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Our Times 3

Globalization

  • How privatization became the economic dogma of our time

    Based on the notion that the private market can always do things better, the doctrine of privatization has become so pervasive that it is rarely questioned or challenged, becoming a driving force in our politics. The benefits of privatization are routinely asserted with great confidence, although rarely with any proof. In fact, the evidence suggests the opposite: that privatization is costing us dearly in financial terms.

  • Remembering Seattle: Class, globalization, and the state

    The protest in Seattle demonstrated the power of a convergence of class and new social movement politics but without a plan to seize state power the left will always be reactive. The lessons of Seattle are the power of solidarity but also the power of the state. Protests are empowering, they generate solidarity, but they can only slow down capital momentarily.

  • What democracy looks like: Reflections on trauma, protest, and Quebec City, 2001

    I left Quebec City with the knowledge of how far my government would go tosilence us. And I am a coward. So I have never participated in another protest since that weekend in April 2001. I lost my faith in elected governments. I lost my faith in direct action. I lost my faith, in some ways, in social change. Maybe I just grew up. I try to keep fighting, but Quebec City changed me forever. It turns out that was what democracy looks like.

  • Anti-globalization and its discontents

    Unless the socialist Left throws itself wholeheartedly into its activities and debates, it will not receive a hearing during this or probably any future wave of radicalization. Ahead of us all is the unmet challenge—the construction of a new International of Hope, which fires the imagination and mobilizes the energies of millions of people in the struggle against capitalist barbarism and for socialism.

  • From anti to alter-globalization

    Although the historic alterglobalization moment has now passed, its ideas and achievements continue to inspire and we can detect its legacy in new forms of resistance and networking, such as the Great Transition conference and the World Social Forum on Transformative Economics, among many other events and developments. It is still too early, however, to hail the rise of an Alterglobalization 2.0.

  • 20 years after Seattle: Dispensing with myths

    Over the last two decades, counterproductive myths have developed around the Battle of Seattle. Now is a good time to dispense with them. One way to do this is to revisit the history from the perspective of those who were involved in organizing the mass direct action. I was one among them.

  • Global economic volatility and socio-political reactions

    Trade and currency wars, financial volatility and economic turbulence are now the most important features of the world economy. The elements of a new international financial crisis are in place. Although we do not know when it will break out, it is unavoidable, and its impact on world economy will be as significant as the 1880s-90s, 1930s-40s and more recent 2008-09 meltdowns.

  • As Germany greenlights Huawei, US has lost its 5G war

    On Monday, the news broke that Germany would not be excluding Huawei from participating in its fifth-generation (5G) internet networks. With the country’s new “security catalog” being released, setting out rules and guidelines to ensure safety in the building of the network, no formal bans or exclusions of individual vendor companies were specified, giving the Shenzhen telecommunications firm the green light.

  • The IMF is utterly indifferent to the pain it’s causing

    For the past 40 years, the IMF has had the same agenda: to make sure that developing countries adhere to the rules of globalization set by the advanced capitalist states. Sovereignty of these developing countries has become irrelevant, as their governments have to accede to pressure from the IMF on fiscal and monetary policy as well as their trade and development agenda.

  • Non-Aligned Movement gathers in Venezuela to resist dictatorship of dollar

    Officially founded in 1961 by post-colonial icons like Egyptian President Gamal Abdel Nasser, Jawaharlal Nehru of India, and Yugoslavian leader Josef Tito, NAM was originally conceived as an alliance between countries seeking independence from both the US and Soviet power blocs during the height of the Cold War. Nearly 30 years since the end of the Cold War, the US is still attempting regime change operations or carrying out unparalleled economic aggression against NAM member states.

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