Tag Archives: de-globalisation

‘De-globalisation and the Return of the Theory of Imperialism’ , Stavros Mavroudeas, ICOPEC 2019










‘If Globalism is Dead—Long Live What?’

Marmara University

Istanbul, Turkey

25-28 June 2019



‘De-globalisation and the Return of the Theory of Imperialism’


Stavros Mavroudeas

Professor (Political Economy)

Dept. of Social Policy

Panteion University

e-mail: s.mavroudeas@panteion.gr

web: https://stavrosmavroudeas.wordpress.com




The globalisation hypothesis (i.e. the argument that modern capitalism has once and for all discard the nation state and modern capitalism became a truly unified ‘global village’) was overwhelmingly popular since the 1990s. This was coupled with the expansion of a multifaceted theoretical trend that rejected previous analytical tools and purported that it ushered new ones, tailor-made to the new ‘globalisation era’. Especially within Political Economy, the globalization discourse rejected the theory of Imperialism (that emphasized antagonisms and the role of the national economy) for a theory of global interconnectedness (emphasizing co-operation and deterritorialization). However, the course of events of the real world radically diverged from the stylized beliefs of the globalization discourse. Particularly, before and increasingly after the 2008 capitalist crisis, antagonisms along national lines and military conflicts proliferated. These developments signify the necessity of a return to the classical Marxist theory of Imperialism as the appropriate analytical framework to grasp the political economy of the international system.





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Interview in PressTV News (1-12-2018) on the G20 Buenos Aires summit

This is another G20 summit in the current era of global turbulence

The roots of this global turbulence lay in the shaking foundations of especially Western capitalism: a severe crisis in 2008, a weak recovery, low profitability, increased exploitation of workers and middle strata

The shaking foundations of Western capitalism endanger the position of its dominant superpower, the US.

The latter proceeds aggressively to buttress its dominance: unilateralism, international aggression, protectionism and de-globalisation.

Globalisation, which was the vehicle for Western supremacy at the end of the 20th century, is no longer useful and has to be replaced.

The economic weakness and US aggression triggers similar reactions from the other Western powers but also from the new emerging poles of the world system.

G20 summits, a product of globalization, cannot paper out these conflicts. They seem, more and more, a relic of the past.

The G20 summit in Buenos Aires is characteristic. It takes place in a devastated by Western imperialism country, with a new authoritarian neoliberal government that threw again the country into the arms of its butcher, the IMF.

The G20’s agenda covers issues fraught with conflicts. Its start is marred with problems (cancellation of the Putin-Trump meeting, the Western hypocrisy regarding the murderous Saudi regime etc.). It offers a façade but cannot resolve the deep differences and conflicts.