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Historians have demonstrated that the rise of Western Europe depended in large part on natural resources and labour forcibly appropriated from the global South during the colonial period, on a vast scale. Spain extracted gold and silver from the Andes, Portugal extracted sugar from Brazil, France extracted fossil fuels, minerals and agricultural products from West Africa, Belgium extracted rubber from the Congo; and Britain extracted cotton, opium, grain, timber, tea and countless other commodities from its colonies around the world – all of which entailed the exploitation of Southern labour on coercive terms, including through mass enslavement and indenture. This pattern of appropriation was central to Europe’s industrial growth, and to financing the expansion and industrialization of European settler colonies, including Canada, Australia, New Zealand and the United States, which went on to develop similarly imperialist orientations toward the South

Today, we are told, the world economy functions as a meritocracy: countries that have strong institutions, good markets, and a steadfast work ethic become rich and successful, while countries that lack these things, or which are hobbled by corruption and bad governance, remain poor. This assumption underpins dominant perspectives in the field of international development (Sachs, 2005, Collier, 2007, Rostow, 1990, Moyo, 2010, Calderisi, 2007, Acemoglu and Robinson, 2012), and is reinforced by the rhetoric, common among neoclassical economists, that free-trade globalization has created an “even playing field”.

Emmanuel and Amin argued that unequal exchange enables a “hidden transfer of value” from the global South to the global North, or from periphery to core, which takes place subtly and almost invisibly, without the overt coercion of the colonial apparatus and therefore without provoking moral outrage. Prices are naturalized on the grounds that they represent “utility”, or “value”, or the outcome of “market mechanisms” such as supply and demand, obscuring the extent to which they are determined by power imbalances in the global political economy. Price differentials in international trade therefore function as an effective method of maintaining the patterns of appropriation that once overtly defined the colonial economy, allowing blame for “underdevelopment” to be shifted onto the victims.

Historians have demonstrated that the rise of Western Europe depended in large part on natural resources and labour forcibly appropriated from the global South during the colonial period, on a vast scale. Spain extracted gold and silver from the Andes, Portugal extracted sugar from Brazil, France extracted fossil fuels, minerals and agricultural products from West Africa, Belgium extracted rubber from the Congo; and Britain extracted cotton, opium, grain, timber, tea and countless other commodities from its colonies around the world – all of which entailed the exploitation of Southern labour on coercive terms, including through mass enslavement and indenture. This pattern of appropriation was central to Europe’s industrial growth, and to financing the expansion and industrialization of European settler colonies, including Canada, Australia, New Zealand and the United States, which went on to develop similarly imperialist orientations toward the South (e.g., Naoroji, 1902, Pomeranz, 2000, Beckert, 2015, Moore, 2015, Bhambra, 2017, Patnaik, 2018, Davis, 2002).

for every unit of embodied resources and labour that the South imports from the North they have to export many more units to pay for it, enabling the North to achieve a net appropriation through trade. This dynamic was theorized by Emmanuel (1972) and Amin (1978) as a process of “unequal exchange”.Emmanuel and Amin argued that unequal exchange enables a “hidden transfer of value” from the global South to the global North, or from periphery to core, which takes place subtly and almost invisibly, without the overt coercion of the colonial apparatus and therefore without provoking moral outrage. Prices are naturalized on the grounds that they represent “utility”, or “value”, or the outcome of “market mechanisms” such as supply and demand, obscuring the extent to which they are determined by power imbalances in the global political economy. Price differentials in international trade therefore function as an effective method of maintaining the patterns of appropriation that once overtly defined the colonial economy, allowing blame for “underdevelopment” to be shifted onto the victims.

Following Dorninger et al. (2021), we use a “footprint” analysis of input–output data to quantify the physical scale of raw materials, land, energy and labour embodied in trade between the North and South, looking not only at traded goods themselves but also the upstream resources and labour that go into producing and transporting those goods, including the machines, factories, infrastructure, etc.

Grounding our analysis in the physical dimensions of unequal exchange is important for several reasons. First, these resources – raw materials, land, labour and energy – embody the productive potential that is required for meeting human needs (use-value) and for generating economic growth (exchange-value). Physical drain is therefore ultimately what drives global inequalities in terms of access to provisions, as well as in terms of GDP or income (see Hornborg, 2020). Second, this approach allows us to maintain sight of the ecological impacts of unequal exchange. We know that excess energy and material consumption in high-income nations, facilitated by appropriation from the rest of the world, is causing ecological breakdown on a global scale. Tracing flows of resources embodied in trade allows us to determine the extent to which Northern appropriation is responsible for ecological impacts in the South; i.e., ecological debt (Roberts and Parks, 2009, Warlenius et al., 2015, Hornborg and Martinez-Alier, 2016).

Due to the growing fragmentation of international commodity chains, monetary databases on bilateral gross trade flows have been criticised for not accurately depicting the monetary interdependencies between national economies (Johnson and Noguera, 2012), i.e., the amount of a countries’ value added that is induced by foreign final demand and international trade relations. Trade in Value Added (TiVA) indicators Johnson and Noguera, 2012, Timmer et al., 2014 are designed to take into account the complexity of the global economy. The TiVA concept is motivated by the fact that, in monetary terms, trade in intermediates accounts for approximately two-thirds of international trade. Imports (of intermediates) are used to produce exports and hence bilateral gross exports may include inputs (i.e., value added) from third party countries (Stehrer, 2012). TiVA reveals where (e.g., in which country or industry) and how (e.g. by capital or labour) value is added or captured in global commodity chains (Timmer et al., 2014).

TiVA, which is sometimes referred to as the “value footprint”, is the monetary counterpart of the MRIO-based environmental footprint because both indicators follow the same system boundaries, i.e., all supply chains between production and final consumption of two countries including all direct and indirect interlinkages. Moreover, in contrast to global bilateral monetary trade flows, TiVA is globally balanced, meaning that national exports and imports globally sum up to zero. This is an important feature of the TiVA indicator that facilitates more consistent and unambiguous assessments.

for every unit of embodied raw material equivalent that the South imports from the North, they have to export on average five units to “pay” for it

For land the average ratio is also 5:1, for energy it is 3:1, and for labour it is 13:1

Table 1. Resource drain from the South.ResourceNorth → South flows 2015South → North flows 2015Drain from South in 2015Cumulative drain from South 1990–2015Raw material equivalents [Gt]3.3715.3912.02254.40Embodied land [mn ha]527.421,349.01821.5932,987.23Embodied energy [EJ]21.5543.5121.06650.34Embodied labour [mn py-eq]31.11219.22188.125,956.62

in the year 2015 the North’s net appropriation from the South totalled 12 billion tons of raw materials, 822 million hectares of land, 21 exajoules of energy (equivalent to 3.4 billion barrels of oil), and 188 million person-years equivalents of labour (equivalent to 392 billion hours of work). By net appropriation we mean that these resources are not compensated in equivalent terms through trade; they are effectively transferred gratis. And this appropriation is not insignificant in scale; on the contrary, it comprises a large share (on average about a quarter) of the North’s total consumption.

significant consequences for the global South, in terms of lost use-value. This quantity of Southern raw materials, land, energy and labour could be used to provision for human needs and develop sovereign industrial capacity in the South, but instead it is mobilized around servicing consumption in the global North.

