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Ed Webb

Monthly Review | China: Imperialism or Semi-Periphery? - 0 views

  • although China has developed an exploitative relationship with South Asia, Africa, and other raw material exporters, on the whole, China continues to transfer a greater amount of surplus value to the core countries in the capitalist world system than it receives from the periphery. China is thus best described as a semi-peripheral country in the capitalist world system.
  • if China does manage to become a core country, the extraction of labor and energy resources required will impose an unbearable burden on the rest of the world. It is doubtful that such a development can be made compatible with either the stability of the existing world system or the stability of the global ecological system.
  • In 2016–17, China consumed 59 percent of the world total supply of cement, 47 percent of aluminum, 56 percent of nickel, 50 percent of coal, 50 percent of copper, 50 percent of steel, 27 percent of gold, 14 percent of oil, 31 percent of rice, 47 percent of pork, 23 percent of corn, and 33 percent of cotton.1
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  • In chapter 7 of Imperialism, the Highest Stage of Capitalism, Lenin defined the five “basic features” of imperialism: (1) the concentration of production and capital developed to such a high stage that it created monopolies which play a decisive role in economic life; (2) the merging of banking capital with industrial capital, and the creation, on the basis of this “finance capital,” of a financial oligarchy; (3) the export of capital as distinguished from the export of commodities acquires exceptional importance; (4) the formation of international monopolist capitalist associations which share the world among themselves, and (5) the territorial division of the whole world among the biggest capitalist powers is completed.8
  • Marxist theories of imperialism (or concepts of imperialism inspired by the Marxist tradition) that evolved after the mid–twentieth century typically defined imperialism as a relationship of economic exploitation leading to unequal distribution of wealth and power on a global scale.9
  • In chapter 8 of Imperialism, Lenin further argued that export of capital was “one of the most essential bases of imperialism” because it allowed the imperialist countries to “live by exploiting the labour of several overseas countries and colonies.” The superprofits exploited from the colonies in turn could be used to buy off the “upper stratum” of the working class who would become the social base of opportunism in the working-class movement: “Imperialism means the partition of the world, and the exploitation of other countries besides China, which means high monopoly profits for a handful of very rich countries, creating the economic possibility of corrupting the upper strata of the proletariat.”14
  • imperialism must be a system where a small minority of the world population exploits the great majority. It cannot possibly be a system in which the majority exploits the minority.
  • From 2004 to 2018, China’s total foreign assets increased from $929 billion to $7.32 trillion. During the same period, China’s total foreign liabilities (that is, total foreign investment in China) increased from $693 billion to $5.19 trillion.16 This means China had a net investment position of $2.13 trillion at the end of 2018. That is, China has not only accumulated trillions of dollars of overseas assets but also become a large net creditor in the global capital market. This seems to support the argument that China is now exporting massive amounts of capital and therefore qualifies as an imperialist country.
  • Rather than “exploiting” the developed capitalist countries, such capital flight in fact transfers resources from China to the core of the capitalist world system.
  • while foreign investment in China is dominated by direct investment, an investment form consistent with the foreign capitalist attempt to exploit China’s cheap labor and natural resources, reserve assets account for the largest component of China’s overseas assets.
  • the United States and other developed capitalist countries simply do not have the production capacity to produce within a reasonable period of time the extra goods and services that may correspond to the more than three trillion dollars of foreign exchange reserves held by China
  • From the U.S. point of view, China’s accumulation of foreign exchange reserves (mostly in dollar-denominated assets) has essentially allowed it to “purchase” trillions of dollars’ worth of Chinese goods largely by printing money without providing any material goods in return. China’s reserve assets, rather than being a part of China’s imperialist wealth, essentially constitute China’s informal tribute to U.S. imperialism by paying for the latter’s “seigniorage privilege.”
  • An average rate of return of about 3 percent on China’s overseas investment obviously does not constitute “superprofits.” Moreover, foreign capitalists in China are able to make about twice as much profit as Chinese capital can make in the rest of the world on a given amount of investment.
  • China’s total stock of direct investment abroad in 2017 was $1.81 trillion, including $1.14 trillion invested in Asia (63 percent), $43 billion invested in Africa (2.4 percent), $111 billion invested in Europe (6.1 percent), $387 billion invested in Latin America and the Caribbean (21 percent), $87 billion invested in North America (4.8 percent), and $42 billion invested in Australia and New Zealand (2.3 percent).
  • China’s massive investments in Hong Kong, Macao, Singapore, Cayman Islands, and British Virgin Islands (altogether $1.41 trillion or 78 percent of China’s direct investment abroad) are obviously not intended to exploit abundant natural resources or labor in these cities or islands.
  • Much of the Chinese investment in these places may simply have to do with money laundering and capital flight
  • the structure of China’s overseas assets is very different from the structure of foreign assets in China. Out of China’s total overseas assets in 2018, 43 percent consists of reserve assets, 26 percent is direct investment abroad, 7 percent is portfolio investment abroad, and 24 percent is other investment (currency and deposits, loans, trade credits, and so on). By comparison, out of total foreign investment in China in 2018, 53 percent is foreign direct investment, 21 percent is foreign portfolio investment, and 26 percent is other investment.
  • about $158 billion (8.7 percent of China’s total stock of direct investment abroad or 2.2 percent of China’s total overseas assets) invested in Africa, Latin America, and the rest of Asia. This part of Chinese investment no doubt exploits the peoples in Asia, Africa, and Latin America of their labor and natural resources. But it is a small fraction of China’s total overseas investment and an almost negligible part of the enormous total wealth that Chinese capitalists have accumulated
  • Marxist theorists of imperialism already realized that, in the postcolonial era, imperial exploitation of underdeveloped countries mainly took the form of unequal exchange. That is, underdeveloped countries (peripheral capitalist countries) typically export commodities that embody comparatively more labor than the labor embodied in commodities exported by developed capitalist countries (imperialist countries). In the twenty-first century, global outsourcing by transnational corporations based on the massive wage differentials between workers in imperialist and peripheral countries may be seen as a special form of unequal exchange.22
  • if a country receives substantially more surplus value from the rest of the world than it transfers, then the country clearly qualifies as an imperialist country in the sense of being an exploiter country in the capitalist world system. On the other hand, if a country transfers substantially more surplus value to the imperialist countries than it receives from the transfer of the rest of the world, the country would be either a peripheral or a semi-peripheral member of the capitalist world system (depending on further study of the country’s position relative to other peripheral and semi-peripheral countries).
  • even if in the unlikely event that China turns out to be extremely successful in its effort to promote electric cars, it would at best replace no more than one-tenth of China’s current oil consumption.
  • Being a leading imperialist country, the United States benefits from its “seigniorage privilege.” Because of the other countries’ need to hold massive amounts of foreign exchange reserves in the form of dollar-denominated assets, the United States can “purchase” trillions of dollars of goods simply by printing money without providing material goods in return. The labor embodied in the U.S. “trade deficits” therefore should be treated essentially as unilateral transfers from the rest of the world and included in the unequal exchange.
  • Sources: “World Development Indicators,” World Bank, accessed May 31, 2021. Net labor transfer is defined as the difference between the total labor embodied in a country’s imported goods and services and the total labor embodied in the country’s exported goods and services. If the difference is positive, it constitutes a net labor gain; if negative, it constitutes a net labor loss.
  • in the neoliberal era, Chinese capitalism has functioned as a crucial pillar for the global capitalist economy by transferring surplus value produced by tens of millions of workers to the imperialist countries. At its peak, China’s net labor loss equaled 48 percent of China’s industrial labor force in 2007
  • Had there not been unequal exchange, the massive amounts of material goods currently supplied to the United States by the rest of the world would have to be produced through domestic production to maintain existing levels of U.S. material consumption. About sixty million workers (38 percent of the total U.S. labor force) would have to be withdrawn from service sectors and transferred to material production sectors. This would result in a massive reduction of services output (by about two-fifths of U.S. GDP) without raising levels of material consumption.
  • By 2015–17, while it would still take about five units of Chinese labor to exchange for one unit of U.S. labor and four units of Chinese labor to exchange for one unit of labor from other high-income countries, China had clearly established exploitative positions in South Asia and sub-Saharan Africa. One unit of Chinese labor can now be exchanged for about two units of labor from sub-Saharan Africa or four units of labor from South Asia. One unit of Chinese labor is roughly on a par with one unit of labor from the low- and middle-income countries of Latin America, Caribbean, Middle East, North Africa, Eastern Europe, and Central Asia. In addition, China has also established a significant advantage relative to other East Asian low- and middle-income countries.
  • The core countries specialize in quasi-monopolistic, high-profit production processes, and the peripheral countries specialize in highly competitive, low-profit production processes. Surplus value is transferred from the peripheral producers to the core producers, resulting in unequal exchange and concentration of world wealth in the core. By comparison, semi-peripheral countries have “a relatively even mix” of core-like and periphery-like production processes.23
  • From 1870 to 1970, the share of the world population that lived in countries with per capita GDP greater than 75 percent of the imperial standard varied between 10 percent (in 1950) and 17 percent (in 1913). This is a range consistent with the population share of “a handful of exceptionally rich and powerful states” suggested by Lenin.
  • reasonable to use 75 percent of the imperial standard as the approximate threshold between the core of the capitalist world system and the semi-periphery. It is important to note that this is only an approximate threshold and other important characteristics (such as state strength, degree of political and economic independence, technological sophistication, and so on) also need to be considered when deciding whether a country is a member of the core or simply has a core-like income level. For example, in 1970, among the wealthiest countries were rich oil exporters such as Qatar, Kuwait, United Arab Emirates, and Venezuela that clearly do not qualify as core countries.
  • From 1870 to 1970, the share of the world population that lived in countries with per capita GDP less than 25 percent of the imperial standard increased from 57 percent to 66 percent, suggesting widening global inequalities. I use 25 percent of the imperial standard as the approximate threshold between the periphery and the semi-periphery.
  • by 2017, as China’s per capita GDP advanced to 31 percent of the imperial standard, the structure of world income distribution was radically transformed. The share of the population that lived in countries with per capita GDP less than 25 percent of the imperial standard fell to 50 percent (the lowest since 1870). The share of the population that lived in countries with per capita GDP higher than 75 percent of the imperial standard narrowed to 12 percent. At the same time, the share of the population that lived in countries with per capita GDP between 25 and 75 percent of the imperial standard expanded to 38 percent (almost double the historical semi-peripheral share of the world population).
  • Neither capitalism nor imperialism is compatible with an arrangement where the majority of the world population exploits the minority, or even with a situation where a large minority exploits the rest of the world. Given the size of the Chinese population (almost one-fifth of the world population), if China were to advance into the core, the total core population would have to rise to about one-third of the world population. Can the rest of the world afford to provide sufficient surplus value (in the form of labor embodied in commodities) as well as energy resources to support such a top-heavy capitalist world system?
  • South Asia has recently overtaken China to become the largest source of net labor transfer in the global capitalist economy. In 2017, South Asia suffered a net labor loss of 65 million worker-years. All the low- and middle-income countries combined provided a total net labor transfer of 184 million worker-years in 2017
  • Assuming that China’s average labor terms of trade rises from the current level of about 0.5 (one unit of Chinese labor exchanges for about half of a unit of foreign labor) to about 2 (one unit of Chinese labor exchanges for about two units of foreign labor, similar to the current average labor terms of trade of the non-U.S. high-income countries), then the total labor embodied in China’s imported goods and services would have to rise to about 180 million worker-years. Rather than providing a net labor transfer of nearly 50 million worker-years, China will have to extract 90 million worker-years from the rest of the world. The total shift of 140 million worker-years represents about three-quarters of the total surplus value currently received by the core and the upper-level semi-periphery from the rest of the world and is roughly comparable to the total net labor transfer currently provided by all the low- and middle-income countries (excluding China).
  • to replace China’s current annual car production by electric vehicles would require the consumption of 120,000 metric tons of lithium annually. World total lithium production in 2018 was only 62,000 metric tons. Therefore, even if China uses up the entire world’s lithium production, it would only be sufficient to replace about one-half of China’s conventional car production.27
  • China was a typical peripheral country in the 1990s. In the early 1990s, China’s labor terms of trade was about 0.05. That is, one unit of foreign labor could be exchanged for about twenty units of Chinese labor. Since then, China’s labor terms of trade has improved dramatically. By 2016–17, China’s labor terms of trade rose to about 0.5. That is, two units of Chinese labor could be exchanged for about one unit of foreign labor. On balance, China remains an economy exploited by the imperialist countries in the capitalist world system, although the degree of exploitation has declined rapidly in recent years.
  • The world population in 2018 was 7.59 billion. Using the more generous 1.4 trillion metric tons as the global emissions budget for the rest of the twenty-first century, an average person in the future is entitled to an average annual emissions budget of about 2.3 metric tons per person per year (1.4 trillion metric tons / 80 years / 7.6 billion people). By comparison, China’s per capita carbon dioxide emissions in 2018 were 6.77 metric tons and the U.S. per capita carbon dioxide emissions were 15.73 metric tons.
  • From 1990 to 2013, China’s per capita carbon dioxide emissions surged from 2.05 metric tons to 6.81 metric tons. If this trend were to continue, China’s per capita carbon dioxide emissions would rise to 12.85 metric tons when China’s per capita GDP rises to $37,734 (75 percent of the imperial standard). If every person in the world were to generate this level of emissions every year between now and the end of the century, global cumulative emissions over the last eight decades of this century would amount to 7.8 trillion metric tons, leading to 5.5 degrees Celsius of additional warming (using the approximate calculation that every one trillion tons of carbon dioxide emissions would bring about 0.7 degrees Celsius of additional warming).
  • China’s current per capita carbon dioxide emissions are substantially above what would be predicted by the cross-country regression given China’s current income level. Using the cross-country regression, if China’s per capita GDP were to rise to $37,734, China’s per capita carbon dioxide emissions should be 8.67 metric tons. If every person in the world were to generate emissions of 8.67 tons every year between now and the end of the century, global cumulative emissions over the last eight decades of this century would amount to 5.3 trillion metric tons, leading to 3.7 degrees Celsius of additional warming. As the global average temperature is already about one degree Celsius higher than the preindustrial level, global warming by the end of the century would be 4.7 degrees Celsius. This will lead to inevitable runaway global warming and reduce the areas suitable for human inhabitation to a small fraction of the earth’s land surface.
  • In other words, climate stabilization and global ecological sustainability can be accomplished if every country either accepts a massive reduction of per capita income to peripheral levels or stays with the peripheral levels.
  • The currently available evidence does not support the argument that China has become an imperialist country in the sense that China belongs to the privileged small minority that exploits the great majority of the world population. On the whole, China continues to have an exploited position in the global capitalist division of labor and transfers more surplus value to the core (historical imperialist countries) than it receives from the periphery. However, China’s per capita GDP has risen to levels substantially above the peripheral income levels and, in term of international labor transfer flows, China has established exploitative relations with nearly half of the world population (including Africa, South Asia, and parts of East Asia). Therefore, China is best considered a semi-peripheral country in the capitalist world system.
  • Given its enormous population, there is no way for China to become a core country without dramatically expanding the population share of the wealthy top layer of the world system. The implied labor extraction (or transfer of surplus value) demanded from the rest of the world would be so large that it is unlikely to be met by the remaining periphery reduced in population size. Moreover, the required energy resources (especially oil) associated with China’s expected core status cannot be realistically satisfied from either future growth of world oil production or conceivable technical change. In the unlikely event that China does advance into the core, the associated greenhouse gas emissions will contribute to rapid exhaustion of the world’s remaining emissions budget, making global warming by less than two degrees Celsius all but impossible.
Ed Webb

