globalisation

Prabhat Patnaik — The crisis of overproduction/underconsumption cannot be overcome within neoliberal capitalism itself. The only way out of this crisis is to go beyond neoliberal capitalism which is to go beyond capitalism.
William I. Robinson discusses the rise of transnational class exploitation and how contradictions between a globally integrated economy and a nation-state-based system help explain rising US-China tensions.
The Russian invasion of Ukraine is having profound repercussions for the international system and the global economy. In this conversation, Boris Kagarlitsky discusses the implications of the war on the Russian economy, its financial sector, and the Russian elite. Furthermore, he nalyzes the ongoing crisis of globalization, in particular Western sanctions, rising commodity prices, and the current role of China.
 

By William I. Robinson

May 14, 2017 Links International Journal of Socialist Renewal — The recent U.S. attack on Syria and mega-bombing of Afghanistan come at a time when the Donald Trump regime is facing a mounting scandal over alleged Russian involvement in its 2016 electoral campaign, historically low approval ratings for an incoming presidency, and a growing mass grassroots resistance movement. U.S. rulers have often launched military adventures abroad to deflect attention from political crises and problems of legitimacy at home.

 

By Steve Ellner December 30, 2016 ––