petej + globalisation   318

Financial Globalisation Has Been a Disaster. Brexit Gives Us a Chance to Resist It | Novara Media
The left was right to campaign against leaving the EU in 2016. Based on the tenor of the campaign, it was clear the Leave campaign would embolden the xenophobes and nationalists that exist across the class spectrum in the UK. This prediction was proven chillingly correct with both the spike in hate crime that followed the referendum and the movement that has emerged around Tommy Robinson over the last few weeks. The left should deplore and, if necessary, physically resist such acts of violent racism.

But fighting fascism does not mean accepting globalisation. The fact is, working class people are right to be pissed off about global economic and financial integration – especially those in the places that have been most ravaged by it. Financial globalisation has led to the concentration of capital in a series of financial entrepots, more integrated into the global economy than they are with their own countries. Rather than using this capital for productive investment, these centres have repurposed it for the kind of financial wizardry that caused the 2008 crash. London is in many ways the global financial hub par excellence, with the City of London the vampire squid sucking on the face of the global economy.

The left should be making a case for Brexit that involves resisting financial globalisation, whilst welcoming immigrants from the parts of the world that have been most ravaged by both colonialism and free market neocolonialism.
finance  economics  politics  globalisation  financialisation  neoliberalism  anti-globalisation  IMF  WTO  protest  activism  StiglitzJoseph  KrugmanPaul  TheLeft  France  nationalisation  Greece  Italy  EU  Euro  singleMarket  UK  Brexit  referendum  campaigning  immigration  intervention  economy  dctagged  dc:creator=BlakeleyGrace 
june 2018 by petej
Notes From An Emergency
How is it that some dopey kid in Palo Alto gets to decide the political future of the European Union based on what they learned at big data boot camp? Did we lose a war?

Silicon Valley brings us the worst of two economic systems: the inefficiency of a command economy coupled with the remorselessness of laissez-faire liberalism.
nationalism  TrumpDonald  Europe  USA  SiliconValley  Facebook  Google  Amazon  Microsoft  Apple  monopolies  surveillance  personalData  security  authoritarianism  regulation  globalisation  tradeUnions  resistance  accountability 
may 2017 by petej
Ordoliberalism and the Death of Liberal Democracy – An Interview With Werner Bonefeld | Salvage
Catalonia and Scotland might liberate themselves respectively from Spain and England. That does in any manner change the conditions of social reproduction, as set out earlier. It does not transform Catalonia or Scotland into classless societies. It changes the situations in which social reproduction takes takes place. A dependent labourer from Glasgow, say, has more in common with a dependent labourer from Newcastle than with the Lord of Buccleuch. The identification of individuals with some transcendent values of the nation is regressive. It stinks of soil and blood.
Marxism  postFordism  Thatcher  Thatcherism  globalisation  neoliberalism  financialisation  nationalism  Catalonia  Scotland  Catalunya  ordoliberalism  democracy  theory  politics  interview  dctagged  dc:contributor=BonefeldWerner 
march 2017 by petej
Platform Capitalism and the Government of the Social. Facebook’s ‘Global Community’ | TRU
To sum it up, for me this letter makes it even more clear how Silicon Valley is formulating what Foucault would describe as a new ‘political rationality’ which takes on the legacy of liberalism and neoliberalism in identifying as the main problem the government of populations (billions of users), the maximisation of their social, political and cultural life, and the protection from ‘’risks’, ‘harms’ and ‘errors’ inherent in the circulation of information (false news, sensationalism, polarization, divisiveness, terrorism, climate change and pandemics). This is accomplished within a market economy that never questions ownership or accumulation. Together with the smart city movement, platform capitalism intensifies its vocation to become a new form of social government.
ZuckerbergMark  Facebook  socialMedia  platformCapitalism  filterBubble  misinformation  fakeNews  TrumpDonald  globalisation  politics  government  platforms 
february 2017 by petej The Year in Review: Verso authors reflect on 2016
While the financial class exacerbates its agenda fuelling unemployment and social devastation, the dynamics that led to Nazism are deploying worldwide. Nationalists are repeating what Hitler said to the impoverished workers of Germany: rather than as defeated workers, think of yourself as white warriors so you’ll win. They did not win, but they destroyed Europe. They will not win this time neither, but they are poised to destroy the world.

