Renowned Marxist Economist Prabhat Patnaik: Capitalism Cannot Exist without Imperialism episode artwork

EPISODE · Jun 15, 2021 · 1H 33M

Renowned Marxist Economist Prabhat Patnaik: Capitalism Cannot Exist without Imperialism

from Rania Khalek Dispatches · host Rania Khalek

What is imperialism? Is it a stage of capitalism, as Lenin described it, or was it always essential to capitalism? Can capitalism exist without imperialism?Prahbat Patnaik, professor emeritus at JNU, joins Rania Khalek on her program Dispatches to discuss the argument he lays out in his book A Theory of Imperialism, which argues that capitalism was always a function of imperialism. But today’s imperialism takes a subtler less visible form than during colonialism , keeping large parts of the world in poverty through mechanisms like income deflation so that the wealthy nations can maintain access to the cheap commodities only tropical regions can produce. Imperialism also requires an army of unemployed people in the third world that are even more essential to capitalism than the army of reserve labor in the global north. Patnaik also addresses the democratic socialist ideal of turning America into Denmark but that too cannot happen without imperialism. The Scandinavian countries, he says,  need imperialism to thrive because they are not self-sufficient and owe their prosperity to the imperialist system created and maintained by western colonialist powers. Also, is China imperialist? How do sanctions and war fit into this? Is this system planned or is it spontaneous and on autopilot? Are we forever doomed to this system? How do we resist?

What is imperialism? Is it a stage of capitalism, as Lenin described it, or was it always essential to capitalism? Can capitalism exist without imperialism? Prahbat Patnaik, professor emeritus at JNU, joins Rania Khalek on her program Dispatches to discuss the argument he lays out in his book A Theory of Imperialism, which argues that capitalism was always a function of imperialism. But today’s imperialism takes a subtler less visible form than during colonialism , keeping large parts of the...

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Renowned Marxist Economist Prabhat Patnaik: Capitalism Cannot Exist without Imperialism

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Rania Awaad Muslim Central Dr. Rania Awaad M.D., is a Clinical Associate Professor of Psychiatry at the Stanford University School of Medicine where she is the Director of the Stanford Muslim Mental Health & Islamic Psychology Lab as well as Stanford University’s Affiliate Chaplain. In the community, she serves as the Executive Director of Maristan.org, a holistic mental health nonprofit serving Muslim communities, and the Director of The Rahmah Foundation, a non-profit organization dedicated to educating Muslim women and girls. In addition, she is faculty of Islamic Psychology at Cambridge Muslim College and The Islamic Seminary of America.She is also a Senior Fellow for Yaqeen Institute and the Institute of Social Policy and Understanding. Prior to studying medicine, she pursued classical Islamic studies in Damascus, Syria, and holds certifications (ijaza) in the Qur’an, Islamic Law, and other branches of the Islamic Sciences. Motherfoclóir HeadStuff Podcasts Dispatches from a not so dead language. Hosted by Darach O'Séaghdha and The Irish For… @theirishfor (https://twitter.com/Motherfocloir) Follow the show on twitter @motherfocloir or email us at [email protected] Dispatches from the Multiverse Dispatches from the Multiverse A weird, weekly improvised comedy sci-fi podcast Global Dispatches -- World News That Matters Global Dispatches The longest running independent international affairs podcast features in-depth interviews with policymakers, journalists and experts around the world who discuss global news, international relations, global development and key trends driving world affairs.Named by The Guardian as "a podcast to make you smarter," Global Dispatches is a podcast for people who crave a deeper understanding of international news.

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What is imperialism? Is it a stage of capitalism, as Lenin described it, or was it always essential to capitalism? Can capitalism exist without imperialism?Prahbat Patnaik, professor emeritus at JNU, joins Rania Khalek on her program Dispatches to...

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