November 1, 2014
The term multitude was first used in Europe, it seems, by the Dutch philosopher Spinoza, to whom Michael Hardt and Antonio Negri explicitly refer. It then designated the "common people" who were a majority in the cities of the Ancien Régime and deprived of participation in political power (reserved for the monarch and the aristocracy), economic power (reserved for property owners of feudal ancestry or for the nascent financial bourgeoisie, both urban and rural—including the rich peasants), and social power (reserved for the Church and its clerics). The status of the common people varied. In the city, they were artisans, small merchants, pieceworkers, paupers, and beggars; in the country, they were landless. The common people in the cities were restless and frequently exploded into violent insurrections. They were often mobilized by others—particularly the nascent bourgeoisie, the active component of the Third Estate in France—in their conflicts with the aristocracy.
September 1, 2014
It is not by chance that the very title of this contribution links the return of fascism on the political scene with the crisis of contemporary capitalism. Fascism is not synonymous with an authoritarian police regime that rejects the uncertainties of parliamentary electoral democracy. Fascism is a particular political response to the challenges with which the management of capitalist society may be confronted in specific circumstances.
September 1, 2013
Only a few years ago governments, corporations, and energy analysts were fixated on the problem of "the end of cheap oil" or "peak oil," pointing to growing shortages of conventional crude oil due to the depletion of known reserves. The International Energy Agency's 2010 report devoted a whole section to peak oil. Some climate scientists saw the peaking of conventional crude oil as a silver-lining opportunity to stabilize the climate—provided that countries did not turn to dirtier forms of energy such as coal and "unconventional fossil fuels."… Today all of this has changed radically with the advent of what some are calling a new energy revolution based on the production of unconventional fossil fuels. The emergence in North America—but increasingly elsewhere as well—of what is now termed the "Unconventionals Era" has meant that suddenly the world is awash in new and prospective fossil-fuel supplies.
September 1, 2012
Majority opinion in Europe holds that Europe has all it takes to become an economic and political power comparable to, and consequently independent of, the United States…. I believe that Europe suffers from three major handicaps that rule out such a comparison. First of all, the northern part of the American continent…is endowed with natural resources incomparably greater than the part of Europe to the west of Russia…. Secondly, Europe is made up of a good number of historically distinct nations whose diversity of political cultures…has sufficient weight to exclude recognition of a "European people"… In the third place…capitalist development in Europe was and remains uneven, whereas American capitalism has developed in a fairly uniform way throughout the northern American area, at least since the Civil War. Europe, to the west of historic Russia…is composed of three unequally developed sets of capitalist societies.
September 1, 2012
Cuba is remaking medicine in a remarkable diversity of cultures in Latin America, the Caribbean, Africa, Asia, and the Pacific Islands. Its efforts go far beyond providing medical care to other parts of the world as a Western approach might limit itself to doing. The Cuban project develops bilateral agreements with host countries to rethink, redesign, and recreate medicine.
November 1, 2009
Today the capitalist economies of the world are in deep trouble. Some economists have theorized that the linkages between the United States and the rest of the world had been weakened as other nations gained more economic autonomy. A decoupling thesis was presented claiming that a crisis in one part of the system (say, North America) would not affect other major parts (say, Europe and Asia). We now know this is not true. Toxic assets were sold around the world, and banks in Europe, Asia, and Japan are in trouble too. Housing bubbles have burst in Ireland, Spain, and many other countries. In Eastern Europe, homes were bought with loans from Swiss, Austrian, and other European banks, payable in European currencies. As the economies of Hungary and other nations in the region, which financed their explosive growth with heavy borrowing from Western banks, have gone into recession, their currencies have suffered a sharp deterioration in exchange rates. This means that mortgage payments have risen sharply, as it now takes many more units of local currency to buy the Swiss francs or euros needed to pay the loans. In some cases, mortgage payments have doubled.
July 1, 2009
The "world food crisis" of 2007–08 was the tip of an iceberg. Hunger and food crises are endemic to the modern world, and the eruption of a rapid increase in food prices provided a fresh window on this cultural fact. Much like Susan George's well-known observation that famines represent the final stage in an extended process of deepening vulnerability and fracturing of social reproduction mechanisms, this food "crisis" represents the magnification of a long-term crisis of social reproduction stemming from colonialism, and was triggered by neoliberal capitalist development.
April 1, 2009
As the first tremors of the looming financial crisis ripped through Wall Street, with the meltdown of the subprime mortgage market in the summer of 2007, the dollar plunged sharply. Perversely however, even as some financial pundits were foretelling its collapse, the deepening of the crisis following the bankruptcy of Lehman Brothers in September 2008 actually saw the dollar gain ground sharply (for the first time since the steady decline that began in 2002.