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Showing posts with the label “neoliberal capitalism”

Israel’s Permanent ‘War Economy’

It is a good summary and a well-researched article . I think it needs more elaboration on Israel’s shift to ‘a neoliberal economy’.  The Israeli’s economy is not just a ‘war economy’. It is 1. a capitalist political economy with its internal dynamics and 2. a global political economy. Class is absent in the analysis as if Israel is a unique case where ‘nationalism’ (and religion or both) decide rather than a ruling class or a coalition that represents different classes. Falling rate of profit or as Nitzan and Bichler put it in a seminal work that serves as a background and a starting point of Israel economy today “the profit margins of dominant capital started to feel the pinch.” This is a major factor in the form of capitalism Israel shifted to in order to maintain or increase the regime of capital accumulation.  Related After the economic crisis that hit a few countries in the 1990s then the 11 of September attacks on the US, the crisis reached Western countries. “The i...

UK: The Refugee as a Lifeless Object

The ‘same’ headlines, attacks and vilifications uttered and published when I first arrived in England 20 years ago. The difference today is that white Ukrainians are welcome as it was with Polish labour. Johnson warns of the ‘healthy young men’ or ‘economic migrants’ who come here under false pretences, sometimes posing as minors, in place of the truly vulnerable.  Fables of migration

US

 “It’s clear that Trump’s strategy of polarisation on the basis of a far-right agenda has allowed him to strengthen and expand his popular base. Whoever scrapes into the White House, the US is going to be very hard to govern on the basis of the liberal internationalism that has served big capital so well since WWII. The crisis of the neoliberal version of this hegemony that started under George W. Bush with Iraq and the Global Financial Crisis is going to intensify.” —Alex Callinicos, 04 November 2020

Migration

 "We wanted to contribute another dimension to these important conversations by encouraging readers to think about asylum specifically in the context of neoliberal capitalism". In addition, it aims to zoom out onto the bigger picture of migration, including long histories of colonial extraction, Western support for oppressive regimes, neoliberal structural adjustment policies, wars for geopolitical and economic gain and the impacts of climate change. "These factors are all tied to profit-making - with flows of money streaming primarily into the West". Asylum for Sale: The intersection of capitalism and migration