The Sacrificial Rites of Capitalism We Don't Talk About | naked capitalism - 0 views

  • Supritha Rajan, an English professor at the University of Rochester, sees the dominant story of capitalism working in this way. Part of a wave of humanities scholars taking a closer look at the meaning and history of capitalism, her book, A Tale of Two Capitalisms, reveals how the fields of anthropology and economics, along with the literary form of the novel, which developed together in the late 18th and 19thcenturies, cross-pollinated each other and worked in tandem to investigate and offer new theories about human nature and culture. Together, they helped create a new story for the citizens of an emerging world.
  • Anthropologists held that the relegation of the “irrational” to the margins was what distinguished advanced societies from the backward places where such activities remained central to life.
  • Rajan started with a hunch that magical rites, sacrificial rituals, and sacred values were not just relics of a pre-modern past, but actually woven right into the story of capitalism from the beginning. They exist everywhere under our noses, popping up in everyday economic activities and permeating even the high-tech exchanges of the global marketplace. What we are taught to think of as irrational and rational are actually mobile, flexible categories that continuously overlap
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  • The great Victorian novelists, who were very much engaged with these developments, sensed that something was not quite right in the story. They noticed that capitalism was producing not just abundance and stability, but inequality, alienation and misery. Yet in criticizing the new system, they tended to accept and even buttress the separation of categories of experience insisted upon by social scientists. Thomas Carlyle’s famous condemnation of the “cash-payment” as “the sole nexus” of capitalism, for example, posited an economic realm as one in which ethical and religious values hold no sway.
  • in order for capitalism to work harmoniously in London, something of the religious sphere had to be added to the sauce. Dickens casts a woman, Lucie, as the person who takes the stink away from all the selfish business conducted by the men — a Victorian “angel in the house,” an emblem of all the non-utilitarian values that homo economicus supposedly had no use for. Lucie, like many other female characters in Victorian novels, is supremely compassionate and sacrifices for the greater good: she is homo communis
  • Dickens makes this female homo communis the servant of homo economicus, keeping his house and guiding his better nature. Like Mary’s role in the Catholic Church, she makes the official story of capitalism more palatable and helps conceal its failures
  • ideas of sacrifice and sacred values also come to play in theories of labor. Adam Smith described labor as “the most sacred and inviolable” form of property a person owned, positing it as a sacred source of the nation’s wealth, the pious foundation of the economic system itself: “We sacrifice ourselves in our labor in order to have the gift of ourselves in return,” he wrote in The Wealth of Nations. Labor is sacrificed, sacralized, and regenerated. British political economist David Ricardo, Mill, and Jevons followed him in describing a circular, gift-sacrifice economy embedded within the labor theory of value.
  • Late 19th century economist Alfred Marshall went so far as to invoke the concept of medieval chivalry to explain how modern economic systems should function. In “The Social Possibilities of Economic Chivalry,” he criticized contemporary accounts of the free market and described a middle path between government non-interference and a systemic welfare state, calling on a “spirit of chivalry” which could drive people to combine self-interest with self-sacrifice. This model would function to uphold the paternalistic administration required for the British Empire.
  • Market and non-market values always operate right alongside one another.
  • Clearly, the official story and what happens on the ground don’t match: Lots of people work hard but get little benefit, while plenty who do not work at all get rich.
  • if you can show the ethical ideas and the sacred, communal values baked into capitalism’s own paradigms and premises, you can begin to hold it accountable for those ideals in the globalized world economy
  • The slogan “We are the 99%” was a respite from the oppressive “I” — the painful anomie of individualism that the official story insists upon.
  • the financial crisis of 2007-8 was not just a failure of markets, but a failure of morality — for what else can you honestly call it when predatory banks escape justice as ordinary people suffer? We can question who is doing the sacrificing, and for whose good the system is working.
  • In Silicon Valley, executives instill eastern values like mindfulness and meditation into workplaces in a way that covers up the exploitation of employees and consumers that many companies are built around. A firm may spy on people to turn a profit, but the espousal of sacred values (recall Google’s former “Don’t be evil” motto) helps hide the exploitative mission.
Ed Webb

Imperialist appropriation in the world economy: Drain from the global South through une... - 0 views

