The Root Problem is the Capitalist System
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The Root Problem is the Capitalist System

Text of Bolivian President Evo Morales’ speech to the United Nations General Assembly, September 24, 2019. Brother President of the United Nations General Assembly, Tijjani Muhammad Bande. Brother Secretary General of the United Nations, Antonio Guterres. Sisters and brothers Presidents, Chancellors and Delegates Sisters and brothers of the International Organizations and all the peoples of…

The Systemic Crisis of World Capitalism
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The Systemic Crisis of World Capitalism

The hallmark of a systemic, as distinct from a cyclical or sporadic, crisis of capitalism is that every effort to resolve the crisis within the broad confines of the system, defined in terms of its prevailing class configuration, only worsens the crisis. It is in this sense that neoliberal capitalism has now entered a systemic…

Reclaiming a Socialist Vision

Reclaiming a Socialist Vision

As the capitalist crisis deepens and movements against capitalist globalisation build up across the world, many people are now talking about capitalism and describing themselves as anticapitalist. Great! But what do they mean? That capital’s international institutions are bad because they usurp the right of citizens to make democratic decisions? That financial speculation detracts from…

The Debate Over Inequality
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The Debate Over Inequality

The debate over inequality has become hotter world-wide. While Trump had introduced substantial tax cuts for the rich in 2017, and Britain’s Boris Johnson, the front-runner to succeed Teresa May, has promised to do the same if he becomes Prime Minister, there are strong proposals for taxing the rich which have also been mooted. Bernie…

The Global Rise of Fascism: Capitalism End Game?
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The Global Rise of Fascism: Capitalism End Game?

It is everywhere. In a few years, it has metastasized like a cancer, on all continents. Its fervent proponents and ill-informed supporters call it populism or nationalism. In the Italy, Germany, or Spain of the 1930s, however, this ideology of exclusion and fear, defined by a hatred of the other, together with a tyrannical executive…

Capitalism Has Failed—What Next?
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Capitalism Has Failed—What Next?

Less than two decades into the twenty-first century, it is evident that capitalism has failed as a social system. The world is mired in economic stagnation, financialisation, and the most extreme inequality in human history, accompanied by mass unemployment and underemployment, precariousness, poverty, hunger, wasted output and lives, and what at this point can only…

Capitalism Has Failed—What Next?

Capitalism Has Failed—What Next? Less than two decades into the twenty-first century, it is evident that capitalism has failed as a social system. The world is mired in economic stagnation, financialisation, and the most extreme inequality in human history, accompanied by mass unemployment and underemployment, precariousness, poverty, hunger, wasted output and lives, and what at…

On May Day . . .

On May Day . . . “Let’s drink a toast to all those farmers, workers, artists and intellectuals of the last 100 years who without thought of fame and profit . . . worked tirelessly in their dream of a worldwide socialist revolution, who believed and hoped that a new world was dawning and that…