After two centuries of colonial violence, we are now facing the final showdown. As worker’s internationalism has been destroyed by capital globalisation, a planetary bloodbath is getting almost unavoidable.

After centuries of colonial domination and violence, the dominators of the world are now facing a final showdown: the dispossessed of the world are reclaiming a moral and economic reward that the West is unwilling and unable to pay. The concrete historical debt towards those people that we have exploited cannot be paid because we are forced to pay the abstract financial debt.
TrumpDonald  Brexit  politics  globalisation  capitalism  financialisation  fascism  war 
december 2016 by petej Not a Revolution – Yet
But whatever the hypothesis, it must take account of the real revolution in American politics, the Sanders campaign. The downward or blocked mobility of graduates, especially from working class and immigrant backgrounds, is the major emergent social reality, not the long agony of the Rustbelt. I say this while recognizing the momentum given to economic nationalism by the loss of five million industrial jobs over the last decade, more than half of them in the South.

But Trumpism, however it evolves, cannot unify millennial economic distress with that of older white workers, while Sanders showed that heartland discontent can be brought under the umbrella of a ‘democratic socialism’ that reignites New Deal hopes for a Economic Bill of Rights. With the Democratic establishment in temporary disarray, the real opportunity for transformational political change (‘critical realignment’ in a now archaic vocabulary) belongs to Sanders and Warren. We must hurry.
TrumpDonald  USA  politics  election  class  RomneyMitt  religion  CatholicChurch  globalisation  gender  women  ClintonHillary  race  fascism  BannonStephen  RepublicanParty  DemocraticParty  SandersBernie 
november 2016 by petej
« earlier      
per page:    204080120160

