Saturday, October 31, 2020
Why has the United States has reacted with such ferocity in ramping up sanctions and bans on Chinese companies? Whilst China’s economy has grown and it has developed its political, economic and military power globally, it is still nowhere near being able to challenge the US’s superpower status. But what it is doing very effectively is developing world-leading digital companies like Huawei and Ant. As well as China’s cutting-edge companies, its success with state intervention in the economy is a direct challenge to free market neo-liberalism.
Wednesday, October 28, 2020
We are now only too used to a world of war, including in Europe in the Balkans and the continuing conflict in Ukraine. The cold war is portrayed as a time of great world tensions, yet there was far less armed conflict and more attempts to achieve peaceful relations between states. The Helsinki Accords were an attempt to create a binding framework for security and cooperation in Europe, but did not fulfill their potential due to the West's lack of commitment.
Monday, October 26, 2020
The West demonises Russia and Putin to stir up hostile sentiment to a rival. Putin has stood up to this, which has provided an important counter-balance to Western power. However, that does not make his regime a positive one for the people of Russia. The West has its favoured opposition leaders like Alexei Navalny, but there are other forces on the ground.
Sunday, October 25, 2020
The West has a strategy of trying to encircle Russia with friendly states. Since Belarus hasn't voluntarily gone down this route it was set up for another 'colour revolution', following a familiar pattern from the likes of Ukraine. However, its President Alexander Lukashenko didn't give in to that either and has resisted the attempt to oust him from power.
Tuesday, August 18, 2020
Its advocates idealistically hope that Universal Basic Income (UBI) will change the world, undermining the logic of capitalism. But there are flaws in how possible schemes would operate. Most do not propose to pay an amount of money that people could actually live on with inevitable negative consequences. Some groups would lose out, it would tend to subsidise low-wage employers as people would still have to work and there would be tax increases on low and medium earners along with cuts to welfare spending to finance it. Nor is UBI only an idea of the left. Neo-liberals have proposed it as a way of further cutting and privatising services. To fulfill its utopian ideals UBI would need to be set at the level of a decent wage. To pay this to everyone would be mindbogglingly expensive especially when a progressive government would have many other priorities.
Monday, August 17, 2020
This is the first of a two-part tribute to Denis Goldberg, hero of the struggle for the liberation of South Africa. It deals with his early life, how he became active in the fight against apartheid and the important contribution he made. It also covers the Rivonia trial, where Denis was sentenced with Mandela and others to life imprisonment, and with the twenty-two years he spent in prison. The article reflects on Denis approach to politics and life: his sacrifice, dedication and sense of comradeship also his thoughtfulness, sense of humour and boundless optimism. Denis contributed to The Socialist Correspondent and was a speaker at our conferences – he was an inspiration to us all and will be greatly missed.
Sunday, August 16, 2020
The coronavirus pandemic continues to demonstrate the inability of capitalism to deliver for people. The more neo-liberal and parasitic countries are then the worse they have done. Trump's handling of the crisis has been catastrophic for Americans, but whatever damage it does, the United States remains the world's hegemonic superpower. It is now, however, facing conflicts with other capitalist powers over their different strategic interests. Above all the US has decided to ramp up tensions with China as it seeks to prevent it challenging its global dominance.
Friday, August 14, 2020
After the financial crash of 2008 some thought that the culpability of the banks would lead to fundamental change - it did not. Nor will it necessarily post-coronavirus, with financial institutions set to benefit from economic support measures put in place by governments and big tech companies and others making big profits in the pandemic. Many hope that the evidence of how workers are key to the creation of wealth and the social solidarity built during the pandemic can lead to change – but that will not happen automatically, change will only occur if it is fought for.