Activity

[...] The deregulation of financial services really followed structural transformations within the world capitalist economy. As capital went global, particularly in the form of the multinational corporation, it encouraged the growth of lending institutions which could operate outside of national bo…

[...] Has globalization become a euphemism for imperialism or are these distinct phenomena?

LP: I think one should try to retain these terms in somewhat of a separate way. I don’t think that we should transfer all the meaning that the word capitalism or global capitalism or even globalizatio…

DH: Accumulation by dispossession is, to me, a very important concept. And it doesn’t simply apply in the periphery of the global capitalist economy. For example, in Mexico, the reform of the land system there, privatizing land, has forced many peasants off the land. The result is the land has gone…

**What was the chain of events that helped facilitate the process of developing countries becoming beholden to institutions like the IMF and the
World Bank which dictated neoliberal policies—starting with the OPEC oil crisis of the early 1970s and the petrodollars that were produced by those count…

[....] The whole capitalist system is operated by market imperatives, the compulsions of competition, profit-maximization, and capital accumulation.

Why don't commerce or trade in goods constitute capitalism, as some might assume?

EMW: I make a distinction between market opportunities and…