The Internationalism

Since March 1 st , the Nigerian economist Ngozi Okonjo-Iweala has been the new director general of the World Trade Organization. Like a coach hired by a team languishing at the bottom of its league — writes Larry Elliott of The Guardian — Okonjo finds herself in the happy position of taking over at the WTO when the only way is up , This historic international institution is unlikely to experience extinction or irrelevance. However, the appointment of Okonjo does not in itself remedy WTO’s deep troubles. An alternative in plurilateralism The negotiating function of the WTO has been lacking for twenty years now. The latest ambitious goal of liberalising trade in goods and services, announced in Doha in November 2001, became bogged down by the impossibility of a general compromise between old powers and large emerging economies. In 2015 Michael Froman, President Barack Obama’s Trade Representative (USTR), officially called for the abandonment of the Doha Round. Froman’s alternative p...

From the series News from the Silk Road The international tensions which China will face on the seas in the next fifteen years could find a buffer in the expansion of China’s influence on land in Central, Southern and Western Asia. Wang Jisi is the dean of the School of International Studies at the University of Beijing and a major figure of the American party in China. His unexpected foray into ‘geopolitics’ has reignited the old clash between different American currents — a phenomenon we analysed more than twenty years ago. At the time, Robert Manning, the author of The Asian Energy Factor and adviser to the State Department in 1991, viewed Asia’s growing dependence on the Persian Gulf for its energy requirements in the light of geoeconomics and geostrategy and foresaw a possible convergence between the USA and China. From a geoeconomic standpoint, both trade and the funding and development of the infrastructure necessary for Asia’s energy needs were more important than terri...

Recovery from the pandemic crisis — writes the IMF in April’s World Economic Outlook — is increasingly visible due to three factors: first, hundreds of millions of people are being vaccinated; second, companies and employees have somewhat adapted to the healthcare disaster; and finally governments especially the American have pledged massive government — extra fiscal support. Governmental fiscal interventions have reached $16,000 billion worldwide, have averted collapse of the economy that would have been three times worse, blocking the 2020 recession at a 3.3% drop, and have pushed the recovery rate to 6% in 2021. The overall recovery will be the outcome of a series of divergent recoveries . Only the United States, with a 6.4% growth rate, will exceed the GDP level predicted before the pandemic. The disparity regards healthcare first of all. High-income countries, representing 16% of global population, have already bought up half of the vaccine doses. The real estate, financial and ...

From the series European News In his book Britain Alone , the Financial Times columnist Philip Stephens argues that David Cameron’s decision to hold the Brexit referendum in 2016 was self-serving […] The prime minister wanted to snuff out a Tory rebellion and to give himself a quieter life in 10 Downing Street . For short term tactical reasons, Cameron gambled on the strategic issue of Britain’s link to Europe. As for Boris Johnson, backing Brexit had been about personal ambition: establishing his claim to the leadership . In Stephens’ reconstruction of events, Brexit was an unwanted outcome for the leaders of the Leave campaign: When Boris Johnson and Michael Gove, […] appeared before the cameras on the morning of 24 June, they looked shell-shocked rather than triumphant. […] Winning was not part of the plan. However, once Brexit had been set in motion, Johnson pursued it with wild abandon and made it the cornerstone of his bid for No. 10. According to Stephens, there was no und...

The Strategic Surprise of the Agreement between Beijing and Tehran and the Suggestion of a Six-Power Concert The agreement between Beijing and Tehran falls under the definition of strategic surprise , i.e., events that entirely appertain to the political realm and mark a change or an about-turn in the balance among the powers. New alliances, the breakdown of alliances, the overturning of coalitions, diplomatic openings or unexpected military sorties: these are the regular novelties of international politics that Arrigo Cervetto wrote about. However, if the agreement was an unforeseeable event in itself, the long-term objective economic and political trends. that have determined it and made it possible are entirely investigable. The invasion of Afghanistan by the USSR at the end of December 1979 was interpreted by the United States as a potential threat to the oil routes of the Persian Gulf, and it was a contemporary revival of the Great Game , which had set the British Empire agai...

