Internationalist Perspective 60

January 4, 2015 at 7:02 pm (Uncategorized)

The new issue of Internationalist Perspective is now on-line. Down load it as a PDF from IP’s site:


To Our Readers

A brief account of events and discussions within IP over the past year, so that our readers can have a sense of the issues that we are now confronting.

Heart of Darkness: Modern Imperialism and its Charnel Houses

At this historical conjuncture, the very configuration of inter-imperialist antagonisms has dramatically changed. The old Cold War configuration of two rival blocs that ended with the implosion of the “Soviet” Union, and the promise of a new, peaceful, unipolar world based on globalization and a Pax Americana, has now come to its own bloody end, again reshaping the imperialist chess board, provoking wars and ethnic and sectarian cleansing on a scale not seen since World War Two and its immediate aftermath.

What is ISIS?

An analysis of the rise and power of the “Islamic State” in Syria and Iraq, and the Western response, just a little over a year since the last American troops withdrew from Baghdad.

Ukraine: Back to the Future

An analysis of the widening conflict between Russia and the West focused on Ukraine, as Russia pushes back against the spread of NATO ever further east and the West responds to this challenge.


The rapid spread of the Ebola virus throughout West Africa is no natural disaster, but one that the capitalist world will not provide the resources, financial and medical, to stop. At the same time, in a globalized economy, such an epidemic cannot be localized, but has the potential to rapidly spread far beyond its point of origin.

Why Wealth Redistribution Cannot Solve Capitalism’s Crisis

For “progressives”, and the left of capital, a redistribution of the wealth (taxing the rich, increased wages, massive government spending) is necessary to put the economy back on its feet in the aftermath of the “great recession.” This article examines the reasons why such policies, even if implemented, cannot solve capitalism’s crisis, and it examines the past efforts to respond to the devastating crisis of the “great depression” of 1929, the failures of which prepared the way for capital’s only solution: imperialist war.

The Past Devours the Future

A review of Thomas Piketty’s Capital in the Twenty-First Century in which he analyzes income inequality in the capitalist world over the past two centuries. For Piketty, the present level of income inequality constitutes a danger to the capitalist order today, which capital itself can and must address if it is to save its socio-economic order. Piketty’s recipe for reform is contrasted with the reality of capitalism’s deepening crisis.

Selections from and Commentaries on Michael Heinrich’s An Introduction to the Three Volumes of Karl Marx’s Capital

Heinrich, one of the leading exponents of the new reading of Marx, based on the publications of all of Marx’s manuscripts for his critique of political economy, examines the intricacies and subtleties of Marx’s own exposition and unfolding of the categorial foundations of the value-form (the commodity, its value-objectivity, the necessary role of money, commodity fetishism and communism beyond the commodity form). The new reading of Marx closes gaps in Marxist theory that constitute formidable obstacles to a theoretical comprehension of the actual trajectory of capitalist society.

A Debate on Crisis Theory

Starting from a debate between Michael Heinrich and Andrew Kliman as well as others in the pages of Monthly Review, this article investigates whether Marx’s law of the tendential fall of the rate of profit is real or a mistake, and whether Marx had a mature theory of capitalist crisis that is valid today.


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