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Reframing geopolitics from a Marxist perspective

yewtu.be The 'globalization' myth, US hegemony, and crisis of capitalism, with Radhika Desai

Economist Radhika Desai and Ben Norton discuss the neoliberal myth of "globalization", the contradictions of US hegemony, and the crisis of capitalism. This is part 1 in a series discussing Radhika's new book "Capitalism, Coronavirus, and War: A Geopolitical Economy". Other episodes in the series:...

A banger conversation where Radhika Desai challenges common narratives regarding world development communistly. She made a lot of interesting arguments and I took some notes that I'm gonna share here:

  • imperialism is when nationstates manage capitalism's contradictions at the expense of subordinate territories

  • once capitalism develops in one country, other countries are forced to either become subordinate (buy their excess commodities, surrender resources) or develop themselves (protectionist, state-directed industrialization)

  • maintaining unevenness is imperialism, resisting this underdevelopment is anti-imperialism

  • global development is not the spread of markets, not the rule of successive hegemonies, but the spread of multipolarity

  • golden age of capitalism was after WWII and was actually ruined by capitalism, not caused by it

    • it came about from socialist policies that wringed monopolies: regulations, full employment, welfare, universal education, healthcare, price controls
    • neoliberalism is the rolling back of these measures to protect capitalism, prevent further socialist development

Highly recommend you guys listen in! This video made a lot of ideas click for me.

Btw here's a free link to her book

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