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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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  • 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.
  • 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”.
  • 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
  • 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

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.
  • 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.
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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.
  • 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.
  • 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.
  • 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
  • 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
  • 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.
  • 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

The Military-Industrial Jobs Scam | naked capitalism - 0 views

  • despite defense contractor claims to the contrary, increased military spending has been accompanied by job losses in the US
  • the contracting fraud results in US taxpayers paying way more than it would have cost for US personnel to do the work…with the added insult that the tasks were performed by locals for a pittance
  • the Trump administration has stopped at nothing to push the argument that job creation is justification enough for supporting weapons manufacturers to the hilt. Even before Donald Trump was sworn in as president, he was already insisting that military spending was a great jobs creator. He’s only doubled down on this assertion during his presidency. Recently, overriding congressional objections, he even declared a national “emergency” to force through part of an arms sale to Saudi Arabia that he had once claimed would create more than a million jobs. While this claim has been thoroughly debunked, the most essential part of his argument — that more money flowing to defense contractors will create significant numbers of new jobs — is considered truth personified by many in the defense industry
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  • When contractors receive more taxpayer money, do they generally create more jobs? To answer it, we analyzed the reports of major defense contractors filed annually with the U.S. Securities and Exchange Commission (SEC). Among other things, these reveal the total number of people employed by a firm and the salary of its chief executive officer. We then compared those figures to the federal tax dollars each company received, according to the Federal Procurement Data System, which measures the “dollars obligated,” or funds, the government awards company by company
  • In 2012, concerned that those caps on defense spending would cut into their bottom lines, the five top contractors went on the political offensive, making future jobs their weapon of choice. After the Budget Control Act passed, the Aerospace Industries Association — the leading trade group of the weapons-makers — warned that more than one million jobs would be at risk if Pentagon spending were cut significantly. To emphasize the point, Lockheed sent layoff notices to 123,000 employees just before the BCA was implemented and only days before the 2012 election. Those layoffs never actually happened, but the fear of lost jobs would prove real indeed and would last.
  • Pentagon spending was actually higher in 2018 than in 2012
  • From 2012 to 2018, overall employment at Lockheed actually fell from 120,000 to 105,000, according to the firm’s filings with the SEC and the company itself reported a slightly larger reduction of 16,350 jobs in the U.S. In other words, in the last six years Lockheed dramatically reduced its U.S. workforce, even as it hired more employees abroad and received more taxpayer dollars
  • where is all that additional taxpayer money actually going, if not job creation? At least part of the answer is contractor profits and soaring CEO salaries. In those six years, Lockheed’s stock price rose from $82 at the beginning of 2012 to $305 at the end of 2018, a nearly four-fold increase. In 2018, the company also reported a 9% ($590 million) rise in its profits, the best in the industry. And in those same years, the salary of its CEO increased by $1.4 million
  • From 2012 to 2018, the unemployment rate in the U.S. plummeted from roughly 8% to 4%, with more than 13 million new jobs added to the economy. Yet, in those same years, three of the five top defense contractors slashed jobs. In 2018, the Pentagon committed approximately $118 billion in federal money to those firms, including Lockheed — nearly half of all the money it spent on contractors. This was almost $12 billion more than they had received in 2012. Yet, cumulatively, those companies lost jobs and now employ a total of 6,900 fewer employees than they did in 2012, according to their SEC filings.
  • In addition to the reductions at Lockheed, Boeing slashed 21,400 jobs and Raytheon cut 800 employees from its payroll. Only General Dynamics and Northrop Grumman added jobs — 13,400 and 16,900 employees, respectively — making that total figure look modestly better. However, even those “gains” can’t qualify as job creation in the normal sense, since they resulted almost entirely from the fact that each of those companies bought another Pentagon contractor and added its employees to its own payroll
  • “the aerospace and defense (A&D) sector scored record revenues and profits in 2018” with an “operating profit of $81 billion, surpassing the previous record set in 2017.” According to the report, Pentagon contractors were at the forefront of these profit gains. For example, Lockheed’s profit improvement was $590 million, followed closely by General Dynamics at $562 million. As employment shrank, CEO salaries at some of these firms only grew. In addition to compensation for Lockheed’s CEO jumping from $4.2 million in 2012 to $5.6 million in 2018, compensation for the CEO of General Dynamics increased from $6.9 million in 2012 to a whopping $20.7 million in 2018.
  • weapons-making outfits spend more than $100 million on lobbying yearly, donate tens of millions of dollars to the campaigns of members of Congress every election season, and give millions to think tanks annually
  • research has repeatedly shown that, even with this supposed “multiplier effect,” defense spending produces fewer jobs than just about anything else the government puts our money into. In fact, it’s about 50% less effective at creating jobs than if taxpayers were simply allowed to keep their money and use it as they wished
  • As Brown University’s Costs of War project has reported, “$1 billion in military spending creates approximately 11,200 jobs, compared with 26,700 in education, 16,800 in clean energy, and 17,200 in health care.”
  • not only are the green energy and education areas vital to the future of the country, they are also genuine job-creating machines. Yet, the government gives more taxpayer dollars to the defense industry than all these other government functions combined.
  • Reports from the industry’s own trade association show that it has been shedding jobs. According to an Aerospace Industries Association analysis, it supported approximately 300,000 fewer jobs in 2018 than it had reported supporting just three years earlier
  • add to their army of lobbyists, their treasure trove of campaign contributions, and those think tanks on the take, the famed revolving door that sends retired government officials into the world of the weapons makers and those working for them to Washington
  • since 2008, as the Project On Government Oversight’s Mandy Smithberger found, “at least 380 high-ranking Department of Defense officials and military officers shifted into the private sector to become lobbyists, board members, executives, or consultants for defense contractors.” 
Ed Webb

The Hidden History of the Nutmeg Island That Was Traded for Manhattan - Gastro Obscura - 0 views

