Capitalism and greed, as Boris Johnson is proud to say, go together. However, they are not the success he likes to pretend. In fact markets have failed abysmally to deal with the coronavirus pandemic. It is actually the public sector and state intervention that has had the greatest success in combating the virus. Capitalist greed benefits no one but the capitalists. The rich world - the EU and countries like Britain and the United States - are battling it out to secure shares of vaccines while poorer countries are being left far behind. The EU has struggled with it's procurement programme which is a further blow to those who wish to centralise power even more within the bloc.

Joe Biden’s political appointments and domestic policies are the backdrop to the United States strategy to maintain its world dominance. These policies are being forged by veteran Washington insiders - key figures who were also prominent in the Obama era. Domestically policies are aimed at stabilising the US economy post-pandemic and preventing social dislocation and potential further unrest. This includes a big stimulus package for the economy and progressive measures on trade union rights and policing in the wake of the murder of George Floyd. But the Republicans will block much of this and the left will need to push Biden and Harris to fight for these policies. Though Biden’s rhetoric is different from Trump’s, he has appointed foreign policy hawks to his cabinet and will continue with the policies of Obama and Trump aimed at confronting the rise of China and Russia on the world stage. To be able to focus on that more effectively, however, the US is seeking to get out of major military commitments in the Middle East, which have proved a quagmire and instead to use proxies as a more effective way of achieving its ends.

Podcast 40 - The Middle East, United States proxies, rivals, & danger of war by Socialist Correspondent

W. E. B. Du Bois was an outstanding intellectual and activist. Born in 1868, the year that black people in the South were enfranchised he put his science, learning and life in the service of the struggle for equality for black people in America. He was an internationalist and fighter for peace which meant that like so many he became the subject of the US state witch hunts against progressives.

One of the most notorious aspects of the development of neo-liberalism has been the huge growth in the gig economy. With venture capital having a big stake in it, Deliveroo was one of the pioneers in slashing workers’ rights and their terms and conditions of work. The use of workers with bogus self employed status has become a significant feature of how capitalism exploits workers in the 21st century.

One of the hallmarks of this increasingly dangerous world has been the growing hostility of the US towards China as it becomes more powerful and assertive. To understand this conflict it is necessary to also understand China's development since its revolution and the aspiration that the United States had to bring it into its orbit as a capitalist economy serving US economic interests. When it became clear that China would not follow the path prescribed for it by the US and was seeking to develop its own direction, including nurturing hi-tech industries, the US responded quickly to try to halt this. These moves began in earnest under President Obama and were continued by Donald Trump. President Biden will not depart from this path but will seek to collaborate more with US allies, alienated by Trump’s approach, to put pressure on China. The question is whether or not China can overcome attempts to isolate it and the barriers created by sanctions designed to strangle the development of its hi-tech industries.

Britain has left the European Union and exited from the year-long transition period on 31st December 2020. This is four and a half years after the vote to Leave and it is not over yet. The agreement between the UK and the EU leaves many issues unresolved and constructs a web of committees which will keep them in permanent negotiating mode. Although the UK has gained some formal autonomy from the EU in this agreement, nevertheless it is founded on neo-liberal assumptions and keeping both parties in alignment, precluding progressive intervention in the economy.

The Brexit deal has exposed Boris Johnson’s false claim that Britain would gain total control of its fishing after Brexit. In fact, the deal has only given Britain an increased 25% share of the fish within its waters. It’s a far lower figure than the Tory promise of 80%. Over decades the UK government and the EU conspired to develop a market in fishing quotas which benefited big business at the expense of small fishermen. The Brexit agreement has done nothing to change that.

Brexit will leave British capital weaker and marks another significant step in Britain’s decline relative to other imperial powers over the last 100 years. Britain always had an uneasy relationship with the EU, with different allegiances and ambitions from France and Germany. Having said that the dominant sectors of British capital, whose interests were tied up with the EU, were not in favour of Brexit. However it did happen due to the continued tensions within the British ruling-class about its world role, the incompetence of its political representatives and alienation in communities which had suffered neglect over decades. The full impact of Brexit remains to be seen, but there is bound to be a hit on the financial sector which dominates the economy. There is also the prospect of the break-up of the UK with majority support currently for Scottish independence and the reshaping of Northern Ireland’s relationship to the UK and Ireland by the Brexit process. All this is happening against the backdrop of a long term decline in British capital’s share of the world economy, an increasingly parasitic domestic economy and the disastrous handling of the coronavirus pandemic by the UK government and the devolved administrations.

Though defeated in a referendum in 2011, proportional representation (PR) is again being mooted as a way of engaging voters and making the electoral system more democratic. In fact PR would actually produce less of what the electorate wants with more horse-trading of policies. Most importantly it would dilute a clear class divide making radical change harder.