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The 'globalization' myth, US hegemony, and crisis of capitalism, with Radhika Desai

Geopolitical Economy Report

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The Importance of Empire in the History of Capitalism

When George Bush Jr. was in power all the talk was about American empire and what's really fascinating about it Ben is how many Marxist writers also went along with it. Marx emphasized that capitalism was going to end and it was too deeply contradictory to last forever but in this Schumpeterian idea what you have is capitalism simply goes from strength to strength every crisis that it experiences is experiences is just a little local difficulty, he says.

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