  • For the Dutch, securing a nutmeg monopoly was worth giving up Manhattan. The tradeoff was likely a no-brainer, given the lengths they’d already gone to corner the market. In 1621, Dutch East India company officials committed genocide against the uncooperative local Bandanese people, and enslaved those who survived, just to remove one obstacle to their monopolistic dreams.
  • Manhattan soon developed into a cosmopolitan trade center. The Bandas, meanwhile, turned into a single-purpose, slave-driven plantation economy. As transatlantic trade and American commerce boomed, so did Manhattan. As nutmeg’s value eventually collapsed, so did the Bandas’ economy.
  • Rather than simply sitting on a precious resource, the Bandanese were expert traders who cornered the nutmeg market. After the Europeans’ arrival, they repelled and vexed these intruders for over a century. Even after a brutal and openly genocidal campaign laid them low, they did not vanish from history, but slipped to the peripheries of Dutch control to run new trading operations and organize a bit of nutmeg smuggling. Their regional trade dominance outlasted the colonial nutmeg craze. At least two Bandanese villages survive to this day, carrying on old traditions on the nearby Kei Islands.
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  • starting at least around the time of Christ, the Bandas acted as a vital entrepot for trade in bird of paradise plumes and other luxuries from Papua to China and ports in between. The Bandanese were master navigators, whose knowledge of the paths to, and ties with locals in, the nodes at the ends of this network made them wealthy. By the time the Europeans arrived, they lived in autonomous villages, each run by by Orang Kaya, a Malay word meaning “rich men,” which competed with each other, often in federations, for trade power.
  • they quickly became the key port for the nutmeg trade, frequented by Chinese, Malay, Javanese, and (by the 15th century) Arabo-Persian merchants, whose accounts inspired European dreams of the spice islands
  • Bandanese-European conflict finally boiled over in 1621, after the Dutch forced the English to functionally abandoned their claims in the islands. Jan Pieterszoon Coen, the man in charge of Dutch East India Company operations in the region, decided to test out his theory that the nutmeg trade would be easier to control if the Dutch could clear out the Bandanese and replace them with Company-linked settlers. He found a pretext to attack Banda Besar, the largest island and a hotbed of resistance, with 1,600 Dutch troops, 80 Japanese mercenaries, and some regional slaves, the largest force (to our historical sources’ knowledge) ever seen in the region. Despite fierce resistance, they swarmed the island, cut deals with local defenders-turned-defectors, and took it within days. In response to subsequent guerilla strikes, Coen’s Japanese mercenaries beheaded and quartered 48 Orang Kaya who came to his stronghold to surrender, and displayed their body parts on bamboo sticks. His troops then scourged the islands, burning villages and enslaving almost 800 people, who were mostly sent to Batavia, a trade center on Java. Many Bandanese reportedly jumped off cliffs rather than surrender.
  • By the end of this Banda Besar campaign, Dutch records indicate that—out of a pre-conflict population of about 15,000 in the year 1500—only 1,000 to 2,000 Bandanese remained across all 11 islands.
  • Even after the Dutch took total control in the region, Bandanese trade networks remained vital to their local economies well into the 20th century. To this day, some people who claim Bandanese descent are still reportedly accorded a high social status in the region thanks to their historical role as high-powered, economically vital traders.
  • On Kei Besar, though, the biggest island in the Kei chain, just under 5,000 people in two villages, Elat and Eli, some of the best ports in the region, still speak the Bandanese Turwandan language, practice Bandanese Islam, make Bandanese pottery (a unique, valued trade good until well into the 1990s), trade along Bandanese networks, sing Bandanese songs, and sail regularly to the Bandas to affirm their heritage and perform rites. “When the Bandanese speak of colonial events” today, says Kaartinen, “they refuse to be cast as victims or refugees.”
  • Research by the Australian anthropologist Phillip Winn shows that most of the more than 18,000 people in the Bandas today acknowledge that they come from many different lands, but still believe that they are legitimately Bandanese. They perform rituals that they believe have roots in ancient Bandanese practices to affirm that identity, and speak of pre-colonial Bandanese history as their own.
  • In 1982, locals in the Bandas also took over the state-owned nutmeg growing enterprise, which still made up a major part of the local economy. They split the groves equally among local families, building collectives that buy from harvesters, then sell nutmeg on to external interests. This, speculates American anthropologist Amy Jordan, seems like a return to pre-colonial cultivation. If so, it is a compelling coda to an incredible history of ingenuity and resistance.
Ed Webb

How Brexit marks the end of the British story | Latest Brexit news and top stories | Th... - 0 views

