While capitalism confines the Global South to raw extraction and cheap exports, democratic planning can break dependence, claim technological control, and turn resources into collective economic power.
Trump’s catastrophic miscalculation in Iran and refusal to accept the inevitability of defeat is pushing us towards a global depression and ensuring the suffering and immiseration of millions.
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.
It’s comforting to see Donald Trump as a buffoon, to accept the facade he presents of a blustering and ill-educated ignoramus who does not understand the world of geopolitics. But that is nonsense.
John Mearsheimer details how the American Empire stumbled into one of its largest strategic blunders, and what it might entail for the rest of the world.
The slogan has shifted from “restoring democracy” to “fighting narco-terrorists,” write Jeffrey D. Sachs and Sybil Fares. But the objective remains the same.