Steam power, modern banking, and industrial capitalism were not born of peaceful innovation but paid for with the blood of enslaved people.
Vijay Prashad: The Roots of Capitalism
Tag: global trade
Vijay Prashad: Hormuz — Gate to the Great Sea
The U.S.-Israeli war on Iran has turned the Strait of Hormuz into a choke point for the world economy, with the gravest consequences falling not on the powerful but on the poorer nations of the Global South.