  • The pride and pomp of the British in the heyday of empire did not last long. Two world wars impoverished the country and destroyed its empire. (Our 'special relationship' with the USA consisted in getting desperately needed aid during the Second World War in return for a promise to dismantle the empire. Even if the UK could have maintained the empire, which it could not, as proved by Suez, it in effect traded the empire for survival in the 1940s.)
  • Entry to the EEC/EU saved the country's economy and saw it flourish, and offered a new and significant role as one of the big three states in one of the big three blocs in the emerging new post-Cold War world, alongside the USA and China
  • the innate fragility and dysfunction of the UK's outdated and ramshackle constitutional order. The uncodified constitution - 'a series of understandings that no-one understands' - is very convenient for any party that commands a majority in the House of Commons, because they can do whatever they like, always getting their agenda enacted and controlling the business of the House of Commons itself.
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  • There was no other reason for having such a referendum; it was purely an internal Tory party affair
  • The circumstances of the 2016 referendum, its nature, and its consequences, have multiple causes that jointly led to the stupefying mess in the country and its political and constitutional order that we are now in. The Eurosceptics made good use of these other factors
  • the policy from 2010 of austerity and the resulting large and rapid increase in inequality, which affected some areas of the country and economy much more drastically than others
  • a series of bad mistakes and misjudgements by David Cameron and Ed Miliband, the leaders of the two main parties
  • the quality of MPs after decades in the EU. Membership of the EU brought a degree of general consistency and equilibrium to the economies and states of the member nations, even taking into account the misguided austerity policies after 2010 in the UK itself. This has lessened the temperature of political debate in the UK, premised as it is (unlike most other EU countries) on a deeply adversarial style of politics. Before joining the EEC the UK was a theatre of intense struggles between left and right, socialism and capitalism, managements and unions, a pervasive 'us and them' mentality infecting every major decision.That moderated, with a more temperate tone entering politics in the period between the end of Thatcher and the post-2010 coalition. But as a result, politics became somewhat less attractive to energetic, clever and ambitious people, with the result that - with some extremely honourable exceptions - the general quality of MPs is not nearly what it was.
  • Banal careerism, the unchallenged sway of the party whips, unthinking sound-bite ideas as the staple of political discourse, the fact that literally hundreds of MPs in the Tory party can support a profoundly unfit person such as Boris Johnson in the office of prime minister - this is a mark of serious decline in quality of those elected to the legislature.
  • British self-congratulation in the first decade of the 21st century had given a group of people in our political order - a fifth column from the past - the feeling that now was the time to reassert what they mythologised as the spirit of Britain in Queen Victoria's diamond jubilee
  • no separation of powers between the legislature (parliament) and executive (the government - meaning, the cabinet and prime minister)
  • Instead of holding the government to account, therefore, parliament is in effect the creature of the government, and does what the government wants.
  • "elective tyranny"
  • The clique controls the executive, the executive controls parliament, parliament is absolute in its powers: The clique is the tail that wags the entire dog.
  • when people of lower quality, less integrity, less intelligence and less honour populate these offices of state, danger looms. And that danger has burst upon us in the form of Brexit.
  • One of the major scandals of the 2016 referendum is that its outcome has never been debated in parliament. The question, 'Shall we take the advice of 37% of the electorate to take an enormous, uncosted, unplanned and unpredictable step?' has never been debated and voted upon in our sovereign state body.
  • our hopelessly undemocratic first past the post electoral system lies at the rotten core of these arrangements. It disenfranchises the majority of voters, turning them off politics. It puts majorities into the House of Commons on minorities of the popular vote. It entrenches two-party politics, in which elections produce one-party government by turns - with the foregoing 'elective tyranny' resulting. It is a mess, and reform is urgently needed.
  • there is a huge clean-up operation required in our political and constitutional order, in addition to addressing the serious inequalities and injustices in our economy and society
  • We in the UK have skated on very thin political and constitutional ice for a long time; the wealth and prestige of empire, the nostalgic dream it left behind, the self-deceptions and illusions of those who could not see how good a future was developing for us as a leading nation in Europe, made us unaware of the danger. We have fallen through that ice, and the bitterly cold waters we now flounder in must at last wake us up.
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

UK riots were product of consumerism and will hit economy, says City broker | Business ... - 0 views

  • the rioting reflects a deeply flawed economic and social ethos… recklessly borrowed consumption, the breakdown both of top-end accountability and of trust in institutions, and severe failings by governments over more than two decades
  • an over-consuming west has borrowed and spent the surpluses of the increasingly productive and under-consuming East
  • Saving needs to be encouraged, and private investment needs to be channelled into asset creation, not asset inflation
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  • material values are only for the rich. The poor should get religion, etc. Marx understood the issue
  • Surprised it is from a City firm, especially one that encouraged its employees to leave the UK to avoid the 50% tax on bankers bonuses in 2009/2010. Now they are calling for more public investment
  • Blimey! What a terrible shock. Looting the result of consumerism, excessive advertising and a me-me-me society! I wouldn't have been able to work that out for myself. Two and a half cheers for Thatcher's 'There is no such thing as society. There are individuals and there are families.' So, we are now reaping the benefits of the legacy of the Thatcher/Reagan years. But how do we reverse a whole generation's worth of incredible greed, selfishness and vaingloriousness?
  • The full note isn't about the riots, it's more some ideas for reforming the UK economy. Ideas like investment to create assets rather than creating asset price inflation are valid, the same for the need for widespread public investment in infrastructure and housing.It's all useful for discussion, reflection and analysis but I expect the messenger to get shot to pieces in the comments below.
  • it has often struck me as ironic that on a planet of presently limited usable resources the measure of individual success is the one who can afford to consume the most. if a group of people were shut in a room with a finite supply of food and a choice of who stayed in the room i imagine that the individuals who were able to consume the least would be the preferred choice of companions.
  • The overall pattern has been that an over-consuming West has borrowed and spent the surpluses of the increasingly productive and under-consuming East.Increasingly productive East because Western CEO's have shifted production there to take advantage of cheap labour for short term profit.The West took centuries to build its wealth but this wealth has been given away in only a couple of decades by the process of globalisation. So far, the CEO's of big organisations have got away without being blamed for the disastrous globalisation process but I hope if we're going to examine causes of social malaise, that sooner rather than later, we turn the spotlight on their incredibly short term personal 'cashing in' at the expense of us all.
Ed Webb

Colonialism can't be forgotten - it's still destroying peoples and our planet | openDem... - 0 views

  • Colonialism was, and remains, a wholesale destruction of memory. Lands, the sources of identity, stolen. Languages, ripped from mouths. The collective loss to humanity was incalculable, as cultures, ideas, species, habitats, traditions, cosmologies, possibilities, patterns of life, and ways of understanding the world were destroyed. Countless ecological traditions – involving diverse ways of being with nature – were swept away.
  • As formal colonialism came to an end, the process of erasing its crimes from public memory and effacing history began
  • In the last decades of the 19th century, tens of millions of Indians died of famine, while British colonial policy forced the country to export record levels of food.  If their bodies were laid head to foot, the corpses would cover the length of England 85 times over (5). The evisceration of the Congo, designed to extract maximum levels of ivory and rubber, killed at least 10 million people – half the country’s population at the time
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  • The fortunes made from metals, slave trading, and plantation commodities, served as direct stimuli to colonial economies, helping to bankroll the Industrial Revolution
  • Colonialism reconfigured the world economy. India’s share of the global economy shrank from 27 per cent to 3 per cent. China’s share shrank from 35 per cent to 7 per cent. Europe’s share exploded from 20 per cent to 60 per cent
  • Colonialism’s ledger of lavish of destruction – its wholesale removal of ecosystems, and the subjugation of those communities that had nourished them – unleashed major rises in emissions. Between 1835 and 1885, deforestation in the territories of the United States was the largest global contributor to emissions
  • Political ecologist Jason Moore argues that ‘the rise of capitalist civilization after 1450, with its audacious strategies of global conquest, endless commodification, and relentless rationalization’, marked ‘a turning point in the history of humanity’s relation with the rest of nature, greater than any watershed since the rise of agriculture and the first cities’
  • Its legacies endure today in colonial complexes that underlie our visions of nature, and other humans. Economically, its inheritance was the naturalization of a model of intense cost-shifting, which allowed for states to offload resource-consuming industries, and the costs of ecological damage
  • Once the industries had been externalized, resources could be extracted with scant attention paid to the environmental consequences.
  • Colonialism also firmly shaped the ways we view conservation and ecology. Colonial efforts to protect nature, particularly popular at the end of the nineteenth century, became further opportunities for colonial control. Inhabitants were removed from areas of ‘pristine nature’ that then became national parks, while lands outside these were devoted to intensive extraction
  • although imperial states were forced to relinquish their hold, their legacies prevailed. Centuries of enslavement, despotism, crushed sovereignty, and ecological demolition, had guaranteed a long afterlife to imperial haunting, and its logics of conquest and predation. Many of the new nation states carried on down tracks laid for them by the colonial powers and continued the process of ecological destruction. Under the banners of development, thousands of communities were evicted and displaced in development programmes
  • Deforestation took hold across former colonies
  • Today’s world is a landscape scarred by environmental violence: the monocultural soybean fields of Brazil’s Mato Grosso; the modern gold rushes of Madre de Dios and Zamfara; the vast tar-sands ponds of Canada; the forest-consuming coal mines of Kalimantan; the megadams of the Mekong Delta; the rivers dredged to yield sand; the phosphate mines of Western Sahara; the palm plantations of Tela; the bauxite mines of Guinea; the mesh of pipelines across the Niger Delta; the sugarcane fields of Uttar Pradesh.
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.
  • 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.
  • 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.
  • 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.
  • 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

