Capital & Competition

Competition of Capitalists
Chapter I
The elementary determinations of capitalist business: Social production for private profit

Those who run businesses are said to have certain tasks, expected to achieve this and that, and sometimes accused of neglecting their duties. However, the members of this profession don’t perform any of the positive or negative functions attributed to them unless they do their job. And that is to increase the wealth at their disposal — regardless of whether a nation’s public credits them with creating jobs or blames them for destroying jobs, whether public opinion says they are protecting the environment or damaging it, contributing to growth or jeopardizing it…

The American world power and its kindred Chinese counterpart
Trump gets down to business — and so does Xi!

President Trump's “America first!” targets the whole world. But the degree to which the US is affected by the politics in other states comes down to more than the differences in numbers that the President loves to read from the figures of America’s negative bilateral trade balance. There is one rival above all others — actually just about the only one — that is ultimately incompatible with “America first!”: the People's Republic of China.

Crisis Management in the U.S.
The nation fights against its economic decline

A. Conflicting ways out of the recession

I. Culture War in America

II. Obama’s economic and financial therapy for the nation’s ailing economic base

III. The Republicans’ counterplans

IV. Worries and warnings about the catastrophic consequences of the political dispute help to intensify it

B. The U.S. has to be concerned about its money

I. The U.S. economy is the major exception in global capitalism

II. The identity between America’s national credit and the world’s capitalistic wealth has a price that has fallen due in the wake of the recent financial crisis

III. And the competitors are no longer the same either

Conclusion: New steps in implementing the crisis through the states’ crisis policies

 

A Threatened Way of Life — or:
An Oil Spill as a Systemic Question

In the Gulf of Mexico, the Deepwater Horizon oil-rig explodes. For months, huge amounts of oil flow out of the borehole into the sea, reaching the American coast and in effect ruining the environment in several states, together with the livelihoods of large parts of the population. According to experts, this is the biggest environmental catastrophe in American history — and in view of this occasion, the country’s president, in his speech to the nation, draws attention to the importance of what is happening on the Gulf coast.

Honorable Business
What the Collapse of the Financial System Teaches about the Wealth of Capitalistic Nations

[translated from junge Welt 29.09.2008]

Pages

Subscribe to RSS - Capital & Competition