Category Archives: US capitalism, empire and race

Essays on the crisis of capitalism and empire

THE RACIST FOUNDATIONS OF WESTERN CIVILIZATION AND THE WHITE WORKING CLASS

Not many analyst have wanted to deal with the notion that racism can be embedded at the civilization level. There has been the tendency, therefore, to regard white racism merely as a kind of supplement, a corollary and addendum, at … Continue reading

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CLARENCE J MUNFORD’S NEW THEORIZING ON IMPERIALISM AND ANTI-IMPERIALISM

Clarence J. Munford’s Race and Reparation: A Black Perspective for the 21st Century is important both for what it says and who says it. Munford is a major, if not well-known, historian of the African Diaspora. This work thinks in … Continue reading

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RACE, WHITE SUPREMACY AND CIVILIZATION

RACE AND CIVILIZATION: Rebirth of Black Centrality (2001) is Clarence J. Munford’s sequel to Race and Reparation: A Black Perspective for the 21st Century (1996). He says of this current project, “I strive to weave together the scattered strands of … Continue reading

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TOWARDS A DEMOCRATIC PEOPLE’S ECONOMY: MARKETS AND SOCIALISM

In previous essays I supported Nobel Prize economist Joseph Stieglitz’ calls for a restructuring of the US economy from the free market to a social market economy model, with tough regulations on Wall Street and the banks. I argued that … Continue reading

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US FINANCE CAPITAL AND THE DESCENT INTO ECONOMIC BARBARISM

The economist Rudolph Hilferding pointed to the dangers of an economic structure where bank capital is dominant and the state becomes its protector and facilitator. A new capitalist economic structure results; a more exploitative and globalized system. He called this … Continue reading

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THE FUTURE OF US CAPITALISM AND THE UNAVOIDABLE RISE OF CHINA AND AFRICA

The fate of American capitalism is now heavily dependent upon global economic developments, especially in the emerging markets and in particular China, and in the not too distant future, Africa. Emerging economies like Brazil, Russia, India and China (the BRIC … Continue reading

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Du Bois and Bourgeois Democracy: A History of the United States

DU BOIS STATES in Black Reconstruction, “The record of the Negro worker during Reconstruction presents an opportunity to study inductively the Marxian theory of the state (1992:381).” Charles Lemmert (2000:222) is right when he insists that Black Reconstruction “thinks race … Continue reading

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