Adam Tooze on World Order, Then and Now - ChinaTalk - 0 views

  • if you're dealing with a bunch of herbivorous Social Democrats, they'll take you in one direction and you'll end up with a welfare state and full employment, but if their same knowledge is in the hands of a group of nationalist militarists, what you've really provided them with is the blueprint for highly efficient mobilization of a military economy in times of peace. So deep in the heart of neoliberal thought and conservative thinking about the modern state and its potential lies a fear of that possibility.
  • China’s not the Soviet Union, China's not fascist Italy, China's not Nazi Germany. The growth of China is a phenomenon that dwarfs all of those previous developments and has to be understood on the timeframe that was laid out for us by the economic data of somebody like Angus Maddison, who shows us global GDP all the way back to the birth of Christ. All the way through the beginning of the 19th century, the Asian economies actually dominate once you've adjusted GDP by purchasing power parity and so on.
  • It's tempting to say, is there anyone in the United States that could play the role of the British elite after World War One? But America's position of dominance was vastly greater than that ever by enjoyed the British so the psychological challenge of accepting this transition is far greater. And, of course, in key respects America remains an absolutely dominant player, most notably with regard its hard power, its weapons, but also in certain respects with regard to its financial centrality.
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  • he has one of the most hard-nosed answers to liberalism. He insists upon understanding politics as a distinction between friend and foe, friend and enemy. He insists that legal orders have real foundations in space and in power, in the taking of a territory, fundamentally. That they therefore have limits and necessarily have limits, that they define insiders and outsiders. That structures which are truly comprehensive threatened to emerge in the course of the 20th century
  • properly understood liberalism clearly isn't premised on the absence of the state, its premised on a well-ordered set of relationships between individuals, the law and various types of representation. That structure is not necessarily robust if economic power becomes monolithic. There are ways of taming that by way of corporatism, in which you have an organized representation of economic interests. But you can also imagine systems in which it can become a sort of destructive set of flywheels of extremely explosive dynamics of gigantic interest groups contending with each other more or less in an unmediated direct form interest on interest.
  • a clash within the one-party state of different interests, of agglomerations of technology and capital, of different party factions
  • It's quite difficult to describe the Chinese regime in categories that are at all familiar without reducing it hopelessly and just failing to recognize its complexity
  • This sort of apocalyptic thinking of a history that's going to end with some sort of big bang, or some terrible ghastly discreditable whimper, rather than just facing up to reality in which the world is different and America's position is not what it was in 1945. Which is not after all the end of the world.
  • there are deeply intelligent, obviously brilliant political and legal theorists working in China, trying to articulate and make sense of the logic of this emerging power. One of the sources that they go to – and this has emerged from the tireless work of many translators of recent Chinese political writing and international relations thought is -- is a German political and legal theorist called Carl Schmitt.
  • what does monopoly do and what do oligopolistic structures do to the domestic political structure?
  • you can immediately see why Chinese scholars seized on precisely this logic for thinking through the emergence of Chinese power in the context of what they would diagnose as American empire
  • they also see in Schmitt a theorist of China's own potential empire, a zone of influence and power that would create its own structures of incorporation, its own norms. Given from China, defined by China, set and ultimately rooted in Chinese power, radiating out from East Asia, encompassing other states.
  • “One Nation, Two Systems” was precisely a kind of Schmittian vision of an overarching Chinese empire, with the pluralism that's contained within that. Safely contained with the acknowledgement that this is about China, under the leadership and the hegemony of the CCP, tolerating two systems. Of course, that isn't what we're seeing
  • It seems to me that there could be a horrifying originality to what they're doing. After all the tech dimension of what China's able to do now in terms of surveillance is beyond the wildest dreams of any previous authoritarian regime.
  • It too easily slides out of consciousness that the Chinese regime undertook what Foucauldians would call one of the most grotesque, grandiose, and very violent political experiments in history, the one-child policy. It pursued that towards the Han population. That it’s then also capable of taking those kinds of techniques and applying them to resistant population like the Uighurs or Tibetans or the Mongolians, I don't think it’s surprising. It's the same toolkit. In the eighties, it was ferocious in its intrusiveness, monitoring women's menstrual cycles, forced abortions. This stands alone. No one's ever done that before on that scale. It’s quite mind-blowing and too easily consigned to the history books.
  • Perhaps the common denominator is simply control and this being a matter of the highest possible political stakes. Not to be able to control this virus would be a far more serious blow to the prestige and legitimacy of a regime which has those kinds of pretensions than it is to the Trump administration in the U.S., which in the end just shrugs
  • We were fought to a stalemate in Korea. Vietnam was a debacle. And one of the key anchors of the ultimate demise of Soviet Union is, after all, an alliance with China. And in 1989 at the moment, as it were, where the chips are falling and the Warsaw pact is disintegrating in Eastern Europe, we have Tiananmen Square, the Communist Party basically giving notice that this regime change will not extend to them.
  • I think that ought to force us to reconsider this notion that the Cold War ended with us winning as it did in Europe. It didn't in Asia, and Korea feels the force of that, Japan feels the force of that, and the United States is now coming to terms with it too.
Ed Webb

