA delegation
[See the ALBA countries' declaration on the Copenhagen talks below.]
By Ron Ridenour
December 23, 2009 -- “Nobel War Prize winner walked in and out of a secret door, and that is the way capitalism and the United States Empire will end up leaving the planet, through a secret back door.” So spoke Venezuela President Hugo Chavez from the plenary podium on the last afternoon, December 18, of the 12-day long Copenhagen climate conference (COP15).
“While the conference was a failure, it, at least, led to more consciousness of what the problem is for all of us. Now starts a new stage of the struggle for the salvation of humanity, and this is through socialism. Our problem is not just about climate, but about poverty, misery, unnecessary child deaths, discrimination and racism—all related to capitalism”, Chavez said at the Bolivarian Alliance of the Peoples of Latin America (ALBA) press conference held at the Bella Centre immediately following Chavez’ last remarks at the plenary.
Bolivia's President Evo Morales followed Chavez’ remarks by saying: