super-exploit the workers. The imperialists drive to destroy value to restore profits also destroys workers living standards which are reflected in wider gaps in income. They compete to grab the resources of their rivals to drive down the value of raw materials necessary for profitable production. So who are the main imperialists today and how is it that we see China and Russia emerging as a power bloc in competition with the US-led power bloc? What we have in all these flashpoints is a frontline between the US/EU bloc and the Russia/China bloc. But how did Russia and China become major rivals of the US/EU imperialist
As we have seen since the early 20
century the imperialist powers have gone to war to re-divide the world market so that the stronger benefit by defeating the weak. But once the imperialist epoch had arrived at the turn of the 20
century and the world market was divided among the existing powers, no new states could escape colonial or semi-colonial servitude to arise as new imperialist states. Orthodox Trotskyists assume that the restored workers states must become semi-colonies of existing imperialism. The Third Camp as we have seen think that Russia and China developed as imperialist powers outside the sphere of the capitalist world market. But it cannot account for their resistance to imperialist domination and rapid growth after their re-entry into the world market.
We argue that this was made possible because of their history as DWSs
That is, their economic ‘independence’ from global capitalism allowed the centralised state apparatus developed under the DWSs to be ‘taken over’ by the new bourgeoisie as the apparatus of the monopoly capitalist state to retain overall control of capital restoration and accumulation. Hence it was its history as a DWS that allowed the Russian state to capitalise on former workers' property not only in cheap resources from devalued state enterprises, but also science, technology and military hardware. These are forces of production developed by the DWS that allowed Russia to escape re-colonisation by the existing imperialist powers and align itself to China (which was able to undergo the same process) in a new bloc rivaling the US/EU bloc. This is the only explanation for the developing global faceoff in many hotspots between the declining US/EU bloc and the rising Russia/China bloc. The bourgeois liberal and pseudo-Marxist explanations are based on empiricism. As Trotsky pointed out in his
In Defense of Marxism
empiricism takes only surface impressions of events and fails to see them as a living whole and part of a contradictory process of change. Thus facing the current crisis, there is no prospect of any capitalist semi-colony, e.g. South Africa (SA), Brazil and even India, of escaping semi-colonial dependency and making the transition to imperialism. Unlike the DWSs they never expropriated the bourgeoisie and were unable to maintain a relative independence from the capitalist world. While the liberal left got excited about the BRICS it is now obvious that when these states got exposed to the Global Financial Crisis (GFC) of 2008 only Russia and China had the capacity to continue accumulating capital, while Brazil, India and South Africa went into decline. This has allowed Russia and China to emerge as new imperialist states and form a global bloc against the US and EC. This analysis alone explains why the US/EC are pushing against this bloc in a number of hotspots where their interests clash, as in Ukraine, Syria or in Africa (Sudan) and Asia (North Korea-DPRK). There is a global face off between the two blocs in a new struggle to divide the world economy to stave off their decline and fall and with it the capitalist system. Without this Marxist analytical framework it is not possible to arrive at correct analyses of the class interests at stake in any flashpoint, nor produce a revolutionary program to guide the struggle for socialism. We can demonstrate this by looking at each flashpoint in turn.
Bosnia is one of the longest suffering colonies fought over by rival imperialisms. Trotsky documents this in
“The Balkan Wars: 1912-13: the War Correspondence of Leon Trotsky”.
Here we have the story of a colony ravaged by imperialism in three historic crises; WW1 WW2 and most recently the current structural crisis that began in the 1970s accompanied by the cold war and the collapse of the Soviet bloc. With the collapse of the USSR and other DWSs in the late 80s and early 90s, Yugoslavia was once again Balkanized by US and EU imperialist powers backing their proxy states. The war in Bosnia was provoked by imperialism to breakup Yugoslavia into capitalist