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Donald and Rudy join John Smith, author of Imperialism in the 21st Century: Globalization, Exploitation and Capitalism's Final Crisis for a discussion on imperialism and unequal exchange. We discuss the history of three global commodities: t-shirts, iPhones and coffee and what they can tell us about the worldwide social relationships of capitalism, why GDP and productivity are illusions that hide exploitation and super-profits, the concept of labor aristocracy and super-profits and the political programs of Arghiri Emmanuel, Samir Amin and Ruy Mauro Marini. We then turn to the present, including capitalism's crisis, decaying US hegemony, the possibilities of North-South solidarity and the existing actual solidarity links in trade unions. We finish by discussing what fair trade relationships between socialist countries could look like.
By Cosmonaut Magazine4.7
9191 ratings
Donald and Rudy join John Smith, author of Imperialism in the 21st Century: Globalization, Exploitation and Capitalism's Final Crisis for a discussion on imperialism and unequal exchange. We discuss the history of three global commodities: t-shirts, iPhones and coffee and what they can tell us about the worldwide social relationships of capitalism, why GDP and productivity are illusions that hide exploitation and super-profits, the concept of labor aristocracy and super-profits and the political programs of Arghiri Emmanuel, Samir Amin and Ruy Mauro Marini. We then turn to the present, including capitalism's crisis, decaying US hegemony, the possibilities of North-South solidarity and the existing actual solidarity links in trade unions. We finish by discussing what fair trade relationships between socialist countries could look like.

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