Sunday, 22 November 2020

Globalization: the New Imperialism

The following talk by progressive scholar and political analyst Michael Parenti was recorded in the year 2000 at the height of the popular global struggle against the World Trade Organization (WTO).  Given the recent renegotiation of NAFTA under Donald Trump in order to better serve the interests of the American capitalist class and the promise of Joe Biden to re-commit the United States to free trade and a so-called "rules based" global order, the subject of this talk is more relevant than ever.  The American Empire is the current sword and shield of global capitalism and the Fortune 500, enforcing its interests against defiant countries via economic sanctions, diplomatic pressure, political destabilization and military aggression.  Capitalism must always expand and it therefore seeks to dominate and exploit the land, labor and resources of every corner of the globe.  This is the true nature of what is called "globalization", and it follows that the struggle against capitalism and empire must be international as well.    

Michael Parenti - Globalization, the "New" Imperialism

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