MR Online

Historically, capitalism develops institutions and ideologies that justify surplus extraction and capital accumulation. In the last decades of the twentieth century, the financialization of capitalism initiated a new era of accumulation which is known in academic contexts as finance-capital-driven neoliberalism.

Both Sweezy and Dimitrov agree that fascism arises in the middle class and becomes a threat when the bourgeoisie embraces it, but Sweezy’s unique contribution is to demonstrate fascism’s relationship to the postwar transitional period of class equilibrium.

In an interview with The Wire, the well-known Marxist scholar talks about the surge of populist and right-wing politics and the future of neoliberalism, capitalism and technology.

A majority of Germans want peaceful relations with Russia (and in general), despite the media, politicians and big biz groups pulling toward catastrophe.