[Marxism] Imperialism today: Article debating John Smith’s Imperialism in the Twenty-First Century

Esteban Mercatante estebanm1870 at gmail.com
Fri Oct 28 08:21:58 MDT 2016

Dhaka, April 24, 2013. On that day, the capital of Bangladesh hit the
headlines around the world after the collapse of Rana Plaza, a monstrous
eight-story building that housed several textile factories, a bank, and a
few shops. It was one of the worst disasters ever seen in a workplace,
causing the tragic death of 1,133 garment workers and injury of another

This crime is the starting point of the recently-published Imperialism in
the Twenty-First Century: Globalization, Super-Exploitation, and
Capitalism’s Final Crisis,1 in which John Smith presents the key pillars on
which the current world capitalist system rests.

The collapse of Rana Plaza reminds us of the persistence of the current
practices of brutal exploitation and blatant negligence mirroring human
degradation witnessed in the 19th century. It also leads us directly to one
of the central ideas of the book: that the workforce of the so-called
“Global South” is a focal point in the valorization of capital—making
regarding it as something peripheral a thing of the past. This is clearly
illustrated by the author, who goes so far as to suggest that the
“capital-labor relation has become a relation between northern capital and
southern labor.

Full: http://www.leftvoice.org/Open-Veins-of-the-Global-South

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