The inauguration of the Draghi government has revived top trade union leaders anxious to be involved by the government of all , all the more so in the era of the Recovery Fund. The word consultation has been the most used in some recent trade union comments. Annamaria Furlan, of the CIS [Italian Confederation of Trade Unions] is explicit in calling for a great consultative pact [ Il Messaggero , 8 th February]. Pierpaolo Bombardier, secretary of the UIL [Italian Labour Union], adds that the consultation must become a method to help the country restart . Maurizio Landini, of the CGIL [Italian General Confederation of Labor] sees the novelty in the fact that social partners have been involved in the establishment of the new government [ Conquiste del lavoro , 11 th February]. The two phases of European imperialist politics In this sense there are many comparisons to the Ciampi govemment of 1993, omitting that consultation was functional to limiting the costs of labour. There ...

Before capsules and pods, there was freeze-dried instant coffee powder, which of course tasted nothing like a real espresso. Now: for some time we have been following the vicissitudes of sovereigntists and populists with the idea that their political future depended on their Euro-solubility . Referring to the law-and-order, xenophobic and immigrant-hostile traits that have become common currency in European debates, we wrote that a Europe that protects could use the anti-immigration rhetoric of the sovereigntists to keep them on the leash of the pro-European strategic consensus. No sooner said that done. In Italy, as in France and other European countries, that phenomenon is in full swing. In Italy, the Five Star Movement has already embarked on its path to conversion a year and a half ago, entrusted with no less than the direction of Italian diplomacy. And even the Lega, believe it or not, has become a pro-European party overnight. In France, a similar process has seized Marine Le P...

From the series Vaccines and world contention There are by now ten authorised vaccines already in use against SARSCoV-2, and there are 77 countries in which vaccinations are taking place. By mid-February, 173 million doses had been administered and the campaign is proceeding at an average rate of six million a day, calculated on the basis of last week’s figures. At this pace, it would take 5 years to vaccinate 75% of the world population with two doses [ Bloomberg , February 15 th ]. More than half of the injections have been carried out in the United States, the UK, and the European Union which, together, account for 11% of the world population. In at least one third of the 77 surveyed countries, less than 1% of the population have received their first dose of the vaccine, and, in the rest of the world, vaccines have not yet arrived. Imperialist globalisation Individual states are pursuing autonomous solutions to a global problem. Epidemiologists believe that, while a vast propo...

The pandemic of the century is a storm that does not subside; it returns to its rampage after 40 million infections and more than a million official victims, perhaps two million according to estimates on the excess deaths. In the contention between powers, China stands as the winner: it seems to have tamed the virus, and industry and services are up and running; the USA and Europe, on the other hand, are moving towards a new wave of infections that casts yet more shadows on the economic cycle. Political structures and health systems are at the height of tension. In America, the elections have judged Donald Trump’s rash demagogy on the basis of the opposite reasons for containing the pandemic and the intolerance of small and large producers; in Europe the executives are attempting to steer between the surge in infections, increasingly stringent confinement measures and the threats of fiscal jacquerie in the tourism and catering sectors. Almost everywhere, in the Old Continent, governm...

The pandemic of the century is putting all political leaders to the test, while a colossal state intervention has taken shape commensurate only to those of the 1930s and the Second World War. Donald Trump is suffering the consequences of the cheap demagogy with which he faced Covid-19 in the beginning, and perhaps of the excessive propaganda with which he precipitated the clash with Xi Jinping's China. Vladimir Putin is coming to terms with historic Russian weaknesses, magnified by the recent collapse in oil prices. Narendra Modi is seeing the spectre of famine descending over India. In Brazil Jair Bolsonaro, a Trump imitator, is hounded by the disillusionment of his electors. In France Emmanuel Macron faces, as he did with the yellow vests, the unknowns of a political tradition that was once monarchical and regicidal. Pedro Sánchez, in Spain, is walking the tightrope of balancing the various sections of his shaky coalition, the complicated mosaic of local autonomies and the relat...

Politics of Science and Passion The Internationalist Youth Day conference was held in Milan on February 1 st , in piazza San Babila’s New Theatre. Below we report a synthesis of the conclusions drawn at the conference. The heightening tensions among the powers of imperialism and exacerbating social contradictions around the world have been two unmistakable facets marking the first two decades of this century. In the last few months social protest has animated the streets and squares of various regions on the world stage, in Latin America, the Middle East, Hong Kong, India and France. Albeit with their specific features, both protests and demands for better living and working conditions resounded everywhere. Essentially, those streets and squares reconfirm a well-known passage from Marx and Engels’ Manifesto – The modern bourgeois society […] has not done away with class antagonisms confirming that society is more and more splitting up […] into two great classes directly facing ...