related tags

9/11  1930s  1950s  AbuDhabi  abundance  accelerationism  accountability  accountancy  accumulation  Acer  activism  adaptation  advertising  affordability  Afghanistan  Africa  Agamben  age  agency  agriculture  AI  Airbnb  Al-Nahyan  al-Qaeda  al-Shabab  algorithms  alienation  alt-right  Amazon  AmericaFirst  analysis  anarchism  Andersen  anger  animation  Anonymous  anti-capitalism  anti-cuts  anti-globalisation  anti-intellectualism  anti-racism  anti-work  Apple  ArabSpring  army  art  artificialIntelligence  Asda  Asia  aspiration  Assad  Asus  asylum  attack  audio  austerity  Australia  Austria  authenticity  authoritarianism  authority  automation  Autonomia  autonomism  Bahrain  bailout  Bangladesh  BankOfEngland  banks  BanksArron  banlieues  BannonStephen  BarberMichael  Barcelona  BBC  BeerStafford  Belarus  Berlin  BernsteinEdouard  bigData  bigotry  biopolitics  BlackLivesMatter  Blairism  BlairTony  blogging  BlondPhillip  BlueLabour  BofE  book  borders  bourgeoisie  branding  brands  Brazil  BrettonWoods  Brexit  Britishness  BrownGordon  brutality  Bukharin  bullshitJobs  BushGeorgeW  business  Cadbury  caliphate  call-centres  callCentres  Cambridge  CameronDavid  campaigning  capitalism  capitalPunishment  carbonEmissions  CardiffCity  CarneyMark  cartoon  casualisation  Catalonia  Catalunya  CatholicChurch  celebrity  censorship  centrism  CETA  change  Channel4  CharlieHebdo  childLabour  children  Chile  China  chocolate  Christianity  Cisco  cities  citizenship  CityFootballGroup  class  climateChange  ClintonBill  ClintonHillary  clothing  coercion  cohesion  ColdWar  collaboration  collectivism  colonialism  coltan  commerce  commodification  Commonwealth  communication  communism  community  competition  complexity  compromise  computers  computing  conditions  conflict  confrontation  Congo  connectedness  ConradJoseph  conservatism  construction  consultants  consumerism  consumption  control  cooperation  copyright  Corbynism  CorbynJeremy  corruption  cotton  councilHousing  counter-terrorism  coup  CoxJo  crime  Crimea  crisis  CruddasJon  culture  customsUnion  cuts  cybernetics  CzechRepublic  data  dataMining  Davos  dc:contributor=BastaniAaron  dc:contributor=BaumanZygmunt  dc:contributor=BonefeldWerner  dc:contributor=ButlerJames  dc:contributor=Dyer-WithefordNick  dc:contributor=GindinSam  dc:contributor=HarveyDavid  dc:contributor=KumarAshok  dc:contributor=MasonPaul  dc:contributor=PanitchLeo  dc:contributor=PetersAaron  dc:contributor=SandersBernie  dc:contributor=SarkarAsh  dc:contrinutor=HardtMichael  dc:creator=AminSamir  dc:creator=AtranScott  dc:creator=AventRyan  dc:creator=BadiouAlain  dc:creator=BastaniAaron  dc:creator=BaumanZygmunt  dc:creator=BehrRafael  dc:creator=BlakeleyGrace  dc:creator=BraggBilly  dc:creator=BrownGordon  dc:creator=ChakraborttyAditya  dc:creator=ChomskyNoam  dc:creator=Dyer-WithefordNick  dc:creator=ElliottLarry  dc:creator=EllisMike  dc:creator=FraserGiles  dc:creator=FreedlandJonathan  dc:creator=FuchsChristian  dc:creator=GibsonWilliam  dc:creator=GrayJohn  dc:creator=GreenwaldGlenn  dc:creator=HagueWilliam  dc:creator=HallRichard  dc:creator=HariJohann  dc:creator=HarrisJohn  dc:creator=HarveyDavid  dc:creator=HawkingStephen  dc:creator=HirstAggie  dc:creator=HousemanTom  dc:creator=HuttonWill  dc:creator=JacobSam  dc:creator=JacquesMartin  dc:creator=JonesOwen  dc:creator=KernohanDavid  dc:creator=KingsnorthPaul  dc:creator=KinnockStephen  dc:creator=KleinNaomi  dc:creator=LanchesterJohn  dc:creator=MarrAndrew  dc:creator=MasonPaul  dc:creator=McQuarrieMichael  dc:creator=MeadwayJames  dc:creator=MeekJames  dc:creator=MilibandEd  dc:creator=MishraPankaj  dc:creator=MonbiotGeorge  dc:creator=MooreSuzanne  dc:creator=MorozovEvgeny  dc:creator=MouffeChantal  dc:creator=NagleAngela  dc:creator=O'ReillyTim  dc:creator=OrrDeborah  dc:creator=PikettyThomas  dc:creator=RosenMichael  dc:creator=RoyArundhati  