Nèdeem Elmahjoub's blog

“1-Syria's new government has told business leaders it will adopt a free-market model and integrate the country into the global economy in a major shift from decades of corrupt state control, declared Bassel Hamwi, head of the Damascus Chambers of Commerce 2- Bassel Hamwi was just ‘elected’ to this position in November 2024 few weeks before the fall of the Assad’s dynasty . He is also the chairman of the Federation of Syrian Chambers of Commerce. Remnants of the old regime still in top positions… 3- HTS has no alternative to the neoliberal economic system, most probably with business networks gathering new and former business personalities, also to be connected to the new ruling leaders similar to forms of crony capitalism we had in the past in Syria 4- This neoliberal system accompanied with authoritarianism will lead to continued socioeconomic inequalities and impoverishment, which were one of the main causes at the roots of the initial uprising. HTS is a threat to the future o...

Catching and Falling Behind in the Global Economy (open access)

My introduction: To understand the crisis of the National Health Service, the bad handling of the pandemic*, stagnant economy, weak productivity, a state struggling to invest adequately in the green economy, inability to build enough and affordable houses, expensive rent, decades of poor investment in infrastructure by OECD measures, consumption, and consumerism, driven by debt, Labour/Conservatives capitalist values, one has to look at the economic model of the British economy. In reviewing Brett Christophers’s work, Cédric Durant has provided a good overview of such an economic model of accumulation and its ramifications as well as some criticism of Christophers’s take on capitalism in general and what might replace it. ——— *I doubt it that the recently publish report will ever mention the economic model pursued by Britain for more than four decades and how it played a major role in the infrastructure of health and the well-being of the Brits. ***** Few today will need convincing th...

A coup at 50

An interview with Cihan Tugal 

Lessons from the struggles in Sudan, Syria, and Palestine

I think capitalism in Russia would be more accurate than Russian capitalism. “The narrative emphasising how the hybrid nature of the Russian state – neoliberal regulatory and statist interventionist – led it down the path to war in Ukraine, offers a fragmented (and misleading) explanation of reality. The problem is that the ideological and political features of the state are interpreted as exercised for purposes outside of capitalist accumulation – be it nationalism, patriarchy, racism, homophobia – conceived as separate systems of oppression from class.” On expropriation and social reproduction Related On the war and on internationalism The Development of Capitalism in Russia 

A revolutionary movement without a revolutionary change

Deception, disinformation and social media

A long but must read piece by Göran Therborn

I disagree with Dabashi in calling neofascist and far-right parties’s triumph across Europe fascist parties. Why Americans consistently misread social uprisings

What remains constant is Fukuyama’s reliance on transhistorical psychological models of immutable human nature, rather than an analysis of material and economic relations, to explain the current fragility of liberal democracy. While Fukuyama does not abandon a commitment to the capitalist market, he avers that, under neoliberalism, the “valid insight into the superior efficiency of markets evolved into something of a religion, in which state intervention was opposed as a matter of principle.” The review has a misleading title. Fukuyama, according to the review itself, does not argue that or has reached the conclusion that “socialism is the only alternative to liberalism.”

“Speaking to CNN yesterday, John Bolton — a national security adviser under Donald Trump, who also served under George W. Bush, George H.W. Bush and Ronald Reagan — volunteered that he’d helped plan coups in other countries. He was drawing a distinction between what Trump had done on January 6, 2021, encouraging rioters to march on the Capitol, and his own portfolio. ‘As somebody who has helped plan coups d’état, not here, but you know, other places,’ he said, ‘it takes a lot of work and that’s not what [Trump] did. It was just stumbling around from one idea to another.’  The US  has a  long history  of  removing elected  politicians of which  it does  not  approve .” Latin American coups upgraded

Money, rights, violence

How the experience of Syrian exiles can inform resistance to the invasion

From Marketisation to Armed Conflict

The pink left has also gained ‘power’ in Chile. Unlike Honduras , the country is the richest in Latin America. Will Boric’s government fare better than the previous leftist governments in the region? I doubt it . “It  is worth remembering the  experiences of Syriza in Greece and Podemos in the Spanish State . Both these parties, with some of the same ideological foundations as the Broad Front in Chile, promised an end to neoliberalism via elections. But once they arrived in government, they implemented many of the  neoliberal policies demanded by the institutions of the ruling class. 

Some of the arguments in this review are very interesting. Here is one of them. “If you had told someone at the start of 1975 that the architects of the new age were going to be the  MP  for Finchley [Margaret Thatcher] , the bishop of Krakow [ Pope John Paul  II] , the exiled ayatollah [ Khomeini]  and the ostracised apparatchik [ Deng Xiaoping , you would have been laughed at. Apart from anything, they looked so powerless. So we shouldn’t be surprised if we can’t yet spot who is going to make the difference this time round. What we’re waiting for is the counter-counter-revolution, led by progressives who have learned the lessons from the age of neoliberalism and are unafraid to make use of its instruments in order to overthrow them. Plenty have started trying. Someone will get there in the end and maybe by the end of the decade we will discover who. But it is unlikely to be anyone near a position of power right now.”

A discussion of neoliberalism and the future of the global economy

This is not a radical anti-capitalist analysis, but it’s an interesting read. Why neoliberalism needs neofascists