  • Unequal exchange theory posits that economic growth in the “advanced economies” of the global North relies on a large net appropriation of resources and labour from the global South, extracted through price differentials in international trade.
  • Our results show that in 2015 the North net appropriated from the South 12 billion tons of embodied raw material equivalents, 822 million hectares of embodied land, 21 exajoules of embodied energy, and 188 million person-years of embodied labour, worth $10.8 trillion in Northern prices – enough to end extreme poverty 70 times over.
  • Our analysis confirms that unequal exchange is a significant driver of global inequality, uneven development, and ecological breakdown.
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  • Historians have demonstrated that the rise of Western Europe depended in large part on natural resources and labour forcibly appropriated from the global South during the colonial period, on a vast scale. Spain extracted gold and silver from the Andes, Portugal extracted sugar from Brazil, France extracted fossil fuels, minerals and agricultural products from West Africa, Belgium extracted rubber from the Congo; and Britain extracted cotton, opium, grain, timber, tea and countless other commodities from its colonies around the world – all of which entailed the exploitation of Southern labour on coercive terms, including through mass enslavement and indenture. This pattern of appropriation was central to Europe’s industrial growth, and to financing the expansion and industrialization of European settler colonies, including Canada, Australia, New Zealand and the United States, which went on to develop similarly imperialist orientations toward the South
  • Today, we are told, the world economy functions as a meritocracy: countries that have strong institutions, good markets, and a steadfast work ethic become rich and successful, while countries that lack these things, or which are hobbled by corruption and bad governance, remain poor. This assumption underpins dominant perspectives in the field of international development (Sachs, 2005, Collier, 2007, Rostow, 1990, Moyo, 2010, Calderisi, 2007, Acemoglu and Robinson, 2012), and is reinforced by the rhetoric, common among neoclassical economists, that free-trade globalization has created an “even playing field”.
  • Emmanuel and Amin argued that unequal exchange enables a “hidden transfer of value” from the global South to the global North, or from periphery to core, which takes place subtly and almost invisibly, without the overt coercion of the colonial apparatus and therefore without provoking moral outrage. Prices are naturalized on the grounds that they represent “utility”, or “value”, or the outcome of “market mechanisms” such as supply and demand, obscuring the extent to which they are determined by power imbalances in the global political economy. Price differentials in international trade therefore function as an effective method of maintaining the patterns of appropriation that once overtly defined the colonial economy, allowing blame for “underdevelopment” to be shifted onto the victims.
  • Historians have demonstrated that the rise of Western Europe depended in large part on natural resources and labour forcibly appropriated from the global South during the colonial period, on a vast scale. Spain extracted gold and silver from the Andes, Portugal extracted sugar from Brazil, France extracted fossil fuels, minerals and agricultural products from West Africa, Belgium extracted rubber from the Congo; and Britain extracted cotton, opium, grain, timber, tea and countless other commodities from its colonies around the world – all of which entailed the exploitation of Southern labour on coercive terms, including through mass enslavement and indenture. This pattern of appropriation was central to Europe’s industrial growth, and to financing the expansion and industrialization of European settler colonies, including Canada, Australia, New Zealand and the United States, which went on to develop similarly imperialist orientations toward the South (e.g., Naoroji, 1902, Pomeranz, 2000, Beckert, 2015, Moore, 2015, Bhambra, 2017, Patnaik, 2018, Davis, 2002).
  • for every unit of embodied resources and labour that the South imports from the North they have to export many more units to pay for it, enabling the North to achieve a net appropriation through trade. This dynamic was theorized by Emmanuel (1972) and Amin (1978) as a process of “unequal exchange”.Emmanuel and Amin argued that unequal exchange enables a “hidden transfer of value” from the global South to the global North, or from periphery to core, which takes place subtly and almost invisibly, without the overt coercion of the colonial apparatus and therefore without provoking moral outrage. Prices are naturalized on the grounds that they represent “utility”, or “value”, or the outcome of “market mechanisms” such as supply and demand, obscuring the extent to which they are determined by power imbalances in the global political economy. Price differentials in international trade therefore function as an effective method of maintaining the patterns of appropriation that once overtly defined the colonial economy, allowing blame for “underdevelopment” to be shifted onto the victims.
  • Following Dorninger et al. (2021), we use a “footprint” analysis of input–output data to quantify the physical scale of raw materials, land, energy and labour embodied in trade between the North and South, looking not only at traded goods themselves but also the upstream resources and labour that go into producing and transporting those goods, including the machines, factories, infrastructure, etc.
  • Grounding our analysis in the physical dimensions of unequal exchange is important for several reasons. First, these resources – raw materials, land, labour and energy – embody the productive potential that is required for meeting human needs (use-value) and for generating economic growth (exchange-value). Physical drain is therefore ultimately what drives global inequalities in terms of access to provisions, as well as in terms of GDP or income (see Hornborg, 2020). Second, this approach allows us to maintain sight of the ecological impacts of unequal exchange. We know that excess energy and material consumption in high-income nations, facilitated by appropriation from the rest of the world, is causing ecological breakdown on a global scale. Tracing flows of resources embodied in trade allows us to determine the extent to which Northern appropriation is responsible for ecological impacts in the South; i.e., ecological debt (Roberts and Parks, 2009, Warlenius et al., 2015, Hornborg and Martinez-Alier, 2016).
  • Due to the growing fragmentation of international commodity chains, monetary databases on bilateral gross trade flows have been criticised for not accurately depicting the monetary interdependencies between national economies (Johnson and Noguera, 2012), i.e., the amount of a countries’ value added that is induced by foreign final demand and international trade relations. Trade in Value Added (TiVA) indicators Johnson and Noguera, 2012, Timmer et al., 2014 are designed to take into account the complexity of the global economy. The TiVA concept is motivated by the fact that, in monetary terms, trade in intermediates accounts for approximately two-thirds of international trade. Imports (of intermediates) are used to produce exports and hence bilateral gross exports may include inputs (i.e., value added) from third party countries (Stehrer, 2012). TiVA reveals where (e.g., in which country or industry) and how (e.g. by capital or labour) value is added or captured in global commodity chains (Timmer et al., 2014).
  • TiVA, which is sometimes referred to as the “value footprint”, is the monetary counterpart of the MRIO-based environmental footprint because both indicators follow the same system boundaries, i.e., all supply chains between production and final consumption of two countries including all direct and indirect interlinkages. Moreover, in contrast to global bilateral monetary trade flows, TiVA is globally balanced, meaning that national exports and imports globally sum up to zero. This is an important feature of the TiVA indicator that facilitates more consistent and unambiguous assessments.
  • for every unit of embodied raw material equivalent that the South imports from the North, they have to export on average five units to “pay” for it
  • For land the average ratio is also 5:1, for energy it is 3:1, and for labour it is 13:1
  • Table 1. Resource drain from the South.ResourceNorth → South flows 2015South → North flows 2015Drain from South in 2015Cumulative drain from South 1990–2015Raw material equivalents [Gt]3.3715.3912.02254.40Embodied land [mn ha]527.421,349.01821.5932,987.23Embodied energy [EJ]21.5543.5121.06650.34Embodied labour [mn py-eq]31.11219.22188.125,956.62
  • in the year 2015 the North’s net appropriation from the South totalled 12 billion tons of raw materials, 822 million hectares of land, 21 exajoules of energy (equivalent to 3.4 billion barrels of oil), and 188 million person-years equivalents of labour (equivalent to 392 billion hours of work). By net appropriation we mean that these resources are not compensated in equivalent terms through trade; they are effectively transferred gratis. And this appropriation is not insignificant in scale; on the contrary, it comprises a large share (on average about a quarter) of the North’s total consumption.
  • significant consequences for the global South, in terms of lost use-value. This quantity of Southern raw materials, land, energy and labour could be used to provision for human needs and develop sovereign industrial capacity in the South, but instead it is mobilized around servicing consumption in the global North.
  • Eight hundred and twenty-two million hectares of land, which is twice the size of India, would in theory be enough to provide nutritious food for up to 6 billion people, depending on land productivity and diet composition
  • material use is tightly linked to environmental pressures. It accounts for more than 90% of variation in environmental damage indicators (Steinmann et al., 2017), and more than 90% of biodiversity loss and water stress (International Resource Panel, 2019). Moreover, as Van der Voet et al. (2004) demonstrate, while impacts vary by material, and vary as technologies change, there is a coupling between aggregate mass flows and ecological impact. Net flows of material resources from South to North mean that much of the impact of material consumption in the North (43% of it, net of trade) is suffered in the South. The damage is offshored.
  • Industrial ecologists hold that global extraction and use of materials should not exceed 50 billion tons per year (Bringezu, 2015). In 2015, the global economy was using 87 billion tons per year, overshooting the boundary by 74% and driving ecological breakdown. This overshoot is due almost entirely to excess resource consumption in global North countries. The North consumed 26.71 tons of materials per capita in 2015, which is roughly four times over the sustainable threshold (6.80 tons per capita in 2015). Our results indicate that most of the North’s excess consumption (58% of it) is sustained by net appropriation from the global South; without this appropriation, material use in high-income nations would be much closer to the sustainable level.
  • In consumption-based terms, the North is responsible for 92% of carbon dioxide emissions in excess of the planetary boundary (350 ppm atmospheric concentration of CO2) (Hickel, 2020), while the consequences harm the South disproportionately, inflicting dramatic social and economic costs (Kikstra et al., 2021b, Srinivasan et al., 2008). The South suffers 82–92% of the costs of climate change, and 98–99% of the deaths associated with climate change (DARA, 2012)
  • Net appropriation of land means soil depletion, water depletion, and chemical runoff are offshored; net appropriation of energy means that the health impacts of particulate pollution are offshored; net appropriation of labour means that the negative social impacts of exploitation are offshored, etc (Wiedmann and Lenzen, 2018). In the case of non-renewable resources there is also a problem of depletion: resources appropriated from the South are no longer available for future generations to use (Costanza and Daly, 1992, World Bank, 2018), which is particularly problematic given that under conditions of net appropriation economic losses are not offset by investments in capital stock (cf. Hartwick, 1977). Finally, the extractivism that underpins resource appropriation generates social dislocations and conflicts at resource frontiers (Martinez-Alier, 2021).
  • the value of resources and labour cannot be quantified in dollars, and there is no such thing as a “correct” price.
  • Prices under capitalism do not reflect value or utility in any objective way. Rather, they reflect, among other things, the (im)balance of power between market agents (capital and labour, core and periphery, lead firms and their suppliers, etc); in other words, they are a political artefact
  • While prices by definition do not reflect value, they do allow us to compare the scale of drain to prevailing monetary representations of production and income in the world economy.
  • Fig. 2 shows that drain from the South in 2015 amounted to $14.1 trillion when measured in terms of raw material equivalents, $5.1 trillion when measured in terms of land, $3.6 trillion when measured in terms of energy and $20.3 trillion when measured in terms of labour.
  • Over the period 1990–2015, the drain sums to $242 trillion (constant 2010 USD). This represents a significant “windfall” for the North, similar to the windfall that was derived from colonial forms of appropriation; i.e., goods that did not have to be produced on the domestic landmass or with domestic labour, and did not have to be bought on the domestic market, or paid for with exports (see Pomeranz, 2000, Patnaik, 2018). While previous studies have shown that the price distortion factor increased dramatically during the structural adjustment period in the 1980’s (Hickel et al., 2021), our data confirms that since the early- to mid-1990’s it has tended to decline slightly. This means that the increase in drain during the period 1990–2007, prior to the global financial crisis, was driven primarily by an increase in the volume of international trade rather than by an increase in price distortion.
  • Table 3 shows that, over the 1990–2015 period, resources appropriated from the South have been worth on average roughly a quarter of Northern GDP.
  • the North’s reliance on appropriation from the South has generally increased over the period (despite a significant drop after the global financial crisis), whereas the South’s losses as a share of total economic activity have generally decreased, particularly since 2003, due to an increase in South-South trading and higher domestic GDP creation or capture within the South, both driven largely by China
  • Aid flows create the powerful impression that rich countries give benevolently to poorer countries. But the data on drain through unequal exchange raises significant questions about this narrative.
  • net appropriation by DAC countries through unequal exchange from 1990 to 2015 outstripped their aid disbursements over the same period by a factor of almost 80
  • for every dollar of aid that donors give, they appropriate resources worth 80 dollars through unequal exchange. From the perspective of aid recipients, for every dollar they receive in aid they lose resources worth 30 dollars through drain
  • The dominant narrative of international development holds that poor countries are poor because of their own internal failings and are therefore in need of assistance. But the empirical evidence on unequal exchange demonstrates that poor countries are poor in large part because they are exploited within the global economy and are therefore in need of justice. These results indicate that combating the deleterious effects of unequal exchange by making the global economy fairer and more equitable would be much more effective, in terms of development, than charity.
  • In an equitable world, the resource trade deficit that the North sustains in relation to the South would be financed with a parallel monetary trade deficit. But in reality, the monetary trade deficit is very small, equivalent to only about 1% of global trade revenues, and fluctuates between North and South. In effect, this means that the North achieves its large net appropriation of resources and labour from the South gratis.
  • The question of sectoral disparities has been moot since the 1980s, however, as industrial production has shifted overwhelmingly to the South. The majority of Southern exports (70%) consist of manufactured goods (data from UNCTAD; see Smith, 2016). Of all the manufactured goods that the USA imports, 60% are produced in developing countries. For Japan it is 70%. We can see this pattern reflected also in the industrial workforce. As of 2010, at least 79% of the world’s industrial workers live in the South (data from the ILO; see Smith, 2016). This shift is due in large part to the rise of global commodity chains, which now constitute 70% of international trade. Between 1995 and 2013, there has been an increase of 157 million jobs related to global commodity chains, and an estimated 116 million of them are concentrated in the South, predominantly in the export manufacturing sector (ILO, 2015). In other words, during the period we analyse in this paper (1990–2015), the South has contributed the majority of the world’s industrial production, including high-technology production such as computers and cars. And yet price inequalities remain entrenched.
  • if Northern states or firms leverage monopoly power within global commodity chains to depress the prices of imports and increase the prices of final products, their labour “productivity” appears to improve, and that of their counterparts declines, even if the underlying production process remains unchanged. Indeed, empirical evidence indicates that real productivity differences between workers are minimal, and cannot explain wage inequalities (Hunter et al., 1990).
  • wage inequalities exist not because Southern workers are less productive but because they are more intensively exploited, and often subject to rigid systems of labour control and discipline designed to maximize extraction (Suwandi et al., 2019). Indeed, this is a major reason why Northern firms offshore production to the South in the first place: because labour is cheaper per unit of physical output (Goldman, 2012).
  • the terminology of “value-added” is a misnomer. In international trade, TiVA does not tell us who adds more value but rather who has more power to command prices. And in the case of global commodity chains, TiVA does not indicate where value is produced but rather where it is captured (Smith, 2016).
  • our analysis reveals that value in global commodity chains is disproportionately produced by the South, but disproportionately captured by the North (as GDP). Value captured in this manner is misleadingly attributed to Northern economic activities
  • rich countries are able to maintain price inequalities simply by virtue of being rich. This finding supports longstanding claims by political economists that, all else being equal, price inequalities are an artefact of power. Just as in a national economy wage rates are an artefact of the relative bargaining power of labour vis-à-vis capital, so too in international trade prices are an artefact of the relative bargaining power of national economies and corporate actors vis-à-vis their trading partners and suppliers. Countries that grew rich during the colonial period are now able to leverage their economic dominance to depress the costs of labour and resources extracted from the South. In other words, the North “finances” net appropriation from the South not with money, but rather by maintaining the prices of Southern resources and labour below the global average level.
  • Patents play a key role here: 97% of all patents are held by corporations in high-income countries (Chang, 2008:141)
  • In some cases, patents involve forcing people in the South to pay for access to resources they might otherwise have obtained much more affordably, or even for free (Shiva, 2001, Shiva, 2016).
  • In the World Bank and the IMF, Northern states hold a majority of votes (and the US holds a veto), thus giving them control over key economic policy decisions. In the World Trade Organization (which controls tariffs, subsidies, and patents), bargaining power is determined by market size, enabling high-income nations to set trade rules in their own interests.
  • ubsidized agricultural exports from the North undermine subsistence economies in the South and contribute to dispossession and unemployment, placing downward pressure on wages. Militarized borders preclude easy migration from South to North, thus preventing wage convergence. Moreover, structural adjustment programs (SAPs) imposed by the World Bank and IMF since the 1980s have cut public sector salaries and employment, rolled back labour rights, curtailed unions, and gutted environmental regulations (Khor, 1995, Petras and Veltmeyer, 2002).
  • SAPs, bilateral free trade agreements, and the World Trade Organization have forced global South governments to remove tariffs, subsidies and other protections for infant industries. This prevents governments from attempting import substitution, which would improve their export prices and drive Northern prices down. Tax evasion and illicit financial flows out of the South (which total more than $1 trillion per year) drain resources that might otherwise be reinvested domestically, or which governments might otherwise use to build national industries. This problem is compounded by external debt service obligations, which drain government revenue and require obeisance to economic policies dictated by creditors (Hickel, 2017). In addition, structural dependence on foreign investors and access to Northern markets forces Southern governments and firms to compete with one another by cutting wages and resource prices in a race to the bottom.
  • structural power imbalances in the world economy ensure that labour and resources in the South remain cheap and accessible to international capital, while Northern exports enjoy comparatively higher prices
  • Cheap labour and raw materials in the global South are not “naturally” cheap, as if their cheapness was written in the stars. They are actively cheapened
  • the analysis obscures class and geographic inequalities within countries and regions, which are significant when it comes to labour prices as well as resource consumption. The high levels of resource consumption that characterize Northern economies are driven disproportionately by rich individuals and affluent areas, as well as by corporations that control supply chains, and enabled by internal patterns of exploitation and unequal exchange in addition to drain through trade (Harvey, 2005). For example, there are marginalized regions of the United States that serve as an “internal periphery” (Wishart, 2014). It would also be useful to explore the gender dynamics of unequal exchange within countries. These questions cannot be answered with our data, however.
  • This research confirms that the “advanced economies” of the global North rely on a large net appropriation of resources and labour from the global South, extracted through induced price differentials in international trade. By combining insights from the classical literature on unequal exchange with contemporary insights about global commodity chains and new methods for quantifying the physical scale of embodied resource transfers, we are able to develop a novel approach to estimating the scale and value of resource drain from the global South. Our results show that, when measured in Northern prices, the drain amounted to $10.8 trillion in 2015, and $242 trillion over the period from 1990 to 2015 – a significant windfall for the North, equivalent to a quarter of Northern GDP. Meanwhile, the South’s losses through unequal exchange outstrip their total aid receipts over the period by a factor of 30.
  • support contemporary demands for reparations for ecological debt, as articulated by environmental justice movements and by the G77
  • True repair requires permanently ending the unequal distribution of environmental goods and burdens between the global North and global South, restoring damaged ecosystems, and shifting to a regenerative economic system.
  • It is clear that official development assistance is not a meaningful solution to global poverty and inequality; nor is the claim that global South countries need more economic liberalisation and export-oriented market integration. The core problem is that low- and middle-income countries are integrated into the global economy on fundamentally unequal terms. Rectifying this problem is critical to ensuring that global South countries have the financial, physical and human resources they need to improve social outcomes.
  • democratize the institutions of global economic governance, such as the World Bank, IMF and WTO, so that global South countries have more control over trade and finance policy.
  • end the North’s use of unfair subsidies for agricultural exports, and remove structural adjustment conditions on international finance, which would help mitigate downward pressure on wages and resource prices in the South while at the same time enabling Southern countries to build sovereign industrial capacity
  • a global living wage system, and a global system of environmental regulations, would effectively put a floor on labour and resource prices
  • Reducing North-South price differentials would in turn reduce the scale of the North’s net resource appropriation from the South (in other words, it would reduce ecologically unequal exchange), thus reducing excess consumption in the North and the ecological impacts that it inflicts on the South.
  • Structural transformation will only be achieved through political struggle from below, including by the anti-colonial and environmental justice movements that continue to fight against imperialism today
Ed Webb