dc:creator=RuncimanDavid  dc:creator=SandersBernie  dc:creator=SchamaSimon  dc:creator=ShatzAdam  dc:creator=SmithZadie  dc:creator=StandingGuy  dc:creator=SterlingBruce  dc:creator=StrossCharles  dc:creator=VaroufakisYanis  dc:creator=WellerMartin  dc:creator=YoungeGary  dc:creator=ZizekSlavoj  dc:creator=ZuckermanEthan  dctagged  debt  decolonisation  deficit  deglobalisation  dehumanisation  deindustrialisation  Deleuze  deliverology  Dell  Deloitte  delusion  democracy  DemocraticParty  demonisation  demonstration  deregulation  design  designFiction  designThinking  detention  development  dictatorship  DiEM  DiEM25  digitalBauhaus  digitalLabour  diplomacy  disaffection  disaster  discipline  discrimination  discussion  disruption  distrust  diversity  division  drugs  Dubai  EagletonTerry  EbbwVale  economics  economy  editorial  EDL  education  EEA  Egypt  election  electoralism  electoralReform  electronics  elites  elitism  emissions  Empire  empiricism  employment  energy  England  Englishness  Enlightenment  environment  environmentalism  Erdogan  ErnstAndYoung  ethics  ethnicity  EU  Euro  Europe  EuropeanParliament  exclusion  exploitation  extremism  Facebook  factories  factory  fakeNews  FALC  FarageNigel  farRight  fascism  fashion  fear  FederalReserveBank  feminism  Fidesz  FIFA  FillonFrancois  film  filterBubble  finance  financialCapitalism  financialisation  FLA  flexibility  folkPolitics  food  football  footwear  foreignPolicy  fossilFuels  FoucaultMichel  Foxconn  FoxLiam  fragmentation  France  FranceInsoumise  freedomOfMovement  freelancing  freeTrade  FriedmanMilton  FriedmanThomas  FrontNational  fuelTax  G8  G20  games  GATT  ge2017  gender  generalElection  Genoa  gentrification  geography  Germany  GhemawatPankaj  GiddensAnthony  gigEconomy  giletsJaunes  GiulianiRudy  GlasmanMaurice  Glencore  globalisation  globalism  globalWarming  GoodhartDavid  Google  government  grants  Greece  GreenParty  Greenwich  grief  growth  Guardian  GuardiolaPep  hardBrexit  Hardt  HardtMichael  hatred  Hayek  health  heterogeneity  HewlettPackard  hierarchy  higherEducation  HinkleyPoint  history  Hitler  HobsbawmEric  holidays  HollandeFrancois  homeOwnership  homophobia  horizontalism  housing  humanRights  Hungary  HuttonWill  identity  ideology  ignorance  IlyinIvan  IMF  immaterialLabour  immigration  imperialism  inauguration  independence  Independent  India  indignados  individualism  Indonesia  industry  indyref  inequality  information  informationTechnology  infrastructure  innovation  insecurity  institutions  integration  Intel  interestRates  internationalism  Internet  intersectionality  intervention  interview  intolerance  intrusion  InventingTheFuture  investment  ipad  iphone  IPR  Iran  Iraq  Ireland  ISIS  Islam  IslamicState  Islamism  Islamophobia  Italy  ItF  Japan  jihadism  jobs  JobsSteve  JohnsonBoris  journalism  KaraganisJoe  Kent  Kenya  Keynes  Keynesianism  KeynesJohnMaynard  Keynsham  KingsnorthPaul  knowledgeEconomy  KPMG  Kraft  KrugmanPaul  labour  LabourParty  lateCapitalism  LatinAmerica  LawAndJusticeParty  leadership  leaks  Leave  lecture  legal  legislation  leisure  Lenin  LePenMarine  letter  liberalism  libertarianism  Libya  lies  Lipetsk  liquidModernity  livingStandards  localism  London  LongHuey  LRB  LuxemburgRosa  MackayMalky  Macquarie  MacronEmmanuel  Malaysia  managerialism  Manchester  ManchesterCity  manifesto  manufacturing  MarcuseHerbert  marketing  marketisation  markets  Marx  Marxism  masks  MasonPaul  Mayfair  MayTheresa  MazzucatoMariana  McDonnellJohn  MeadowsShane  media  melancholy  MelenchonJean-Luc  meme  mentalHealth  metrics  Michigan  Microsoft  middleClass  MiddleEast  migrants  migration  MilibandEd  MilibandRalph  military  militia  millenarianism  minerals  minimumWage  mining  misinformation  misogyny  mobilePhones  Modi  ModiNarendra  Mondelez  money  monitoring  monopolies  monopoly  MontPelerin  MontPelerinSociety  