The Internationalism

Internationalism No. 73, March 2025 Page 11 The Lehman Brothers bankruptcy in September 2008 has gone down in history as the symbol of the financial crisis and of the subsequent “great recession”. According to our Marxist analysis, that economic earthquake revealed above all a world power balance transformed by Atlantic decline and Chinese rise. It was a crisis in global relations and, in fact, we can also count the birth of the BRICS among its strategic consequences: the coalition of China, India, Russia, Brazil, and South Africa began meeting annually, demanding the reform of the international order to give the emerging powers a bigger say. G7 and BRICS in the G20 The firstborn son of the global crisis was the “Group of Twenty” (G20) which, as swiftly as November 2008, met for the first time in Washington at the level of heads of State and government. We wrote in our newspaper that this was the birth of a “new balance in power relations: the old metropol...

Internationalism No. 50, April 2023 Pages 1-2 The postwar vicissitudes of European imperialism - from the European Coal and Steel Community (ECSC) in 1951 to the Treaty of Rome leading the European Economic Community (EEC) in 1957, and then to the Maastricht Treaty and the European Union in 1992, the euro federation in 1998 and the institutional Treaty of Lisbon in 2007 - provide an exemplary charting of the dialectic of unity and scission of unitary imperialism. The big concentrations of capital, and the powers in their grip, demonstrate the aspect of the unity of the global imperialistic system in its common interest to guarantee the production of surplus value and the conditions for exchange and circulation connected with it, together with the class rule on which it is premised. At the same time, the shares of the world’s social capital and the powers are permanently divided by the scission of the struggle to share out surplus value, markets and sources of ...