By Ignoring Racism and Colonialism, Mainstream International Relations Theory Fails to ... - 0 views

  • Beginning with its creation as an academic discipline, mainstream IR has not been entirely honest about its ideological or geographic origins. It has largely erased non-Western history and thought from its canon and has failed to address the central role of colonialism and decolonization in creating the contemporary international order.
  • the international processes through which race and racial differences have also been produced.
  • The history of the modern state system, as it is often taught, focuses on the impact of the American and French Revolutions in the late 18th century. However, this is precisely the period of colonial expansion and settlement that saw some European states consolidate their domination over other parts of the world and over their populations, who came to be represented in racialized terms.
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  • the so-called modern state—which, then, is imperial as much as national. The racialized hierarchies of empire defined the broader polity beyond the nation-state and, after decolonization, have continued to construct inequalities of citizenship within states that have only recently become national.
  • Scholars and practitioners of international relations must take seriously the colonial histories that were constitutive of the formation of modern states
  • it is clear that many pre-colonial African polities’ activities had important international implications
  • democratic governance from India to South Africa to the American South has emerged principally through the activism and agency of subaltern populations—those subjected to the hegemony of a more powerful class or group, especially colonial subjects, and those victimized by anti-Black racism and other forms of discrimination.
  • race almost always operates in conjunction with other categories—such as caste, class, civilization, and, in today’s context, the racialized Muslim. The challenge for IR is to find a new language that is not confined to just one master concept or one corner of the world.
  • The subalterns have had to rectify the contradictions of global liberalism by transforming the idea of freedom for some into the practice of freedom for all.
  • there is no historical evidence that Western presence has ever enhanced the well-being of the previously colonized world. It took me a solid decade—and exposure to post- and decolonial approaches—to change my doctoral research question from: “When do Western actors not show up?” to “Should they be there in the first place?”
  • International relations that do not reproduce the logic of colonialism must instead engage with ideas of repair, dignity, and even retreat.
  • Taking the problem of racism seriously in the field of IR means viewing it not merely as an issue of stereotypes or cultural insensitivities, but as a colonial technology of life and premature death built on ideologies of whiteness and white supremacy
  • the global subalterns and historically marginalized peoples are the ones who have pushed the international system to adopt whatever level of democratic governance exists
  • The scholarly imperative is to study and question the current international system built on racial capitalism, and to imagine alternatives
  • IR was born in the age of empire, and for the first few decades of its history it was explicitly occupied with questions of colonial administration and the justification of racial supremacy
  • Race was often viewed as the basic unit of politics—more fundamental than state, society, nation, or individual.
  • Though the most extravagant versions of Anglo-utopianism were exhausted by the mid-20th century, the idea that the “English-speaking peoples” are destined to play a leading role in shaping world politics has proved remarkably durable. It has resurfaced in assorted conservative visions of the so-called Anglosphere and in projects for reorienting Britain’s post-Brexit foreign policy.
  • the majority of what students read about in IR continues to be written by a minority of the world’s people. The presumption that all worthwhile ideas originated in the West is not only exclusionary but false
  • Feminist foreign policy often allows wealthy countries to focus attention on the plight of women in countries with developing economies. Wealthier countries, or developed economies, then position themselves as being better placed to respond to the challenges around gender discrimination.
  • A country with a feminist foreign policy often invokes its own experiences as good practice elsewhere. Yet gender discrimination is universal, and often members of minority groups within the developed economies are significantly disadvantaged by endemic racism and xenophobia
  • A different way of doing foreign policy that is people-led rather than state-led and emphasizes solidarity over interest is the only means toward justice for all.
  • what the world is witnessing today could be the third phase of cultural encounters. The pretention of Western culture to universal validity is being challenged from the angles of cultural relativism (what is valid in one society in the West was not valid in another); historical relativism (what was valid in the West at the beginning of the 20th century was not valid in the West at the beginning of the 21st); and empirical relativism (the West often failed to live up to its own standards, and occasionally those standards were better met by other societies).
  • This is the era of the West on the defensive.
  • The COVID-19 pandemic and the global protests against police brutality demonstrate that, first, the challenges to humanity transcend the territoriality of the state and the parochialism of race and, second, a transnational, if rudimentary, convergence of political sensibilities may be emerging at the grassroots level. For many around the world, the moral disease of racism needs to be confronted as vehemently as the physical disease now sweeping around the globe.
  • shared sensibilities could, in the long run, become a catalyst for something bigger: the creation of a truly global village that is based not on cultural hierarchy but on what Mazrui called cultural ecumenicalism—a combination of a global pool of achievements with local pools of distinctive innovation and tradition
Ed Webb