How to Think About Empire | Boston Review - 0 views

  • In your book, An Ordinary Person’s Guide to Empire (2004), you identify a few different pillars of empire: globalization and neoliberalism, militarism, and the corporate media. You write, “The project of corporate globalization has cracked the code of democracy. Free elections, a free press and an independent judiciary mean little when the free market has reduced them to commodities on sale to the highest bidder.”
  • updates now would include the ways in which big capital uses racism, caste-ism (the Hindu version of racism, more elaborate, and sanctioned by the holy books), and sexism and gender bigotry (sanctioned in almost every holy book) in intricate and extremely imaginative ways to reinforce itself, protect itself, to undermine democracy, and to splinter resistance
  • In India, caste—that most brutal system of social hierarchy—and capitalism have fused into a dangerous new alloy. It is the engine that runs modern India
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  • The freer global capital becomes, the harder national borders become. Colonialism needed to move large populations of people—slaves and indentured labor—to work in mines and on plantations. Now the new dispensation needs to keep people in place and move the money—so the new formula is free capital, caged labor. How else are you going to drive down wages and increase profit margins? Profit is the only constant.
  • The assertion of ethnicity, race, caste, nationalism, sub-nationalism, patriarchy, and all kinds of identity, by exploiters as well as the exploited, has a lot—but of course not everything—to do with laying collective claim to resources (water, land, jobs, money) that are fast disappearing
  • So many kinds of entrenched and unrecognized colonialisms still exist. Aren’t we letting them off the hook? Even “Indian English fiction” is, on the face of it, a pretty obvious category. But what does it really mean? The boundaries of the country we call India were arbitrarily drawn by the British. What is “Indian English”? Is it different from Pakistani English or Bangladeshi English? Kashmiri English? There are 780 languages in India, 22 of them formally “recognized.” Most of our Englishes are informed by our familiarity with one or more of those languages. Hindi, Telugu, and Malayalam speakers, for example, speak English differently.
  • In the Obama years, you had to ferret out information and piece it together to figure out how many bombs were being dropped and how many people were being killed, even as the acceptance speech for the Nobel Peace Prize was being eloquently delivered. However differently their domestic politics plays out on home turf, it is a truism that the Democrats’ foreign policy has tended to be as aggressive as that of the Republicans. But since 9/11, between Bush and Obama, how many countries have been virtually laid to waste?
  • I don’t think in some of the categories in which your question is posed to me. For example, I don’t understand what a “global” novel is. I think of both my novels as so very, very local. I am surprised by how easily they have traveled across cultures and languages. Both have been translated into more than forty languages—but does that make them “global” or just universal?
  • I wonder about the term postcolonial. I have often used it, too, but is colonialism really post-?
  • You once wrote that George W. Bush “achieved what writers, scholars, and activists have striven to achieve for decades. He has exposed the ducts. He has placed on full public view the working parts, the nuts and bolts of the apocalyptic apparatus of the American empire.” What did you mean by this, and ten years and two presidents later, is the American empire’s apocalyptic nature still so transparent?
  • In India today, storytelling is being policed not only by the state, but also by religious fanatics, caste groups, vigilantes, and mobs that enjoy political protection, who burn cinema halls, who force writers to withdraw their novels, who assassinate journalists. This violent form of censorship is becoming an accepted mode of political mobilization and constituency building. Literature, cinema, and art are being treated as though they are policy statements or bills waiting to be passed in Parliament that must live up to every self-appointed stakeholders’ idea of how they, their community, their history, or their country must be represented.
  • I recently saw a Malayalam film in the progressive state of Kerala called Abrahaminde Santhathikal (The Sons of Abraham). The vicious, idiot-criminal villains were all black Africans. Given that there is no community of Africans in Kerala, they had to be imported into a piece of fiction in order for this racism to be played out! We can’t pin the blame for this kind of thing on the state. This is society. This is people. Artists, filmmakers, actors, writers—South Indians who are mocked by North Indians for their dark skins in turn humiliating Africans for the very same reason. Mind-bending.
  • we are buying more weapons from Europe and the United States than almost anyone else. So, India, which has the largest population of malnutritioned children in the world, where hundreds of thousands of debt-ridden farmers and farm laborers have committed suicide, where it is safer to be a cow than it is to be a woman, is still being celebrated as one of the fastest growing economies in the world.
  • The word “empire” has often been invoked as a uniquely European and U.S. problem. Do you see India and other postcolonial nations as adapting older forms of empire in new geopolitical clothing?
  • How can we think of empire now in the Global South, especially at a time when postcolonial nations are emulating the moral calculus of their old colonial masters?
  • India transformed from colony to imperial power virtually overnight. There has not been a day since the British left India in August 1947 that the Indian army and paramilitary have not been deployed within the country’s borders against its “own people”: Mizoram, Manipur, Nagaland, Assam, Kashmir, Jammu, Hyderabad, Goa, Punjab, Bengal, and now Chhattisgarh, Orissa, Jharkhand. The dead number in the tens or perhaps hundreds of thousands. Who are these dangerous citizens who need to be held down with military might? They are indigenous people, Christians, Muslims, Sikhs, communists. The pattern that emerges is telling. What it shows quite clearly is an “upper”-caste Hindu state that views everyone else as an enemy. There are many who see Hinduism itself as a form of colonialism—the rule of Aryans over Dravidians and other indigenous peoples whose histories have been erased and whose deposed rulers have been turned into the vanquished demons and asuras of Hindu mythology. The stories of these battles continue to live on in hundreds of folktales and local village festivals in which Hinduism’s “demons” are other peoples’ deities. That is why I am uncomfortable with the word postcolonialism.
  • When you think about the grandeur of the civil rights movement in the United States, the anti–Vietnam War protests, it makes you wonder whether real protest is even possible any more. It is. It surely is. I was in Gothenburg, Sweden, recently, when the largest Nazi march since World War II took place. The Nazis were outnumbered by anti-Nazi demonstrators, including the ferocious Antifa, by more than ten to one. In Kashmir, unarmed villagers face down army bullets. In Bastar, in Central India, the armed struggle by the poorest people in the world has stopped some of the richest corporations in their tracks. It is important to salute people’s victories, even if they don’t always get reported on TV. At least the ones we know about. Making people feel helpless, powerless, and hopeless is part of the propaganda.
  • I think we all need to become seriously mutinous
  • We fool ourselves into believing that the change we want will come with fresh elections and a new president or prime minister at the helm of the same old system. Of course, it is important to bounce the old bastards out of office and bounce new ones in, but that can’t be the only bucket into which we pour our passion
  • as long as we continue to view the planet as an endless “resource,” as long as we uphold the rights of individuals and corporations to amass infinite wealth while others go hungry, as long as we continue to believe that governments do not have the responsibility to feed, clothe, house, and educate everyone—all our talk is mere posturing.
  • In certain situations, preaching nonviolence can be a kind of violence. Also, it is the kind of terminology that dovetails beautifully with the “human rights” discourse in which, from an exalted position of faux neutrality, politics, morality, and justice can be airbrushed out of the picture, all parties can be declared human rights offenders, and the status quo can be maintained.
  • How might we challenge dominant voices, such as Niall Ferguson, who put so much faith in thinking with the grain of empire? On the flipside, how might we speak to liberals who put their faith in American empire’s militarism in a post–9/11 era? Do you see any way out of the current grip of imperial thinking?
  • The “managed populations” don’t necessarily think from Ferguson’s managerial perspective. What the managers see as stability, the managed see as violence upon themselves. It is not stability that underpins empire. It is violence. And I don’t just mean wars in which humans fight humans. I also mean the psychotic violence against our dying planet.
  • I don’t believe that the current supporters of empire are supporters of empire in general. They support the American empire. In truth, captalism is the new empire. Capitalism run by white capitalists. Perhaps a Chinese empire or an Iranian empire or an African empire would not inspire the same warm feelings? “Imperial thinking,” as you call it, arises in the hearts of those who are happy to benefit from it. It is resisted by those who are not. And those who do not wish to be.
  • Empire is not just an idea. It is a kind of momentum. An impetus to dominate that contains within its circuitry the inevitability of overreach and self-destruction. When the tide changes, and a new empire rises, the managers will change, too. As will the rhetoric of the old managers. And then we will have new managers, with new rhetoric. And there will be new populations who rise up and refuse to be managed.
  •  
    "It is not stability that underpins empire. It is violence."
Ed Webb

