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The Making of a System in Crisis: the ungovernability of 21st century capitalism

As Karl Marx and Friedrich Engels explained in their foundational exposition of historical materialism and the dialectics of social transformation, a mode of production in crisis does not collapse under the weight of its own malfunction; it has to dismantled and replaced through the self-conscious action of a rising revolutionary class.
The multiplying crises of capitalism have led to internal dysfunction and debilitations that render its operations increasingly out of sync with the needs and basic sustenance of the vast majority of humanity and the rest of the natural world. It is rapidly reaching the limits of its own capacity for self-reproduction, and cannot seem to persist without inducing even greater calamity and instability. As the capitalist system trudges on in this linear trajectory, a cumulative transformation is well underway: where more will have to be sacrificed so that capitalism may live on.

Bailouts are class warfare

The global capitalist economy has quickly stumbled into recession, a process already unfolding before the COVID-19 pandemic came into full view. The effects of the spreading virus have led to rolling closures and shutdowns to large swathes of different international economies, inducing a full-blown crisis that is now breathlessly impacting people across the world.

The Anti-Migrant International

In early December of 2017 the Trump Administration officially withdrew the United States from the UN Global Pact on Migration, claiming the 2016 accord “undermine[s] the sovereign right of the United States to enforce our immigration laws and secure our borders.” The aligned governments of Israel, Hungary, Poland, Australia, Austria, and several other countries followed suit in withdrawing their support, or by publicly repudiating the agreement. Rightwing parties in Germany, France, Italy and Denmark also vocalized their opposition, pledging to withdraw once in power.

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