Eight hundred and twenty-two million hectares of land, which is twice the size of India, would in theory be enough to provide nutritious food for up to 6 billion people, depending on land productivity and diet composition

material use is tightly linked to environmental pressures. It accounts for more than 90% of variation in environmental damage indicators (Steinmann et al., 2017), and more than 90% of biodiversity loss and water stress (International Resource Panel, 2019). Moreover, as Van der Voet et al. (2004) demonstrate, while impacts vary by material, and vary as technologies change, there is a coupling between aggregate mass flows and ecological impact. Net flows of material resources from South to North mean that much of the impact of material consumption in the North (43% of it, net of trade) is suffered in the South. The damage is offshored.

Industrial ecologists hold that global extraction and use of materials should not exceed 50 billion tons per year (Bringezu, 2015). In 2015, the global economy was using 87 billion tons per year, overshooting the boundary by 74% and driving ecological breakdown. This overshoot is due almost entirely to excess resource consumption in global North countries. The North consumed 26.71 tons of materials per capita in 2015, which is roughly four times over the sustainable threshold (6.80 tons per capita in 2015). Our results indicate that most of the North’s excess consumption (58% of it) is sustained by net appropriation from the global South; without this appropriation, material use in high-income nations would be much closer to the sustainable level.

In consumption-based terms, the North is responsible for 92% of carbon dioxide emissions in excess of the planetary boundary (350 ppm atmospheric concentration of CO2) (Hickel, 2020), while the consequences harm the South disproportionately, inflicting dramatic social and economic costs (Kikstra et al., 2021b, Srinivasan et al., 2008). The South suffers 82–92% of the costs of climate change, and 98–99% of the deaths associated with climate change (DARA, 2012)

Net appropriation of land means soil depletion, water depletion, and chemical runoff are offshored; net appropriation of energy means that the health impacts of particulate pollution are offshored; net appropriation of labour means that the negative social impacts of exploitation are offshored, etc (Wiedmann and Lenzen, 2018). In the case of non-renewable resources there is also a problem of depletion: resources appropriated from the South are no longer available for future generations to use (Costanza and Daly, 1992, World Bank, 2018), which is particularly problematic given that under conditions of net appropriation economic losses are not offset by investments in capital stock (cf. Hartwick, 1977). Finally, the extractivism that underpins resource appropriation generates social dislocations and conflicts at resource frontiers (Martinez-Alier, 2021).

the value of resources and labour cannot be quantified in dollars, and there is no such thing as a “correct” price.

Prices under capitalism do not reflect value or utility in any objective way. Rather, they reflect, among other things, the (im)balance of power between market agents (capital and labour, core and periphery, lead firms and their suppliers, etc); in other words, they are a political artefact

While prices by definition do not reflect value, they do allow us to compare the scale of drain to prevailing monetary representations of production and income in the world economy.

Fig. 2 shows that drain from the South in 2015 amounted to $14.1 trillion when measured in terms of raw material equivalents, $5.1 trillion when measured in terms of land, $3.6 trillion when measured in terms of energy and $20.3 trillion when measured in terms of labour.

Over the period 1990–2015, the drain sums to $242 trillion (constant 2010 USD). This represents a significant “windfall” for the North, similar to the windfall that was derived from colonial forms of appropriation; i.e., goods that did not have to be produced on the domestic landmass or with domestic labour, and did not have to be bought on the domestic market, or paid for with exports (see Pomeranz, 2000, Patnaik, 2018). While previous studies have shown that the price distortion factor increased dramatically during the structural adjustment period in the 1980’s (Hickel et al., 2021), our data confirms that since the early- to mid-1990’s it has tended to decline slightly. This means that the increase in drain during the period 1990–2007, prior to the global financial crisis, was driven primarily by an increase in the volume of international trade rather than by an increase in price distortion.

Table 3 shows that, over the 1990–2015 period, resources appropriated from the South have been worth on average roughly a quarter of Northern GDP.

the North’s reliance on appropriation from the South has generally increased over the period (despite a significant drop after the global financial crisis), whereas the South’s losses as a share of total economic activity have generally decreased, particularly since 2003, due to an increase in South-South trading and higher domestic GDP creation or capture within the South, both driven largely by China

Aid flows create the powerful impression that rich countries give benevolently to poorer countries. But the data on drain through unequal exchange raises significant questions about this narrative.

net appropriation by DAC countries through unequal exchange from 1990 to 2015 outstripped their aid disbursements over the same period by a factor of almost 80

for every dollar of aid that donors give, they appropriate resources worth 80 dollars through unequal exchange. From the perspective of aid recipients, for every dollar they receive in aid they lose resources worth 30 dollars through drain

The dominant narrative of international development holds that poor countries are poor because of their own internal failings and are therefore in need of assistance. But the empirical evidence on unequal exchange demonstrates that poor countries are poor in large part because they are exploited within the global economy and are therefore in need of justice. These results indicate that combating the deleterious effects of unequal exchange by making the global economy fairer and more equitable would be much more effective, in terms of development, than charity.

In an equitable world, the resource trade deficit that the North sustains in relation to the South would be financed with a parallel monetary trade deficit. But in reality, the monetary trade deficit is very small, equivalent to only about 1% of global trade revenues, and fluctuates between North and South. In effect, this means that the North achieves its large net appropriation of resources and labour from the South gratis.

The question of sectoral disparities has been moot since the 1980s, however, as industrial production has shifted overwhelmingly to the South. The majority of Southern exports (70%) consist of manufactured goods (data from UNCTAD; see Smith, 2016). Of all the manufactured goods that the USA imports, 60% are produced in developing countries. For Japan it is 70%. We can see this pattern reflected also in the industrial workforce. As of 2010, at least 79% of the world’s industrial workers live in the South (data from the ILO; see Smith, 2016). This shift is due in large part to the rise of global commodity chains, which now constitute 70% of international trade. Between 1995 and 2013, there has been an increase of 157 million jobs related to global commodity chains, and an estimated 116 million of them are concentrated in the South, predominantly in the export manufacturing sector (ILO, 2015). In other words, during the period we analyse in this paper (1990–2015), the South has contributed the majority of the world’s industrial production, including high-technology production such as computers and cars. And yet price inequalities remain entrenched.

if Northern states or firms leverage monopoly power within global commodity chains to depress the prices of imports and increase the prices of final products, their labour “productivity” appears to improve, and that of their counterparts declines, even if the underlying production process remains unchanged. Indeed, empirical evidence indicates that real productivity differences between workers are minimal, and cannot explain wage inequalities (Hunter et al., 1990).

wage inequalities exist not because Southern workers are less productive but because they are more intensively exploited, and often subject to rigid systems of labour control and discipline designed to maximize extraction (Suwandi et al., 2019). Indeed, this is a major reason why Northern firms offshore production to the South in the first place: because labour is cheaper per unit of physical output (Goldman, 2012).

the terminology of “value-added” is a misnomer. In international trade, TiVA does not tell us who adds more value but rather who has more power to command prices. And in the case of global commodity chains, TiVA does not indicate where value is produced but rather where it is captured (Smith, 2016).

our analysis reveals that value in global commodity chains is disproportionately produced by the South, but disproportionately captured by the North (as GDP). Value captured in this manner is misleadingly attributed to Northern economic activities

rich countries are able to maintain price inequalities simply by virtue of being rich. This finding supports longstanding claims by political economists that, all else being equal, price inequalities are an artefact of power. Just as in a national economy wage rates are an artefact of the relative bargaining power of labour vis-à-vis capital, so too in international trade prices are an artefact of the relative bargaining power of national economies and corporate actors vis-à-vis their trading partners and suppliers. Countries that grew rich during the colonial period are now able to leverage their economic dominance to depress the costs of labour and resources extracted from the South. In other words, the North “finances” net appropriation from the South not with money, but rather by maintaining the prices of Southern resources and labour below the global average level.

Patents play a key role here: 97% of all patents are held by corporations in high-income countries (Chang, 2008:141)

In some cases, patents involve forcing people in the South to pay for access to resources they might otherwise have obtained much more affordably, or even for free (Shiva, 2001, Shiva, 2016).

In the World Bank and the IMF, Northern states hold a majority of votes (and the US holds a veto), thus giving them control over key economic policy decisions. In the World Trade Organization (which controls tariffs, subsidies, and patents), bargaining power is determined by market size, enabling high-income nations to set trade rules in their own interests.

ubsidized agricultural exports from the North undermine subsistence economies in the South and contribute to dispossession and unemployment, placing downward pressure on wages. Militarized borders preclude easy migration from South to North, thus preventing wage convergence. Moreover, structural adjustment programs (SAPs) imposed by the World Bank and IMF since the 1980s have cut public sector salaries and employment, rolled back labour rights, curtailed unions, and gutted environmental regulations (Khor, 1995, Petras and Veltmeyer, 2002).

SAPs, bilateral free trade agreements, and the World Trade Organization have forced global South governments to remove tariffs, subsidies and other protections for infant industries. This prevents governments from attempting import substitution, which would improve their export prices and drive Northern prices down. Tax evasion and illicit financial flows out of the South (which total more than $1 trillion per year) drain resources that might otherwise be reinvested domestically, or which governments might otherwise use to build national industries. This problem is compounded by external debt service obligations, which drain government revenue and require obeisance to economic policies dictated by creditors (Hickel, 2017). In addition, structural dependence on foreign investors and access to Northern markets forces Southern governments and firms to compete with one another by cutting wages and resource prices in a race to the bottom.

structural power imbalances in the world economy ensure that labour and resources in the South remain cheap and accessible to international capital, while Northern exports enjoy comparatively higher prices

Cheap labour and raw materials in the global South are not “naturally” cheap, as if their cheapness was written in the stars. They are actively cheapened

the analysis obscures class and geographic inequalities within countries and regions, which are significant when it comes to labour prices as well as resource consumption. The high levels of resource consumption that characterize Northern economies are driven disproportionately by rich individuals and affluent areas, as well as by corporations that control supply chains, and enabled by internal patterns of exploitation and unequal exchange in addition to drain through trade (Harvey, 2005). For example, there are marginalized regions of the United States that serve as an “internal periphery” (Wishart, 2014). It would also be useful to explore the gender dynamics of unequal exchange within countries. These questions cannot be answered with our data, however.

This research confirms that the “advanced economies” of the global North rely on a large net appropriation of resources and labour from the global South, extracted through induced price differentials in international trade. By combining insights from the classical literature on unequal exchange with contemporary insights about global commodity chains and new methods for quantifying the physical scale of embodied resource transfers, we are able to develop a novel approach to estimating the scale and value of resource drain from the global South. Our results show that, when measured in Northern prices, the drain amounted to $10.8 trillion in 2015, and $242 trillion over the period from 1990 to 2015 – a significant windfall for the North, equivalent to a quarter of Northern GDP. Meanwhile, the South’s losses through unequal exchange outstrip their total aid receipts over the period by a factor of 30.

support contemporary demands for reparations for ecological debt, as articulated by environmental justice movements and by the G77

True repair requires permanently ending the unequal distribution of environmental goods and burdens between the global North and global South, restoring damaged ecosystems, and shifting to a regenerative economic system.

It is clear that official development assistance is not a meaningful solution to global poverty and inequality; nor is the claim that global South countries need more economic liberalisation and export-oriented market integration. The core problem is that low- and middle-income countries are integrated into the global economy on fundamentally unequal terms. Rectifying this problem is critical to ensuring that global South countries have the financial, physical and human resources they need to improve social outcomes.

democratize the institutions of global economic governance, such as the World Bank, IMF and WTO, so that global South countries have more control over trade and finance policy.

end the North’s use of unfair subsidies for agricultural exports, and remove structural adjustment conditions on international finance, which would help mitigate downward pressure on wages and resource prices in the South while at the same time enabling Southern countries to build sovereign industrial capacity

a global living wage system, and a global system of environmental regulations, would effectively put a floor on labour and resource prices

Reducing North-South price differentials would in turn reduce the scale of the North’s net resource appropriation from the South (in other words, it would reduce ecologically unequal exchange), thus reducing excess consumption in the North and the ecological impacts that it inflicts on the South.

Structural transformation will only be achieved through political struggle from below, including by the anti-colonial and environmental justice movements that continue to fight against imperialism today

Economic power, location, and access to resources determine how communities can respond to climate impacts. But these factors are shaped by existing global injustices: the history of slavery, colonialism, and imperialism that enriched some countries at the expense of others. Global warming has exacerbated these inequalities, and the climate crisis will lead to new divisions between those who can mitigate its impact and those who cannot.

The climate crisis is the result of the relentless pursuit of private interests by both multinational corporations and powerful countries: Fossil fuel companies seek profit, governments seek energy security, and private investors seek financial security. These pursuits have contributed to the campaigns of climate denialism that have slowed the international response to climate crisis, and that continue to fuel resource and land grabbing in many parts of Africa, Latin America, and Asia.

when short-term shareholder value faces off against the public good—and it often does—the former tends to win out. This mismatch of incentives is itself a fundamental cause of the climate crisis

When refugee flows from non-European countries increased in the second half of the 20th century, many Western powers shifted policy. While some refugees were accepted and resettled, many others were warehoused, detained, or subject to refoulement—forcible return—in violation of the U.N. Convention and Protocol Relating to the Status of Refugees.