Gareth Fearn | Ransom Capitalism · LRB 30 August 2022 - 0 views

  • Bailouts are an ideal intervention for a decaying neoliberal politics: they maintain capital flows, rising asset prices and the upwards redistribution of wealth, while supporting the minimum needs of enough of the population to prevent total social breakdown.
  • the model by which neoliberal capitalism has operated globally for decades. Energy producers and suppliers are extracting profits from the state by menacing the public with unaffordable bills, effectively threatening to remove the means of existence from millions of people. This process, of capital holding the public to ransom, has been going on for decades in the Global South, where countries facing financial, energy and even public health crises have been held to ransom by the IMF, World Bank and multinational corporations based in the US or Europe. Money to relieve immediate social meltdown was provided on the condition of structural reforms and repayment agreements that locked generations of citizens into decades of debt, economic restructuring and austerity to ensure the profits of corporations.
  • IMF/World Bank interventions undermined the growth of alternative political movements and brought post-colonial nations into a capitalist system where wealth is distributed upwards. Practices once applied by imperial nations to colonial subjects have now been turned on their domestic populations.
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  • Shareholders and CEOs are provided with ‘protection’ or ‘compensation’ rather than being made to face the downsides of the risk supposedly inherent in investment.
  • bailouts without structural change keep us on the path of ever-increasing losses for the public just to sustain the basics of life, while maintaining a failed market system which is not only generating crises but limiting responses to them
Ed Webb

Trajectories of Anticolonialism in Egypt - 0 views

  • The international was a colonial international, as Jabri phrased it, precisely because not all nation states were considered to be sovereign; in fact, the majority were not. Categories such as mandates and protectorates betrayed this linear logic of colonialism, whereby some nations were potential nation states[2] embodying sovereignty, but to reach this stage meant achieving a certain civilizational status. As Antony Anghie notes, “Sovereignty existed in something like a linear continuum, based on its approximation to the ideal of the European nation-state.”[3]
  • Moments such as the 1955 Afro-Asian Solidarity Conference at Bandung were attempts at carving out a new international—attempts that ultimately failed as we see the return of the colonial international in the late 1960s. Across Africa, Asia, Latin America and the Middle East, resistance to colonial rule materialised in varied and intersecting ways, whether through calls for independent industrialisation, cultural renewal, political self-determination, or the nationalisation of assets. In contexts such as Egypt, Nasser’s project was not merely a project of national independence, but an attempt at decolonizing both the national and the international. Resistance meant not only removing Egyptian production from this international sphere that was in and of itself colonial, but also the creation and articulation of new social and political projects that moved beyond binaries of East and West.[5]
  • the failures of the Nasserist project from an economic perspective were already diagnosed early on by leftist writers and intellectuals,[8] including scholars such as Samir Amin, who had laid out the “traps” inherent in adopting capitalist development—even if led by an anticolonial state.[9] Given that the expansion of capitalism in Egypt was tied to the expansion of imperialism from the very beginning, it becomes difficult to disentangle one from the other.[10] It is this that makes Nasser’s decision to adopt state-led capitalist development contentious. Industrialisation was based on notions of scientific progress, modern planning, and centring the state within capitalist production; it is difficult to ignore the modern telos underwriting industrialisation-as-development
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  • from the 1940s onwards, feminists began to put forward a distinctive articulation of nationalism where anti-capitalism became increasingly prominent. In terms of gender, this lent itself to more structural understandings of inequality that called for more radical transformations. This was undoubtedly connected to the increased prominence of socialist and Marxist theorising globally, including the proliferation of organizations and conferences that connected feminists across the postcolonial world, conferences at which capitalist inequality was a central theme. This gave feminists the analytical tools, including a means of analysing class conflict, to analyse Egypt’s position vis-a-vis a rapidly changing world, and also provided a way of analysing what many of them saw as the main problem facing Egypt: social inequality
  • these feminist articulations of anti-colonialism, nationalism and anti-capitalism were much more radical than the ones put forward by the state and its elites
  • Sovereignty could only be imagined by breaking away from global capitalism; imperialism and capitalism were not two separate entities but rather two co-constitutive realities
Ed Webb

Brexit and Boris Johnson Are the Legacies of Tony Blair - 0 views

  • British history has a problem with nationalism, and indeed the nation — they’re not supposed to exist, or they exist in very unusual forms. A central claim of my book is that something I call the British nation, corresponding to the territory of the UK, emerged after 1945, with a national economy, national politics, and a self-consciousness of itself as a nation called Britain. But it had a rather short life and was broken up from the 1980s.
  • Before the nation came both the empire and a set of places that were located in a global, free-trading space. What came after the nation? A fresh commitment to a globalist, and in particular European, liberal economic perspective.
  • Most recently, we’ve had a claim for the centrality of empire in twentieth-century British history, coming right up to the present. I think this very often involves a misrepresentation of what empire was, a failure to distinguish imperialism from nationalism, and an implicit continuity thesis that the empire as it was in 1914 remains a potent ideological force today.
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  • The imperialists certainly made the empire and in particular the white dominions central to politics and economics. In many ways, today’s anti-imperialists have followed them rather naively in this.
  • For the Conservatives, the white dominions in particular were central. They provided an image of the empire as a brotherhood of free white nations — a very important part of the overall story. But it was also important because the white dominions really were the important bits economically. That was where the investment went, and where a lot of the food for the United Kingdom came from.
  • India is a different matter. That was a place, of course, with a massive population. It was an important market for exports, but it was in a different league from the white dominions, and both were in a quite different position from what were strictly speaking called the colonies. It is very important to remember that before the 1940s — that is to say, in the great age of empire — trade with foreign countries was greater than with “British” countries, to use the language of the time. Liberals pointed this out again and again. They argued that the great glory of the British economy was not the empire but rather free trade. That meant trading with everybody and in practice trading a very great deal with Europe. That was where British bacon, British eggs, British iron ore, or British timber came from, and much else besides. Before the 1940s, the UK was a profoundly European economy, deeply integrated into trade and production within the European continent.
  • The UK was the largest overseas investor and the largest trader, but it was also the most industrial country in the world — far more industrialized than Germany or the United States at this time. It was more industrialized precisely because it was more globalized. It didn’t need to grow all its own food. The City was investing overseas in UK-owned enterprises, whose business was often to supply food to the UK, directly or indirectly. That in turn allowed the UK to be industrial and indeed to supply the railways, the factories, and the ships that made all this trade possible in the first place. In fact, the relations between overseas investment and industrialization were synergistic, at least in this period.
  • it’s striking how little impact decolonization had. Take the cases of India and Palestine in the 1940s: there were no major convulsions at home — nothing compared to what was happening in France during the 1950s.
  • there was actually a silent revolution brought about by “de-imperialization.” That was best exemplified by the extraordinarily rapid transition of the Conservatives from being the party of empire and Imperial Preference to being the party of free trade and of applying for accession to the Treaty of Rome in 1961. It is extraordinary that, just a few years after World War II, the Tory Party in government applied for membership of what was then called the Common Market.
  • There was a movement of people from the Caribbean in particular during the 1950s, but they were people coming from a colonial territory who had the same nationality as most people living in the United Kingdom. They were what were called “citizens of the United Kingdom and Colonies,” so they weren’t really immigrants. They were people moving within the space of British nationality. Interestingly, there were more immigrants, in the sense of aliens or semialiens, coming from Ireland and continental Europe in the 1940s and ’50s. Indeed, the dominant movement of population from the 1940s right up into the 1980s was outward rather than inward. The UK was a place of net emigration in that period. A lot of that emigration was to the Commonwealth, and Australia in particular.
  • It comes as a surprise to many people that in the 1950s, the United Kingdom was still the most industrialized economy on Earth. This doesn’t fit with the “declinist” images that have so affected our understanding of this period in particular. In terms of growth rates, poorer European countries and countries elsewhere were often growing faster than the UK economy — they were catching up. The German economy caught up with the UK and overtook it in terms of GDP per capita in the 1960s, and France did the same in the 1970s. But the overall result was that the West European economies, which had been quite different in 1945 or 1950, came to be very similar by the 1980s and ’90s or the 2000s when one includes poorer countries like Spain.
  • In the 1970s and ’80s, the UK became broadly speaking self-sufficient in the foods that it could grow itself, much as Germany, France, and Italy were self-sufficient in food. What had been the great factor distinguishing the United Kingdom from continental Europe disappeared as a result of a fundamental change in British political economy. The UK became an exporter of beef and wheat, which would have been unthinkable not just in the Edwardian years but in the 1950s as well.
  • The reality is that the 1970s saw a global crisis. There were important transitions and readjustments in the British economy. That decade was also a period of political radicalism and cultural inventiveness — a period of innovation, of a sort that conservatives didn’t like one bit. That’s essentially why the 1970s have this terrible reputation.
  • She did transform the British economy, but it’s important to note that she did not increase the underlying rate of growth. Since 1979, the British economy has grown more slowly on average than it grew between 1945 and the 1970s. In that sense, she most certainly did not reverse the British decline. Nor did she reverse the British decline in relation to all the other major economies in the world
  • while manufacturing employment did go down very radically, manufacturing output remained high. Indeed, peak manufacturing output in British history came in 2008 — it wasn’t the 1970s, let alone the 1870s
  • North Sea oil was certainly important because, together with the new self-sufficiency in food, it meant that the UK no longer had to import the two things that had dominated its import bill in the past: food and oil. That meant that the UK no longer needed to have a surplus in the manufacturing balance, which went negative in 1981.
  • Quite soon, you had a permanent negative balance of trade in the British economy — a quite extraordinary thing. A tiny negative balance of trade was the stuff of politics in the 1950s and ’60s, yet in the more recent past, a permanent deficit of 4, 5, or 6 percent of GDP has no impact whatsoever. What made this deficit sustainable? The emergence of a new kind of City of London. It was not the City of the Edwardian years. It was something quite different, like an enclave, which was about bringing money into the UK as much as taking it out. It was precisely those net flows of capital into the UK that allowed it to sustain the negative balance of trade.
  • The most important thing Thatcher did, apart from opening up the economy to Europe and the world, was to encourage the increasing inequality between capital and labor and between the regions. There was an extraordinary reversal of the move toward greater equality of income, wealth, and regional development that had been taking place from 1945
  • The loss of trust in government that arose from the obvious, systematic mendacity of the Blair administration around Iraq had and continues to have profound consequences. It generated a new, deep cynicism in politics
  • It’s striking that the Conservatives have increased their vote share in every election since 1997. The idea that Boris Johnson suddenly transformed the fortunes of the party is quite wrong. That’s one legacy of Blairism — not just Brexit, but also a new, revived, and dangerous Conservative Party. If Thatcherism begot Blairism, I think Blairism begot “Johnsonism” by a very different process.
  • The UK has been a place where global capitalism does its business. There’s relatively little we could straightforwardly call British capitalism
  • there aren’t the sort of connections between business and the Conservative Party that there would have been when they were all the same people. There are, perhaps, connections between particular kinds of business and the Conservative Party — particular hedge funds, for example, or Russian oligarchs. Between them, they’re pushing the Conservatives to be a party that’s pressing for an even greater degree of tax-haven status for the British economy, making it even more of a rentier, liberalized economy than it already is.
  • We have an extraordinary politics, in which a particular fraction of capital, allied with hard-right elements of the Conservative Party, are pursuing a policy that they don’t really understand and can’t really come to terms with.
  • We’ve had great programs of political-economic change, from mobilization in World War II to going into the European Economic Community. But those were planned and thought through — there weren’t any great surprises. This one hasn’t been. It hasn’t even really been improvised. It has just been a very peculiar mess.
  • the politics of the Brexiteers themselves aren’t the politics of Brexit voters. The Brexit vote is an old vote, just like the Conservative vote. One has to credit the Conservatives with realizing that their vote was an old one and doing everything they could to sustain that vote — for example, by keeping NHS spending and pension spending up, systematically targeting welfare at the elderly and taking it away from the young
Ed Webb

