Revolutionary Possibilities

In short, more than a viral pandemic, a global capitalist crash and climate change weigh on world trade and investment. So too does the question of whether globalized capitalism produced so many victims and critics that it cannot survive no matter how it might be reconfigured. If so, will the consequent transition hold on to capitalism but drop “globalization” to become instead a tense, dangerous world of contending nationalist capitalisms? Or, alternatively, will we see a transition to a post-capitalist global system of quite differently organized enterprises, political institutions (including nation-states), and movements of productive resources and products across its geography?Revolutionary possibilities loom.

Source: Revolutionary Possibilities: Could U.S. Capitalism Turn Nationalist? – CounterPunch.org

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s