Posts

The ongoing implosion of British Imperialism

For the last two months, a dark cloud has loomed over the entirety of european imperial capital, more so over Britain than elsewhere. The looming threat of Brexit . Ever since the referendum to leave the EU ended with a decisive vote in favour of leaving, the political leadership of the UK has scrambled to find its way out of the mess they themselves have created. The Brexit referendum, much like the Scottish independence referendum before it, comes at a time when the British economy has been in decline. Already fragile from prolonged deindustrialization, it was hit particularly hard from the global financial crisis which hit the world in 2008. The BBC reports that the period between 2008 and 2011 saw a record rise in unemployment within the UK, reaching over two and a half million unemployed in the end of 2011. The British bourgeoisie dealt with the crisis through a policy of austerity, as a consequence of which an unprecedented attack was mounted on Britain&#

Venezuela - The End of Chavism

Every day new images come from Venezuela, of hungry, angry masses protesting in their hundreds, and fleeing by the thousands. The deep crisis in Venezuela has revealed in most glaring manner, the failure of the alternative proposed by so-called Bolivarianism. What was touted as 'Socialism for the 21st century' . It was a system that did not expropriate capitalism, did not enforced nationalization of land, did not nationalize the commanding heights of the economy, and cooperated fully and freely with international capital, and the national bourgeoisie. All of this was managed under a very distorted democracy which retained every character of bonapartism. A combination of state capitalism, populism and militarism constituted what was called 'Chavism' . There was nothing unique about it, save for the illusion of it being a version of Socialism 'achievable' under the conditions of the 21st century. The idea itself is borne out of defeatism and re