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Showing posts from August 18, 2024

Let’s Abolish the IMF on Its 80th Birthday

Well, the appeal would not resonate with a few of my students who want to work in institutions such as the IMF. They think of job prospects, but a few also believe that the IMF is still one of those institutions that could help ‘development’. Students at the age of 20 to 25 who have enrolled in elite institutions and who have only begun to know about the world, have an interest in believing in such a ‘liberal institution’ of imperialist domination.  Hardly any of those students has ever systematically studied the historical and global working of the capitalist system. On the contrary, even when they are introduced to an alternative, they cannot escape thinking of whether the alternative conflicts with their professional ambitions/careers in managing the system. Public Administration, for instance, is one of the disciplines they enrol in. Ironically, although I don’t have data to support my argument, a few of them end up in debt if the parents are not able to pay the full fees thus ...

The Global Meaning of Gaza

“The genocide in Gaza and the repression and criminalization of Palestine solidarity on and off U.S. university campuses and around the world  tell a larger story of global capitalist crisis .  The absolute savagery of the unfolding genocide has touched a raw nerve throughout the world precisely because it brings home the high stakes involved as the dynamics of global crisis play out, from Kenya to Argentina, from France to the United States, from Bangladesh to Nigeria.”

Multi-Polarity: A New Alignment?

“As multi-polarity grows, there are some who see this as a new stage of non-alignment, and even the creation of an anti-imperialist bloc. But the economic and political elites of the Global South are too deeply tied to transnational capitalism to be truly independent. Instead,  multi-polarity is a struggle within global capitalism  for a larger share of markets, profits and political power.”

Quote of the Week: What Is a Society?

A society is not the temple of value-idols that figure on the front of its monuments or in its constitutional scrolls; the value of a society is the value it places upon man’s relation to man. To understand and judge a society one has to penetrate its basic structure to the human bond upon which it is built; this undoubtedly depends upon legal relations, but also upon forms of labour, ways of loving, living, and dying. —The French philosopher Maurice Merleau-Ponty