economy

Malfred Gerig situates the impact of United States’ sanctions on Venezuela and the rise of Venezuela’s crony capitalism within the context of the nation’s “Long Depression”.

Promise Li — Economic interdependence has shown surprising resilience even across rival geopolitical blocs. Existing theories of imperialism fail to fully account for these seemingly contradictory dimensions of today’s world system.

Álvaro García Linera — We are witnessing the slow and melancholic disintegration of the old free market order and the nascent rise of various alternative models, none of which has secured a definitive foothold yet.

Dmitry Pozhidaev — If religion is the opium of the people, FDI is the opium of development: it creates an appearance of development while undermining and restricting development opportunities.

Sam Gindin discusses the rise of the US empire, its role in creating a truly global capitalism and the challenges it faces today.

Frederick Thon Ángeles, Manuel Rodríguez Banchs and Jorge Lefevre Tavárez put forward 18 ideas about the new world order, the dangers of rising inter-imperial conflict, and the need to build an independent pole anchored in the international working class.

Adam Hanieh provides an alternative approach to understanding Palestine – one that is framed by the wider region and the Middle East’s central place in our fossil fuel-centred world.

Ilya Matveev — Vast shifts in the world economy are driving a new imperialist rivalry, for which a series of regional wars are creating dangerous flash points.

Michael Roberts looks at the state of the US and world economy, the reasons for what he calls the Long Depression, and how it is driving political polarization and imperial rivalries.

David McNally looks at current geopolitical dynamics, economic fault lines, labor struggles and perspectives for socialists in 2024.

Costas Lapavitsas & Nicolás Aguila — The present condition of the capitalist order should be understood as a Gramscian interregnum, when “the old is dying and the new cannot be born.”