Tom Stevenson · Empires in Disguise · LRB 4 May 2023 - 0 views

  • The great powers of the present were the great continental empires of the 18th and 19th centuries. The borders of Russia today are similar to those of the Russian empire in the 1750s. The territory of modern China largely resembles that of the Qing empire in 1760, the main difference being the loss of Mongolia. The United States approached its current mainland form in the 1880s. This may be an age of states, but some of them are so big that global politics is for the most part still a game for subcontinental powers.
  • After 2800 bcE there was never again a time without an empire of some sort, and after 600 bcE one or more of them always controlled an area of at least 2.5 million square kilometres. After 1600 CE the figure increased to at least ten million square kilometres: about the size of the US or China today.
  • In 19th-century Europe the ratio between the population of the greater and lesser states was about ten to one. Today the ratio between the population of India or China and the average small member of the United Nations is closer to forty or fifty to one.
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  • The largest states in the world have the scale of empires but, Roberts suggests, they are a new breed. They are ‘superstates’, distinct from their neighbours ‘by expanse of territory, number and diversity of people, and social and economic complexity’. They aren’t quite empires and they aren’t all superpowers. Instead they represent a more recent development in a linear history: ‘The age of empires gave way to the age of states and next to the age of superstates.’
  • The main problem with the four superstate model is what to do about Russia. Roberts excludes what is territorially the biggest state in the world from his quadrumvirate because its population has collapsed and its economy is much smaller than that of the US, China or the EU. But India’s economy, too, is dwarfed by the others.
  • The EU has the dual distinction of being the only polity that is regularly referred to as a superstate and the only one that arguably shouldn’t be considered a state at all. Its economic power in the global system is undeniable, but in every other sense its power is much less certain. The EU’s formal structure, which seems to embody both postmodern technocratic management and premodern oligarchy, evades comparison
  • om Nairn argued that the EU suffers from a condition that also characterised the pre-First World War multinational empires: uneven development generates subtle forms of nationalist resistance which frustrate supranational designs. The EU has a fearsome border control agency, Frontex, but no central security apparatus. Can you have a superstate without an army, or rather an army of one’s own? The only centralised pan-European army is that of the United States, which has around a hundred thousand military personnel deployed across Europe.
  • The geographical division of the country remains an operative reality for alchemical electioneers, but talk of geographical divisions also serves as a convenient distraction from class divisions. Both Republican and Democratic administrations have talked of small government while increasing federal spending and the number of federal employees. But since the late 1970s they have succeeded in transferring trillions of dollars from the poor to the rich. One problem with calling the continental US a superstate is that it deliberately erases US overseas possessions – Guam, Puerto Rico etc. Another is that it distracts from the fact that so much of the energy of the US state apparatus is involved in its global posture.
  • Roberts stresses that empires need to justify themselves with a noble creed, both to propagandise to conquered peoples and to bolster the self-delusion of elite cadres. It’s easier to assert yourself if you’re convinced you’re bringing either civilisation or salvation.
  • All today’s superstates exhibit a resurgence of something like nationalism. China has Xi Jinping thought, India has Hindutva, US presidents will make America great again and the EU, according to Josep Borrell, is a garden surrounded by perilous jungle
  • Superstates or no, the five largest economies in the world are all either currently involved in a war, rearming, or making preparations.
Ed Webb

The Grenfell Tower Fire Was Part of Britain's Colonial Legacy - 0 views

  • As the tower which took Field Marshall Grenfell’s name was being completed in 1974, the empire he had helped build was in the final stages of its collapse. The countries where he had served, fought, and killed to enforce British control were finally freeing themselves of their colonisers and becoming independent nations.
  • a global clash of economic interests: between those from the newly independent states who wanted great state control of businesses, and those from the former colonial masters who wanted to ensure these new governments could not disrupt the flow of goods and profits along the old imperial lines.
  • The new global economy was deregulated, and a new philosophy took control: states should not interfere in the market; they must remove regulation and allow business to thrive
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  • Such was the belief in this new economic model that Thatcher and her allies also ensured it was imposed in the UK. Sweeping acts of privatisation and deregulation transformed this country’s economy, and buried in the long list of changes was a small footnote: when the construction sector was deregulated in 1984, a longstanding restriction was lifted preventing the use of combustible materials on the walls of tall buildings.
  • why had so many people from around the world arrived in the UK and found themselves consigned to lower paid jobs which required reliance on social housing? Part of the answer is, of course, the British Empire.
  • of the 68 Grenfell residents killed (four of the victims were visitors), only 11 were white (a mix of British, Irish, Portuguese, Spanish, and Italian victims).
  • on 14 June 2017, Grenfell Tower—a building named after a former colonial leader—was covered in combustible plastic and filled with a community who traced their family or personal history back to countries conquered by Britain in the two centuries before. Race has repeatedly been described by lawyers acting for bereaved families at the Grenfell Tower Inquiry as ‘the elephant in the room’. This is true—but it is also empire.
  • six of the victims were either Egyptian or of Egyptian descent, meaning they died in a tower bearing the name of the British army commander who had led a force which had invaded and then controlled and plundered their ancestors’ home
  • if you turn over the stones of many stories about Britain today it is not long before you find the legacy of our imperial history
  • to acknowledge imperial history and its ongoing legacy is not to be disrespectful—it is merely to tell the truth
Ed Webb

Caribbean Nations to Seek Reparations, Putting Price on Damage of Slavery - NYTimes.com - 0 views

  • In a 2008 biography he wrote of an antislavery campaigner, Britain’s foreign secretary, William Hague, described the trade in human beings as an indefensible barbarity, “brutal, mercenary and inhumane from its beginning to its end.” Fourteen Caribbean countries that once sustained that slave economy now want Mr. Hague to put his money where his mouth is. Spurred by a sense of injustice that has lingered for two centuries, the countries plan to compile an inventory of the lasting damage they believe they suffered and then demand an apology and reparations from the former colonial powers of Britain, France and the Netherlands.
  • Britain has already paid compensation over the abolition of the slave trade once — but to slave owners, not their victims. Britain transported more than three million Africans across the Atlantic, and the impact of the trade was vast. Historians estimate that, in the Victorian era, between one-fifth and one-sixth of all wealthy Britons derived at least some of their fortunes from the slave economy.
  • Caribbean nations argue that their brutal past continues, to some extent, to enslave them today. “Our constant search and struggle for development resources is linked directly to the historical inability of our nations to accumulate wealth from the efforts of our peoples during slavery and colonialism,” said Baldwin Spencer, prime minister of Antigua and Barbuda, in July this year. Reparations, he said, must be directed toward repairing the damage inflicted by slavery and racism.
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  • The current French president, François Hollande, conceded last year that France’s treatment of Algeria, its former colony, was “brutal and unfair.” But he did not go so far as to apologize.
  • Some Caribbean nations have already begun assessing the lasting damage they suffered, ranging from stunted educational and economic opportunities to dietary and health problems
  • “Reparation may be awarded only for what was internationally unlawful when it was done,” Dr. O’Keefe said, “and slavery and the slave trade were not internationally unlawful at the time the colonial powers engaged in them.”
Ed Webb