In the context of the climate crisis, the West is responsible for more than secondary harms experienced within the international refugee regime. A reparatory approach seeks to understand which harms were committed and how through structural change, those harms can be addressed. A historically informed response to climate migration would force Western states to grapple with their role in creating the climate crisis and rendering parts of the world uninhabitable.

The United Nations High Commission for Refugees (UNHCR) has so far refused to grant refugee status—and the protection that comes with it—to the 21.5 million people fleeing their homes as a result of sudden onset weather hazards every year, instead designating them as “environmental migrants.”

climate reparations are better understood as a systemic approach to redistributing resources and changing policies and institutions that have perpetuated harm—rather than a discrete exchange of money or of apologies for past wrongdoing

two distinct but interconnected issues: climate change mitigation, which would aim to minimize displacement; and just climate migration policy, which would respond to the displacement that governments have failed to prevent

to mitigate climate change effectively and fairly, the international community needs to broadly redistribute funds across states to respond to inequalities in resilience capacity and the unjust system underpinning them

A reparatory approach to the climate crisis would require an overhaul of the existing international refugee regime. With this approach, the international community would reject the framing of refugee policy as rescue and rethink the framework that allows states to confine refugees in camps with international approval

The continuation of this status quo will make climate colonialism a near certainty, especially considering recent responses to migration in Europe, Australia, and the United States. Rich Western countries have already responded punitively to migration, holding thousands of migrants in detention centers under horrific conditions and responding with indifference or violence to attempted suicides and protests by the incarcerated for better treatment. Since 2015, European countries have reacted aggressively to the plight of asylum seekers; there is no indication that their response to climate refugees would be any more humane.

A failure to admit more refugees will accelerate the worst political effects of the climate crisis: fueling the transition of eco-fascism from fringe extremism to ruling ideology. The recognition of rights to movement and resettlement, and a steady liberalization of rich-country border policies fit under a reparatory framework, especially when paired with more sensible mitigation policies. However extreme this renegotiation of state sovereignty and citizenship may seem, it’s nowhere near as extreme as the logical conclusion of the status quo’s violent alternative: mass famine, region-scale armed conflict, and widespread displacement.

One of the most worrying aspects of new trade deals is the likely inclusion of an investor-state dispute settlement (ISDS) system, or similar provisions, that allow corporations to sue countries for alleged ‘discriminatory’ practices that hamper their activities or profits.

“A free trade area between Britain, a largely developed country and Africa, a poor continent, was always going to exacerbate inequalities, trade deficits, and the dependency of the latter on the former. ‘Free trade’ is really just the name given to the ideology that justifies this power imbalance,” wrote Africa Kiiza of the Southern and Eastern African Trade Information and Negotiations Institute (SEATINI) last year.

“These mechanisms under free trade agreements will give more implications not only for the state policies in our countries, but also the sovereignty of the people themselves,” said Hertani. “The people cannot sue the investors. If there are human rights violations, there have been are several cases where the people lost. We never win against the multinational corporations.”

Countries like Indonesia, and many others in the global south, are rich in natural resources. Multinational companies have been plundering them to the detriment of people and the environment for generations and new trade deals could make it even easier for them to do this.

Inequality is getting worse, as highlighted in the recent United Nations Conference on Trade and Development Trade and Development report. They point at debt – which is more than three times the size of global output – as symbolic of this.

“This mantra of free trade has been really central to the whole British empire, to the British imperial project, for a very long time now. It’s a very bloody history and I’m worried that the kind of Brexit envisaged by the likes of Boris Johnson, and indeed Liam Fox and Jacob Rees-Mogg, is precisely to replicate those kinds of relations which we’ve never completely got away from, but which could be made even worse after Brexit.”

from the 1940s onwards, feminists began to put forward a distinctive articulation of nationalism where anti-capitalism became increasingly prominent. In terms of gender, this lent itself to more structural understandings of inequality that called for more radical transformations. This was undoubtedly connected to the increased prominence of socialist and Marxist theorising globally, including the proliferation of organizations and conferences that connected feminists across the postcolonial world, conferences at which capitalist inequality was a central theme. This gave feminists the analytical tools, including a means of analysing class conflict, to analyse Egypt’s position vis-a-vis a rapidly changing world, and also provided a way of analysing what many of them saw as the main problem facing Egypt: social inequality

these feminist articulations of anti-colonialism, nationalism and anti-capitalism were much more radical than the ones put forward by the state and its elites

Sovereignty could only be imagined by breaking away from global capitalism; imperialism and capitalism were not two separate entities but rather two co-constitutive realities

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.

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.

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.

Early farming embodied what Graeber and Wengrow call “the ecology of freedom”: the freedom to move in and out of farming, to avoid getting trapped by its demands or endangered by the ecological fragility that it entails.

The authors write their chapters on cities against the idea that large populations need layers of bureaucracy to govern them—that scale leads inevitably to political inequality. Many early cities, places with thousands of people, show no sign of centralized administration: no palaces, no communal storage facilities, no evident distinctions of rank or wealth. This is the case with what may be the earliest cities of all, Ukrainian sites like Taljanky, which were discovered only in the 1970s and which date from as early as roughly 4100 B.C., hundreds of years before Uruk, the oldest known city in Mesopotamia. Even in that “land of kings,” urbanism antedated monarchy by centuries. And even after kings arose, “popular councils and citizen assemblies,” Graeber and Wengrow write, “were stable features of government,” with real power and autonomy. Despite what we like to believe, democratic institutions did not begin just once, millennia later, in Athens.

the authors’ most compelling instance of urban egalitarianism is undoubtedly Teotihuacan, a Mesoamerican city that rivaled imperial Rome, its contemporary, for size and magnificence. After sliding toward authoritarianism, its people abruptly changed course, abandoning monument-building and human sacrifice for the construction of high-quality public housing. “Many citizens,” the authors write, “enjoyed a standard of living that is rarely achieved across such a wide sector of urban society in any period of urban history, including our own.”

What is the state? the authors ask. Not a single stable package that’s persisted all the way from pharaonic Egypt to today, but a shifting combination of, as they enumerate them, the three elementary forms of domination: control of violence (sovereignty), control of information (bureaucracy), and personal charisma (manifested, for example, in electoral politics). Some states have displayed just two, some only one—which means the union of all three, as in the modern state, is not inevitable (and may indeed, with the rise of planetary bureaucracies like the World Trade Organization, be already decomposing). More to the point, the state itself may not be inevitable. For most of the past 5,000 years, the authors write, kingdoms and empires were “exceptional islands of political hierarchy, surrounded by much larger territories whose inhabitants … systematically avoided fixed, overarching systems of authority.”

does civilization rather mean “mutual aid, social co-operation, civic activism, hospitality [and] simply caring for others”?

