Page 8 - Highest Stage News Today

The artist and activist—and author of a new memoir, 1000 Years of Joys and Sorrows—on Andy Warhol, Stephen Hawking, and the book that proved him wrong.

Gilles Dauvé discusses his 1972 essay Capitalism and Communism, Marxism and the state capitalist countries of the 20th century, the position of workers today.

Racism in the United States has been cited as a key driver of racial health inequities. Racism as a public health crisis has been in the forefront, particularly with respect to state and municipal governments that have developed legislation, resolutions and declarations. This policy brief includes a review of resolutions and declarations across the US related to Racism as a Public Health Crisis through September 2020. There were 125 resolutions reviewed for content related to the history of raci...

—National Security Agency director Robert O’Brien, 2020 U.S. fantasies of expansion, commercial dominion, and military prowess have long hinged on a premise of Pacific exceptionalism. Couched in the millenarian language of manifest destiny, the Pacific region and its multitudinous ecosystems, cultures, peoples, and nations have been vacated in favor of an aqua nullius that frames the region as an empty space designated for U.S. possession by divine providence. This manufactured Pacific id...

Imperialism, the Highest Stage of Capitalism, Lenin defined the five “basic features” of imperialism: (1) the concentration of production and capital developed to such a high stage that it created monopolies which play a decisive role in economic life; (2) the merging of banking capital with industrial capital, and the creation, on the basis of this “finance capital,” of a financial oligarchy; (3) the export of capital as distinguished from the export of commodities acquires exceptional...

Print this article Every day, we are warned about the power of monopolies, and some concerns are justified. But a look at history confirms that monopolies do not tend to survive all that long. Large companies such as Google, Amazon, Facebook, Microsoft, and Apple have come to be portrayed as the “enemy” all around the world. The paradox: Almost everyone uses their products and services, but hardly anyone likes the companies behind them. Some concerns are justified, especially regarding the...

China Daily, May 10, 2021. Cheng Enfu is a principal professor at the University of the Chinese Academy of Social Sciences, director of the Research Center for Economic and Social Development at the Chinese Academy of Social Sciences, and president of the World Association for Political Economy. He can be reached at 65344718[at]vip.163.com. Lu Baolin is a professor at the School of Economics, Qufu Normal University. Neoimperialism is the specific contemporary phase of historical development tha...

According to the Australian Strategic Policy Institute (ASPI – check out who pays its bills), apparently everyone is racing to get their central bank to have a digital currency, with China years ahead in its development. The Bank for International Settlements Committee on Payments and Market Infrastructure noted, in March 2018, that such a currency would be “a central bank liability, denominated in an existing unit of account, which serves both as a medium of exchange and a store of value�...

Capitalism as a world system From the Summer 1986 issue of the World Socialist Capitalism is basically an economic system, one in which production is oriented towards the accumulation of capital out of monetary profits realised on the market, the source of these profits being the unpaid labour of those who produce the goods that are sold. Production for a market, the accumulation of wealth having a monetary value, and even the exploitation of wage-labour had existed since ancient times but as ...