Why the history of the vast early America matters today | Aeon Essays - 0 views

  • A more capacious geography for early America, and deeper research in both slavery studies and Native American history, are showing not only a more complex era but much more connection among seemingly remote people, places and phenomena.
  • In recent decades, historians have revealed a much more complex, Atlantic and globally connected, fully continental and foundationally Native, multi-imperial history. Not only is what we know about this period fuller and richer, but the way that research insights are coming together now informs a very different picture of early America – and thus of the nation’s foundations and development.
  • A turn to Atlantic history produced a wealth of studies on the dynamic economic, political and religious developments that revealed the ocean to have been an early modern commercial highway, powered by the Atlantic slave trade.
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  • The late historian David J Weber and other Borderlands scholars have shown the relative weakness of the Spanish compared with the Indigenous people of the southwest. In 1680, for example, after a century of missions, settlement and violence, the Pueblo drove thousands of settlers out of the province of Santa Fe de Nuevo México and killed hundreds more. These were peoples who had lived in their lands for centuries, even after the arrival of Europeans in the Western hemisphere, and only in the 19th century did ‘Mexico’ and ‘the United States’ take shape around them.
  • a crucial piece of research infrastructure for early American history, as well as the related histories of South America, Africa and the Caribbean
  • there are also new ways to see subjects and people that had always been understood as inherently Atlantic, particularly the slave trade, slavery and enslaved people. Scholars engaging these vitally important subjects involving violence inflicted on millions of people have innovated both new methods and new resources. The Trans-Atlantic Slave Trade Database, for example, began to be shared with libraries and scholars all over the world in the late 1990s as a CD-ROM. Now Slave Voyages, a website containing information from that database, holds information on more than 36,000 individual slaving expeditions conducted between the early 1500s and the mid-1800s, as well as in addition thousands of trips in the intra-American slave trade.
  • The persistence of Indian power from the vantage of Indian country has now captured the attention of a new generation of historians. This is a change from scholarship looking to understand how colonial officials and settlers had wrested control of North American spaces – or perhaps shared control
  • Research is also showing just how deeply embedded slavery was in early New England. Households from Puritan Boston to Connecticut River Valley towns to the Patriot strongholds enslaved African-descended people. The Atlantic slave trade was massive in scale: many millions of African-descended people were enslaved, and so many people were directly involved in the trade as buyers and sellers of human beings that it is hard to overstate the extent to which slavery pervaded the political economy of early America. What people ate, what they wore, where they lived and how they worked were, in most cases, all touched by the effects of the slave trade and the labour of enslaved people.
  • The slave trade reshaped Native warfare and captive-taking, such that Native Americans were enslaved and traded away out of North America, just as Africans were brought on to the continent. In the aftermath of King Philip’s war, for example, hundreds of Native Americans who surrendered to the English colonists were sold to the Caribbean as slaves. In the upper Midwest and French Canada in the same period, Native warfare ended up providing captives to the Europeans eager to buy, trade and sell Native people into slavery. In short, the enslavement of Native Americans was responding to the plantation economy fuelled by the enslavement of Africans.
  • how were Native Americans counted in that first census? It’s hard to say. Some of the regions where the census was incomplete were places with more Native people. Some argued that the sovereignty of Native Americans placed them outside the census. And in places where we know there were Native Americans, such as New England, where a rhetoric as well as a policy of erasing their existence was well underway, they might have been counted in the category of ‘other free persons’ or in some cases, ‘slaves’.
  • Historians do not typically think of their research in this way; our research reveals the world as it was, before we knew what it would become. Perhaps this also means that historians often seem to be working at odds to the needs of the nation. Certainly in the US, research historians have been delivering a very different picture of the American past than official commemoration, monuments and the appetite for popular history suggest that the American public wants. What is on the shelves or bestseller lists is decidedly not what scholars are producing, and the longstanding claim is that this divergence is indicative of a public desire for patriotic and straightforward history. But is it? The success of the 1619 Project, even if measured solely in sales and readership, suggests otherwise. And still the most shocking feature of this project is neither the assertion that slavery and race are central, even foundational, to American history, nor the reaction to decentring liberty, but that this would be controversial at all, given the weight of decades of historical research documenting it.
  • In addition to being good history from a historian’s vantage, based on fresh research, new methods and new perspectives, that deeper, richer, fuller past is better suited to explaining our complex present
Ed Webb