The Dawn of Everything is framed by an account of what the authors call the “indigenous critique.” In a remarkable chapter, they describe the encounter between early French arrivals in North America, primarily Jesuit missionaries, and a series of Native intellectuals—individuals who had inherited a long tradition of political conflict and debate and who had thought deeply and spoke incisively on such matters as “generosity, sociability, material wealth, crime, punishment and liberty.”The Indigenous critique, as articulated by these figures in conversation with their French interlocutors, amounted to a wholesale condemnation of French—and, by extension, European—society: its incessant competition, its paucity of kindness and mutual care, its religious dogmatism and irrationalism, and most of all, its horrific inequality and lack of freedom.

making the case that the conventional account of human history as a saga of material progress was developed in reaction to the Indigenous critique in order to salvage the honor of the West. We’re richer, went the logic, so we’re better. The authors ask us to rethink what better might actually mean.

“How did we get stuck?” the authors ask—stuck, that is, in a world of “war, greed, exploitation [and] systematic indifference to others’ suffering”? It’s a pretty good question. “If something did go terribly wrong in human history,” they write, “then perhaps it began to go wrong precisely when people started losing that freedom to imagine and enact other forms of social existence.” It isn’t clear to me how many possibilities are left us now, in a world of polities whose populations number in the tens or hundreds of millions. But stuck we certainly are.

The Orientalist eye, it seems, is keen to imbue the landscape with greater enigmatic significance - and Parris concludes his street-corner musings with the melodramatic lines: “Everywhere the concrete was gashed with black mould. But that’s how concrete does stain, in the rain. Visitors to Beirut must learn to love the stains.”

Parris’ foray into the realm of Orientalist lecture would appear to be relatively benign compared to those of contemporaries such as, say, the British travel writer who penned “Boobs, Botox and the Babes of Beirut” - in which we learn that “in Lebanon the women look like Cleopatra” but that plastic surgery fiascos can result in a situation in which “some look as if a drunken Picasso has drawn a face on to a balloon”.

Thomas Friedman’s determinations that Israel’s bombing of Lebanese civilians is “logical”, that Palestinians are “gripped by a collective madness”, or that Iraqis need to “suck on this”.

the West’s ongoing addiction to Orientalism

Nowadays, there are increasing efforts among reductionist Orientalist circles to market Beirut as the resurgent “Paris of the Middle East”, a glamorous hub of hedonism boasting all manner of extravagant money-spending opportunities - yet one that still retains the requisite exotic elements, such as the ever-astounding coexistence of miniskirts and hijabs, Hezbollah and billboard lingerie ads. 

the glorification of elite excess and materialism directly serves the interests of a global neoliberal order predicated on obscene socioeconomic inequality

how can you ensure compliance and loyalty when agents are far removed and have sanctuaries beyond your control?

the British regime carefully managed the social reproduction of European officers and soldiers. This was done to prevent the formation a dangerous Creole settler class. The Company had long sought to limit the numbers and control the conduct of private Europeans in India in order to maintain its commercial monopoly against “private trade.”  Under Cornwallis, political prudence provided another rationale.

the Company assiduously sought to limit the development a local power elite with any genealogical depth. This was intended to preempt any consequent claim to the “rights of Englishmen” that had just been forcefully raised in North America. The children of mixed European and Indian parentage were therefore turned into a socially inferior class of Eurasians, excluded from power. As early as 1786, the Company forbade the children of “native women” from traveling to England, after discovering that the Indian-born John Turing, “dark as his mother,” had done so and secured a cadet’s appointment in the Army. Two decades later, a “mulatto” candidate secured an appointment only by paying a young Englishman to impersonate him at the interview

If efforts at social integration had succeeded despite such attitudes, British India might have developed into a casta-ranked society like the Spanish Americas. But the need to win the support of the indigenous clerical classes, as well as the fear of promoting a Creole elite like the treacherous Americans, led the East India Company onto a different track. In the last few decades of its rule, before the revolt of 1857, Eurasian clerks were gradually displaced in state service by Indians from the traditional clerical classes, both Hindu and Muslim and, around Bombay, also Parsi and Goan Catholic. A greater regard by the British for their own “blood” returned after 1857, when Anglo-Indians were extensively recruited into the developing railway system in order to ensure imperial control of this strategic asset.  Eurasians, however, could not compete with the indigenous clerical classes in subordinate employment, that is to say, clerical work.

The psychic isolation of young men well indoctrinated in this system and left among Indians without their families was described to Emily Eden in 1837 as a “horrible solitude” that produced depression. One such officer told her of “the horror of being three months without seeing an European, or hearing an English word …”    Indirectly, therefore, we may see patterns of marriage and family formation being managed by the British imperial regime to bolster the loyalty of key elements of its governing apparatus. The political and military efficacy of that apparatus thus depended on constant policing of the boundaries of ethnicity

Licit sex and open conjugality were now limited to English-born women

the still prevalent climatic theories of “racial qualities” suggested that children raised in hot climates deteriorated from the parental stock

From the mid-nineteenth century therefore, young children were usually sent back to Britain while in India fathers worked and mothers sought to monopolize all legitimate conjugality. The result was that generations of children were torn away from their parents and if boys, certainly introduced to that staple of Victorian education, the rattan cane. Two of these children were initially too young (six and three) for school, so Rudyard Kipling and his sister were left in Lorne Lodge, Southampton

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.

war is anti-democratic, anti-progressive, anti-intellectual, and anti-human. Yet, as we know, history makes heroes out of its participants and celebrates mass murderers like Napoleon as “great captains.”

The delusional idea that Americans are, by nature, winners and that our wars are therefore winnable:

American society’s almost complete isolation from war’s deadly effects:

Unnecessary and sweeping secrecy

An unrepresentative government

America’s persistent empathy gap

Wherever we go, there we are, eating our big burgers, driving our big trucks, wielding our big guns, and dropping our very big bombs. But what those bombs do, whom they hurt or kill, whom they displace from their homes and lives, these are things that Americans turn out to care remarkably little about.

even the Pentagon knows that our most serious enemy is climate change, not China or Russia or terror

The U.S. military is also a major consumer of fossil fuels and therefore a significant driver of climate change. Meanwhile, the Pentagon, like any enormously powerful system, only wants to grow more so, but what’s welfare for the military brass isn’t wellness for the planet.

Spaceship Earth should not be allowed to remain Warship Earth as well, not when the existence of significant parts of humanity is already becoming ever more precarious. Think of us as suffering from a coolant leak, causing cabin temperatures to rise even as food and other resources dwindle. Under the circumstances, what’s the best strategy for survival: killing each other while ignoring the leak or banding together to fix an increasingly compromised ship?

