by Will Griffin
Writer, Dandelion Salad
June 14, 2022
The Peace Report on Jun 8, 2022
In the previous video, we discussed how the capitalist-imperialist system developed over the past century. Today, in the current phase, we will discuss its 4 main characteristics, as laid out by Pao-Yu Ching in the highly recommended book, Lenin’s Imperialism in the 21st Century published by the Institute of Political Economy.
Pao-Yu Ching describes 4 characteristics of the current phase of imperialism as:
- The hegemonic status of the US dollar and the US domination in international finance.
- The internationalization of production and accumulation.
- The interconnectedness of the global capitalist class.
- The unresolvable and deepening contradictions between the capitalist state and its people.
The Global Police State by William I. Robinson
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From the archives:
Michael Parenti: Globalization, the New Imperialism
Will Griffin: Imperialism After Lenin
Will Griffin: Understanding Imperialism: One Divides Into Two
Michael Hudson: Sanctions: The Blowback
The American Empire Self-destructs, by Michael Hudson
William I. Robinson: The Global Police State, Capitalism and 21st Century Fascism
Imperialism is the Source of our Society’s Growing Misery and Death, by Rainer Shea
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Sounds so familiar a program as what the British did to Ireland so many years ago.