The Empire of All Maladies | Nick Estes - 0 views

  • For the Lenape historian Jack D. Forbes, it was not so much the Indigenous who were suffering affliction, but the Europeans who had been infected with what he called wétiko, the Algonquin word for a mind-virus associated with cannibalism. The overriding characteristic of wétiko, as he recounted in his 1979 book Columbus and Other Cannibals, is that “he consumes other human beings” for profit. This concept is nearly synonymous with the European psychosis of domination and plunder.
  • When Lewis and Clark led a military expedition upriver, Missouri River Indigenous nations had already experienced several rounds of smallpox epidemics as a result of increased contact with British and French trappers. But none were as apocalyptic as the smallpox epidemic of 1837, by which time the United States dominated the river trade. U.S. trading led to the utter annihilation of furbearing animals through over-hunting, the ecological destruction of the river, and its increased militarization (the U.S. presence heightened conflict between Indigenous nations engaged in trading). Under these adverse conditions, the Mandans were nearly wiped out by smallpox. From 1780 to 1870, Indigenous river nations experienced an 80 percent population decline, with some experiencing rates higher than 90 percent, mostly due to disease.
  • The forced diet proved to be one of the deadliest diseases imposed by colonizers
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  • after the Pick-Sloan plan dammed the Upper Missouri River with a series of five earthen-rolled dams in the mid-twentieth century for hydroelectricity and irrigation, 75 percent of wildlife and native plants on the area’s reservations disappeared, and hundreds of thousands of acres of Indigenous farms were destroyed
  • What was once a subsistence economy based on wild harvesting and small-scale agriculture was transformed almost overnight into dependency on USDA commodities. White flour, milk, white sugar, and canned foods replaced formerly protein- and nutrient-rich diets. Diabetes rates skyrocketed, and its spread can be contact-traced to a single public works project.
  • The government has once again made clear that the lives of the poor—especially the Black and Indigenous poor—are less sacred than private property
  • The Navajo Nation, whose lands helped make the United States the world’s largest oil producer, now faces some of the worst rates of infection and death—not only compared to other states, but to entire countries. About 30 percent of its reservation population lives without running water, and about 10 percent without electricity, while coal from its lands fuels power plants, and the water from its rivers soaks golf courses in Phoenix. The United States created the first nuclear bomb on a sacred Tewa mesa with uranium mined from Navajo lands, poisoning generations. For the Navajo people, the real pandemic is—and has always been—resource colonization.
  • On May 20, five tribal organizations signed a letter to David Bernhardt, the secretary of the interior (and a former oil lobbyist), calling for the resignation of assistant secretary of Indian affairs Tara Sweeney, an Inupiaq Alaskan Native (also a former oil lobbyist) for what she had set into motion during the pandemic. In late February, as coronavirus swept through the country, a federal court denied the Mashpee Wampanoag the right to restore their homeland in Massachusetts, a process set into motion by Sweeney in 2018 that was overturned by a federal judge in June. Her office also failed to protect the Tohono O’odham Nation’s burial and sacred sites from being destroyed with explosives to build Trump’s border wall, the construction of which continued unabated as large sectors of the economy were shut down. Meanwhile, the Interior Department allowed for-profit Alaskan Native corporations, many of which have investments in the oil and gas industry, to seek payouts from the Covid-19 relief money reserved for tribal governments.
  • American Indian men are incarcerated at four times the rate of white men, and American Indian women are incarcerated at six times the rate of white women
  • On April 28, three weeks after giving birth while in custody, Andrea Circle Bear, a thirty-year-old citizen of the Cheyenne River Sioux Tribe, became the first woman to die of coronavirus in federal prison. She was five months pregnant when sentenced to twenty-six months for a minor drug charge
  • Last month was the three-year anniversary of the killing of Zachary Bearheels, a twenty-nine-year-old citizen of the Rosebud Sioux Tribe. After suffering a mental breakdown and being kicked off a bus in Omaha while on his way back to Oklahoma City, police were filmed tasing Bearheels twelve times and punching him thirteen times in the head. “I can’t fucking breathe,” he told officers as he sat in the back of the cruiser. A coroner later found his cause of death to be “excited delirium,” a condition that supposedly leads to aggressiveness, incoherence, and “superhuman strength,” often after taking cocaine or methamphetamines. (Bearheels, however, had no drugs or alcohol in his system at the time of his death.) This diagnosis is controversial; it is frequently cited when people die in police custody. Three of the officers involved in Bearheels’s death were reinstated in April.
  • The United States has a long history of sacrificing or killing off groups of people—through war or disease or both—in the name of its self-proclaimed destiny. This belief in the country’s violent superiority was already evident among the early Puritans, who attributed the mass die-off of Indigenous peoples to divine intervention.
  • To blind themselves to the destruction they wrought, colonizers wove cultural fictions about the “vastness” of a continent devoid of human civilization—terra nullius—and thus open for white European settlement. (This was an early ideological ancestor of the Zionist phrase, “a land without a people for a people without a land,” that has come to justify the expulsion and colonization of Palestinians.)
  • Most historians have failed to draw what are obvious connections between heightened rates of infection and conditions of war, invasion, and colonialism. We need only look at the cholera outbreak in Yemen to see the relationship of disease to U.S. foreign policy. No one is disputing the fact that the infection of millions and the deaths of thousands there at the hands of this preventable disease are the result of a U.S.-backed, Saudi-led war, which has destroyed Yemen’s health care infrastructure. It shouldn’t surprise us to learn that one in four surgical amputations conducted at Red Cross centers in Iraq, Syria, and Yemen are the result of diabetes. These three countries have been the staging ground for U.S.-backed military interventions and invasions that have disrupted critical food and medical supply chains.
  • Economic sanctions, frequently hailed by politicians of all stripes as a “humane” alternative to war, are simply war by another means. U.S. sanctions currently hit hard in thirty-nine countries—one-third of humanity—causing currency inflation and devaluation and upsetting the distribution of medicine, food, power, water treatment, and other human needs
  • the United States only knows violence. It convinces through force. It is numb to suffering and indifferent to the welfare of people
  • Trump has elevated U.S. belligerence to the cosmos.
  • Yet a new world is coming into existence, even as fires burn in the Amazon or on the streets of Minneapolis. It has always been here. It was present at Standing Rock, in the chants of “water is life”; it could be heard among the Wet’suwet’en calls to “heal the people, heal the land”; and it resounded once again as hundreds of thousands took to the street to demand that “Black lives matter.”
  • colonialism is not only a contest over territory, but over the meaning of life itself.
Ed Webb

Britain's colonial shame: Slave-owners given huge payouts after abolition - Home News -... - 0 views

  • as many as one-fifth of wealthy Victorian Britons derived all or part of their fortunes from the slave economy
  • Some families used the money to invest in the railways and other aspects of the industrial revolution; others bought or maintained their country houses, and some used the money for philanthropy.
  • The British government paid out £20m to compensate some 3,000 families that owned slaves for the loss of their "property" when slave-ownership was abolished in Britain's colonies in 1833. This figure represented a staggering 40 per cent of the Treasury's annual spending budget and, in today's terms, calculated as wage values, equates to around £16.5bn.
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  • To have two Lord Chancellors in Britain in the 20th century bearing the name of a slave-owner from British Guyana, who went penniless to British Guyana, came back a very wealthy man and contributed to the formation of this political dynasty
  • The database is available from Wednesday at: ucl.ac.uk/lbs.
  • Slavery on an industrial scale was a major source of the wealth of the British empire, being the exploitation upon which the West Indies sugar trade and cotton crop in North America was based. Those who made money from it were not only the slave-owners, but also the investors in those who transported Africans to enslavement. In the century to 1810, British ships carried about three million to a life of forced labour.Campaigning against slavery began in the late 18th century as revulsion against the trade spread. This led, first, to the abolition of the trade in slaves, which came into law in 1808, and then, some 26 years later, to the Act of Parliament that would emancipate slaves. This legislation made provision for the staggering levels of compensation for slave-owners, but gave the former slaves not a penny in reparation.
  • in 1838, 700,000 slaves in the West Indies, 40,000 in South Africa and 20,000 in Mauritius were finally liberated
Ed Webb

Forget 'developing' poor countries, it's time to 'de-develop' rich countries | Global D... - 0 views

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    Forget developing poorer countries - it's time to reverse the over-developed world.
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