Every war makes us less human as well as less humane. Every war wastes resources when these are increasingly at a premium. Every war is a distraction from higher needs and a better life.

war is a bloody, murderous mess and those practitioners, when not killed or wounded, are marred for life because war functionally makes everyone involved into a murderer

We need to stop idealizing war and idolizing its so-called warriors

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 scholarly imperative is to study and question the current international system built on racial capitalism, and to imagine alternatives

the global subalterns and historically marginalized peoples are the ones who have pushed the international system to adopt whatever level of democratic governance exists

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

Many emerging diseases, like those listed above, are zoönoses – diseases transferred from other vertebrates. Their origins can usually be traced to wildlife. They may have stayed on, unnoticed, in the wild and never made the species jump to infect us if a stable ecosystem had been left undisturbed

The urban push into the forest forces bat populations to colonise human spaces and increases their vulnerability – and ours.

Urbanisation provides new roosts, new sources of food and new company. Bats are sociable creatures. They form lasting relationships with home, and their urban circle of friends may embrace species that won’t roost together in the wild. And this commingling means a richer, more diversified stew of bat-borne viruses.

bats don’t get sick. Not as often as they should, considering the range of viruses they harbour

When a bat flies, its metabolic rate rises to meet the exorbitant energy demand of flight, and its body temperature spikes to a high fever. In all mammals, fever upticks the immune process and slows viral replication. As the only mammal capable of sustained flight, the bat has evolved this pattern of spiking body temperature. The benefit is a more efficient immune system.

Bats also spend a great deal of time in torpor – a state of suspended animation, when the body’s temperature drops. Was it this that encouraged viruses to co-evolve the ability to flourish across a wide range of temperatures?

Coronaviruses are 30 per cent of the healthy bat’s virome. They cause diseases in other species – diarrhoeas and dysenteries; respiratory infections in cattle, dogs and swine; even peritonitis in cats. But before 2002, the worst illness they gave us humans was the common cold. Then, in 2002, SARS emerged. It had a death rate of 10 per cent. What had changed?

Words like “coincidental” and “fortuitous” have no place in the narrative of an emerging disease. Instead, we must look for the motive force, the driver that brought about disease. Southeast Asia has lost 30 per cent of its forests in recent years. The deforested land is intensively cultivated. Urban growth is invasive. This abrupt proximity between humans and bats allows greater exposure to the viruses shed in bat saliva and guano, and provides an environment conducive to a rapidly diversifying spectrum of viruses. And since bat coronaviruses cause infections in domesticated species, intermediate hosts are aplenty.

when there is a spillover, humans are immunologically naïve to the virus. This results in a virulent infection, and the virus quickly adapts to rapid spread between humans.

At present, there are thousands of coronaviruses circulating in bats. Just seven of them have declared themselves in humans. As crowding increases, more may emerge. Can we predict what the next one will be like?

The West has long jeered at Asia and Africa as “virus machines”. Such a label is deeply offensive to more than half the people on this planet, besides being scientifically untrue. Viruses are everywhere. Asia and Africa have been historically impoverished by European nations, either through genocide or colonisation. Disease was driven by conquest in the past, and racism in science is rooted in that memory. The language of science often echoes that inequality of power, and, thankfully, we’re growing more sensitive to it.

Disease is driven by capitalism today: the forests of Asia, Africa, Central and South Americas are enslaved to richer nations to produce goods that serve few and bankrupt millions.

“There’s this conceit,” he says, “that archaeologists - gung-ho western, bearded, white, elite, cis-gendered, ostensibly heterosexual - go to Egypt and ‘discover’ Ancient Egypt because the people, ordinary Egyptians, are too stupid.” He adds: “Ancient Egypt was never ‘lost’.”

The “standard colonial narrative”, he says, portrays Egypt as “brilliant - a proto-British empire”. Egyptologists used terms like ‘empire’ and ‘viceroy’ to describe the government of the Pharaohs. Students were taught that “the Ancient Egyptians had a ‘Viceroy of Nubia’ - where the hell is the term ‘viceroy’ coming from?” Price asks. “It’s from the British experience of empire”. This explains why many British academics put Egypt on a pedestal as the greatest of all ancient civilisations.

in the imperial age when Britons were travelling to India they would go through the Suez Canal. “You might take a few days and go and visit Egypt. So it’s colonial high noon,”

British archaeologist Howard Carter led the dig that opened Tutankhamun’s tomb in 1922 - an event which turbo-charged interest in Egyptology and had a huge cultural impact on world, even leading to the creation of movies like The Mummy starring Boris Karloff in 1932. “Some early exhibitions quite literally feel like the spoils of empire,” says Price. “In some cases, it’s literally the spoils - like the Rosetta Stone which was seized from the French.”

Price has little time for the use of the word ‘woke’ as an insult, as to him it simply means trying to do the right thing professionally. He adds that he feels “fortunate” that Manchester Museum, where he works, is also having the same “conversations” about confronting the legacy of the past.

“the British and French cooked up a system” called ‘finds-division’ or ‘partage’. “Notionally,” he says, “the best 50% of things that come out of the ground go to the National Collection in Cairo, but then up to 50% of what is thought to be ‘surplus to requirements’ or duplicate can leave with archaeologists. So that’s how Manchester has 18,000 objects from Egypt and Sudan - mostly through finds-division.

It was legal between the 1880s and 1970s, but it was at a time when mostly the Egyptian government was controlled by the British and French, and the Egyptian government had to repay the massive debt of building the Suez Canal.

“some people will tell you, some well known Egyptologists, that you should burn copies of ‘A Thousand Miles Up the Nile’ because it contains racist material. But the society is actually working on a critical re-edition, where there’s a new introduction to put the book in context. I firmly believe, and the trustees firmly believe, you can’t just bury the past. You’ve got to try and face it and constructively critique it. I’m not arguing for cancelling anyone. I’m not arguing for trying to ignore it. I’m saying ‘let’s have a conversation’.”

Unlike many nations which had art looted by western powers, Egypt “isn’t particularly interested” in the repatriation debate except when it comes to “a few very exceptional objects like Nefertiti’s Bust and the Rosetta Stone”. Price adds: “Repatriation can sometimes be a bit of an echo chamber for western [people]. It doesn’t necessarily relate always to the concerns of indigenous groups, or people who live in places like Egypt.”

There’s a funny attitude, where Scots kind of distance themselves and say, ‘oh well, you know, we were colonised first. The English came in, and we’re the victims’. Based on my work on the history of colonialism in Egypt, Scottish people are more than well-represented. They are disproportionately represented in the cogs of the imperial project with Scottish diplomats, engineers and soldiers … There’s a sense that empire was ‘done to’ Scotland, when in fact Scotland ‘did’ empire to other people … We put this stuff on the English and say it was the English … Scots appear surprisingly commonly in the imperial machinery in Egypt.

Price is chair of the board of trustees with the Egypt Exploration Society (EES) - an organisation, he says, which is “doing a lot of work of self-criticism, self-reflection and self-critique”. The EES, which was established in 1882 at the height of empire and just prior to the British invasion, is now “attempting to unpack colonialism in Egypt”.

