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The system in place in the countries of the historic imperialist triad (the United States, Western Europe, Japan) is based on the exercise of the absolute power of the national financial oligarchies concerned. They alone manage the whole of the national productive systems, having succeeded in reducing almost all small and medium-sized enterprises in agriculture, industry, and services to the status of subcontractors for the exclusive benefit of financial capital.
Samir Amin
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The debate concerns only some of the problems of society in the United States (anti-feminism and racism in particular). It does not call into question the economic foundations of the system that are the root cause of the degradations of social conditions in important segments of society. The sacredness of private property, including that of monopolies, remains intact; the fact that Trump is himself a billionaire was an asset and not an obstacle to his election.
Samir Amin
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Bernie Sanders' election campaign had given rise to much hope. By daring to introduce a socialist perspective into the debate, Sanders initiated the sound politicization of public opinion, which is no more impossible in the United States than elsewhere. We can only deplore, under these conditions, Sanders' capitulation and his rallying to the support of Clinton.
Samir Amin
Quote of the day
Nobody ever did anything very foolish except from some strong principle.
William Lamb, 2nd Viscount Melbourne
Samir Amin
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Born:
September 3, 1931
Died:
August 12, 2018
(aged 86)
Bio:
Samir Amin was an Egyptian-French Marxian economist. He was noted for his introduction of the term Eurocentrism in 1988.
Known for:
The Liberal Virus (2004)
The Implosion of Contemporary Capitalism (2013)
Capitalism in the age of globalization (1997)
Eurocentrism (1989)
Samir Amin on Wikipedia
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