An Interview with Professor Wael Hallaq - THE FLETCHER FORUM OF WORLD AFFAIRS - 0 views

  • There was no Orientalism before modernity
  • “No matter how ethnocentric and how dominating pre-modern empires all were, none could wed knowledge to power and redefine ethics as our modern empires did and continue to do.”
  • I see engineering, economics, business schools, journalism, law schools, mainstream philosophy, science, medicine, and a host of others as being epistemologically structured in the same manner in which Orientalism was fashioned
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  • showing and practicing sovereignty over a Hindu or a Muslim in Asia is not very different from showing and exercising sovereignty over a tree or a river in the forests of Peru or Ecuador. I call each instance an epistemological “genetic slice” where the totality of such instances amounts to a unique but structured modern attitude toward the world
  • To critique Orientalism is to critique secular humanism, liberalism, anthropocentrism, materialism, capitalism -- all of which, and more, Said took for granted. 
  • Even if we were to concede—however objectionable and repugnant this may be— that modernity’s violent tools were adopted by necessity with a view to improving the human condition, we find ourselves facing the bitter reality of a world in which we have destroyed almost everything around us, from communal and social structures to ecology and environment.
  • My argument is that modernity’s structure of thought created a novel relationship between man and nature, one that produced a pathological sense of domination over nature, including our own.
  • Colonialism did not start in the colonies, but in Europe itself, and this is because early modern Europe embarked on a quest in which knowledge was systematically harnessed to subjugate nature, including our own selves. Orientalism is nothing more than a strand of discourse by which this bleak result was achieved, but every branch of knowledge – philosophy, science, law, etc.– is equally involved in the same project
  • I think that the position which argues that one cannot critique modernity from within modernity—necessarily the only place in which we find ourselves— is a nihilistic one
  • in modernity, the state, capitalism, bureaucracy, and a particular form of reason have become central domains that govern all other domains. These central domains have formed our subjectivities, and made us who we are. My argument is that we can capitalize on the peripheral domains, through an act of heuristic retrieval, in order to displace the central domains. And ethics is one peripheral domain from which we can begin to rethink who we are.
  • the urgent call for us to be self-conscious about what we are doing at large and what we are “saying” and writing in learning institutions, higher academia being a main concern. This is so because this academia manufactures much of what we know, and this manufactured knowledge has substantial power in deciding what we should or should not do in our lives. Essential to this self-consciousness is the need for us to understand and develop a deep sense of responsibility and accountability, [and] not in the narrow sense of being “conscientious citizens” or socially responsible individuals. What I mean is that responsibility and accountability must run deep into an awareness of everything we do, from the seemingly innocuous act of buying a soft drink from a convenience store to what we think of what, say, business and public policy mean to less powerful others around the world.
  • to make the change and to build a sense of ethical responsibility, academia must deploy what I call external critique of everything we teach and write about. External critique is to refuse the established premises and assumptions that have so far foregrounded our thoughts and actions; it is to refuse the very foundations of their logic. The critique must question who and what we are
Ed Webb

Follow the petrodollars: Why Gulf wealth matters to Britain is a question everyone shou... - 0 views

  • “The strategic value of the Gulf Arab monarchies to British capitalism and the British state,” Wearing writes, “has meant that securing and defending those monarchies from the threat posed by their own populations has long been a priority for London.” 
  • “the data show that the British government’s response to the new wave of demands for democracy region-wide was to continue a sharp increase in arms supplies to its key authoritarian allies”
  • Without doubt, Britain’s impressively violent imperial history also raises all manner of “moral questions”. And as Wearing makes clear, it was during this very period of empire - comprising a century and a half of British dominance in the Gulf - that the foundations for contemporary interdependence were established.
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  • While British arms exports to the Gulf “help the UK to maintain the military-industrial capacity required as the basis for global power projection” in the neo-imperial era, Gulf petrodollars recycled through trade and investment deals also “play an important role in addressing the key macroeconomic challenges facing the British economy and in maintaining Britain’s status as a leading capitalist nation”.
  • Though Britain has of course long been surpassed by the US in terms of superpowerdom, it maintains an “active commitment to the continuation of US hegemony … with its own state and capitalist interests seen as best pursued within that overall framework”. Given that dominance of the Gulf is crucial to the maintenance of hegemony, Wearing argues, British dealings in the region “should be understood as complementing and reinforcing US efforts to entrench a conservative regional order oriented towards Western power”.
Ed Webb

Terra Nullius: Grifters, settler colonialism and "intellectual property" / Boing Boing - 0 views

  • Both the venality of Aloha Poke and the genocidal brutality of Terra Nullius reveal a deep problem lurking in the Lockean conception of property: all the stuff that’s “just lying around” is actually already in relation to other people, often the kind of complex relation that doesn’t lend itself to property-like transactions where someone with deep pockets can come along and buy a thing from its existing “owner.”
  • The labor theory of property always begins with an act of erasure: “All the people who created, used, and improved this thing before me were doing something banal and unimportant – but my contribution is the step that moved this thing from a useless, unregarded commons to a special, proprietary, finished good.”
  • the people who coined, popularized and nurtured the word “aloha” or inhabited the Australasian landmass are stripped of their claims as though they were honeybees whose output is a naturally occurring substance that properly belongs to the beekeeper, not the swarm.
Ed Webb

The American Empire Is the Sick Man of the 21st Century - Foreign Policy - 0 views

  • classic Foundation series, Isaac Asimov imagines a Galactic Empire, governed from the city-world of Trantor, that has maintained peace and prosperity for thousands of years but that is teetering on the brink of decline. The only person who sees this clearly is the psychohistorian Hari Seldon, who has mathematically determined that the core conditions for the Empire are unsustainable and will crumble over the course of centuries. As Trantor “becomes more and more the administrative center of Empire, it becomes a greater prize,” a disciple says as he absorbs Seldon’s calculations. “As the Imperial succession becomes more and more uncertain, and the feuds among the great families more rampant, social responsibility disappears.” Asimov published these words in 1951, at the peak of U.S. global power. But they might as well be describing Washington in 2019, an imperial capital whose elite have transformed it into a great prize to be feuded over as surely as Asimov’s future empire did—and as other empires have done in the past.
  • much of the United States has experienced a steady decline while a handful of major cities, including Washington, have become hyperwealthy and almost unaffordable through the concentration of financial, tech, and media monopolies and their affiliated lobbyists. By now, many Americans know this story—but few think about what it means for their place in the world
  • Although Foundation drew its direct inspiration from Edward Gibbon’s The Decline and Fall of the Roman Empire, history is replete with examples of seemingly powerful empires run by weak, divided elites and picked apart by outside powers
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  • The near-universal understanding of the United States as a powerful, unified global actor is flawed and in need of revision. The United States is less a great power exerting its will and more an open-air market for global corruption, in which outside powers can purchase influence, shape political outcomes, and play factions against each other in the service of their own competing agendas.
  • Trump’s administration is openly bought by foreign governments via his international network of hotels and resorts, including the one located directly between the White House and the U.S. Capitol, where a Saudi-funded lobbyist rented 500 rooms in the month after the 2016 election. His political party, which still controls the Senate and increasingly dominates the judiciary, has no interest in holding him accountable for any of this. And of course there’s the small matter of Russian interference in the 2016 election; as the limited information known so far from special counsel Robert Mueller’s report confirms, Trump and the Republicans were at the very least the passive and willing beneficiaries of efforts by a foreign power to influence the election outcome.
  • the influence of outside money in Washington has become routine over the past generation. From the pervasive influence of the United Arab Emirates and other Gulf monarchies over think tanks and media organizations to virtually the entire U.S. government kowtowing before the American Israel Public Affairs Committee to China’s warm relationship with the Chamber of Commerce and with the heads of some of the most powerful U.S. companies to the funneling of foreign money through the real estate industries of the country’s largest and wealthiest cities—the U.S. government is for sale.
  • The complete deregulation of campaign finance and the subsequent legalization of corruption in Washington, on a scale unheard of in other developed countries, have resulted in a capital where the distinction between foreign and domestic monied interests is harder and harder to parse. The U.S. government, in other words, does not exist to serve the interests of Americans through either its foreign or its domestic policies; rather, it exists to perpetuate the interests of the globalized oligarchy.
  • While Rhodes and Obama also faced pressure from within the Washington establishment, they found their agenda for the Middle East repeatedly hijacked by foreign allies—the same governments that also lobbied, with varying success, for U.S. military operations from Syria to Yemen. American power, however mighty, means nothing if it’s being used for the ends of the highest bidders
  • what we’re seeing is neither a considered, responsible withdrawal from empire in order to invest in urgent needs at home nor a revolt against empire by the world’s wretched. Rather, it’s a drawn-out, decadent collapse recognizable to any student of Rome or Constantinople. America is the sick man of the 21st century, and anyone who has watched its president bumble through a gathering of bemused, pitying world leaders knows it.
Ed Webb

