imperialism

Imperialism and rising instability in the Middle East

14th February 2014 Socialist Action 0

By Paul Roberts

Having recouped the setbacks it experienced in the Middle East in 2011/12, imperialism has now hit some problems. These have largely arisen because imperialism, facing obstacles in the form of the Russia-China veto in the UN, the failure of Britain to back a military strike against Syria and pressures on its own military budgets, has relied on proxy military forces, including al-Qaeda inspired groups, to pursue its campaign to overthrow Assad. These now pose a threat to the West.

The ‘Great Stagnation’ and spreading world social instability

19th January 2014 Socialist Action 0

By Peter Wilson

Five years into the current economic crisis it is possible to see beyond the immediate impact of the global financial crisis and recession to see clearly some of the structural shifts that have taken place. A key change that has taken place is a sharp fall in capital creation, and therefore investment, in the imperialist countries. Given that investment is responsible for the bulk of economic growth, there is no immediate possibility of rapid growth in these economies being recreated. The cumulative effect of the resulting economic stagnation in the imperialist centres lies behind the spreading of social and political instability to widening areas of the world.