Capital Swallows Itself
The crisis of capitalism is currently opening wide. But it didn’t come out of nowhere.
19633 Articles by: Frantz Durupt
Frantz Durupt is a journalist at French daily Libération.
Modi’s Government Has Botched Its Response to India’s Pandemic
With its economic resources and geopolitical strength, India should be in a better position to face COVID-19 than most countries in the Global South. But its people are paying the price for incompetent policymaking and years of neglect under Narendra Modi.
David Harvey: We Need a Collective Response to the Collective Dilemma of Coronavirus
The crisis triggered by the COVID-19 pandemic is an opportunity for us to think again about Marx’s idea of human freedom. As David Harvey writes in Jacobin, emergency steps to get through the crisis also show us how we could build a different society that’s not beholden to capital.
Why Jordan Peterson Is Always Wrong
Jordan Peterson is one of the most famous public intellectuals in the world. But his pronouncements in favor of capitalism and hierarchy collapse at the slightest bit of scrutiny.
The Ruling Class Does Not Rule
In a capitalist society, state managers rely on business confidence to generate the economic growth on which they depend, so capitalists don’t have to mobilize politically to block radical reform. It requires exceptional circumstances to loosen these constraints.
The UK’s University Strikes Are in Lockdown
Since last year, the UK has seen sustained and powerful industrial action across its higher-education sector, with the latest strike wave only interrupted by the onset of the COVID-19 pandemic. With the crisis sure to be exploited by the Tory government, universities and colleges are more under threat than ever, and union strength has never been more vital.
The Labour Left Didn’t Start With Jeremy Corbyn’s Leadership, And It Won’t End There Either
British socialists may be reeling from December’s election defeat, but the injustices that fueled their movement are still as glaring as ever. Sooner or later, the forces inspired by Jeremy Corbyn will regroup and resume the struggle, under the leadership of a new generation.
Fifty Years Ago This Spring, Millions of Students Struck to End the War in Vietnam
In May 1970, 4 million students went on strike across the country, shutting down classes at hundreds of colleges, universities, and high schools and demanding an end to the Vietnam War. Fifty years later, their rebellion remains an inspiration, as radical student politics is back on the agenda.
The Left Can’t Just Dismiss the Anti-Lockdown Protests
The anti-lockdown protests may currently represent a Trumpian minority — but that could easily change if the choice becomes going hungry or going back to work. We need a real alternative that refuses to accept the false trade-off between economic security and public health.
Lean In to Your Quarantine Anxiety and Read Super Sad True Love Story
Gary Shteyngart’s novel Super Sad True Love Story was published a decade ago, and it offers a portrait of a near-future, dystopian United States that might suddenly be upon us. It’s perfect reading for the pandemic lockdown.
“Progressive Capitalism” Is Impossible
Progressive economist Joseph Stiglitz means well, but the dream of a “progressive capitalism” will remain just a dream, its horizons always strictly limited by capitalist private ownership.
Economic Planning Meets Needs Which the Market Ignores
The COVID-19 pandemic has brought a change of priorities, as states buy up masks and ventilators regardless of the cost. Basing economic decisions on human need, not our ability to pay, imposes a principle of equality — allowing us collectively to decide what kinds of production we really need.
The Global South Must Be Freed of Its Debt Servitude
The G20 has announced it will allow 76 poor countries additional time to pay back their loans. But it’s not an act of benevolence — it’s a desperate maneuver to maintain the global debt peonage that undergirds neoliberal capitalism.
The Left Must Seize This Moment, or Others Will
The COVID-19 pandemic will transform our world. Massive state intervention is essential to head off an unprecedented slump. We must come out of this crisis with a better society.
This Eurozone Crisis Will Be Even Worse Than Last Time
European Commission president Ursula von der Leyen has apologized to Italy for the EU’s underwhelming response to coronavirus. But faced with economic meltdown, battle lines are hardening between the German-led bloc and the states of the Southern periphery — and the splits are about to become even more irreconcilable.
Why Are They So Mad at Bernie Supporters?
Democratic Party liberals got what they wanted in a Joe Biden nomination for president — and yet they’ve never been more contemptuous of Bernie Sanders supporters.
We Should Applaud the Cuban Health System — and Learn From It
Poor and blockaded Cuba not only has better health indicators than the United States, but its international medical efforts save thousands of lives a year. We should be applauding the Cuban health system — and learning from it.
The Last Thing We Need Is a “New Cold War” With China
With Joe Biden releasing racist anti-China ads and Donald Trump trafficking in his usual toxic xenophobia, it’s becoming clear liberals and conservatives alike are trying to stoke a New Cold War with China. Democratic socialists must stand against it.
Never Let a Pandemic Go to Waste
Mexican elites have done everything in their power to discredit and undercut President Andres Manuel Lopez Obrador since he first took power. In the midst of the coronavirus pandemic, they’re ramping up their attacks.
Vladimir Lenin’s Time in England Would Shape Him Forever
After he left Siberia in 1900, Lenin would spend much of the next decade in London. He didn’t much like the food — but his time in the émigré milieu would help make him the revolutionary he was.