The situation in Venezuela has become extremely dire due to Washington’s heightened economic warfare, its continuing attempts to engineer a political coup, and its growing threats of massive military intervention—all aimed at bringing down the Bolivarian Republic. The recent seizure of Venezuelan oil assets in the United States and its gold reserves in British banks, as well as the sanctioning of Venezuelan oil sales, have come on top of a long series of economic sanctions—beginning with the Obama administration and now intensified under Trump’s—that constitute nothing less than a modern form of siege warfare, extended to food supplies and medicine. But the Venezuelan Revolution has managed to resist in the face of the economic and political warfare of the most powerful imperialist nation in the world, and the reasons why are to be found in the nature of the Bolivarian Revolution and the Venezuelan people themselves. | more…
The promise of a world without disease has been replaced by warnings of evermore virulent pathogens, created by the very drugs that were supposed to save us. Scarcely a day passes without more news of people contracting infections or infectious diseases that cannot be cured by the strongest medicines available. Antimicrobial Resistance is a global health crisis driven by two major factors: the spectacular ability of bacteria to adapt to threats, and a pharmaceutical industry and health care system that puts profit before people. In addition to devastating climate change, the Anthropocene may be defined by epidemics that medicine cannot cure. | more…
Can economic growth continue forever? This relatively simple question has posed some intellectual headaches for modern capitalism. Capital cannot tolerate any limits—that is, the drive for growth and the search for new markets are both necessary for the political and economic survival of capitalism. Viewed in this light, the implications of the question present something of an existential challenge to the current order. Capitalism cannot acknowledge any natural limits to economic growth, for that would mean acknowledging its ultimate demise. To keep up the pretense that capitalism represents a quasi-eternal and invincible system, most political leaders and economists who support the current order have begun reciting a series of elaborate narratives about the relationship between human economies and the natural world. | more…
The Yellow Vests (gilets jaunes) movement first appeared in October 2018 and is active everywhere in France. As this article was written, the spontaneous mobilization was in its twenty-first week. The demonstrations are mainly organized around traffic circles, where protesters block transportation lines. While their concrete demands are about wages, these demands are not presented by workers’ actions aimed at defending the value of labor power, but rather as part of a citizens’ movement, as referred to by the media and many of the demonstrators. In this way, the site of political confrontation has been shifted. | more…
Situated largely within the Marxist debates on imperialism—but addressing the liberal formulations too—The Changing Face of Imperialism: Colonialism to Contemporary Capitalism is an important intervention regarding the material basis of imperialism and its three-hundred-year-old history of unequal power relations. The book broadly addresses five issues: (1) the nature of finance capital and the novel yet familiar processes of value extraction; (2) the world of capital; (3) global production networks and labor regimes; (4) the institutional system of nation-states in the new global order; and (5) the nature of integration from colonial regimes to now. | more…
