“Hard Landing” Nightmares Are Back

While crisis and recession are common under capitalism, the contours of global capitalism have changed dramatically since 2008. There’s a real danger that in this new era of imperialist conflict, things could spiral completely out of control. The old neoliberal globalized order is falling apart, but this doesn’t mean it’s being replaced with anything better. […]

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Marx’s “Eighteenth Brumaire” Revisited In New Era of Strong Man Rule

“Strong man” rule is spreading in this period of capitalist nationalism and militarism. Orban in Hungary, Yoon in South Korea, Erdogan in Turkey and now of course, above all Donald Trump wield state power in their own interests, undermining and directly jettisoning “democratic” norms, without consultation with parties or parliament. France from 1848 to 1852, […]

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