British egyptology is “more open” to change, Price says than most other western nations with a history of the discipline. “We’re on the winning side of the argument. The tide has turned. You cannot pretend you can enjoy your secluded cocktail terrace in the middle of Cairo and not expect to hear critical evaluation of colonial experiences.”

Most of the workers who built the pyramids weren’t slaves - they were paid for their efforts, he points out. The slave stories of the Bible, though, lead to “another form of colonialism - Orientalism”, which depicts the rulers of the east as either exotic and mysterious or brutal and cruel. The notion of “the Oriental despot comes from the Bible: Pharaoh as a despot … The way in the Bible, that the pharaoh is cast as a baddie, reverberates”.

Price is also incensed by the current pseudo-science trend for conspiracy theories claiming that aliens built the pyramids - the type of unfounded material aired on over-the-top documentaries like ‘Ancient Aliens’. “It’s racist,” he says, “very racist.” He notes that there’s a hashtag on Twitter called ‘CancelAncientAliens’. The wild alien theory is “based on the assumption that ancient people were too stupid to have [built the pyramids] themselves and so it had to be some outside force. So to be clear in the interests of global parity and justice: the ancient Egyptians were an African people who built absolutely stunning monuments. Get over it.”

There is no simple answer, or history - and I think we insult museum audiences if we assume they want an overly simplified story. ‘Ancient Egypt’ is undoubtedly one of the most popular parts of a museum. By asking questions about how colonialism formed our idea of what ‘Ancient Egypt’ was, not just how it got to be in cities like Glasgow and Manchester, I think we can begin to address questions of global inequality.

“Egypt more than Greece, Rome or other parts of the world, has existed as both ‘Oriental other’ and ‘western ancestor’ - that is why the colonial dialogue is so intense - and Egyptology is, in a sense, the exemplary ‘colonial discipline’, just as the British Consul Lord Cromer [consul-general in Egypt from 1883] said Egypt should be the exemplary colony.

The word “racism” appears once. The phrase “white supremacy” or any of its variations does not appear in the entire guide. 

3. There’s a lot missing Florida’s white history mandate: While it is impossible to teach all of Black history, perhaps the most significant thing about Florida’s guidelines is the stuff that is intentionally left out. There is nothing about redlining and how its residual effects still shape the lives of African Americans. There are eight mentions of “race riots” but only three “massacres” and a single “lynching.” 

Florida’s Caucasian Race Theory mischaracterizes Black freedom fighters’ intentions by ascribing free white men’s values to a few cherry-picked Black individuals. The correct way to teach this would be to simply teach the facts. Approximately five thousand Black men fought for America in the Revolutionary War; more than 20,000 fought against America. Even the Black Loyalists in the American Revolution were not fighting to preserve the British empire. They were fighting for their freedom.

More than one benchmark requires students to learn about “Judeo-Christian values and Christianity’s impact on American society” and only lists Black Christian churches, even though scholars estimate that as many as 30 percent of enslaved Africans practiced Islam. The omission leaves students unaware that many of their religious traditions have roots in Africa and the Caribbean, including the ring shout, gospel music and four of the ten largest Christian denominations in the United States. 

AP African American Studies is banned in Florida, partly because it makes white people uncomfortable. Florida’s STOP WOKE Act prohibits classroom instruction that makes white people “feel guilt, anguish, or other forms of psychological distress, because of actions, in which the individual played no part, committed in the past by other members of the same race.” 

Like the legislation, the new curriculum standards are for white people. Everyone except white people believes that increased public attention to the history of racism is good for society. While 62% of Black people and 58% of Hispanics want schools to teach children about the ongoing effects of slavery and racism, most white people do not. How history is taught in schools has always given Black people anguish and psychological distress; white people are perfectly comfortable with Black people’s discomfort. 

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.

it wasn’t until living in the United States that he reflected upon what it meant to be Black

Ndiaye’s rapid elevation from the director of a humble national monument to the head of France’s education ministry marks a leap of faith by Macron, who described Ndiaye as an example of universalism and equal opportunity when they appeared together at an elementary school in Marseille last month. Having survived a recent reshuffling of the president’s cabinet, Ndiaye has moved from managing the Porte Dorée Palace, an institution with around 100 employees and an annual budget of 15 million euros, to leading the country’s largest public institution, with more than 1.2 million employees, an annual budget of more than 55 billion euros, and the responsibility of educating more than 12 million public school students

France operates a highly centralized public education system, with the education ministry managing the nation’s schools from Paris. Ever since waves of immigrants arrived after World War II, during a period the French refer to as the “30 glorious years” of rebuilding and economic expansion, schools have been perceived as imparting certain ideals about French citizenship. Even slight changes to the curriculum may be put under the microscope. 

“When you have even the smallest commitment to the United States, they think you talk on behalf of Americans,” the Senegalese-born French politician said in a recent phone call. “The French are fascinated by America, but at the same time they are very careful about being under U.S. influence. They want to think that their culture is different from the community-oriented model of the United States.”

“What’s confusing is that you had in the previous government a line of assertive secularism that was very opposed to any conversation on race, which in the French context is very delicate,” Belin said. “Macron has demonstrated a willingness to tackle some of the most difficult elements of the French colonial period, moving the conversation forward on Algeria and Rwanda. He is a modernizer for France’s history, but not particularly avant-garde on racial justice and postcolonial matters.”

Nathalie Heinich, a French sociologist, said that she thought Ndiaye’s report for the Paris Opera demonstrated “a sociological misunderstanding of an actual problem” that should be addressed by reducing socioeconomic inequalities. She felt that Ndiaye’s analysis had been influenced by his time living in the United States, with its multicultural social model, “which tends to reduce individuals to their belonging to collective entities.”

Somewhat controversially, for France, he has referred to systemic racism in housing, employment, and in police relations with the Black and immigrant communities. But compared with U.S. academics plowing similar terrain, his views are relatively moderate

Jean-Luc Mélenchon, a hard-left political figure who placed third in the presidential race in April, scorned the new cabinet when it was announced in May but singled out Ndiaye as an “audacious” choice—echoing the Revolution-era words of Georges Danton, who called for “audacity, more audacity, always audacity.”

Some role models whom Ndiaye has referenced over the years—Frantz Fanon, Césaire, and Léopold Sédar Senghor—were Black French colonial authors who in one way or another turned to politics.

Prevent, and the associated fear of counter-terror surveillance, has caused a throttling of Muslims’ collective and individual voices. Britain wants Muslim immigrants to embrace being British, but without allowing them the rights and freedoms to which white British people have a claim, including freedom of speech

whether or not the responses from Muslim organisations were a conscious attempt to shield these organisations, and Muslims at large, from state suspicion and criminalisation, they succeed in both depoliticising and de-historicising Muslim civil society

The imperialists certainly made the empire and in particular the white dominions central to politics and economics. In many ways, today’s anti-imperialists have followed them rather naively in this.

