Can Workers Push Back Against Capital’s Devaluation? Dangers Revealed in South Africa

While the labour movement often seems at its lowest ebb, what Marx identified as capitalism’s main internal contradiction – the overaccumulation of capital at the world scale – has never been worse in absolute terms. Capital is especially frenetic within financial circuitries, amplifying extreme uneven development across the world system, but especially in the periphery and even middle-income Asia, as a result of the accompanying geopolitical stresses, at a time of extraordinary Artificial Intelligence...