John Smith is author of the prize-winning 2016 book Imperialism in the Twenty-First Century: Globalization, Super-Exploitation, and Capitalism’s Final Crisis, whose core arguments are summarised here.
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Published in: ourEconomy: OpinionA supernova looms: world debt reaches critical massAggressive interest rate hikes portend a global recession. The question is, how bad will it be?
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Published in: ourEconomy: OpinionThe greatest debt crisis in history is upon usThe debt burden crushing poor countries will not be alleviated until creditors in rich countries are made to give up...
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Published in: ourEconomy: OpinionWhy coronavirus could spark a capitalist supernovaThere is no magic money tree – the ‘rescue packages’ aim to rescue a rotten system, and won’t work.
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Published in: ourEconomyImperialism in a coffee cupWhy is it that just 1p of a £2.50 cup of coffee goes to the farmer who cultivated and harvested the coffee beans?