For the Conservatives, the white dominions in particular were central. They provided an image of the empire as a brotherhood of free white nations — a very important part of the overall story. But it was also important because the white dominions really were the important bits economically. That was where the investment went, and where a lot of the food for the United Kingdom came from.

India is a different matter. That was a place, of course, with a massive population. It was an important market for exports, but it was in a different league from the white dominions, and both were in a quite different position from what were strictly speaking called the colonies. It is very important to remember that before the 1940s — that is to say, in the great age of empire — trade with foreign countries was greater than with “British” countries, to use the language of the time. Liberals pointed this out again and again. They argued that the great glory of the British economy was not the empire but rather free trade. That meant trading with everybody and in practice trading a very great deal with Europe. That was where British bacon, British eggs, British iron ore, or British timber came from, and much else besides. Before the 1940s, the UK was a profoundly European economy, deeply integrated into trade and production within the European continent.

The UK was the largest overseas investor and the largest trader, but it was also the most industrial country in the world — far more industrialized than Germany or the United States at this time. It was more industrialized precisely because it was more globalized. It didn’t need to grow all its own food. The City was investing overseas in UK-owned enterprises, whose business was often to supply food to the UK, directly or indirectly. That in turn allowed the UK to be industrial and indeed to supply the railways, the factories, and the ships that made all this trade possible in the first place. In fact, the relations between overseas investment and industrialization were synergistic, at least in this period.

it’s striking how little impact decolonization had. Take the cases of India and Palestine in the 1940s: there were no major convulsions at home — nothing compared to what was happening in France during the 1950s.

there was actually a silent revolution brought about by “de-imperialization.” That was best exemplified by the extraordinarily rapid transition of the Conservatives from being the party of empire and Imperial Preference to being the party of free trade and of applying for accession to the Treaty of Rome in 1961. It is extraordinary that, just a few years after World War II, the Tory Party in government applied for membership of what was then called the Common Market.

There was a movement of people from the Caribbean in particular during the 1950s, but they were people coming from a colonial territory who had the same nationality as most people living in the United Kingdom. They were what were called “citizens of the United Kingdom and Colonies,” so they weren’t really immigrants. They were people moving within the space of British nationality. Interestingly, there were more immigrants, in the sense of aliens or semialiens, coming from Ireland and continental Europe in the 1940s and ’50s. Indeed, the dominant movement of population from the 1940s right up into the 1980s was outward rather than inward. The UK was a place of net emigration in that period. A lot of that emigration was to the Commonwealth, and Australia in particular.

It comes as a surprise to many people that in the 1950s, the United Kingdom was still the most industrialized economy on Earth. This doesn’t fit with the “declinist” images that have so affected our understanding of this period in particular. In terms of growth rates, poorer European countries and countries elsewhere were often growing faster than the UK economy — they were catching up. The German economy caught up with the UK and overtook it in terms of GDP per capita in the 1960s, and France did the same in the 1970s. But the overall result was that the West European economies, which had been quite different in 1945 or 1950, came to be very similar by the 1980s and ’90s or the 2000s when one includes poorer countries like Spain.

In the 1970s and ’80s, the UK became broadly speaking self-sufficient in the foods that it could grow itself, much as Germany, France, and Italy were self-sufficient in food. What had been the great factor distinguishing the United Kingdom from continental Europe disappeared as a result of a fundamental change in British political economy. The UK became an exporter of beef and wheat, which would have been unthinkable not just in the Edwardian years but in the 1950s as well.

The reality is that the 1970s saw a global crisis. There were important transitions and readjustments in the British economy. That decade was also a period of political radicalism and cultural inventiveness — a period of innovation, of a sort that conservatives didn’t like one bit. That’s essentially why the 1970s have this terrible reputation.

She did transform the British economy, but it’s important to note that she did not increase the underlying rate of growth. Since 1979, the British economy has grown more slowly on average than it grew between 1945 and the 1970s. In that sense, she most certainly did not reverse the British decline. Nor did she reverse the British decline in relation to all the other major economies in the world

while manufacturing employment did go down very radically, manufacturing output remained high. Indeed, peak manufacturing output in British history came in 2008 — it wasn’t the 1970s, let alone the 1870s

North Sea oil was certainly important because, together with the new self-sufficiency in food, it meant that the UK no longer had to import the two things that had dominated its import bill in the past: food and oil. That meant that the UK no longer needed to have a surplus in the manufacturing balance, which went negative in 1981.

Quite soon, you had a permanent negative balance of trade in the British economy — a quite extraordinary thing. A tiny negative balance of trade was the stuff of politics in the 1950s and ’60s, yet in the more recent past, a permanent deficit of 4, 5, or 6 percent of GDP has no impact whatsoever. What made this deficit sustainable? The emergence of a new kind of City of London. It was not the City of the Edwardian years. It was something quite different, like an enclave, which was about bringing money into the UK as much as taking it out. It was precisely those net flows of capital into the UK that allowed it to sustain the negative balance of trade.

The most important thing Thatcher did, apart from opening up the economy to Europe and the world, was to encourage the increasing inequality between capital and labor and between the regions. There was an extraordinary reversal of the move toward greater equality of income, wealth, and regional development that had been taking place from 1945

The loss of trust in government that arose from the obvious, systematic mendacity of the Blair administration around Iraq had and continues to have profound consequences. It generated a new, deep cynicism in politics

It’s striking that the Conservatives have increased their vote share in every election since 1997. The idea that Boris Johnson suddenly transformed the fortunes of the party is quite wrong. That’s one legacy of Blairism — not just Brexit, but also a new, revived, and dangerous Conservative Party. If Thatcherism begot Blairism, I think Blairism begot “Johnsonism” by a very different process.

The UK has been a place where global capitalism does its business. There’s relatively little we could straightforwardly call British capitalism

there aren’t the sort of connections between business and the Conservative Party that there would have been when they were all the same people. There are, perhaps, connections between particular kinds of business and the Conservative Party — particular hedge funds, for example, or Russian oligarchs. Between them, they’re pushing the Conservatives to be a party that’s pressing for an even greater degree of tax-haven status for the British economy, making it even more of a rentier, liberalized economy than it already is.

We have an extraordinary politics, in which a particular fraction of capital, allied with hard-right elements of the Conservative Party, are pursuing a policy that they don’t really understand and can’t really come to terms with.

We’ve had great programs of political-economic change, from mobilization in World War II to going into the European Economic Community. But those were planned and thought through — there weren’t any great surprises. This one hasn’t been. It hasn’t even really been improvised. It has just been a very peculiar mess.

the politics of the Brexiteers themselves aren’t the politics of Brexit voters. The Brexit vote is an old vote, just like the Conservative vote. One has to credit the Conservatives with realizing that their vote was an old one and doing everything they could to sustain that vote — for example, by keeping NHS spending and pension spending up, systematically targeting welfare at the elderly and taking it away from the young