Is capitalism fuelling today’s wars? Varsha Gandikota & Jason Hickel

Political economist Jason Hickel examines whether Global South nations can reclaim sovereignty amid capitalist-driven conflicts. | Contesto: cronaca

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• Is capitalism fuelling today’s wars? Varsha Gandikota & Jason Hickel

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In a recent interview with political economist Jason Hickel, researcher Varsha Gandikota-Nellutla explored a pressing question: can states in the Global South reclaim their sovereignty in an era where capitalism is increasingly linked to global conflicts? Hickel, known for his work on economic inequality and colonialism, argued that the current structure of global capitalism often undermines the autonomy of developing nations, tying them to systems that prioritize profit over peace. The discussion, featured on Al Jazeera, delved into how historical and contemporary economic pressures shape the ability of Global South countries to act independently. Hickel highlighted that many of today’s wars, from resource-driven conflicts to proxy battles, are fueled by capitalist imperatives such as the pursuit of cheap labor, raw materials, and new markets. He noted that this dynamic often leaves nations in the Global South vulnerable to external manipulation, limiting their capacity to chart their own political and economic courses. Gandikota-Nellutla, pressing Hickel on solutions, asked whether mechanisms like debt relief, fair trade agreements, or regional alliances could help restore sovereignty. Hickel responded that while such measures are important, they must be part of a broader systemic shift. He pointed out that the legacy of colonialism and the current rules of global finance—such as structural adjustment programs and unequal trade terms—continue to constrain developing nations, making true sovereignty elusive without fundamental changes to the global economic order. The conversation also touched on the role of grassroots movements and political will in challenging capitalist structures. Hickel emphasized that history shows change often comes from below, citing examples of countries that have pushed back against corporate influence and foreign intervention. However, he cautioned that these efforts face immense opposition from powerful interests that benefit from the status quo. Implications of this analysis extend beyond academic circles, as policymakers in the Global South grapple with rising debt, climate crises, and geopolitical tensions. Hickel’s insights...

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Categoria: cronaca