D.C. app spotlights American landmarks 'with a native twist' | PLACE - 0 views

  • Even as they gaze at the monument, tourists "overlook entirely" its reference to the role of America's indigenous people in the battle at Iwo Jima, said Elizabeth Rule, assistant director of the AT&T Center for Indigenous Politics and Policy. So, she helped create an app to change that. The memorial is the first entry in the new Guide to Indigenous DC app, which takes users on a walking tour of Native American history — and ongoing presence — in the nation's capital.
  • The free app, which Rule designed in collaboration with others at the AT&T Center and with the American Indian Alaska Native Tourism Association, features 17 sites around the city.
  • "The focus on D.C. is mainly driven by the desire to educate people that the capital of the nation, the seat of government, is an Indian space," said Rule, who is a member of Oklahoma's Chickasaw Nation.
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  • Like the rest of the United States, the Washington of today sits on land that had long been inhabited by indigenous tribes — particularly a group called the Nacotchtank or Anacostans. Rule's project draws attention to that physical history of the land. The guide's second site is a large island in the Potomac River that once hosted Nacotchtank settlements, while another site marks indigenous artefacts found on the grounds of the White House.
  • "It's important to acknowledge ... that native communities, leaders and other individuals have continued to come to Washington, D.C. over the years on behalf of their people," said Gokey, a member of the Eastern Shawnee and Fox tribes.
  • "Colonization did happen, but this is still Indian land,"
Ed Webb

US Military Bases Are Key Pieces of the Global War Machine - 0 views

  • “bases frequently beget wars, which can beget more bases, which can beget more wars, and so on.”
  • While the idea that the global expansion of military bases corresponds with the rise of US empire may seem obvious, this book convincingly shows that it is both consequence and cause. Vine brilliantly documents the way widespread global military positions — which are always sold to the public as defensive — are, by their very nature, offensive and become their own, self-fulfilling ecosystems of conquest.
  • Over “almost 115 consecutive years of U.S. wars against indigenous nations,” as Vine puts it, US military forts played a consistent role in protecting white settler pillaging and conquest.
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  • Just as the “induced demand” principle shows why building more lanes on highways actually increases traffic, United States of War makes the argument that military bases themselves incentivize and perpetuate military aggression, coups, and meddling.
  • Organized labor, immigrants, recently freed slaves, indigenous peoples at home and abroad: They were all subdued by the same military and police forces making way for white settlement and capital expansion.
  • a “permanent war system,” as Vine puts it, was established. During the post–World War II era of decolonization, the United States used its military base network and economic influence, buttressed by new institutions like the World Bank and International Monetary Fund, to protect its preeminence.
  • While giving the illusion of increased safety, these bases actually made foreign wars more likely, argues Vine, because they made it easier to wage such wars. In turn, conflict increased construction of US bases.
  • “To this day,” Vine notes, “Chagossians and many others among the displaced are struggling to return home, to win some justice and recompense for what they have suffered.” This is where Vine’s book is at its best: showing the moral stakes of US empire. Shrouded in the sanitized and sterile think tank–ese of “forward positions,” “kinetic action,” and “open door policy,” the average media consumer would be hard-pressed to know the human costs of these bases. Vine documents the stakes from the vantage point of the displaced and disenfranchised.
  • While the Bush-Cheney administration closed some bases in Europe, overall spending on bases “reached record highs” during their time in office
  • Since September 11, 2001, the United States has also expanded its presence in Africa, building “lily pads” across the continent — smaller profile, somewhat secretive installations, suggesting “a frog jumping from lily pad to lily pad toward its prey,” writes Vine. US bases have been central  to waging the 2011 NATO war in Libya, drone strikes in Yemen, military intervention in Somalia and Cameroon. “The military has been conducting a variety of operations regularly in at least 49 African countries,” writes Vine. “It may be operating in every single one.”
  • The War on Terror ethos, in which the whole world is considered a US battlefield and the United States grants itself broad latitude to wage preemptive war, has come to define US foreign policy.
  • Engaging Vine’s book is less like reading a tidy cause-and-effect theory of the relationship between US military bases and wars, and more an exploration of the symbiotic relationship between capital, US empire and racism, and their primary mode of interaction: the military base.
Ed Webb

What Black America Means to Europe | by Gary Younge | The New York Review of Books - 0 views

  • Europe’s identification with Black America, particularly during times of crisis, resistance, and trauma, has a long and complex history. It is fuelled in no small part by traditions of internationalism and anti-racism on the European Left, where the likes of Paul Robeson, Richard Wright, and Audre Lorde would find an ideological—and, at times, literal—home.
  • But this tradition of political identification with Black America also leaves significant space for the European continent’s inferiority complex, as it seeks to shroud its relative military and economic weakness in relation to America with a moral confidence that conveniently ignores both its colonial past and its own racist present.
  • the number of Europeans of color—particularly in the cities of Britain, Holland, France, Belgium, Portugal, and Italy—has grown considerably. They are either the descendants of former colonies (“We are here because you were there”) or the more recent immigrants who may be asylum-seekers, refugees, or economic migrants. These communities, too, seek to pollinate their own, local struggles for racial justice with the more visible interventions taking place in America. “The American Negro has no conception of the hundreds of millions of other non-whites’ concern for him,” Malcolm X observed in his autobiography. “He has no conception of their feeling of brotherhood for and with him.”
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  • transnational protests have become more frequent now because of social media. Images and videos of police brutality and the mass demonstrations in response, distributed through diasporas and beyond, can energize and galvanize large numbers quickly. The pace at which these connections can be both made and amplified has been boosted, just as the extent of their appeal has broadened. Trayvon Martin was a household name in Europe in a way that Emmett Till never has been.
  • Well into my thirties, I was far more knowledgeable about the literature and history of Black America than I was about that of Black Britain, where I was born and raised, or indeed of the Caribbean, where my parents are from. Black America has a hegemonic authority in the black diaspora because, marginalized though it has been within America, it has a reach that no other black minority can match.
  • the power of empire. The closer you are to the center, the less you need know about the periphery, and vice-versa
  • Europe has every bit as vile a history of racism as the Americas—indeed, the histories are entwined. The most pertinent difference between Europe and the US in this regard is simply that Europe practiced its most egregious forms of anti-black racism—slavery, colonialism, segregation—outside its borders. America internalized those things.
  • George Floyd’s killing comes at a moment when America’s standing has never been lower in Europe. With his bigotry, misogyny, xenophobia, ignorance, vanity, venality, bullishness, and bluster, Donald Trump epitomizes everything most Europeans loathe about the worst aspects of American power. The day after Trump’s inauguration, there were women’s marches in eighty-four countries; and today, his arrival in most European capitals provokes huge protests. By his behavior at international meetings, and his resolve to pull out of the World Health Organization in the middle of a pandemic, he has made his contempt for the rest of the world clear. And, for the most part, it is warmly reciprocated.
  • Although police killings are a constant, gruesome feature of American life, to many Europeans this particular murder stands as confirmation of the injustices of this broader political period. It illustrates a resurgence of white, nativist violence blessed with the power of the state and emboldened from the highest office. It exemplifies a democracy in crisis, with security forces running amok and terrorizing their own citizens. The killing of George Floyd stands not just as a murder but as a metaphor.
  • There has always been a strong internationalist current of anti-racism, alongside anti-fascism, in the European Left tradition, which provided fertile ground for the struggles of African Americans. Back in the 1860s, Lancashire mill workers, despite being impoverished themselves by the blockade on Confederacy that caused the supply of cotton to dry up, resisted calls to end the boycott of Southern goods, though it cost them their livelihoods. In the early 1970s, the Free Angela Davis campaign told The New York Times that it had received 100,000 letters of support from East Germany alone—too many to even open.
  • If Europe has a proven talent for anti-racist solidarity with Black America, one that has once again come to fore with the uprisings in the US, it also has a history of exporting racism around the world
  • the rejection of US foreign policy and power—at times, reflexive and crude but rarely completely unjustified—never entailed a wholescale repudiation of American culture or potential.
  • Our civil rights movement was in Jamaica, Ghana, India, and so on. In the post-colonial era, this offshoring of responsibility has left significant room for denial, distortion, ignorance, and sophistry when it comes to understanding that history.
  • “It is quite true that the English are hypocritical about their Empire,” wrote George Orwell in “England Your England.” “In the working class this hypocrisy takes the form of not knowing that the Empire exists.” In 1951, a decade after that essay was published, the UK government’s social survey revealed that nearly three-fifths of respondents could not name a single British colony.
  • One in two Dutch people, one in three of Britons, one in four of the French and Belgians, and one in five Italians believe that their country’s former empire is something to be proud of, according to a YouGov poll from March of this year.
  • only one in twenty Dutch, one in seven French, one in five Britons, and one in four Belgians and Italians regard their former empires as something to be ashamed of
  • The level of understanding about race and racism among white Europeans, even those who would consider themselves sympathetic, cultured, and informed, is woefully low
  • Fascism is once again a mainstream ideology on the continent, with openly racist parties a central feature of the landscape, framing policy and debate even when they are not in power. There are no viral videos of refugees in their last desperate moments, struggling for breath before plunging into the Mediterranean (possibly headed to a country, Italy, that levies fines on anyone who does rescue them).
  • Levels of incarceration, unemployment, deprivation, and poverty are all higher for black Europeans. Perhaps only because the continent is not blighted by the gun culture of the US, racism here is less lethal. But it is just as prevalent in other ways. Racial disparities in Covid-19 mortality in Britain, for example, are comparable to those in America. Between 2005 and 2015, there were race-related riots or rebellions in Britain, Italy, Belgium, France, and Bulgaria. The precariousness of black life in late capitalism is not unique to America, even if it is most often and glaringly laid bare there. To that extent, Black Lives Matter exists as a floating signifier that can find a home in most European cities and beyond.
  • There is no reason, of course, why the existence of racism in one place should deny one the right to talk about racism in another place. (If that were the case, the anti-apartheid movement would never have got off the ground in the West.) But it does mean having to be mindful about how one does it.
  • In my experience, drawing connections, continuities, and contrasts between the racisms on either side of the Atlantic invites something between rebuke and confusion from many white European liberals. Few will deny the existence of racism in their own countries but they insist on trying to force an admission that it “is better ‘here than there’”—as though we should be happy with the racism we have.
  • “Racism’s bad everywhere,” has always been my retort. “There really is no ‘better’ kind.”
Ed Webb

