Categories
imperialism

Lenin Was Right (Again): The Collapse of the Imperialist Liberal Order

“The question is: what means other than war could there be under capitalism to overcome the disparity between the development of productive forces and the accumulation of capital on the one side, and the division of colonies and spheres of influence for finance capital on the other?” —V.I. Lenin, Imperialism The sanctions on Russia for […]

Categories
Federal Reserve

The Myth of Financial Control and Bourgeois Ideology: Snider vs. Wang

Two of the more offbeat and interesting Federal Reserve analysts these days are Jeffrey P. Snider, Head of Global Research at Alhambra Investments, and Joseph Wang, author of the self-published book Central Banking 101. Both authors seek to unearth the complexity and mystique of this ostensibly powerful capitalist institution (Snider through his blog and Wang […]

Categories
cryptocurrency

The Bitcoin Life Raft or the Terra Firma Society?

Bitcoin has acted as an index of uncertainty since its inception. It was born out of the financial crisis of 2007-09 with a message embedded in the genesis block referencing the instability of the financial system: “The Times 03/Jan/2009 Chancellor on brink of second bailout for banks.” As the financial systems of the imperialist countries […]