Adam Blanden writes that If there is to be an effective anti-capitalist politics there must be a serious effort to understand not just the essentials of the system, but also how capitalism is presently developing in novel ways. Blanden sketches how the global economy is changing by drawing on a wide and heterogeneous literature, emphasizing the dynamic, historical nature of capitalism. What are the key features and dynamics of global capitalism today?
UIC Historian Barbara Ransby writes for Colorlines about the black-led movement against state violence. In two short paragraphs she describes the essence of late-stage capitalism, coming soon to a neighborhood near you.
The post-industrial era and the age of global neoliberal policies means cities and neighborhoods have been abandoned. Some of the areas where police have recently killed black civilians are reeling from more than 30 percent unemployment. They’re challenged by a booming underground economy that puts participants and bystanders at greater risk of being jailed or killed.
In Chicago’s North Lawndale, in West Baltimore, or almost any neighborhood in my hometown of Detroit, there simply are no jobs and no real grocery stores. There is dilapidated and abandoned housing and dramatically dwindling services. The one problem, from a crude capitalist standpoint, is that there are still people in these post-economic areas but their labor is no longer needed in the steel mills, factories or private homes. These superfluous, redundant bodies are the dilemma of 21st Century racial capitalism.
Read the Full Essay: Ella Taught Me: Shattering the Myth of the Leaderless Movement | Colorlines