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Showing posts with the label "dependist theory"
"With the fall of the U.S.S.R. and the rise of the U.S. to unparalleled power, Amin wrote of the ‘empire of chaos’, of a new era that would result in great inequality, precarious labour, the destruction of agriculture and the dangers of political religion. What Amin tracked in 1992 would become clear two decades later, when he revisited these same themes in  The Implosion of Contemporary Capitalism  (2013). Monopoly firms had sucked the life out of the system, turning businesspeople into ‘waged servants’ and journalists into the ‘media clergy’. An unsustainable world system, with finance in dominance and people whipping from one precarious job to another, seemed to threaten the future of humanity. He surveyed the world and found no real alternative to the monopoly-dominated system that—like a vampire—sucked the blood out of the world. This did not mean that history was to drive humanity over the precipice. Other choices lay before us." Death of a Marxist