All Roads Need Not Lead To China - NOEMA - 0 views

  • For the Romans, Ottomans, Russians and British, transportation infrastructure was an essential tool of conquest. It is no different for China today. In a world of mostly settled boundaries, China seeks to control infrastructure and supply chains to achieve leverage over its neighbors as well as carve through them to its destination: the oil-rich Gulf region and the massive export markets of Europe. From oil refineries and ports to internet cables, China is maneuvering for infrastructural access where it cannot dominate territory. Even where China shifts boundaries by force, the purpose is nonetheless to pave the way for its infrastructure.
  • Around the time China joined the World Trade Organization in 2001, it suddenly found itself the world’s largest importer of raw materials as well as one of the largest exporters of consumer goods. Yet still, it was subject to the “Malacca trap”: Most of its trade passes through the narrow Strait of Malacca, the world’s busiest waterway, which it does not control. Building road and rail infrastructure across neighboring states was thus something of a defensive measure to reduce dependence on a single chokepoint.
  • Whereas the Soviet Union was not integrated into the global economy, China is the top trade partner of more than 120 countries, and is now the largest international creditor as well. China’s main instruments in pursuit of its grand strategy have been connectivity projects, not military incursions. Rather than conquer colonies, China has sought to buy countries. 
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  • a wide array of initiatives have emerged as a direct response to China’s Belt and Road to undermine and dilute China’s infrastructural prowess: the U.S. International Finance and Development Corporation, the EU’s “Asia Connectivity Initiative,” the EU-Japan “Partnership on Sustainable Connectivity and Quality Infrastructure,” the U.S.-Japan-Australia “Blue Dot Network,” the India-Japan “connectivity corridors” and myriad other coalitions. None of these existed even three years ago. Roads have always been the pathways of conquest; now they are the battlefield of competitive connectivity. 
  • in dozens of visits to Beijing, I have found my interlocutors unable to grasp this basic psychological fact. While many societies admire China’s success and are grateful for China’s role in their development, none want to be like China, nor be subservient to it. It’s an argument that’s fallen on deaf ears in Washington, too. And as with America’s experience of benevolent nation-building, China’s policy of intimidating neighbors into feebly muting their own interests has predictably backfired
  • Bogging down the adversary while moving stealthily towards one’s objective has been an axiom of Chinese diplomacy for generations. But there is little stealth anymore in China’s land grabs, island-building and wolf-warrior diplomacy
  • With China’s suppression of information about the coronavirus painting it into a corner, Beijing no longer feels it has anything to lose and is going for broke: moving on Taiwan, Hong Kong, the Senkaku Islands, India’s borders and other disputes while the rest of the world is off-kilter, girding itself for a new Cold War with America. China’s leadership has convinced itself that West-leaning powers seek to encircle it militarily, splinter it internally and destabilize the Communist Party. This is the classical psychological spiral at the heart of any security dilemma in which each action taken by one side elevates the perceived insecurity of the other. 
  • A repeat of the Cold War would surely not play out as favorably for the U.S. as the last one. America is politically polarized and is the world’s largest debtor nation. Its most recent major wars have been disasters and its military needs time to rebuild and adjust to new adversaries and tactics. And many of its erstwhile allies from Europe to Asia are far more vested in China than America is and don’t trust it to lead a consensus-based global coalition.
  • What the U.S. and Europe do have in their favor is that they are territorially secure while China is not. China has 14 neighbors, all of which harbor deep suspicions of its motives even as many (especially Russia) cooperate with it.
  • American strategists have been far more fixated on China’s presence in Africa and South America rather than developing a comprehensive strategy for reassuring China’s neighbors and supporting their own efforts to stand up to it.
  • Despite the immense economic leverage China has accrued vis-a-vis the many states along its perimeter, it is the complexity of having so many neighbors that constrains China more than its increasingly sophisticated military arsenal suggests. Maintaining global influence is much harder when you are fighting a 14-front war in your own neighborhood. 
  • From Malabar to Pearl Harbor, the U.S., Japan, Australia, India and numerous other countries have been deepening their coordination in the Indo-Pacific maritime domain. The “quad” coalition features joint strategic patrols and hardware support for the navies of Vietnam, the Philippines and Indonesia in the South China Sea. This summer, ASEAN foreign ministers finally graduated from their usually limp communiques watered down by Chinese pressure and reaffirmed that the U.N. Convention on the Law of the Sea must be the basis for arbitrating maritime disputes. 
  • Boundary agreements are rarely perceived as fair by both sides, yet such settlements have the virtue of enabling counties to mature towards functional cooperation.  
  • Precisely because the U.S. and EU have imposed such stiff restrictions on Chinese investment, China has redirected its outbound capital portfolio ever more towards its more proximate Asian domain. And in the wake of the COVID-19 crisis, once fast-growing countries face capital outflows and weak global demand amid ruptured supply chains. The West may be squeezing China out of some markets, but China’s balloon is inflating across Asia as it lowers tariffs on all its Belt and Road trading partners
  • Laos and Cambodia, two of Asia’s poorest countries, have become all but wholly owned subsidiaries of China, even as China’s Mekong River dams have ravaged their agriculture through volatile water flows and chemical pesticides. With stronger technical and diplomatic assistance, these countries could demand that Chinese investments reinforce their sustainability and local businesses. 
  • It was always going to be an uphill battle for China to be perceived as a benevolent superpower. Unlike America or the European Union, China is wholly unconvincing as a multiethnic empire. It systematically squelches diverse identities rather than elevating them. Furthermore, though China is an ancient and rich civilization, it coexists with other Asian civilizations with equally respectable glory. None will ever bow to the others, as Japan learned the hard way in the 20th century. Every time China gains an inch of territory, it loses a yard of credibility. The essence of geopolitical stability is equilibrium, and the pathway to it follows the logic of reciprocity. 
  • China’s assertiveness signals neither an inevitable new Cold War nor a new unipolar hegemony. Rather, it is one phase in Asia’s collective story and the global shift towards multipolarity.
  • Never has Eurasia been ruled by a single hegemon. The Mongols came closest 700 years ago, but the 14th-century Black Death fractured its disparate khanates, and the Silk Road fell idle. Today again, a pandemic has emerged from China, but rather than shut down the Silk Road, we should build many more of them among dozens of Eurasian nations rather than in and out of China alone. All roads need not lead to Beijing.
Ed Webb

No trees: What the landscapes where all recent pandemics originated have in common - 0 views

  • yellow fever, zika fever, dengue, chikungunya, ebola, SARS, Nipah virus, Kyasanur Forest disease, MERS, rabies, Rocky Mountain spotted fever, sleeping sickness, hantavirus-caused diseases, Japanese encephalitis, malaria
  • All these diseases emerged – or re-emerged, more virulent and dangerous – as a result of human encroachment on forests. Historically, we might trace them to tropical rainforests, but right now we must look closer to home. Because the forest was, till very recently, right here somewhere, in and about your housing colony, around that gated high-rise and its adjacent slum.
  • Diseases emerge when we clear forests, cut down trees, flatten hills, dam rivers, and squat on all this usurped territory. Within a 5 km radius of my home are breeding grounds for at least seven of those listed diseases. It’s not something we think about.
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  • Many emerging diseases, like those listed above, are zoönoses – diseases transferred from other vertebrates. Their origins can usually be traced to wildlife. They may have stayed on, unnoticed, in the wild and never made the species jump to infect us if a stable ecosystem had been left undisturbed
  • The urban push into the forest forces bat populations to colonise human spaces and increases their vulnerability – and ours.
  • Urbanisation provides new roosts, new sources of food and new company. Bats are sociable creatures. They form lasting relationships with home, and their urban circle of friends may embrace species that won’t roost together in the wild. And this commingling means a richer, more diversified stew of bat-borne viruses.
  • bats don’t get sick. Not as often as they should, considering the range of viruses they harbour
  • When a bat flies, its metabolic rate rises to meet the exorbitant energy demand of flight, and its body temperature spikes to a high fever. In all mammals, fever upticks the immune process and slows viral replication. As the only mammal capable of sustained flight, the bat has evolved this pattern of spiking body temperature. The benefit is a more efficient immune system.
  • Bats also spend a great deal of time in torpor – a state of suspended animation, when the body’s temperature drops. Was it this that encouraged viruses to co-evolve the ability to flourish across a wide range of temperatures?
  • Coronaviruses are 30 per cent of the healthy bat’s virome. They cause diseases in other species – diarrhoeas and dysenteries; respiratory infections in cattle, dogs and swine; even peritonitis in cats. But before 2002, the worst illness they gave us humans was the common cold. Then, in 2002, SARS emerged. It had a death rate of 10 per cent. What had changed?
  • Words like “coincidental” and “fortuitous” have no place in the narrative of an emerging disease. Instead, we must look for the motive force, the driver that brought about disease. Southeast Asia has lost 30 per cent of its forests in recent years. The deforested land is intensively cultivated. Urban growth is invasive. This abrupt proximity between humans and bats allows greater exposure to the viruses shed in bat saliva and guano, and provides an environment conducive to a rapidly diversifying spectrum of viruses. And since bat coronaviruses cause infections in domesticated species, intermediate hosts are aplenty.
  • when there is a spillover, humans are immunologically naïve to the virus. This results in a virulent infection, and the virus quickly adapts to rapid spread between humans.
  • At present, there are thousands of coronaviruses circulating in bats. Just seven of them have declared themselves in humans. As crowding increases, more may emerge. Can we predict what the next one will be like?
  • The West has long jeered at Asia and Africa as “virus machines”. Such a label is deeply offensive to more than half the people on this planet, besides being scientifically untrue. Viruses are everywhere. Asia and Africa have been historically impoverished by European nations, either through genocide or colonisation. Disease was driven by conquest in the past, and racism in science is rooted in that memory. The language of science often echoes that inequality of power, and, thankfully, we’re growing more sensitive to it.
  • Disease is driven by capitalism today: the forests of Asia, Africa, Central and South Americas are enslaved to richer nations to produce goods that serve few and bankrupt millions.
Ed Webb

LENIN'S TOMB: Why neoliberalism persists - 0 views

  • Finance has enjoyed hegemony in the past partially on account of its role in the British empire. Britain's overseas trading companies such as the East India Company or the Hudson Bay Company were based in the City of London, and it was the City's activities which financed the planters and traders. The capital's financial centre was the nexus between domestic producers and the colonies. Undoubtedly, finance has a similar role in today's imperialism, the mechanism by which surplus extracted in the 'periphery' is transferred to ruling classes in the 'metropole'. In fact, one of the reasons why the British government started to take a keen interest in consolidating the City's global role in the late 1960s was due to the loss of the colonies and the need to take on rising financial competitors, not least Wall Street.
  • The fact of the matter is that there often hasn't been enough profit to be had in productive investment, while high-risk speculation has consistently delivered, and will continue to do so as long as the public bails the bankers out at moments of crisis. Just how much neoliberalism has delivered is suggested by the fact that by 2006, two fifths of all corporate profits in the US were accumulated in the financial sector - more than double the ratio at the height of 'Reagonomics' two decades before.
Ed Webb

Tied to a drowning man - Opinion - Al Jazeera English - 0 views

  • Unlike the Soviets, who had the good grace to implode pretty much alone, collapse of the United States could bring down the international capitalist system along with it.
  • Globalisation has drastically tilted the balance of the struggle between labour and management in favour of trans-national corporations. In the US, the result has been five decades of falling median wages. (Total wages, on the other hand, have soared, with the rich and superrich raking in more than ever.) Easy credit provided a Band-Aid to rising income equality during the 1980s and 1990s. When the housing bubble burst and the credit markets froze in 2008, American consumers - who drive 70 per cent of economic activity - went from feeling poor to being poor. Un- and underemployed, they couldn't earn money. Their credit lines cancelled and curtailed, they couldn't borrow it. Forced to live within their increasingly limited means, the formerly middle class stopped spending. And here we are. Gross domestic product would have to be at least 4 per cent on an annualised basis to start to bring down unemployment. The actual figure is 0.8.
  • Everywhere you look, there's terror that the world, by tethering itself to the once-invincible US monolith, has handcuffed itself to a fat, drowning man—one who's about to suffer another heart attack. The central bank of China, the communist-in-name-only nation that holds $2tn in its foreign exchange reserves—more than two-thirds of the total—plus $1.2tn in US Treasury bonds and notes, is loudly demanding that the US cut its deficits.
  • ...1 more annotation...
  • Companies aren't hiring because there's no demand. There's no demand because companies aren't hiring. So much for the magic of the marketplace. Corporations are hoarding so much cash - cash that could drive recovery if it were invested in expanded and new lines of business - that even banks don't want it anymore. Bank of New York Mellon Corp. took the extraordinary step of charging a fee on deposits of amounts over $50m. "Since the beginning of the year, US bank holdings of cash are up 83 per cent, or $890bn, to $1.98tn," reports The Wall Street Journal. Banks have more money than they know what to do with. "Consumer loans, by contrast, have grown 0.2 per cent, or $1.7bn."
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