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Journal of Palestine Studies

Panitch & Konings, eds., The American Empire and the Political Economy of Global Finance Palgrave Macmillan, 2008

What do the Israeli air strikes on Gaza have to do with the upcoming Israeli elections, with Egypt, and with Obama's impending accession to power? Beshara Doumani shares his analysis. And Leo Panitch contests the notion that the US intervenes abroad only in the interests of US elites.

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Empire Notes

How effective has the antiwar movement been in generating and propagating a moral critique of war? Rahul Mahajan contends that the Left has in large part failed to shape public opinion or affect public policy. And Leo Panitch comments on the financial crisis, US empire, and the state's role in neoliberal globalization.

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Robin Blackburn, "The Subprime Crisis" New Left Review

Robin Blackburn, Age Shock: How Finance is Failing Us Verso, 2007

Understanding the current economic crisis requires grasping the connections between interest rate policy, household debt levels, the securitization of mortgages, and financialization more generally. Robin Blackburn elucidates those connections and discusses the impact of the crisis on pensions.

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Patrick Bond, "The Financial Meltdown" Links

Patrick Bond's page on ZSpace

Patrick Bond, Looting Africa: The Politics of Exploitation Zed, 2006

The role that transnational corporations and neoliberal policies play in keeping poor countries down is of intense interest to Patrick Bond, not least because South Africa, where he lives, is in trouble economically and environmentally. Recently Bond has written about the economic meltdown, pollution headaches in Africa, and social activist initiatives.

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Immanuel Wallerstein, European Universalism: The Rhetoric of Power The New Press, 2006

Ismael Hossein-Zadeh, The Political Economy of U.S. Militarism Palgrave Macmillan, 2007

 

It may be a new day under Obama, but economic black clouds loom. Immanuel Wallerstein reflects on Obama's victory and describes the current crisis as a depression, placing it in the context of broad political-economic trends. Ismael Hossein-Zadeh enumerates several flaws in Paulson's bailout plan and suggests a homeowner-centered alternative.

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The Shock Doctrine, a short film by Alfonso Cuaron and Naomi Klein

Free Radio Santa Cruz

The recent series of economic crises has shocked people around the world. Naomi Klein knows a thing or two about shocks. The award-winning journalist, political analyst, and author of The Shock Doctrine spoke three weeks ago in Santa Cruz, California. She explained her book's thesis and applied it to the current meltdown.