By Ilias Alami, I have made the case for thinking politically about capital controls. This is particularly important, I argued, because on one hand, capital controls tend to be portrayed even by progressive economists as ready-made, neutral, technical measures, which fulfil similar objectives irrespective of where they are implemented; and on the other, because the … More Post-Crisis Capital Controls in the Periphery – Regaining Policy Space?
By Bill Dunn, The theories of monopoly capitalism and unequal exchange make important contributions to economic theory. They emphasize, respectively, how big companies can use their power over consumers and smaller-firm suppliers, and how rich countries can exploit poorer ones. Capitalist exchange is not a realm of freedom and equality. However, both theories continue to … More Claiming Too Much for Exchange
By Intan Suwandi, R. Jamil Jonna and John Bellamy Foster (originally posted at Monthly Review), Twenty-first-century capitalist production can no longer be understood as a mere aggregation of national economies, to be analyzed simply in terms of the gross national products (GDPs) of the separate economies and the trade and capital exchanges occurring between them. … More Global Commodity Chains and the New Imperialism
By James Parisot, The continuing debate over contemporary imperialism triggered by John Smith’s criticisms of David Harvey has been wide ranging and brought forth many important questions for 21st century global capitalism. The discussion was primarily centered around insights from Smith’s book Imperialism in the Twenty-First Century regarding questions of economic exploitation between those countries … More The Real History of Imperialism: A Comment by James Parisot on Recent Debates
Fast Capitalism is seeking critical essays for possible inclusion in a special issue onNAFTA and Brexit. The goal is to gather both scholarly essays and political commentariesin time to present careful critical studies of the links between neoliberal trade practicesnegotiated by nation-states, large corporations, international organizations and the populist opposition to such global initiatives in … More CFP: Special Issue of Fast Capitalism on NAFTA and Brexit
With respect to to this post, readers might be interested in a long set of follow-up debates below. h/t Patrick Bond, whose contribution was just published here at Human Geography David Harvey Denies Imperialism In a major critique of David Harvey’s work, the radical political economist John Smith takes on Harvey’s claim that the “East” … More Imperialism in the 21st Century
TNI’s annual State of Power reports have, since their launch in 2012, become a must-see reference point for citizens, activists and academics concerned with understanding the nature of power in our globalised world in order to inform struggles for justice. With a mixture of compelling infographics and insightful essays, State of Power has examined dimensions … More Call for papers on finance & power for Transnational Institute (TNI) State of Power 2019