MOOCs  MorganNicky  MubarakHosni  Mugabe  multiculturalism  multinationals  Multitude  MumfordLewis  murder  MuslimBrotherhood  Muslims  NAFTA  NagleAngela  Nairobi  nation  nation-state  nationalIdentity  nationalisation  nationalism  NATO  Nazism  negotiation  negotiations  Negri  NegriAntonio  neofascism  neoliberalism  networks  NewLabour  news  NewYorkTimes  NextBerlin  Nintendo  NLR  noDeal  normalisation  Norway  nostalgia  Novara  NSA  nuclearWeapons  nudge  NYCFC  ObamaBarack  Observer  occupation  Occupy  occupyEverywhere  occupyLondon  OECD  openBorders  opened13  openness  operaismo  optimism  OrbanViktor  ordoliberalism  outsourcing  ownership  Oxfam  Pakistan  Palestine  Panorama  Paris  participation  Pasokification  PatelPriti  patriotism  pay  peace  Pennsylvania  pensions  personalData  Peterborough  philanthropy  Philippines  photograph  photography  Pinochet  piracy  place  platformCapitalism  platforms  PLP  Poland  polarisation  policing  policy  politicalEconomy  politicalParties  politician  politicians  politics  populism  post-capitalism  post-industrialism  post-work  poster  postFordism  poverty  power  precariat  precarity  press  PRISM  privacy  privatisation  productivity  profit  proletariat  propaganda  property  proportionalRepresentation  protectionism  protest  publicServices  publicSpending  purity  PutinVladimir  PwC  QE  Quakers  quantitativeEasing  race  racism  radicalisation  radioactivity  Ramsgate  RanaPlaza  rationalism  ReaganRonald  rebellion  recession  RedUKIP  referendum  refining  reform  refugees  refusal  regulation  relationships  religion  relocation  Remain  renewables  rent  report  repression  RepublicanParty  research  resentment  resistance  ResolutionFoundation  restoration  retail  retraction  review  revolt  revolution  rights  rightToBuy  risk  RobinHood  RobinsonTommy  RodrikDani  RomneyMitt  rural  Russia  RustBelt  Rwanda  SACOM  salaries  Samsung  sanctions  SandersBernie  SaudiArabia  scale  scapegoating  scarcity  SchengenAgreement  schools  science  Scotland  Seattle  secrecy  sectarianism  secularism  security  self-employment  separatism  services  sexism  sharing  sharingEconomy  SheikhMansour  Shenzhen  shopping  SiliconValley  singleMarket  SinnFein  Sivanandan  Skarbimierz  skills  smoking  SNP  SnyderTimothy  socialDemocracy  socialism  socialMedia  socialMobility  socialMovements  socialNetworking  society  sociology  solidarity  Somalia  Somerdale  SomewhereAnywhere  SOMO  Sony  SorianoFerran  SorosGeorge  sovereignty  SovietUnion  space  SPD  speculation  Spinoza  sport  squatting  SriLanka  SrnicekNick  stagnation  startups  state  steel  StiglitzJoseph  Stoke-on-Trent  storage  strategy  students  suicide  SummersLarry  supermarkets  surveillance  sustainability  sweatshops  SWP  Syria  tactics  talk  TanVincent  targets  tariffs  Tatarstan  tax  taxation  taxAvoidance  taxEvasion  TaylorAstra  TeaParty  technology  technoUtopianism  television  territory  terrorism  Thanet  Thatcher  Thatcherism  TheEconomist  TheLeft  theory  TheRight  tobacco  tolerance  torture  ToryParty  tourism  TPP  trade  tradeUnions  tradition  training  Trans-PacificPartnership  transparency  transport  travel  tribalism  Trident  TrumpDonald  trust  TTIP  Tunisia  Turkey  UAE  Uber  UBI  UK  UKIP  Ukraine  ukuncut  UN  unemployment  UnitedNations  UniversalBasicIncome  universities  unpaidLabour  unpaidWork  urban  Urbicon  USA  USSR  utopianism  value  vanguardism  Venice  VforVendetta  video  Vietnam  Vimeo  violence  Visegrad  visualisation  Vizio  Vodafone  Vodaphone  vulgarity  wages  Wal-Mart  Wales  war  warehouse  warOnTerror  water  wealth  weblogging  welfare  welfareState  Westgate  whiteSupremacism  wikipedia  wikipediaPage  WilliamsAlex  Wisbech  Wisconsin  women  work  workEthic  workfare  workingClass  WorldBank  WorldWarI  WTO  xenophobia  XiJinping  YellenJanet  Yemen  youth  YouTube  zeroHours  ZuckerbergMark 

Copy this bookmark: