Tag: Imperialism

  • The Trump Doctrine and the New MAGA Imperialism

    The Trump Doctrine and the New MAGA Imperialism

    The Trump Doctrine and the New MAGA Imperialism,” Monthly Review, vol. 77, no. 2 (June 2025), pp. 1-25.

    The Trump Doctrine and the New MAGA Imperialism

    The dramatic shift in U.S. imperialism under the Donald Trump presidency, both in his initial term of office and even more in the current one, has created enormous confusion and consternation within establishment centers of power. This sudden alteration in U.S. foreign policy is manifested in the abandonment of both the liberal international order constructed under U.S. hegemony after the Second World War and the long-term strategy of NATO enlargement and proxy war with Russia in Ukraine. Imposition of high tariffs and shifting military priorities have put the United States in conflict with even its long-term allies, while the New Cold War on China and the Global South is accelerating.

    So extreme is the shift in U.S. power projection, and so great the confusion that this has generated, that even some figures long associated with the left have fallen into the trap of seeing Trump as isolationist, anti-militarist, and anti-imperialist. Thus, disaffected leftist Christian Parenti has argued that Trump “isn’t an anti-imperialist in the left-wing sense. Rather, he is an instinctual America-First isolationist,” whose goal, “more than any recent president,” is “to dismantle America’s informal global empire,” and to promote a new “anti-militarist” foreign policy “opposing empire.”1

    Yet, far from being anti-imperialist, the global shift in the external relations of the United States under Trump is due to a hypernationalist approach to world power, based in key sections of the ruling class, particularly high-tech monopolists, as well as Trump’s largely lower-middle class followers. According to this neofascist and revanchist perspective, the United States is in decline as a hegemonic power and threatened by powerful enemies: Cultural Marxism and immigrant “invaders” from within, China and the Global South from without, while hindered by weak and dependent allies.

    Beginning with the first Trump administration following the 2016 election, the regime has stood for a hard shift to the right internationally, as well as domestically. Globally, all available resources are to be focused on a zero-sum increase in U.S. power and on the defeat of China as the newly arising rival. Thus, it was in the first Trump administration that the New Cold War on China was launched in earnest, with the concomitant shift toward détente with Russia.2 Although the Joe Biden administration subsequently went forward with Washington’s prior planned proxy war on Russia (which had commenced with the 2014 U.S.-backed right-wing Maidan coup in Ukraine), it nevertheless followed the Trump Republicans in continuing the New Cold War on China, thus confronting the two great Eurasian powers at the same time. Once back in power, Trump has sought to end the NATO proxy war in Ukraine, while turning more decisively to the struggle in Asia. Even the Middle East, where the Trump regime is currently supporting outright exterminism—or the complete elimination and removal of the Palestinians in Gaza in the name of “peace”—while bombing Yemen and increasing pressures on Iran, is viewed as secondary to the New Cold War on China.3

    The radically new imperialist strategy represented by the Trump administration, particularly in its second coming, is based on the notion of “America First.” This constitutes a rejection of the traditional U.S. role as a hegemonic world power in favor of a hypernationalist America First imperium. A manifestation of this is the U.S. attack on international organizations over which it does not have complete dominance or where it supposedly carries disproportionate burdens, such as the United Nations or even the NATO alliance. Moreover, trade relations are treated not so much as mutually beneficial exchange processes (which in reality are primarily to the benefit of the wealthier nations), but rather as transactional relations to be determined solely on the basis of national power.

    In this context, the Trump regime’s imposition of tariffs on all other countries, including high tariffs on some sixty countries (in his April 2 “Liberation Day” listing), is not a simple matter of trying to obtain economic advantage but is to be seen as a power play through which geoeconomic and geopolitical dominance can be secured. Under Trump’s America First strategy, Washington seeks to obtain tribute from its allies, who will henceforth need to pay in one way or another for U.S. military support, resulting in new forms of interimperialist (or intraimperialist) conflict.

    Targeting China, Trump’s official military spending budget proposal for the coming fiscal year envisions a nearly 12 percent increase to $1 trillion (actual military spending typically runs at twice the official level).4

    The most likely result of such developments—if they are not stopped—is a New Age of Catastrophe, on a scale not unlike the 1930s, characterized by economic, ecological, and war-induced destruction.5 This will lead not to increased U.S. dominance but to its accelerated decline, as its dollar hegemony and the international institutions on which U.S. power has historically rested are further undermined. Within the Trump regime itself, Washington’s attempts to project its power globally will only intensify the internal conflicts between monopoly-finance capital with its global economic interests and Trump’s more narrowly nationalistic Make America Great Again (MAGA) movement on the ground. All attempts to keep such a reactionary regime together will require increased repression, while the future will depend on the scale of revolt that this repression engenders, both nationally and globally.

    The Trump Doctrine

    Ironically, the strongest, and most controversial, claims with respect to the peaceful and anti-imperialist nature of the Trump regime have been introduced by erstwhile left figures like Parenti. Writing for the MAGA-hegemonic publication Compact in 2023, in an article titled “Trump’s Real Crime Is Opposing Empire,” Parenti claimed that Trump stood for an anti-Pentagon and “anti-imperial foreign policy,” exhibiting utter “disdain for ‘the National Security Complex.’”6

    However, in characterizing Trump as anti-imperialist, Parenti seems to have forgotten about the whole structure of imperialism, which has to do with global exploitation/expropriation and strategies for world domination. Trump not only introduced historic increases in military spending in his first administration and employed lethal force internationally on numerous occasions (including relaxing restrictions on the bombing of civilians), but also, and more importantly, initiated the New Cold War on China.7 The second Trump administration is again massively increasing Pentagon spending and promoting conflict with China on a still larger scale. What is seen by Parenti and others as a form of anti-imperialism is in fact a new global imperial strategy at both the national and international levels, aimed at reversing the U.S. hegemonic decline and defeating China. This strategic reorientation has strong support both within Trump’s MAGA movement and those elements of the monopoly-capitalist billionaire class, particularly the high-tech, private equity, and energy sectors, that are aligned with his demagogic regime. As celebrated Indian Marxist economist Prabhat Patnaik has remarked, Trump’s foreign policy is neither anti-empire nor mindless but is best characterized as “imperialism’s revival strategy.”8

    The national populist MAGA movement draws on a racially charged view of the world in which the United States is seen as a white Christian nation with a manifest destiny. In this perspective, having achieved over the course of its history the status of the number “one nation under God” by the twentieth century, the United States was subsequently undermined from without and within, requiring a resurrection of lost status.

    It is no accident that Trump in March 2025 hung a portrait of James K. Polk, eleventh president of the United States, in the Oval Office. Polk presided over the largest territorial expropriation of land in U.S. history through the Mexican-American War, in which Washington seized more than five hundred thousand square miles of territory, including California and much of the Southwest, while annexing Texas and gaining sovereignty over disputed areas in the Pacific Northwest through the Oregon Treaty.9 Trump’s bombastic ambitions to annex Greenland, to retake the Panama Canal, and even (if more far-fetched) to incorporate Canada as the fifty-first state—not to mention renaming the Gulf of Mexico the Gulf of America—are all aimed at recreating the spirit of “the rising American empire.”10

    In order to understand the MAGA regime’s imperialist strategy, it is necessary to examine “the Trump Doctrine.” Presidential doctrines on foreign policy are typically singled out and elaborated by the media based on White House declarations on critical foreign policy issues. However, in the case of the Trump Doctrine, it was fully articulated from the inside by leading MAGA ideologue Michael Anton, who from February 2017 to April 2018 was a member of the U.S. National Security Council and deputy assistant to the president for strategic communications. He is presently director of policy planning in the Department of State, a position equivalent to assistant secretary of state. During the first Trump administration, Anton was clearly given the assignment—once no longer directly employed by the White House—of providing coherence to Trump’s numerous, seemingly contradictory statements on foreign policy.

    In 2019, while employed as a lecturer and research fellow at the MAGA-dominated Hillsdale College in Michigan, Anton published an article in Foreign Policy based on a lecture at Princeton University titled “The Trump Doctrine” that was to become the semi-official statement of the MAGA regime’s overall strategic posture.11 Anton’s task was to define Trump’s America First strategy as one that was in line with national populism and anti-internationalism and yet sufficiently bellicose to represent a new aggressive global strategy. It thus constituted what was referred to as a “principled realism,” rooted in national self-interest, in line with conservative renditions of the ideas of thinkers like Niccolo Machiavelli and Thomas Hobbes. Trump’s foreign and military policy was described by Anton in “The Trump Doctrine” as anti-imperial for two reasons. First, empires by nature were “multiethnic” in character, and Trump’s policy was completely opposed to a multiethnic view of the American project. Second, imperial policy as pursued by neoconservatives was allied with globalism, while the Trump Doctrine was the negation of liberal globalization. Globalization is viewed in the MAGA ideology as benefiting rising powers, like China, at the expense of established powers, such as the United States. The Trump Doctrine, Anton explained, was thus consistently nationalist all across the board: To the victor nations go the spoils.12

    Such a consistent nationalism was portrayed as fully in accord with “human nature.” If Aristotle had said—in Anton’s words—that the three political units were “the tribe [ethnicity], the polis (or ‘city-state’), and the empire,” the Trump position was to emphasize the American ethnicity and the American state in an expansive mode on the world stage, and to downplay multiethnic empire, thus Making America Great Again. In this respect, the Trump Doctrine had four pillars: (1) national populism, (2) rejection of liberal internationalism, (3) consistent nationalism for all countries, and (4) the return of the nation to the homogeneous “normalcy” of the classical “ethne and polis”—as opposed to a heterogeneous character of the contemporary multiethnic empire (and the world as a whole). The fourth pillar thus constituted a racial-ethnic definition of national identity, underlying a racial nationalism. As in the case of Thrasymachus in Plato’s Republic, the moral basis of the Trump Doctrine was abundantly clear: justice is “the interest of the stronger.”13

    Economic Imperialism and the Trump Doctrine

    On April 2, 2025, Trump, in what he called “a declaration of economic independence,” using national emergency powers, slapped 10 percent tariffs on every country in the world, with higher tariffs on some 60 other countries or trading blocs. This included new tariff duties of 34 percent on China (on top of the previous 20 percent making it a 54 percent tariff), 46 percent on Vietnam, and 20 percent on the European Union. After China announced a counter tariff, Trump raised the cumulative tariff increase on China to 104 percent, and then, in a further escalation, to 145 percent. In a warlike statement, U.S. Treasury Secretary Scott Bessent said that any country that chooses to “retaliate” against the new U.S. tariffs will be seen as responsible for “escalation,” leading to the United States responding by going up the escalation ladder. The Trump administration’s actions are generating a world trade and currency war—a world recession. The new MAGA tariff strategy created panic on Wall Street, which had been until then highly supportive of his presidency, seemingly splitting the financial ruling class as securities tumbled. This forced Trump to pause some tariffs, while at the same time jacking them up on China. The Trump tariffs were calculated on the basis of what was required to generate a bilateral balance of trade with each country, a proposition devoid of any direct economic rationale but providing a blunt weapon with which the regime plans to achieve its wider ends.14

    Economically, the Trump Doctrine is tied to what is known as “conservative nationalism,” represented by various MAGA-oriented think tanks directed at geoeconomic and geopolitical strategy, such as American Compass and the Manhattan Institute for Policy Research, along with the Trump-aligned hedge fund Hudson Bay Capital Management. The founder and chief economist of American Compass, Oren Cass, is a long-time economic adviser to and associate of Trump’s present Secretary of State Marco Rubio. American Compass is heavily financed by the Thomas D. Klingenstein Fund, a multibillion-dollar foundation managed by Thomas D. Klingenstein. A Wall Street investment banker, Klingenstein is a partner in the multibillion-dollar hedge fund Cohen Klingenstein. He is also chairman of the board (and a major funder) of the leading MAGA think tank, the Claremont Institute, a Zionist, and a sharp critic of what he calls “Woke Communism.” Other funders of American Compass include the Walton Family Foundation and the William and Flora Hewlett Foundation.15

    A flagship of conservative nationalism in economics, American Compass offers a fairly realistic view of the long-term stagnation and deindustrialization of the U.S. economy, while coupling this with strong opposition to free trade and avid support for tariffs.16 Ideologically tied to Trump’s MAGA movement, it has taken a leading role in developing an economic strategy for the New Cold War on “Communist China.” Its 2023 report, A Hard Break from China, argued that “America must sever its economic relationship with China to protect its market from subversion by the Chinese Communist Party.” This includes cutting off economic relations with China in relation to investment, supply chains, and international economic agreements. All “capital flows, technology transfers, and economic partnerships between the United States and China” must end. Domestically, American Compass has declared war on “woke capital,” that is, on any attempts to incorporate diversity, equity, and inclusion into corporate practices, a position that is clearly aimed at maintaining white racial dominance.17

    Within the Trump administration itself, the high tariff strategy is overseen by Peter Navarro, senior counsel to the president on trade and manufacturing. In the previous Trump administration, Navarro was director of the Office of Trade and Manufacturing Policy. He is a virulent proponent of economic (and military) warfare against China, author of the 2008 book The Coming China Wars, and sees tariffs as playing the key role in that respect. Tariffs are touted by Navarro as providing trillions of dollars in government revenue, allowing Trump to reduce taxes on the wealthy. Navarro was imprisoned for contempt of Congress for his role in the MAGA attack on the capitol on January 6, 2021.18

    However, the principal figure governing international economic strategy in the second Trump administration is Stephen Miran, chair of the Council of Economic Advisors. Miran was a former senior advisor to the Treasury Department in the first Trump administration and was subsequently senior strategist for the investment firm Hudson Bay Capital Management that was a large institutional investor in the Trump Media & Technology Group, which runs the Truth Social media platform. Miran is also an economics fellow at the Manhattan Institute. He is the author of A User’s Guide to Restructuring the Global Trading System, published by Hudson Bay Capital Management at the time of Trump’s 2024 election victory, which introduced the plan to use high tariffs and the leverage offered by the U.S. security umbrella to force countries to agree to a major devaluation of the U.S. currency under the rubric of the Mar-a-Lago Accord. The goal is to improve the global trading position of the United States at the expense of its major trading partners. This constitutes a global beggar-thy-neighbor policy to be imposed by the United States on both its allies and its designated enemies.19

    The model for this geoeconomic strategy is the 1985 Plaza Accord worked out between the United States, Japan, Germany, the United Kingdom, and other countries, which allowed for an intentional multilateral devaluation of the dollar. The main historic result of this agreement was the bursting of the Japanese financial bubble and the introduction of a seemingly permanent deep economic stagnation in the Japanese economy, which at the time had been one of the most dynamic in the world. Soon after the Plaza Accord, Trump bought the Plaza Hotel, no doubt enamored with the deal made there. (He later placed it into bankruptcy.) In 2025, however, the United States is considerably weaker globally than in 1985, and the countries holding the most dollar-dominated foreign exchange reserves, on which the envisioned Mar-a-Lago Accord would chiefly depend, are not under the U.S. military security umbrella, and hence not so easily pressured.20

    Japan, the United Kingdom, Canada, and Mexico, Miran observed, could no doubt easily be pressured to comply with U.S. interests in this respect, having no other choice. In contrast, neither the European Union, nor China (which holds some $3 trillion in U.S. currency and is well aware of what happened to Japan as a result of the Plaza Accord) would willingly agree to such an agreement. With respect to the European Union, the Trump plan includes forcing these countries to take on more of the costs of the U.S. security umbrella, and, using this as a bargaining chip, along with the imposition of high tariffs, to compel an agreement on a currency devaluation. Imposition of U.S. tariffs, Trump’s conservative nationalist economic advisors contended, would lead initially to the dollar’s appreciation, as in the first Trump administration, thus negating some of the unfavorable macroeconomic effects of the tariffs (though the actual result at first, this time around, has been the opposite, with the dollar depreciating).21 Nevertheless, in general, such tariffs are inflationary, with the intensification of stagflation as a likely result. Moreover, controlled devaluation of the dollar (not its appreciation) is the principal object of U.S. tariff policy in line with the hoped-for Mar-a-Lago Accord, which would have the effect of increasing the prices consumers pay for U.S. imports.22

    The Trump tariffs, seen in the context of the desired Mar-a-Lago Accord, are thus a form of blackmail, with the stipulation that they will be lowered if countries comply by selling dollars in exchange for U.S. “century bonds,” that is, bonds which mature in a hundred years, typically with low interest rates. This would thus contribute to the dollar’s devaluation. Some combination of tariffs and intentional devaluation of the dollar, emphasizing the latter, is thus envisioned. This is seen as promoting exports and reindustrialization. In addition to Miran, this policy is strongly supported by Treasury Secretary Bessent. The Mar-a-Lago Accord, Miran indicates, would create “a much stronger demarcation between friend, foe, and neutral trading partner” with respect to the United States. “Friends” would provide tribute to Washington in return for being under the U.S. security and economic umbrella, while “foes” would be subject to high tariffs and economic sanctions and threatened with military aggression.23

    The entire Trump nationalistic imperial policy, initiating a global trade and currency war, is an enormous gamble, as it will likely destabilize the U.S. and world economies and global finance, accelerating attempts by countries, particularly the BRICS+ countries (comprising Brazil, Russia, India, China, South Africa, and others), to find alternatives to the dollar.

    The Trump administration seems unable entirely to grasp the reality of the Triffin Dilemma (named after Belgian economist Robert Triffin) that an international reserve currency (such as the dollar) requires a continuing deficit in the current account if the reserve currency country is to supply the world with needed liquidity, while this tends in the long-term to create conditions that erode faith in the reserve currency.24 The Trump strategy, caught on the horns of this dilemma, will thus likely fail, expediting the demise of the dollar as the world’s hegemonic reserve currency and further undermining U.S. global economic dominance. As economist Michael Hudson writes:

    Trump bases his attempt to tear up the existing linkages and reciprocity of international trade and finance on the assumption that, in a chaotic grab-bag, America will come out on top. That confidence underlies his willingness to pull out today’s geopolitical interconnections. He thinks that the U.S. economy is like a cosmic black hole, that is, a center of gravity able to pull all the world’s money and economic surplus to itself. That is the explicit aim of America First. That is what makes Trump’s program a declaration of war on the rest of the world.25

    Meanwhile, the rearmament of U.S. allies, along with a massive increase in Pentagon spending and bellicose threats directed at designated enemies, could lead to the further proliferation of conflicts, heightening the chance of a Third World War. Washington’s strong-arm approach to its allies will engender tensions within the historical imperial core of global capitalism, generating growing interimperialist rivalry between the European Union and the United States. U.S. financial capital has hitherto strongly supported Trump, but has global economic interests. Thus, U.S. financial capital is approaching the Trump administration tariff power play and the prospect of a Mar-a-Lago Accord with trepidation, born of uncertainty.

    Trump’s national-imperialist strategy is fully in accord with the reactionary views of his MAGA followers, who are not opposed to imperialism and militarism but are strongly against what they see as liberal globalization at U.S. expense, coupled with indecisive wars against minor powers where there are no visible spoils. Trump in his first administration berated the members of his Joint Chiefs of Staff with respect to the wars in the Middle East and Central Asia on the lack of spoils gained by the United States, asking: “Where is the f—ing oil?”26

    Neofascism and Empire

    The huge shifts in U.S. foreign and military policy being implemented under the Trump Doctrine are rooted in new class alignments associated with the neofascism of the MAGA movement and its close—if contradictory—connections to the ruling billionaire class, particularly in the high-tech, private equity, and oil sectors. The class basis of fascism in Marxist theory always lies in an alliance between monopoly capital and a lower-middle class/stratum. The latter consists of the small business owners, small landlords, and low-level corporate managers, along with fundamentalist religious elements and rural small landowners. It also incorporates some of the more privileged sectors of the working class. The lower-middle class is disproportionately white and racist.

    Trump in the 2024 presidential election attracted most of those voters with less than a four-year college degree, a category that encompasses a majority of both lower-middle class and working-class voters. The same exit polls show that he won both the lower-middle class and working-class voters, according to income, but lost among the poorest voters. Millions of those who had voted for the Democrats in 2020, mainly from the working class, chose the Party of Nonvoters in 2024.27 Trump’s loyal base remains the lower-middle class, extended to more privileged workers.

    Historically, the lower-middle class or petty bourgeoisie represents a sector of the population that is not only prone to white supremacism but that is also patriarchal and ultra-conservative with respect to sex and gender relations. It forms a rearguard of the capitalist system and is mobilized in fascist-style regimes on the basis of its own innate ideology, associated with a revanchist nationalist perspective aimed at making a given nation-state great again. Ernst Bloch, writing with respect to Nazi Germany in the 1930s, saw such populations as characterized by a regressive “non-contemporaneity,” aimed at recovery of an idealized Aryan past.28

    As Phil A. Neel has written, with respect to the class basis of MAGA national populism in the United States in his Hinterland: America’s New Landscape of Class and Conflict,

    The Republican Party operates on a roughly symmetrical base built up among rural white sub-elites and a whole array of urban or peri-urban petty capitalist interests…. In material terms, the far right tends to cluster among the interests of petty proprietors or self-employed but still moderately wealthy workers of the hinterland…. The material core of the far right is…the whitening exurb [outside the main cities and the suburbs]…which acts as an interface between the metropolitan and non-metropolitan, allowing the wealthier landholders, business owners, cops, soldiers, or self-employed contractors to recruit from adjacent zones of abject white poverty…. Violence plays a central role here…. The world can be restored…through salvific acts of violence, capable of forcing the collapse and hastening the approach of the True Community.29

    The mass MAGA movement rooted in the lower-middle class/petty proprietors is primarily motivated ideologically by what it refers to as the “Cold Civil War” against the liberal elites of the upper-middle class above and against the working class below. This has its roots in its ultra-nationalist beliefs; its connection to the “slaveholder’s religion” of white evangelicalism; its worship of past U.S. imperial expansion; its frequent glorification of extreme violence; its racist and jingoistic tendencies; and its strong patriarchal ideology—all of which are fully in accord with the America First ideology of the Trump Doctrine.30 This includes at the international level support for the demolition of U.S. foreign aid (through the dismantling of the U.S. Agency for International Development, or USAID) and opposition to the proxy war in Ukraine. The Ukraine War is seen as primarily serving European elites, whose conflict with Russia does not benefit the United States, while diverting Washington from its prime Asian enemies: China and the Islamic world.31

    The Christian nationalism of the evangelical MAGA world has led to strong support of the Trump/Benjamin Netanyahu pact for the complete extermination/removal of Palestinians from Gaza, in which the United States is to obtain various economic rights, and even ownership—in the case of Trump’s fantasy of an American-owned riviera resort—along with preferential oil contracts in the Gaza Strip.32

    As Georg Lukács remarked in relation to a much earlier historical figure:

    Hitler rebuffed the old Hohenzollern plans for colonization and expansion. He criticized especially sharply the aim of assimilating conquered nations by force through Germanization. What he advocated was extermination. It was not clear to people, he explained, “that Germanization can only be practised on the land itself, never on human beings.” That is to say, the German Reich ought to expand, conquer fertile lands and expel or wipe out their population.33

    In a somewhat similar way, the prominent MAGA think tank, the Center for Renewing America (CRA) founded by Trump’s director of the Office of Management and Budget, Russell Vought, insists that Palestinians cannot be assimilated in Israel or the United States, and must be exterminated/removed, while their land must be seized in its entirety to be occupied by more “civilized” populations. In the words of the CRA itself, “The cultural practices of Palestinians,” lacking in universal values, “are mostly focused on grievances against Israel, Jews, and the United States, with a society fundamentally oriented toward violence and extremism” and “modern death worship.” They are thus “incompatible” with “our values, rooted in Western history and Biblical thought.”34

    Trump’s Secretary of Defense, Pete Hegseth, frequently glorifies the Christian Crusades against Islam of the twelfth century, suggesting that Trump should be a Crusader president. Hegseth sports a tattoo on his chest with the Jerusalem Cross, also known as the Crusader’s Cross, along with a tattoo on his bicep of a Crusader battle cry. His book American Crusade has a chapter on “Make the Crusader Great Again,” referring to a war on Islam—a crusade that is to be extended more universally to a war on “leftism” and all views that treat Christians as “infidels.”35

    In November 2023, the Ansar Allah-led Yemeni government commenced firing on Israeli-linked ships in the Red Sea in response to Israel’s genocide in Palestine. Following U.S. and British “reprisals,” this was extended to U.S. and British-linked vessels. The Trump administration commenced massive airstrikes in Yemen on March 15, 2025, promising “unrelenting war,” while relaxing some of the constraints on such attacks introduced by the Biden administration, thus making it a much deadlier war on civilians. Trump promised that Ansar Allah, which he referred to as the “Houthi barbarians,” would be “completely annihilated.”36

    Trump’s official worship of the pro-slavery, pro-empire Polk, whose most notable “achievement” was the Mexican-American War, is in line with the revanchist MAGA ideology. It is in this same imperial vein that his administration has declared that the United States needs to retake the Panama Canal and acquire Greenland “one way or the other.”37 MAGA publications insist that the U.S. relinquishment of the Panama Canal to Panama was not legal on the Panamanian side, making U.S. seizure of it legitimate. In the face of these threats, Panama has made concessions, dropping out of the Belt and Road Initiative and questioning the management of the Canal by Chinese corporations. However, Trump’s Washington insisted that this was not enough, and the United States needed direct ownership and control of the Panama Canal Zone, with Trump ordering the U.S. military to plan an invasion to seize it. In April 2025, the United States negotiated an agreement with Panama that would allow it to reoccupy all of its former military bases in the Panama Canal Zone and is moving large numbers of troops to these bases, while at the same time refusing to acknowledge Panama’s ownership of the Canal. This is being called by Panamanian critics a “Camouflaged Invasion” in which the Panama Canal Zone has been taken over by the U.S. military “without firing a shot.”38

    Meanwhile, the Trump administration is employing all sorts of pressure to acquire Greenland, including a prospective buyout to be offered to the population. It is argued in the MAGA ideology that since Greenland is in the Western Hemisphere, it falls within the U.S. sphere of influence as defined by the Monroe Doctrine. It therefore should not be an autonomous territory of Denmark. Greenland’s vast resources and strategic position are said to make it ripe for U.S. acquisition, generating a “New American Arctic Century.”39

    In the continuing attempt to overthrow Venezuela’s Bolivarian Republic, the Trump administration has threatened to impose 25 percent tariffs on any country in the world that buys oil from Venezuela.40 Under Rubio, the State Department is instituting sanctions on countries that contracted Cuban medical services, denying visas to present and former government officials who work with or support Cuban doctors. Cuba has more than twenty-four thousand doctors working in fifty-six countries worldwide, mostly in the Global South, providing essential medical aid. Washington absurdly claims that these doctors are “forced labor” and represent “human trafficking.”41

    The white supremacism built into Trump’s MAGA foreign policy is particularly blatant in its attacks on the South African government. In response to a South African land reform law that seeks belatedly to address the results of colonialism and apartheid in a country where a white minority, constituting some 7 percent of the population, still owns around 72 percent of the land, Trump, Rubio, and Elon Musk accused South Africa of racism against whites. This was coupled with criticisms of South Africa for its role in arguing before the International Court of Justice that Israel was carrying out genocide in Gaza. In a preliminary ruling, the International Court of Justice decided in favor of South Africa and against Israel.42

    Trump falsely claimed that land was being confiscated by Pretoria from whites without compensation or legal redress, arguing that so-called white refugees from South Africa were “victims of unjust racial discrimination” and would be welcome in the United States. Rubio followed suit by accusing South Africa of unjustly “expropriating private property.” Musk, who was born and raised in apartheid South Africa, has promoted a myth of a “genocide” against white farmers, referring falsely to anti-white “racist ownership laws” and the “large scale killing of [white] farmers.” Based on these spurious accusations, Trump issued an executive order stopping all financial assistance to South Africa, most of which went to fighting HIV/AIDS. The South African ambassador to the United States, Ebrahim Rasool, was expelled from the United States by Rubio after the MAGA online infotainment site Breitbart reported on a talk Rasool gave in a webinar organized by a South African think tank. In his talk, Rasool, in the words of the Associated Press, had spoken “in academic language of the Trump administration’s crackdowns on diversity and equity programs and immigration and mentioned the possibility of a U.S. where white people soon would no longer be in the majority.”43

    Trump’s nominee as ambassador to South Africa, L. Brent Bozell III, is the nephew of conservative National Review editor William F. Buckley Jr., and the founder of the right-wing Media Research Center. Bozell III is a white supremacist noted for his defense of the South African apartheid system while he was president of the National Conservative Political Action Committee, at which time he declared that he was “proud to become a member of the Coalition Against ANC [African National Congress] Terrorism.” Bozell III made the racially charged statement that U.S. President Barack Obama “looked like a skinny, ghetto crackhead.” Bozell III’s son, L. Brent Bozell IV, was one of the MAGA supporters arrested for storming the capitol on January 6, 2021.44

    The MAGA ideology is also evident in the Trump administration’s withdrawals from the 2015 Paris Agreement on climate change and from the World Health Organization, claiming that these steps were necessary to reclaim American “sovereignty.”45 Trump’s imperialist America First ideology extends extraterritorially to demanding that European corporations conform to his executive orders on removing all provisions on diversity, equity, and inclusion (DEI) if they are to have dealings with the United States.46

    The extreme nature of these positions has distanced the Trump administration from the Council on Foreign Relations (CFR), known as “the imperial brain trust” and as “Wall Street’s think tank.” The bipartisan CFR has been a dominant force in U.S. geopolitical strategy since the Second World War.47 Reflecting the general MAGA sentiments, Hegseth accused the CFR of liberal globalism in a letter resigning from the organization.48James M. Lindsay, writing for the CFR from a globalist perspective, has criticized the Trump Doctrine as a “disruptive” reversion to “nineteenth-century power politics and spheres of interest.” According to Lindsay, Trump stands accused of adopting “a Thucydidean worldview—one in which ‘the strong do what they can and the weak suffer what they must.’” Liberal globalists like Lindsay are not opposed to the overall objectives of Trump’s global power politics in this respect. Rather, they complain that it is too ham-fisted and ineffective when compared to the more adroit methods of traditional grand strategists of the American imperium.49

    The Trump Doctrine and the War on China

    In 2010–2011, the Obama administration introduced its “Pivot to Asia,” aimed at the military and geoeconomic encirclement of China. Yet, at the time, the United States was still hoping for a “Gorbachev” to emerge in China who would represent a decisive shift to capitalism, undermining the Communist Party of China (CPC) and allowing the United States to regain its ascendance in Asia. By 2015, it had become apparent that these hopes on the part of U.S. imperial grand strategists had been disappointed, and that the rise of Xi Jinping as chairman of the CPC and president of the People’s Republic of China (PRC) stood for the reinvigoration of “socialism with Chinese characteristics.” Hence, it was Republican strategists around Trump in his first administration that initiated the New Cold War on China, along with an attempted détente with Russia, all aimed at constraining and defeating Beijing.50

    During the Biden administration following the 2020 presidential election, there was a shift back to the long-term imperial strategy of enlarging NATO eastward to Ukraine, the basis of which had already been laid by the U.S.-organized right-wing Maidan coup, leading to the overthrow of the democratically elected president Victor Yanukovych in 2014, followed by civil war in Ukraine. In 2022, after eight years of bloodshed, and Kyiv’s disregard of the Minsk peace agreements establishing Donbass as an autonomous region, the civil war in Ukraine expanded into a full-scale NATO proxy war between NATO and Russia, as Moscow intervened on the side of Russian-speaking Donbass on its border, forestalling an attack in preparation by the Kyiv regime.51Nevertheless, even while engaged in a major proxy war with Russia in Ukraine, during which the United States/NATO provided massive military aid and logistical support, the Biden administration continued to push forward the New Cold War on China launched by Trump, thereby threatening Russia and China at the same time.52

    With the reelection of Trump in 2024, U.S. policy has now shifted back to attempts to end the U.S. proxy war with Russia in Ukraine so as to focus U.S. grand imperial strategy on the singular object of curtailing China’s rise. In what has become known as a “reverse Kissinger strategy,” the Trump administration has sought once again to establish détente with Russia in an attempt to divide the two Eurasian superpowers.53 The MAGA regime is waging the New Cold War on China on an increasingly belligerent basis, accelerating its military spending, shifting national resources away from other foreign and domestic priorities, and weaponizing all of its economic and technological means, accompanied by a New McCarthyism. This is unfolding as part of a larger racially charged crusade against all immigrants, “foreigners,” and supporters of Palestine, China, and non-Westerners in general, accompanied by politically based deportations—in some cases to concentration camps abroad.54

    Rubio, a vehemently anti-Communist ideologue, declared in the Senate hearings on his nomination that China “cheated to obtain superpower status” at U.S. expense. Hegseth has declared that “communist China…subsists on tyranny, theft, and deception” and is the main enemy of the United States. As Secretary of Defense, he has declared that Washington is “prepared” for war with Beijing, which it ostensibly still wants to avoid. Trump’s National Security Adviser, Mike Waltz, ousted from his position in May over the Signal scandal, referred directly to a “Cold War” with China and characterized “the Chinese Communist Party” as Washington’s principal enemy.55

    In order to comprehend the strategic aspects of the U.S. Cold War on China and the dangers it poses of a Hot War, it is important to understand the nature of counterforce strategy and the notion of limited nuclear war between superpowers. The original conception of a Cold War in the post-Second World War era was that the nuclear superpowers could not engage in a Hot War with each other without mutual assured destruction (MAD). Hence, they had to engage in struggles around the world in ways that stopped short of direct superpower confrontation. U.S. nuclear policy was thus based for decades on MAD, which signified that nuclear weapons were unusable and nuclear war unthinkable. This was associated with a minimalist approach to nuclear armaments. By the 1980s, however, the U.S. nuclear posture had shifted to a maximalistcounterforce doctrine, aimed at making nuclear weapons usable (again) and nuclear war thinkable. The counterforce doctrine has as its primary object development of first strike capability or nuclear primacy (which would allow Washington to eliminate the retaliatory capability of the other side in a first strike). Its secondary object—particularly if nuclear primacy is found to be beyond reach—is a limited nuclear war in which the United States would dominate all the levels of escalation. In a limited nuclear war, it is theorized, the United States will be able to defeat its superpower opponent, forcing it to back down, short of a global nuclear apocalypse.56

    In the U.S. strategic planning community today, the foremost theorist of a limited nuclear war with China, to be fought most likely over Taiwan, is Elbridge A. Colby, Trump’s undersecretary of defense for policy. A Harvard-educated blueblood, Colby is the grandson of former CIA director William Colby. Elbridge Colby served as deputy assistant secretary of defense for strategy and force development in the first Trump administration. He was the lead author of the 2018 U.S. National Defense Strategy. Following the first Trump administration, he cofounded the strategic think tank, the Marathon Initiative, and has developed strong ties to the Heritage Foundation.

    Colby’s nomination was strongly opposed by Republican neocons (as well as Democrats) based on what was seen as his less than hawkish position on Iran and hence the Middle East. This was related to his stance that China is the real threat, and that the U.S. war machine should have a laser focus on the Indo-Pacific even at the expense of other theaters. In this respect, Colby had the full support of MAGA, including U.S. Vice President J. D. Vance; centibillionaire and DOGE czar Musk; Charlie Kirk, head of Turning Point USA; Compactmagazine; and Heritage Foundation president Kevin Roberts, with whom Colby coauthored an article arguing that Washington should shift its focus from Ukraine to China.57 Widely seen as a Republican “realist” in the Henry Kissinger mode, Colby’s primary emphasis is on the need to prepare aggressively for a limited (nuclear) war with China over Taiwan. The 2018 National Defense Strategy under his direction singled out China as the principal enemy, and, for the first time ever, explicitly integrated limited nuclear war into overall U.S. national defense strategy.58

    Colby is viewed in geopolitical and military circles as the leading proponent of the “strategy of denial” aimed at China. This is a “limited war” strategy, potentially employing full non-strategic military might plus counterforce weapons in accordance with the “Schlesinger Doctrine” (named after Richard Nixon’s Secretary of Defense, James Schlesinger). Structuring his argument in terms of an impending PRC attack on Taiwan (recognized internationally, including by Washington, as an autonomous, self-governing part of China), Colby commences by declaring that the United States can no longer count on absolute military dominance globally or in the Indo-Pacific region. A U.S. “preventative war” against China over Taiwan, as in the case of numerous U.S. imperial wars in the past, must be avoided, since China, like the United States, has a nuclear arsenal that would survive a first strike. Nevertheless, Colby claims, the United States retains superior counterforce strike capabilities, giving it the advantage at the various stages of escalation. Nations, he states, do not “have equally good options for incremental escalation below the apocalyptic level.” A strategy of denial thus means to take away the military objective of the other side by ensuring that for it to escalate its way out of the conflict or to follow the United States up the ladder of escalation would be far too costly.59

    In a war with the PRC over Taiwan, relying on the strategy of denial, Colby tells us, Washington would seek to avoid using nuclear weapons for “city-busting,” attacks on nuclear command centers, or direct attempts to “decapitate” the PRC’s political leadership. There could be no “one fell-swoop” attack that would force the PRC to employ its full deterrent. Nonetheless, Washington could win the war, Colby argues, by making it prohibitively costly for China to escalate to the next level. This would include, in the U.S. climb up the ladder of escalation, attacks on mainland China’s “internal transportation infrastructure…energy production and distribution sites, telecommunication nodes, and airports and seaports,” plus, at a further level of escalation, its “industrial base, commercial technology production and financial sector,” extending all the way to counterforce attacks on China’s “nuclear power projection forces” and “ultimately regime targets,” that is, aimed at the CPC itself. If the PRC were to succeed in securing Taiwan, which is seen as likely in such a conflict, the United States, Colby contends, should be prepared to fight a limited war to “recapture” it, as part of the overall denial strategy. Colby’s strategy of denial with respect to Taiwan involves building up the military capabilities of Taipei and of the first and second island chains of U.S. bases in the Indo-Pacific, as well as expanding U.S. military alliances throughout the region in preparation for a limited war. This could, he contends, escalate into a limited nuclear war, while theoretically avoiding total escalation to nuclear war. The United States recently, under the Biden administration, installed intermediate-range missiles capable of carrying nuclear weapons in the Philippines, where they can strike the Chinese mainland.60

    A crucial part of such so-called “defense” thinking is that the United States, because of its forward deployment, would be in a position to attack the Chinese mainland with regional forces and intermediate-range missiles, while the PRC would have few options to reply in kind—short of use of intercontinental ballistic missiles (ICBMs) capable of reaching the U.S. mainland—and hence would be reduced to targets like the major U.S. military base in Guam. If China were actually to reply with ICBM strikes on the U.S. mainland in response to U.S. attacks on the Chinese mainland, this would risk ushering in a full-scale global thermonuclear exchange. According to Colby, Washington should therefore strive, even in a limited nuclear war, to inflict damage to the PRC mainland sufficient to force China to accept a U.S. victory, while stopping short of what would induce China to attack the U.S. mainland—since this would have a high probability of inducing a global holocaust.

    Colby’s extraordinarily dangerous and fanciful strategy thus focuses irrationally on a limited war with China, which, in his own conception, would likely escalate into a limited nuclear war. It is willfully asserted that escalation on China’s part could be controlled and limited by U.S. dominance of each step in the escalation ladder, leading to “war termination” and final victory for the United States.

    The 2018 National Defense Strategy, which was largely based on Colby’s formulation, is sometimes referred to as “peace through strength.” It was predicated on preparation to fight a limited nuclear war with China, with the assumption that victory can be achieved by “superior performance within a given set of rules,” short of nuclear apocalypse for all parties.61 Nevertheless, reason suggests that Colby’s strategy of denial involving U.S. attacks on the Chinese mainland, likely escalating to counterforce attacks on strategic/nuclear targets, vastly increases the likelihood of MAD as the final outcome. A general thermonuclear exchange would lead to the extermination of almost all of global humanity due to megafires in hundreds of cities pushing smoke and soot into the stratosphere and the onset of nuclear winter.62

    In his Senate confirmation hearings, Rubio flatly asserted that China would invade Taiwan this decade unless the repercussions of such a military engagement would be too steep, using the term “porcupine strategy” for the strategy of denial. He argued that Taiwan had to be armed to the teeth and that the U.S. military needed to be prepared to deny China’s coercive resumption of direct sovereign rule of the island by making it cost prohibitive. In his own nomination hearing, Colby stated that Taiwan needs to increase its military spending from under 3 percent to 10 percent of its GDP. U.S. officials have continually referred to a planned PRC invasion of Taiwan in the lead-up to 2027, known as the “Davidson Window” after a declaration to that effect in 2021 by outgoing head of the U.S. Indo-Pacific Command, Admiral Phil Davidson (who received his appointment under Trump). However, there is no real basis for the claim, with respect to either the 2027 date or the decision on the part of China to intervene militarily. Beijing’s official policy remains one of peaceful unification across the strait. According to Defense News, the fact that “DC became obsessed” with the idea of a invasion of Taiwan by the PRC by 2027 has influenced U.S. national security and military policy on China, creating additional tensions in the Indo-Pacific region.63

    Needless to say, while U.S. military operations are customarily couched in terms of “defense,” this is invariably accompanied by the statement that the United States, as part of its official nuclear posture, is prepared to carry out a nuclear first strike, which remains at all times “on the table.” As Musk, the Pentagon’s biggest military contractor, put it in a 2024 interview of Trump, a nuclear holocaust “is not as scary as people think.” He added that “Hiroshima and Nagasaki were bombed but now they are full cities again.” Trump agreed, replying “That’s great, that’s great.”64

    Trump’s most extravagant and inane military initiative is his “Golden Dome” meant to shield the United States from incoming missiles. In the initial stages, this would involve improvements of ground-based missile interceptors. The main emphasis, though, is on the development of thousands of satellites in outer space armed with hypersonic missiles. The lead in obtaining contracts to build the Golden Dome seems to lie at present with Musk’s SpaceX, which dominates the field of small satellites and space launches and is the primary U.S. defense contractor in space-based weaponry. Moreover, the SpaceX cutout Castelion, led by ex-senior SpaceX employees, is focusing on the development of hypersonic missiles. Another leading contender for the Golden Dome contracts is major defense contractor Booz Allen Hamilton, which is floating its “Brilliant Swarms” idea entailing a whole constellation of satellites on twenty orbital planes from three hundred kilometers up, run by artificial intelligence, each satellite constituting a kill vehicle.65

    Although Trump’s envisioned Golden Dome is advertised as a defensive shield for the United States, its main purpose is offensive, as a United States effectively protected from incoming missiles would have nuclear primacy or first strike capability able to pick off stray missiles that had survived an initial attack on another nuclear superpower. Such a system would be absolutely useless against a full-scale nuclear attack by another superpower since it would share in the weaknesses of all other anti-ballistic missile systems in that it would easily be overrun by numbers. Moreover, missiles on the ground will always be easier and cheaper to build than space-based interceptors. Indeed, in order to take advantage of superior U.S. counterforce and space weaponry and to make his Golden Dome nuclear shield feasible, Trump has floated the idea of strategic denuclearization that would limit the number of warheads/ballistic missiles on each side. This is because one of the main means of ensuring nuclear survivability, and the chief means of penetrating missile shields designed to provide first strike capability, is the sheer number of missiles. In fact, Trump’s building of a Golden Dome is likely to make any further nuclear disarmament impossible and instead to launch a new nuclear arms race.66

    Although Trump’s Golden Dome is ostensibly aimed at protecting the U.S. population from nuclear exterminism, his administration simultaneously is revoking all efforts to protect the U.S. and world population from exterminism associated with global warming. His MAGA regime has not only directly eliminated all federal climate change mitigation efforts, but in an Executive Order released in April 2025, he ordered the U.S. Attorney General to take actions aimed at preventing the enforcement of all existing state and local government laws directed at combating climate change. He did this by simply decreeing that such state and local measures to protect the environment were illegal and violated administration policy.67

    America First/Amerika Über Alles

    Noam Chomsky famously argued that propaganda in democratic societies had to be more sophisticated than in authoritarian states, since in the former it occurs behind the backs of the people, relying on deeply internalized values and media complicity, using all the techniques developed in advertising/marketing, while in the latter it could be quite crude and open, enforced by the bludgeon.68 Nevertheless, fascist-style propaganda against whole ethnicities and peoples, as Adolf Hitler’s Germany demonstrated, is arguably at its most effective when presented in its most blatantly crude form, relying not so much on a bludgeon but on inducing masses of people to openly identify with it, even while conscious of its dehumanizing and coercive character, drawing on “accumulated rage” generated by capitalism. This then becomes the high point of irrationalism. As Bloch wrote, the Nazi brownshirts were entirely “honest in one thing: in the art of not telling the truth,” a brazen retreat from reason.69

    A good example of such irrationalist propaganda is the infamous November 1933 Nazi poster that read “With Adolf Hitler, Yes for Equality and Peace.”70 The 1919 Treaty of Versailles had limited the German military to one hundred thousand troops. When the League of Nations refused to comply with Hitler’s demands for rearming the country, Hitler held a national plebiscite on November 12, 1933, the fifteenth anniversary of the armistice that brought the First World War to an end. The Nazi slogan, as in the poster, was a call to support Hitler for “Equality and Peace.” The population was asked to back the Führer in demanding equality of status for the German nation in its ability to make war, along with an accompanying promise of peace through strength. All of this was part of an attempt to make Germany great again after its defeat in the First World War and the indignities of the Treaty of Versailles.71

    Propaganda is not simply a matter of lies, it can also occur when truth claims are set aside altogether. Within contemporary philosophy, the concept of “bullshit” is seen as a form of “persuasive communication, distinguished from lying, that has no regard for truth, knowledge, or evidence.” By ending rational debate, pure bullshit is often more effective than standard propaganda, even of the Orwellian variety, since it does not simply invert the truth, but openly exhibits contempt for truth of any kind, advertising its muscular, scornful, and evasive perspective.72 It is thus a potent weapon of irrationalism. Climate change denialists often rely on bullshit in this sense to combat science, proudly exhibiting their denial of reason itself.73 In announcing his “Liberation Day” tariffs, Trump said that “for decades, our country has been looted, pillaged, raped, and plundered by nations near and far, friend and foe alike,” employing a rhetoric that was so hyperbolic and irrational that it can be classified not so much as a case of lying as pure bullshit. It did not even pretend to be an accurate portrayal of the truth, but exhibited a disdainful attitude toward the entire world—one which, as the Marxist economist Paul A. Baran said in relation to Fyodor Dostoevsky’s character, the Underground Man, “vomits up reason.”74

    When Trump declared in the 2024 elections in Dearborn, Michigan, that “I am the peace candidate,” and went on to declare “I am peace,” some took him simply at his word, failing to perceive this as a propagandistic statement by a leader of a neofascist, hypernationalist, racist movement, backed by the most conservative sectors of the U.S. ruling class.75 During his election campaign, he intimated that he had a secret plan to bring peace to Gaza. He began to put this into place upon entering the White House by proposing, together with Netanyahu, the extermination/relocation of the entire Palestinian population of Gaza: that is, the peace of the grave.

    Some previous leftists like Parenti have argued that Trump is an “America-First isolationist” opposed to empire.76 In reality, “America First,” historically was an imperialist slogan, more closely related to the title of the Nazi slogan Deutschland über alles (“Germany Above All”) than to historical U.S. isolationism, itself largely a myth. Deutschland über alles was taken from the German national anthem adopted during the Weimar Republic, where it originally referred to the unification of Germany. It was reinterpreted and made into a slogan, weaponizing the national anthem in Hitler’s Third Reich, standing for a kind of German manifest destiny to rule Europe. In a somewhat analogous historical development, the slogan “America First” was introduced by Woodrow Wilson to stand for U.S. neutrality in the First World War—just prior to U.S. entry into the “War to End All Wars.” In the 1930s, the media monopolist William Randolph Hearst placed “America First” on the masthead of his papers and celebrated the “great achievement” of the Nazi regime in Germany, with Hearst personally interviewing Hitler. Charles Lindbergh, the world-famous aviator, became the head of the America First Committee at the time of the Second World War and an exponent of Aryan racial superiority and antisemitism. He was presented with a medal by Field Marshall Hermann Göring on behalf of Hitler. The Anti-Defamation League urged Trump to drop the America First slogan, given its pro-Nazi history, but he continued to use it to define his foreign policy.77

    Trump’s slogan of “peace through strength” had its origins in the Roman Empire. It is said to have first been used by the Emperor Hadrian, best known for Hadrian’s Wall, which was built in the Roman province of Britain in 122 CE. The wall was intended to help defend the boundaries of the Roman Empire, at the moment of its greatest expansion, against barbarian “invaders.”78 As imperial decline commences, the notion of barbarian invaders soon becomes ubiquitous, leading to demands to build border walls and Golden Domes. The irrationalism of the Trump Doctrine of renewed U.S. global domination through an aggressive racial nationalism points to what István Mészáros termed the “potentially deadliest phase of imperialism,” a period of nuclear-armed barbarism.79

    Writing in 1935, during the consolidation of the Nazi regime in The Heritage of Our Times, Bloch observed: “We have really reached the trump card here after a hundred years of the German workers’ movement: a monster has come true and is committing the proletarians in chains to the Thousand-Year Reich, to capital finance as national community.”80 In 2025, the United States is subject to a neofascist movement of enormous significance, in which the “trump card here,” after a long history of democratic struggle rooted in workers’ movements, is that “a monster has come true,” committing workers increasingly “in chains” to “capital finance as national community” and to a New Cold War against China and the Global South.

    The billionaire ruling class of the United States has—along the path of support for Israeli genocide of Palestinians and a prospective war with China—shifted its support from liberal democracy to neofascism, or at best to a neofascist-neoliberal alliance. Key sections of the capitalist class have mobilized the lower-middle class on the basis of a nationalist, revanchist ideology, in which the population of most of the world is seen as the enemy. Structures are being put in place that are meant to eliminate the possibility of a mass democratic revolt from below and the reversal of today’s destructive trends. There is only one movement on Earth capable of turning these dangerous and destructive trends around on behalf of humanity as a whole: the global movement toward socialism, which is also necessarily an anti-imperialist movement. The worst error that could be made in this dire situation would be to underestimate the danger, or the extent, of the revolutionary human struggle now required.

    Notes

    1. Christian Parenti, “Trump’s Real Crime Is Opposing Empire,” Compact, April 7, 2023.
    2. Détente with Russia as part of the launching of a New Cold War with China was central to the first Trump administration. See John Bellamy Foster, Trump in the White House (New York: Monthly Review Press, 2017), 50–52, 74–75.
    3. Trump has threatened to bomb Iran if it does not make a deal with the United States on its (nonexistent) nuclear weapons program, declaring in early April: “If they don’t make a deal, there will be bombing. It will be bombing the likes of which they have never seen before.”Doina Chiacu and David Ljunggren, “Trump Threatens Bombing if Iran Does Not Make Nuclear Deal,” Reuters, March 30, 2025; Chris Bambery, “Trump’s War Plans for Iran: Opening the Other Gates of Hell,” Counterfire, April 4, 2025.
    4. Leo Shane III, “Trump Promises $1 Trillion in Defense Spending for Next Year,” Defense News, April 8, 2025; Gisela Cernadas and John Bellamy Foster, “Actual U.S. Military Spending Reached $1.537 Trillion in 2022—More than Twice Acknowledged Level: New Estimates Based on U.S. National Accounts,” Monthly Review 75, no. 6 (November 2023): 18–26.
    5. On the “Age of Catastrophe,” 1914–1945, see Eric Hobsbawm, The Age of Extremes (New York: Vintage, 1994), Part I.
    6. Parenti, “Trump’s Real Crime Is Opposing Empire.”
    7. Jeff Heer, “Surprisingly Durable Myth of Donald Trump, Anti-Imperialist,” The Nation, April 17, 2023; John Bellamy Foster, “The New Cold War on China,” Monthly Review 73, no. 3 (July–August 2021): 1–20.
    8. Prabhat Patnaik, “Imperialism’s Revival Strategy,” People’s Democracy, March 2, 2025, peoplesdemocracy.in.
    9. Josh Dawsey, Vera Bergengruen, and Alexander Ward, “The Painting That Explains Trump’s Foreign Policy,” Wall Street Journal, March 13, 2025.
    10. R. W. Van Alstyne, The Rising American Empire (Oxford: Basil Blackwell, 1960).
    11. Michael Anton, “The Trump Doctrine: An Insider Explains the President’s Foreign Policy,” Foreign Policy, 232 (Spring 2019): 40–47.
    12. Anton, “The Trump Doctrine”; Amanda Taub, “The Trump Doctrine: The World Is a Zero-Sum Game,” New York Times, March 7, 2025
    13. Anton, “The Trump Doctrine”; Plato, Republic, trans. Francis MacDonald Cornford (New York: Oxford University Press, 1945), 14–22.
    14. Bryan Mena, “Key Takeaways from Trump’s ‘Liberation Day’ Tariffs,” CNN, April 2, 2025; Peter Foster and Sam Fleming, “Donald Trump Baffles Economists with Tariff Formula,” Financial Times, April 3, 2025; Nick Beams, “Trump’s ‘Reciprocal Tariffs’ Escalate Economic War Against the World,” World Socialist Web Site, April 3, 2025, wsws.org; Jack Izzo, “Posts Online Correctly Cracked the Formula for Trump’s Tariffs,” Snopes, April 3, 2025; Helen Davidson and Joana Partridge, “Trump Imposes New Tariffs on Dozens of Partners, Sparking Fresh Market Turmoil,” Guardian, April 9, 2025; Josh Boak, “Trump Backs Down on Most Reciprocal Tariffs for 90 Days, but Raises Rate on Chinese Imports to 125 Percent,” PBS News, April 9, 2025; Léonie Chao-Fong, Tom Ambrose, Graeme Wearden, and Kate Lamb, “US Markets Close with Steep Losses as Trump Tariffs Branded ‘Worst Self-Inflicted Wound’ by a Successful Economy,” Guardian, April 10, 2025.
    15. Oren Cass,” American Compass, n.d.; Influence Watch, “American Compass,” n.d., influencewatch.org; Influence Watch, “Thomas D. Klingenstein Fund,” n.d.; Jason Wilson, “The Far Right Financier Giving Millions to the Republican Party to Fight ‘Woke Communists,’” Guardian, August 4, 2023; Thomas D. Klingenstein, “Winning the Cold Civil War,Newsweek, September 8, 2021.
    16. “Where’s the Growth?,” American Compass, March 15, 2022, americancompass.org; Oren Cass, “Why Trump Is Right About Tariffs,” Wall Street Journal, October 27, 2023.
    17. A Hard Break from China: Protecting the American Market from Subversion by the CCP,” American Compass, June 8, 2023; David Azerrad, “How to Put Woke Capital Out of Business,” American Compass, September 2, 2021; Vivek Ramaswamy, Woke, Inc.: Inside Corporate America’s Social Justice Scam (New York: Center Street, 2021).
    18. Peter Navarro, The Coming China Wars (New York: Financial Times Press, 2008), 203–5; Jacob Heilbrunn, “The Most Dangerous Man in the Trump World?,” Politico, February 12, 2007; John Bellamy Foster, Trump in the White House, 84–85; Alan Rappeport, “Trump’s Trade Advisor Pick, a China Hawk, Was Jailed over Jan. 6,” New York Times, December 4, 2024; D’Angelo Gore, “Independent Analyses Contradict Navarro’s $6 Trillion-Plus Tariff Revenue Estimate,” FactCheck, April 10, 2025, factcheck.org.
    19. David Randall, “Hudson Bay, Morgan Stanley, Took Positions in Trump Social Media Firm in Q1,” Reuters, May 15, 2024; Stephen Miran, A User’s Guide to Restructuring the Global Trading System, Hudson Bay Capital, November 2024, hudsonbaycapital.com.
    20. Josh Lipsky and Jessie Yin, “Meeting in Mar-a-Lago: Is a New Currency Deal Plausible?,” Atlantic Council, March 13, 2015, atlanticcouncil.org.
    21. Miran, A User’s Guide to Restructuring the Global Trading System, 13–14, 35.
    22. Michael Hudson, “Trump’s Tariff Threats Could Destabilize the Global Economy,” Geopolitical Economy, January 25, 2025, geopoliticaleconomy.com
    23. Miran, A User’s Guide to Restructuring the Global Trading System, 37.
    24. David Deuchar, “Donald Trump and the Dollar: The Triffin Dilemma and America’s Exorbitant Privilege,” Seeking Alpha, May 24, 2016; Robert Triffin, Gold and the Dollar Crisis: Yesterday and Today, Essays in International Finance, no. 132 (Princeton, New Jersey: Princeton University Press, 1978), 1–6; Ismail Shakil, “Trump Repeats Tariff Threat to Disuade BRICS Nations from Replacing US Dollar,” Reuters, January 30, 2025.
    25. Hudson, “Trump’s Tariff Threats Could Destabilize the Global Economy.”
    26. Carol D. Leonnig and Philip Rucker, “‘You’re a Bunch of Dopes and Babies’: Inside Trump’s Stunning Tirade Against Generals,” Washington Post, January 17, 2020.
    27. Green Party US, “Alienated, Not Apathetic: Why Workers Don’t Vote,” August 5, 2019, gp.org; “Median Income in the United States in 2023, by Educational Attainment of Householder,” Statista, statista.com, n.d. In the 2024 elections, according to exit polls, Trump expanded beyond his lower-middle class base support into the working class, winning a majority of those with family incomes between $30,000 and $50,000 a year, but he still lost to the Democrats among the poor (those with family incomes of $30,000 or less). The major domestic issue accounting for this shift was the economy, principally inflation. “Exit Polls,” NBC News, November 5, 2024. Millions of previous Democratic voters chose the Party of Nonvoters.
    28. Ernst Bloch, The Heritage of Our Times (Berkeley: University of California Press, 1990), 54, 68, 79, 108, 113. On the patriarchal, conservative sex/gender tendencies of the lower-middle class in capitalist societies and the role of this in generating fascist tendencies, see Wilhelm Reich, The Mass Psychology of Fascism (New York: Farrar, Straus and Giroux, 1970), 52–59.
    29. Phil A. Neel, Hinterland: America’s New Landscape of Class Conflict (London: Reaktion Books, 2018), 36, 57–58. Contradicting his own argument, Neel suggests that these developments do not point to the development of fascism or neofascism in Trump’s Make America Great Movement, despite the similar class dynamics. Neel, Hinterland, 48.
    30. Charles R. Kesler, “America’s Cold Civil War,” Imprimis 47, no. 10 (October 2018); Jonathan Wilson-Hartgrove, Reconstructing the Gospel: Finding Freedom from Slaveholder Religion (Lisle, Illinois: InterVarsity Press, 2018).
    31. Leila Abboud, Adrienne Klasa, and Henry Foy, “U.S. Tells European Companies to Comply with Donald Trump’s Anti-Diversity Order,” Financial Times, March 28, 2025.
    32. Dennis Laich, “Trump’s ‘Gaza Riviera’—A Profile in Arrogance,” The Hill, March 9, 2025.
    33. Georg Lukács, The Destruction of Reason (London: Merlin Press, 1980), 737
    34. CRA Staff, “Primer: Palestinian Culture is Prohibitive for Assimilation,” Center for Renewing America, December 1, 2023, americarenewing.com.
    35. Lydia Wilson, “Pete Hegseth’s Tattoos and the Crusading Obsession of the Far Right,” New Lines, November 29, 2024; Pete Hegseth, American Crusade (New York: Center Street, 2020), 13, 24, 289–90, 301.
    36. Jon Gambrell, “Trump Threatens Houthi Rebels That They’ll Be ‘Completely Annihilated’ as Airstrikes Pound Yemen,” Associated Press, March 20, 2025.
    37. Dawsey, Bergengruen, and Ward, “The Painting That Explains Trump’s Foreign Policy.”
    38. Micah Meadowcroft and Anthony Licata, “Primer: The American Canal—The Case for Revisiting the Panama Canal Treaties,” Center for Renewing America, January 31, 2025; Brett Wilkins, “Trump Orders U.S. Military to Plan Invasion of Panama to Seize the Canal: Report,” Common Dreams, March 13, 2025, commondreams.org; “‘Camouflaged Invasion’: Panama Opposition Slams Security Pact with the US,” Al Jazeera, April 12, 2025.
    39. Sumantra Maitra, “Towards Greater Engagement and Integration with Greenland and a New American Arctic Century,” Center for Renewing America, March 3, 2025.
    40. José Luis Granados Ceja, “Trump Threatens 25% Tariff on Countries Buying Venezuelan Oil as US Continues Migrant Crackdown,” Venezuelanalysis, March 24, 2025
    41. Farah Najjar, “Why Are Caribbean Leaders Fighting Trump to Keep Cuban Doctors?,” Al Jazeera, March 15, 2025; Vijay Prashad, “Why Cuban Doctors Deserve the Nobel Peace Prize,” MR Online, August 25, 2020.
    42. Kate Bartlett, “What’s Trump’s Beef with South Africa?,” NPR, February 7, 2025; Michelle Gavin, “Trump’s Misguided Policy Toward South Africa,” Council on Foreign Relations, February 12, 2025, cfr.org; “Do White People Own ‘Only’ 22 Percent of South Africa’s Land?,” AFP Fact Check, July 19, 2019, factcheck.afp.com.
    43. Brett Davidson, “What Musk and Trump Describe Is Not the South Africa I Know and Love,” Al Jazeera, March 25, 2025; Bartlett, “What’s Trump’s Beef with South Africa?”; Gavin, “Trump’s Misguided Policy Toward South Africa”; Trita Parsi, “ICJ Lands Stunning Blow on Israel Over Gaza Genocide Charge,” Responsible Statecraft, January 26, 2024, responsiblestatecraft.org; Gerald Imray, “Expelled South African Ambassador Returns Home, Says Will Wear US Sanction as a ‘Badge of Dignity,’” Associated Press, March 23, 2025.
    44. Hunter Walker, “Trump’s Pick for Ambassador to South Africa Actively Opposed Fight to End Apartheid,” Talking Points Memo, March 26, 2025; Stephen Millies, “Trump Wants a Super Bigot to Be Ambassador to South Africa,” Struggle for Socialism/La Lucha por el Socialismo, April 1, 2025, struggle-la-lucha.org; Lucas Shaw, “Barack Obama: Now He’s a Skinny, Ghetto Crackhead?,” Reuters, December 23, 2011.
    45. Stewart Patrick, “Trump’s Distorted View of Sovereignty and American Exceptionalism,” Carnegie Endowment for International Peace, January 30, 2025; Donald Trump, “The Inaugural Address,” The White House, January 20, 2025.
    46. Abboud, Klasa, and Foy, “U.S. Tells European Companies to Comply with Donald Trump’s Anti-Diversity Order.”
    47. Laurence H. Shoup and William Minter, Imperial Brain Trust: The Council on Foreign Relations and United States Foreign Policy (New York: Monthly Review Press, 1977); Laurence H. Shoup, Wall Street’s Think Tank (New York: Monthly Review Press, 2015).
    48. Hegseth, American Crusade, 92–94.
    49. James M. Lindsay, “The Costs of Trump’s Foreign Policy Disruption,” Council on Foreign Relations, January 31, 2025.
    50. Foster, Trump in the White House, 50–52, 74–75
    51. See Thomas Palley, “The Russia War Explained: How the U.S. Exploited the Internal Fractures in the Post-Soviet Order,” Monthly Review 77, no. 2 (June 2025).
    52. John Bellamy Foster and Brett Clark, “Imperialism in the Indo-Pacific—An Introduction,” Monthly Review 76, no. 3 (July–August 2024): 6–13.
    53. Vijay Prashad, “Donald Trump’s Reverse Kissinger Strategy,” People’s Dispatch, March 6, 2025.
    54. This is the case with respect to deportations to Guantanamo and to notorious prison complexes in El Salvador. See Chris Hedges, “American Concentration Camps,” ScheerPost, April 17, 2025.
    55. Antara Ghosal Singh, “China’s Rubio Dilemma,” Observer Research Foundation, February 11, 2025, orfonline.org; Hegseth, American Crusade, 157; Sarah Ewall-Wice, “Pete Hegseth Says the US Is ‘Prepared’ for War with China After Tariff Retaliation Threat,” Daily Mail, March 5, 2025; Selina Wang, “Rubio and Waltz Picks Put China Back at the Center of U.S. Foreign Policy,” ABC News, November 12, 2024.
    56. See John Bellamy Foster, “The U.S. Quest for Nuclear Primacy,” Monthly Review 75, no. 9 (February 2024): 1–21.
    57. Daniel McCarthy, “Why Elbridge Colby Matters,” Compact, February 21, 2025; Kelley Beaucar Vlahos, “Realists Cheer as Elbridge Colby Named Top DoD Official for Policy,” Responsible Statecraft, December 23, 2024; Elbridge A. Colby and Kevin Roberts, “The Correct Conservative Approach to Ukraine Shifts the Focus to China,” Time, March 21, 2023.
    58. U.S. Department of Defense, Summary of the 2018 National Defense Strategy: Sharpening the American Military’s Competitive Edge, Defense Acquisition University, dau.edu; John Bellamy Foster, “The U.S. Quest for Nuclear Primacy,” 15; Jacob Heilbrunn, “Elbridge Colby Wants to Finish What Donald Trump Started,” Politico, April 11, 2023.
    59. Elbridge A. Colby, The Strategy of Denial: American Defense in an Age of Great Power Conflict(New Haven: Yale University Press, 2021), 83, 95, 147, 172, 183.
    60. Colby, The Strategy of Denial, 182–83, 197; Elbridge A. Colby and Yashar Parsie, Building a Strategy for Escalation and War Termination, Marathon Initiative, November 2022, 9, 17–18, 20–23; Abdul Rahman, “China Demands Withdrawal of U.S. Missile System from the Philippines, Calls It a Threat to Regional Peace and Security,” People’s Dispatch, December 28, 2024. On the U.S. forward military deployment and the encirclement of China, see Foster and Clark, “Imperialism in the Indo-Pacific,” 13–19.
    61. Colby, The Strategy of Denial, 90; Colby and Parsie, Building a Strategy of Escalation and War Termination, 17; Bill Gertz, “Pentagon Policy Nominee Says U.S. Must Act or Risk Losing War with China: Colby Vows to Adopt America First and Peace Through Strength,” Washington Times, March 4, 2025.
    62. John Bellamy Foster, “‘Notes on Exterminism’ for the Twenty-First Century Ecology and Peace Movements,” Monthly Review 74, no. 1 (May 2022): 1–17.
    63. Micah McCartney, “China Will Launch War This Decade, Trump Nominee Says,” Newsweek, January 16, 2025; “Taiwan Needs to Hike Defense Spending to 10%—Pentagon Nominee,” Reuters, March 4, 2025; Noah Robertson, “How DC Became Obsessed with a Potential 2027 Chinese Invasion of Taiwan,” DefenseNews, May 7, 2024; John Culver, “China, Taiwan, and the PLA’s 2027 Milestones,” The Interpreter, February 12, 2025, lowyinstitute.org/the-interpreter.
    64. Alisha Rahaman Sarkar, “Elon Musk Draws Fire for Playing Down Impact of Atomic Bombing of Japan: ‘Not as Scary as People Think,’” Independent, August 13, 2024; Sumanti Sen, “Elon Musk Under Fire for ‘Minimizing’ Hiroshima and Nagasaki Tragedy by Saying It’s ‘Not as Scary as People Think,’” Hindustan Times, April 13, 2024.
    65. Patrick Tucker, “Trump to Get Golden Dome Options Next Week: Defense Source,” Defense One, March 27, 2025; Binoy Kampmark, “Trump’s Star Wars Revival: The Golden Dome Antimissile Fantasy,” Dissident Voice, March 25, 2025.
    66. Zeke Miller and Michelle L. Price, “Trump Wants Denuclearization Talks with Russia and China, Hopes for Defense Spending Cuts,” Associated Press, February 14, 2025.
    67. Donald J. Trump, “The White House, Protecting American Energy from State Overreach,” Executive Orders, April 8, 2025.
    68. Noam Chomsky interviewed by David Barsamian, Chronicles of Dissent (Monroe, Maine: Common Courage Press, 1992), 62–63.
    69. Bloch, The Heritage of Our Times, 70, 108–11, translation punctuation slightly modified.
    70. Propaganda Advertisement Implying that Hitler Supports Equality and Peace,” United States Holocaust Memorial Museum, Accession Number: 1990.333.7, collections.ushmm.org/search/catalog/irn3775.
    71. Norm Haskett, “Germany Exits League of Nations,” The Daily Chronicles of World War II, ww2days.com.
    72. Vukašin Gligorić, Allard Feddes, and Bertjan Doosje, “Political Bullshit Receptivity and Its Correlates: A Cross-Country Validation of the Concept,” Journal of Social and Political Psychology 10, no. 2 (2022): 411–29; Harry G. Frankfurt, On Bullshit (Princeton: Princeton University Press, 2005).
    73. Joshua Luczak, “Climate Denialism Bullshit Is Harmful,” Asian Journal of Philosophy 2, no. 1 (2023): 1–20.
    74. Josh Boak, “Trump Launches Tariffs, Saying Global Trade Has ‘Looted, Pillaged, Raped, Plundered’ US Economy,” Associated Press, April 2, 2025; Paul A. Baran, The Longer View (New York: Monthly Review Press, 1969), 104.
    75. Mehdi Hasan, “Is Donald Trump a Foreign Policy Dove?: If Only,” Guardian, November 13, 2024; Tia Goldenberg, “Trump Promises to Bring Lasting Peace to a Tumultuous Middle East. But Fixing It Won’t Be Easy,” Associated Press, November 6, 2024.
    76. Parenti, “Trump’s Real Crime Is Opposing Empire.”
    77. Lawrence S. Wittner, “The Ugly Origins of Trump’s ‘America First’ Policy,” Foreign Policy in Focus, March 19, 2024.
    78. Jarrett A. Lobell, “The Wall at the End of Empire,” Archaeology 70, no. 3 (May–June 2017): 26–35.
    79. István Mészáros, Socialism or Barbarism (New York: Monthly Review Press, 2001), 23–56.
    80. Bloch, The Heritage of Our Times, 67.
  • The U.S. Ruling Class and the Trump Regime

    The U.S. Ruling Class and the Trump Regime

    The U.S. Ruling Class and the Trump Regime,” Monthly Review 76, no. 11 (April 2025), pp. 1-22.

    Trump in the White House

    U.S. capitalism over the past century has had without question the most powerful, most class-conscious ruling class in the history of the world, straddling both the economy and the state, and projecting its hegemony both domestically and globally. Central to its rule is an ideological apparatus that insists that the immense economic power of the capitalist class does not translate into political governance, and that no matter how polarized U.S. society becomes in economic terms, its claims to democracy remain intact. According to the received ideology, the ultra-rich interests that rule the market do not rule the state—a separation crucial to the idea of liberal democracy. This reigning ideology, however, is now breaking down in the face of the structural crisis of U.S. and world capitalism, and the decline of the liberal-democratic state itself, leading to deep splits in the ruling class, and a new right-wing, openly capitalist domination of the state.

    In his farewell speech to the nation, days before Donald Trump triumphantly returned to the White House, President Joe Biden indicated that an “oligarchy” based in the high-tech sector and relying on “dark money” in politics was threatening U.S. democracy. Senator Bernie Sanders, meanwhile, warned of the effects of the concentration of wealth and power in a new “ruling class” hegemony and the abandonment of any traces of support for the working class in either of the major parties.1

    Trump’s ascendancy to the White House for the second time naturally does not mean that the capitalist oligarchy has suddenly become a commanding influence in U.S. politics, since this is in fact a long-standing reality. Nevertheless, the entire political milieu in recent years, particularly since the 2008 financial crisis, has been moving to the right, while the oligarchy is exercising more direct influence over the state. A sector of the U.S. capitalist class is now openly in control of the ideological-state apparatus in a neofascist administration in which the former neoliberal establishment is a junior partner. The object of this shift is a regressive restructuring of the United States in a permanent war posture, resulting from the decline of U.S. hegemony and the instability of U.S. capitalism, plus the need of a more concentrated capitalist class to secure more centralized control of the state.

    In the Cold War years following the Second World War, the guardians of the liberal-democratic order within the academy and media sought to downplay the overriding role in the U.S. economy of the owners of industry and finance, who were supposedly displaced by the “managerial revolution” or limited by “countervailing power.” In this view, owners and managers, capital and labor, each constrained the other. Later, in a slightly more refined version of this general outlook, the concept of a hegemonic capitalist class under monopoly capitalism was dissolved into the more amorphous category of the “corporate rich.”2

    U.S. democracy, it was claimed, was the product of the interaction of pluralist groupings, or in some cases mediated by a power elite. There was no functional ruling class hegemonic in both the economic and political realms. Even if it could be argued that there was a dominant capitalist class in the economy, it did not rule the state, which was independent. This was conveyed in various ways by all of the archetypal works of the pluralist tradition, from James Burnham’s The Managerial Revolution (1941), to Joseph A. Schumpeter’s Capitalism, Socialism and Democracy (1942), to Robert Dahl’s Who Governs? (1961), to John Kenneth Galbraith’s The New Industrial State (1967), stretching from the conservative to the liberal ends of the spectrum.3 All of these treatises were designed to suggest that either pluralism or a managerial/technocratic elite prevailed in U.S. politics, not a capitalist class governing both the economic and political systems. In the pluralist view of actually existing democracy, first introduced by Schumpeter, politicians were simply political entrepreneurs competing for votes, much like economic entrepreneurs in the so-called free market, producing a system of “competitive leadership.”4

    In the promotion of the fiction that the United States, despite the vast power of the capitalist class, remained an authentic democracy, the received ideology was refined and bolstered by analyses from the left that sought to bring the power dimension back into the theory of the state, superseding the then dominant pluralist views of figures like Dahl, while at the same time rejecting the notion of a ruling class. The single most important work representing this shift was C. Wright Mills’s The Power Elite (1956), which argued that the “ruling class” conception, associated in particular with Marxism, should be replaced by the notion of a tripartite “power elite” in which the U.S. power structure was seen as dominated by elites coming from the corporate rich, the military top brass, and elected politicians. Mills famously referred to the notion of the ruling class as a “short-cut theory” that simply assumed that economic domination meant political domination. Challenging Karl Marx’s concept of the ruling class directly, Mills stated, “The American government is not, in any simple way nor as a structural fact, a committee of ‘the ruling class.’ It is a network of ‘committees,’ and other men from other hierarchies besides the corporate rich sit in these committees.”5

    Mills’s view on the ruling class and the power elite was challenged by radical theorists, particularly by Paul M. Sweezy in Monthly Review and initially by the work of G. William Domhoff in the first edition of his Who Rules America? (1967). But it eventually gained considerable influence on the broad left.6 As Domhoff was to argue in 1968, in C. Wright Mills and “The Power Elite, the concept of the power elite was commonly viewed as “the bridge between the Marxist and pluralist positions…. It is a necessary concept because not all national leaders are members of the upper class. In this sense, it is a modification and extension of the concept of a ‘ruling class.’”7

    The question of the ruling class and the state was at the center of the debate between Marxist theorists Ralph Miliband, author of The State in Capitalist Society (1969), and Nicos Poulantzas, author of Political Power and Social Classes (1968), representing the so-called “instrumentalist” and “structuralist” approaches to the state in capitalist society. The debate revolved around the “relative autonomy” of the state from the capitalist ruling class, an issue crucial to the prospects for a social democratic movement’s takeover of the state.8

    The debate took an extreme form in the United States with the appearance of Fred Block’s influential essay “The Ruling Class Does Not Rule” in Socialist Revolution in 1977, in which Block went so far as to argue that the capitalist class lacked the class consciousness necessary to translate its economic power into the rule of the state.9 Such a view, he argued, was necessary to make social democratic politics viable. Following Biden’s defeat of Trump in the 2020 election, Block’s original article was reprinted in Jacobin with a new epilogue by Block arguing that, given that the ruling class did not rule, Biden had the freedom to institute a working-class friendly politics along New Deal lines, which would prevent the reelection of a right-wing figure—one “with far greater skill and ruthlessness” than Trump—in 2024.10

    Given the contradictions of the Biden administration and the second coming of Trump, with thirteen billionaires now in his cabinet, the whole long debate on the ruling class and the state needs to be reexamined.11

    The Ruling Class and the State

    In the history of political theory from antiquity to the present, the state has classically been understood in relation to class. In ancient society and under feudalism, as distinguished from modern capitalist society, no clear distinction existed between civil society (or the economy) and the state. As Marx wrote in his Critique of Hegel’s Doctrine of the State in 1843, “the abstraction of the state as such was not born until the modern world because the abstraction of private life was not created until modern times. The abstraction of the political state is a modern product,” realized fully only under the rule of the bourgeoisie.12 This was later restated by Karl Polanyi in terms of the embedded nature of the economy in the ancient polis, and its disembedded character under capitalism, manifested in the separation of the public sphere of the state and the private sphere of the market.13 In Greek antiquity, in which social conditions had not yet generated such abstractions, there was no question that the ruling class governed the polis and created its laws. Aristotle in his Politics, as Ernest Barker wrote in The Political Thought of Plato and Aristotle, took the position that class rule ultimately explained the polis: “Tell me the class which is predominant, one might say, and I will tell you the constitution.”14

    Under the regime of capital, in contrast, the state is conceived as separate from civil society/the economy. In this respect, the question arises at all times as to whether the class that rules the economy—namely, the capitalist class—also rules the state.

    Marx’s own views on this were complex, never deviating from the notion that the state in capitalist society was ruled by the capitalist class, while recognizing varying historical conditions that modified this. On the one hand, he argued (together with Frederick Engels) in The Communist Manifesto that “The executive of the modern state is but a committee for managing the common affairs of the whole bourgeoisie.”15 This suggested that the state, or its executive branch, had a relative autonomy that went beyond individual capitalist interests but was nonetheless responsible for managing the general interests of the class. This might, as Marx indicated elsewhere, result in major reforms, such as the passage of ten-hour workday legislation in his time, which, although appearing to be a concession to the working class and opposed to capitalist interests, was necessary in order to ensure the future of capital accumulation itself by regulating the work force and ensuring the continuing reproduction of labor power.16 On the other hand, in The Eighteenth Brumaire of Louis Bonaparte, Marx pointed to quite different situations where the capitalist class did not rule the state directly, giving way to semi-autonomous rule, as long as this did not interfere with its economic ends and its command of the state in the last instance.17 He also recognized that the state might be dominated by one fraction of capital over another. In all of these respects, Marx emphasized the relative autonomy of the state from capitalist interests, which has been crucial to all Marxist theories of the state in capitalist society.

    It has long been understood that the capitalist class has numerous means of functioning as a ruling class via the state, even in the case of a liberal democratic order. On the one hand, this takes the form of fairly direct investiture in the political apparatus through various mechanisms, such as economic and political control of political party machines and the direct occupation by capitalists and their representatives of key posts in the political command structure. Capitalist interests in the United States today have the power to decisively affect elections. Moreover, capitalist power over the state extends far beyond elections. Control of the central bank, and thus of the money supply, interest rates, and the regulation of the financial system, is given over essentially to the banks themselves. On the other hand, the capitalist class controls the state indirectly through its vast external class-economic power, including direct financial pressures, lobbying, the financing of pressure groups and think tanks, the revolving door between the main actors in government and business, and control of the cultural and communications apparatus. No political regime in a capitalist system can survive unless it serves the interests of profit and capital accumulation, an ever-present reality facing all political actors.

    The complexity and ambiguity of the Marxist approach to the ruling class and the state was conveyed by Karl Kautsky in 1902, when he declared that “the capitalist class rules but it does not govern”; shortly after which he added that “it contents itself with ruling the government.”18As noted, it was precisely this issue of the relative autonomy of the state from the capitalist class that was to govern the famous debate between what came to be known as the instrumentalist versus structuralist theories of the state, represented respectively by Miliband in Britain and Poulantzas in France. Miliband’s views were very much determined by the demise of the British Labour Party as a genuine socialist party in the late 1950s, as depicted in his Parliamentary Socialism.19 This forced him to face up to the enormous power of the capitalist class as a ruling class. This was later taken up in his The State in Capitalist Society in 1969, in which he wrote that “whether it is…appropriate to speak of a ‘ruling class’ at all is one of the main themes of this study.” Indeed, “the most important of all questions raised by the existence of this dominant class is whether it also constitutes a ‘ruling class.’” The capitalist class, he sought to demonstrate, while “not, properly speaking, a ‘governing class’” in quite the same sense that the aristocracy had been, did indeed rule fairly directly (as well as indirectly) over capitalist society. It translated its economic power in various ways into political power to such an extent that for the working class to challenge the ruling class effectively, they would have to have to oppose the structure of the capitalist state itself.20

    It was here that Poulantzas, who had published his Political Power and Social Classes in 1968, came into conflict with Miliband. Poulantzas laid even greater stress on the relative autonomy of the state, seeing Miliband’s approach to the state as assuming too direct a rule by the capitalist class, even if it conformed closely to most works by Marx on the subject. Poulantzas emphasized that the capitalist rule of the state was more indirect and structural than direct and instrumental, allowing room for a greater variance of governments in class terms, including not only specific capitalist class fractions but also representatives of the working class itself. “The direct participation of members of the capitalist class in the State apparatus and in the government, even where it exists,” he wrote, “is not the important side of the matter. The relation between the bourgeois class and the State is an objective relation…. The direct participation of members of the ruling class in the State apparatus is not the cause but the effect…of this objective coincidence.”21 While such a statement may have seemed reasonable enough in the qualified terms in which it was expressed, it tended to remove the role of the ruling class as a class-conscious subject. Writing during the high point of Eurocommunism on the Continent, Poulantzas’s structuralism, with its emphasis on Bonapartism as pointing to a high degree of relative autonomy of the state, seemed to open the way to a conception of the state as an entity in which the capitalist class did not govern, even if the state ultimately was subject to objective forces stemming from capitalism.

    Such a view, Miliband countered, pointed either to a “super-deterministic” or economistic view of the state characteristic of “ultra-left deviationism” or to a “right-deviation” in the form of social democracy, which typically denied the existence of a ruling class outright.22 In either case, the reality of the capitalist ruling class and the various processes through which it exercised its rule, which the empirical research of Miliband and others had amply demonstrated, seemed to be short-circuited, no longer part of the development of a class struggle strategy from below. A decade later, in his 1978 work State, Power, Socialism, Poulantzas shifted his emphasis to arguing for parliamentary socialism and social democracy (or “democratic socialism”), insisting on the need to retain much of the existing state apparatus in any transition to socialism. This directly contradicted the emphases of Marx in The Civil War in France and V. I. Lenin in The State and Revolution on the need to replace the capitalist ruling-class state with a new political command structure emanating from below.23

    Influenced by Sweezy’s articles on “The American Ruling Class” and “Power Elite or Ruling Class?” in Monthly Review and by Mills’s The Power Elite, Domhoff in the first edition of his book, Who Rules America? in 1967, promoted an explicit class-based analysis but nonetheless indicated that he preferred the more neutral “governing class” to “ruling class” on the basis that “the notion ruling class” suggested a “Marxist view of history.”24 However, by the time he wrote The Powers That Be: Processes of Ruling Class Domination in America in 1978, Domhoff, influenced by the radical atmosphere of the time, had shifted to arguing that “a ruling class is a privileged social class which is able to maintain its top position in the social structure.” The power elite was redefined as the “leadership arm” of the ruling class.25 Yet, this explicit integration of the ruling class into Domhoff’s analysis was short-lived. In the subsequent editions of Who Rules America?, up through the eighth edition in 2022, he was to bend to liberal practicality and to drop the concept of the ruling class altogether. Instead, he followed Mills in lumping owners (“the upper social class”) and managers together in the category of the “corporate rich.”26 The power elite was seen as CEOs, boards of directors, and boards of trustees, overlapping in a Venn diagram with the upper social class (which also consisted of socialites and jet setters), the corporate community, and the policy-planning network. This constituted a perspective known as power-structure research. The notions of the capitalist class and the ruling class were no longer to be found.

    A more significant empirical and theoretical work than that offered by Domhoff, and in many ways more pertinent today, was written in 1962–1963 by the Soviet economist Stanislav Menshikov and translated into English in 1969 under the title Millionaires and Managers. Menshikov was part of an educational exchange of scientists between the Soviet Union and the United States in 1962. He visited with “the chairman of the board, president and vice-presidents of dozens of corporations and of 13 out of the 25 commercial banks” that had assets of a billion dollars or more. He met with Henry Ford II, Henry S. Morgan, and David Rockefeller, among others.27 Menshikov’s detailed empirical treatment of the financial control of corporations in the United States and of the ruling group or class provided a solid assessment of the continuing dominance of financial capitalists within the very rich. Through their hegemony over various financial groups, the financial oligarchy was differentiated from the mere high-level managers (chief executive officers) of the corporate financial bureaucracies. Although there was what could be called a “millionaire-manager bloc” in the sense of Mills’s “corporate rich,” and a division of labor within “the ruling class itself,” the “financial oligarchy, that is, the group of people whose economic power is based on the disposal of colossal masses of fictitious capital…[and] which is the foundation of all the main financial groups,” and not the corporate executives as such, ruled the roost. Moreover, the relative power of the financial oligarchy continued to grow, rather than diminish.28 As in Sweezy’s analysis of “Interest Groups in the American Economy,” written for the National Resource Committee’s Structure of the American Economy during the New Deal, Menshikov’s detailed analysis of corporate groups in the U.S. economy captured the continuing family-dynastic basis of much of U.S. wealth.29

    The U.S. financial oligarchy constituted a ruling class, but one that generally did not rule directly or free from interference. The “economic domination of the financial oligarchy,” Menshikov wrote,

    is not tantamount to its political domination. But the latter without the former cannot be sufficiently strong, while the former without the latter shows that the coalescence of the monopolies and the state machine has not gone far enough. But even in the United States where both these prerequisites are available, where the machine of government has served the monopolies for decades and domination of the latter in the economy is beyond doubt, the political power of the financial oligarchy is constantly threatened by restrictions on the part of other classes of society, and at times is actually restricted. But the general tendency is for the economic power of the financial oligarchy to be gradually transformed into political power.30

    The financial oligarchy, Menshikov argued, had as its junior allies in its political rule of the state: corporate managers; the top brass of the military; professional politicians, who had internalized the inner necessities of the capitalist system; and the white elite who dominated the system of racial segregation in the South.31 But the financial oligarchy itself was the increasingly dominant force. “The striving of the financial oligarchy for direct administration of the state is one of the most characteristic tendencies of American imperialism in recent decades,” resulting from its growing economic power and the needs that this generated. Nevertheless, this was not a smooth process. The finance capitalists in the United States do not act “unitedly” and are themselves divided into competing factions, while hindered in their attempts to control the state by the very complexities of the U.S. political system, in which diverse actors play a part.32 “It would seem,” Menshikov wrote,

    that now the political power of the financial oligarchy should be fully guaranteed, but this is not the case. The machine of a contemporary capitalist state is big and cumbersome. Capture of positions in one part does not ensure control over the entire mechanism. The financial oligarchy owns the propaganda machine, is able to bribe politicians and government officials in the centre and the periphery [of the country], but it cannot bribe the people who, notwithstanding all the restrictions of bourgeois “democracy,” elect the legislature. The people do not have much of a choice, but without formally abolishing democratic procedures, the financial oligarchy cannot fully guarantee itself against undesirable “accidents.”33

    However, Menshikov’s extraordinary work, Millionaires and Managers, published in the Soviet Union, had no influence on the discussion of the ruling class in the United States. The general tendency, reflected in Domhoff’s shifts (and in Europe by Poulantzas’s shifts), downplayed the whole idea of a ruling class and even a capitalist class, replaced by the concepts of the corporate rich and the power elite, producing what was essentially a form of elite theory.

    The rejection of the concept of the ruling class (or even of a governing class) in Domhoff’s later work coincided with the publication of Block’s “The Ruling Class Does Not Rule,” which played a significant role in radical thought in the United States. Writing at a time when Jimmy Carter’s election as president seemed to liberals and social democrats to present the picture of a leadership that was distinctly more moral and progressive in character, Block argued that there was no such thing as a ruling class with decisive power over the political sphere in the United States and in capitalism in general. He attributed this to the fact that not only the capitalist class, but also separate “fractions” of the capitalist class (here opposing Poulantzas) lacked class consciousness and therefore were incapable of acting in their own interests in the political sphere, much less governing the body politic. Instead, he adopted a “structuralist” approach based in Max Weber’s notion of rationalization, in which the state rationalized the roles of three competing actors: (1) capitalists, (2) state managers, and (3) the working class. The relative autonomy of the state in capitalist society was a function of its role as a neutral arbiter in which various forces impinged but none ruled.34

    Attacking those who argued that the capitalist class had a dominant role within the state, Block wrote, “the way to formulate a critique of instrumentalism that does not collapse, is to reject the idea of a class-conscious ruling class,” since a class-conscious capitalist class would strive to rule. While he noted that Marx utilized the notion of a class-conscious ruling class, this was discounted as merely a “political shorthand” for structural determinations.

    Block made it clear that when radicals like himself choose to criticize the notion of a ruling class, they “usually do so in order to justify reformist socialist politics.” In this spirit, he insisted that the capitalist class did not intentionally, in a class-conscious manner, rule the state either through internal or external means. Rather, the structural limitation of “business confidence,” as exemplified by the ups and downs of the stock market, ensured that the political system remained in equilibrium with the economy, requiring that political actors adopt rational means to ensure economic stability. The rationalization of capitalism by the state, in Block’s “structuralist” view thus opened the way for a social democratic politics of the state.35

    What is clear is that by the late 1970s, Western Marxist thinkers had abandoned the notion of a ruling class almost entirely, conceiving of the state as not only relatively autonomous, but in fact largely autonomous from the class power of capital. This was part of a general “retreat from class.”36 In Britain, Geoff Hodgson wrote in his The Democratic Economy: A New Look at Planning, Markets and Power in 1984, that “the very idea of a class ‘ruling’ should be challenged. At the very most it is a weak and misleading metaphor. It is possible to talk of a class being dominant in a society, but only by virtue of the dominance of a particular type of economic structure. To say that a class ‘rules’ is to say much more. It is to imply it is somehow implanted into the apparatus of government.” It was crucial, he stated, to abandon the Marxist notion that associated “different modes of production with different ‘ruling classes.’”37 Like the later Poulantzas and Block, Hodgson adopted a social democratic position that saw no ultimate contradiction between parliamentary democracy as it had arisen within capitalism and the transition to socialism.

    Neoliberalism and the U.S. Ruling Class

    If there was a broad abandonment of the notion of the ruling class in Western Marxism in the late 1960s and ’70s, not all thinkers fell into line. Sweezy continued to argue in Monthly Reviewthat the United States was dominated by a ruling capitalist class. Thus, Paul A. Baran and Sweezy explained in Monopoly Capital in 1966 that “a tiny oligarchy resting on vast economic power” is “in full control of society’s political and cultural apparatus” making the notion of the United States as an authentic democracy misleading at best.38

    Except in times of crisis, the normal political system of capitalism, whether competitive or monopolistic, is bourgeois democracy. Votes are the nominal source of political power, and money is the real source: the system, in other words, is democratic in form and plutocratic in content. This is by now so well recognized that it hardly seems necessary to argue the case. Suffice it to say that all the political activities and functions which may be said to constitute the essential characteristics of the system—indoctrinating and propagandizing the voting public, organizing and maintaining political parties, running electoral campaigns—can be carried out only by means of money, lots of money. And since in monopoly capitalism the big corporations are the source of big money, they are also the main sources of political power.39

    For Baran and Sweezy, writing in what has been called “the golden age of capitalism,” the power of the ruling-class domination of the state was demonstrated by the limits placed on the expansion of civilian government spending (generally opposed by capital as interfering with private accumulation), allowing for gargantuan military spending and vast subsidies to big business.40 Far from exhibiting features of Weberian rationality, the “irrational system” of monopoly capitalism, they argued, was beset by problems of overaccumulation manifested in the inability to absorb surplus capital, which could no longer find profitable investment outlets, pointing to economic stagnation as the “normal state” of monopoly capitalism.41

    Within a few years of the publication of Monopoly Capital, in the early to mid-1970s, the U.S. economy entered into a deep stagnation from which it has been unable fully to recover in the half-century that has followed, with economic growth rates sliding decade after decade. This constituted a structural crisis of capital as a whole—a contradiction present in all of the core capitalist countries. This long-run crisis of capital accumulation resulted in the top-down neoliberal restructuring of the economy and state at every level, instituting regressive policies designed to stabilize capitalist rule, which eventually led to deindustrialization and deunionization in the capitalist core and the globalization and financialization of the world economy.42

    In August 1971, Lewis F. Powell, only months before accepting President Richard Nixon’s nomination to the U.S. Supreme Court, wrote his notorious memo to the U.S. Chamber of Commerce aimed at organizing the United States in a neoliberal crusade against workers and the left, attributing to them the weakening of the U.S. “free enterprise” system.43 Hence, at the very same time as the left was dropping the notion of a class-conscious U.S. ruling class, the U.S. oligarchy was reasserting its power over the state, leading to a political-economic restructuring under neoliberalism that encompassed both the Republican and Democratic parties. This was marked in the 1980s by the institution of supply-side economics or Reaganomics, colloquially known as “Robin Hood in reverse.”44

    Writing in The Affluent Society in 1958, Galbraith had stated: “The American well-to-do have long been curiously sensitive to fear of expropriation—a fear which may be related to the tendency for even the mildest reformist measures to be viewed, in the conservative conventional wisdom, as the portents of revolution. The depression and especially the New Deal gave the American rich a serious fright.”45 The neoliberal era and the reemergence of economic stagnation, accompanied by the resurrection of such fears at the top, led to a stronger assertion of ruling-class power over the state at every level aimed at reversing working-class advances made during the New Deal and the Great Society, which were wrongly blamed for the structural crisis of capital.

    With deepening stagnation of investment and of the economy as a whole and with military spending no longer sufficient to lift the system out of its doldrums as in the so-called “golden age,” which had been punctuated by two major regional wars in Asia, capital needed to find additional outlets for its enormous surplus. Under the new phase of monopoly-finance capital, this surplus flowed into the financial sector, or FIRE (finance, insurance, and real estate), and into asset accumulation made possible by government deregulation of finance, the lowering of interest rates (the famous “Greenspan put”), and the reduction of taxes on the rich and corporations. This led to the creation of a new financial superstructure on top of the productive economy, with finance growing rapidly alongside the stagnation of production. This was made possible in part by the expropriation of income flows throughout the economy via increases in household debt, insurance costs, and health care costs, along with reductions in pensions—all at the expense of the underlying population.46

    Meanwhile, there was a massive corporate shift of production to the Global South in search of lower unit labor costs in a process known as the global labor arbitrage. This was made possible by new communications and transportation technology and by globalization’s opening up whole new sectors of the world economy. The result was the deindustrialization of the U.S. economy.47 All of this coincided in the 1990s with the vast growth of high-tech capital accompanying the digitalization of the economy and the generation of new high-tech monopolies. The cumulative effect of these developments was a vast increase in the concentration and centralization of capital, finance, and wealth. Even as the economy was more and more characterized by slow growth, the fortunes of the rich expanded by leaps and bounds: the rich got richer and the poor got poorer while the U.S. economy stagnated its way into the twenty-first century beset with contradictions. The depth of the structural crisis of capital was disguised temporarily by globalization, financialization, and the brief emergence of a unipolar world, all of which was punctured by the Great Financial Crisis of 2007–2009.48

    As the monopoly-capitalist economy in the capitalist core became increasingly dependent on financial expansion, inflating financial claims to wealth in the context of stagnant production, the system became not only more unequal, but also more fragile. Financial markets are inherently unstable, dependent as they are on the vicissitudes of the credit cycle. Moreover, as the financial sector came to dwarf production, which continued to stagnate, the economy was subject to greater and greater levels of risk. This was compensated for by increased bloodletting of the population as a whole and massive state financial infusions to capital frequently organized by the central banks.49

    There is no visible way out of this cycle within the monopoly-capitalist system. The more the financial superstructure grows relative to the underlying production system (or the real economy) and the longer periods of upward swings in the business-financial cycle, the more devastating the crises that follow are likely to be. In the twenty-first century, the United States has experienced three periods of financial meltdown/recession, with the collapse of the technology boom in 2000, the Great Financial Crisis/Great Recession arising from the bursting of the household mortgage bubble in 2007–2009, and the deep recession sparked by the COVID-19 pandemic in 2020.

    The Neofascist Turn

    The Great Financial Crisis had lasting effects on the U.S. financial oligarchy and the entire body politic, leading to significant transformations in the matrices of power in the society. The speed with which the financial system appeared to be headed towards a “nuclear meltdown,” following the collapse of Lehman Brothers in September 2008, had the capitalist oligarchy and much of the society in a state of shock, with the crisis quickly spreading around the world. The Lehman Brothers collapse, which was the most dramatic event in a financial crisis that had already been developing for a year, was brought on by the refusal of the government as the lender of last resort to bail out what was then the fourth-largest U.S. investment bank. This was due to the George W. Bush administration’s concern over what conservatives called the “moral hazard” that could result if large corporations took on highly risky investments with the expectation of being rescued by government bailouts. However, with the whole financial system teetering following the Lehman Brothers collapse, a massive and unprecedented government rescue attempt to safeguard capital assets was organized primarily by the Federal Reserve Board. This included the institution of “quantitative easing,” or what was effectively the printing of money to stabilize financial capital, resulting in trillions of dollars being injected into the corporate sector.

    Within establishment economics, the open acknowledgment of decades of secular stagnation, which had long been analyzed on the left by Marxist economists (and Monthly Review editors) Harry Magdoff and Sweezy, finally surfaced within the mainstream, along with the recognition of Hyman Minsky’s financial instability theory of crisis. The weak prospects for the U.S. economy, pointing to continuing stagnation and financialization, were recognized by orthodox as well as radical economic analysts.50

    Most frightening of all to the U.S. capitalist class during the Great Financial Crisis was the fact that, while the U.S. economy and the economies of Europe and Japan had descended into a deep recession, the Chinese economy had barely stalled and then powered itself up again to near double-digit growth. The writing on the wall was clear from that point on: U.S. economic hegemony in the world economy was rapidly disappearing in line with China’s seemingly unstoppable advance, threatening the hegemony of the dollar and the imperial power of U.S. monopoly-finance capital.51

    The Great Recession, although leading to the election of Democrat Barack Obama as president, saw the sudden eruption of a political movement on the radical right based primarily in the lower-middle class that opposed bailouts of home mortgages, seeing this as benefiting the upper-middle class above and the working class below. Conservative talk radio, catering to its white lower-middle class audience, had from the start opposed all government bailouts in the crisis.52 However, what came to be known as the radical-right Tea Party movement was sparked on February 19, 2009, when Rick Santelli, a commentator on the business network CNBC, went on a tirade on how the Obama administration’s plan for home mortgage bailouts was a socialist plan (which he compared to the Cuban government) to force people to pay for their neighbors’ bad home purchases and upscale houses, violating free market principles. In his rant, Santelli mentioned the Boston Tea Party, and within days Tea Party groups were being organized in different parts of the country.53

    The Tea Party initially represented a libertarian tendency that was bankrolled by big capital, particularly the big oil interests represented by brothers David and Charles Koch—each then in the top ten billionaires in United States—along with what is known as the Koch network of wealthy individuals largely associated with private equity. The 2010 U.S. Supreme Court decision Citizens United v. Federal Election Commission removed most restrictions on the funding of political candidates by the wealthy and corporations, allowing dark money to dominate U.S. politics as never before. Eighty-seven Republican Tea Party members were swept into the U.S. House of Representatives, mostly from gerrymandered districts where Democrats were virtually absent. Marco Rubio, a Tea Party favorite, was elected to the U.S. Senate from Florida. It soon became apparent that the role of the Tea Party was not to initiate new programs but to prevent the federal government from functioning at all. Its biggest achievement was the Budget Control Act of 2011, which introduced caps and sequestrations designed to prevent increases in federal spending benefiting the population as a whole (as opposed to subsides to capital and military spending in support of empire), and which produced the largely symbolic government shutdown of 2013. The Tea Party also introduced the racist conspiracy theory (known as birtherism) that Obama was a foreign-born Muslim.54

    The Tea Party, which was less of a grassroots movement than a conservative media-based manipulation, nonetheless demonstrated that a historical moment had arisen in which it was possible for the sections of monopoly-finance capital to mobilize the overwhelmingly white lower-middle class, which had suffered under neoliberalism and was the most nationalist, racist, sexist, and revanchist section of the U.S. population based on its own innate ideology. This stratum was what Mills had referred to as “the rearguarders” of the system.55 Consisting of lower-level managers, small business owners, rural small landowners, white evangelical Christians, and the like, the lower-middle class/stratum in capitalist society occupies a contradictory class location.56 With incomes generally well above the median level for society, the lower-middle class is above the working-class majority and generally below the upper-middle class or professional-managerial stratum, with lower levels of education and often identifying with representatives of big capital. It is characterized by the “fear of falling” into the working class.57 Historically, fascist regimes arise when the capitalist class feels particularly threatened and when liberal democracy is unable to address the fundamental political-economic and imperial contradictions of the society. These movements rely on the ruling-class mobilization of the lower-middle class (or the petty bourgeoisie) along with some of the more privileged sectors of the working class.58

    By 2013, the Tea Party was waning but continued to retain considerable power in Washington in the form of the House Freedom Caucus established in 2015.59 But by 2016, it was to metamorphose into Trump’s Make America Great Again (MAGA) movement as a full-fledged neofascist political formation based on a close alliance between sections of the U.S. ruling class and a mobilized lower-middle class, resulting in Trump’s victories in the 2016 and 2024 elections. Trump chose Tea Party member and Koch-supported radical-right politician Mike Pence from Indiana as his running mate in 2016.60 In 2025, Trump was to make Tea Party hero Rubio Secretary of State. Speaking of the Tea Party, Trump declared: “Those people are still there. They haven’t changed their views. The Tea Party still exists—except now it’s called Make America Great Again.”61

    Trump’s MAGA political bloc no longer preached fiscal conservatism, which for the right had been a mere means of undermining liberal democracy. Nevertheless, the MAGA movement retained its revanchist, racist, and misogynist ideology geared to the lower-middle class, along with an extreme nationalist and militarist foreign policy similar to that of the Democrats. The singular enemy defining Trump’s foreign policy was a rising China. MAGA neofascism saw the reemergence of the leader principle in which the leader’s actions are considered inviolable. This was coupled with increased ruling-class control, via its most reactionary factions, of the government. In classical fascism in Italy and Germany, privatization of governmental institutions (a notion developed under the Nazis) was associated with an increase in the coercive functions of the state and an intensification of militarism and imperialism.62 In line with this overall logic, neoliberalism formed the basis for the emergence of neofascism, and a kind of cooperation ensued, in the manner of “warring brothers,” leading in the end to an uneasy neofascist-neoliberal alliance dominating the state and the media, rooted in the highest echelons of the monopoly-capitalist class.63

    Today, direct rule by a powerful section of the ruling class in the United States can no longer be denied. The family-dynastic basis of wealth in the advanced capitalist countries, despite new entrants to the billionaire club, has been demonstrated in recent economic analyses, notably Thomas Piketty’s Capital in the Twenty-First Century.64 Those who argued that the system was run by a managerial elite or by an amalgam of the corporate rich, in which those accumulating the great fortunes, their families, and networks remained in the background and the capitalist class did not and could not have a strong hold on the state, have all been shown to be wrong. The reality today is less one of class struggle than class war. As billionaire Warren Buffett stated, “There’s class warfare, all right, but it’s my class, the rich class, that’s making war, and we’re winning.”65

    The centralization of the global surplus in the U.S. monopoly-capitalist class has now created a financial oligarchy like no other, and the oligarchs need the state. This is above all true of the high-tech sector, which is deeply dependent on U.S. military spending and military-based technology both for its profits and for its own technological ascendance. Trump’s support has come mainly from billionaires who have gone private (not basing their wealth in public corporations listed on the stock exchange and subject to government regulation) and by private equity in general.66 Among the biggest disclosed bankrollers of his 2024 campaign were Tim Mellon (the grandson of Andrew Mellon, and heir to the Mellon banking fortune); Ike Perlmutter, former chair of Marvel Entertainment; billionaire Peter Thiel, cofounder of PayPal and owner of Palantir, a CIA-backed surveillance and data mining company (U.S. Vice President JD Vance is a protégé of Thiel); Marc Andreessen and Ben Horowitz, two of the leading figures in Silicon Valley finance; Miriam Adelson, wife of the deceased casino billionaire Sheldon Adelson; shipping magnate Richard Uihlein, an heir of the Uihlein brewing—Schlitz beer—fortune; and Elon Musk, the world’s richest man, owner of Tesla, X, and SpaceX, who provided over a quarter of a billion dollars to the Trump campaign. The dominance of dark money, exceeding all previous elections, makes it impossible to trace the full list of billionaires supporting Trump. Nevertheless, it is clear that tech oligarchs were at the center of his support.67

    Here it is important to note that Trump’s backing in the capitalist class and among the tech-financial oligarchs was not principally from the original Big Six tech monopolies—Apple, Amazon, Alphabet (Google), Meta (Facebook), Microsoft, and (more recently) the AI technology leader Nvidia. Instead, he was mainly the beneficiary of Silicon Valley high tech, private equity, and big oil. Although a billionaire, Trump is a mere agent of the political-economic transformation in ruling-class rule taking place behind the veil of a national-populist grassroots movement. As Scottish journalist and economist and former Scottish National Party Member of Parliament George Kerevan has written, Trump is a “demagogue but still only a cypher for real class forces.”68

    The Biden administration primarily represented the interests of neoliberal sections of the capitalist class, even if making some temporary concessions to the working class and poor. Prior to his election he had pledged to Wall Street that “nothing fundamentally would change” if he were to become president.69 It therefore was deeply ironic that Biden warned in his farewell address to the country in January 2025: “Today, an oligarchy is taking shape in America of extreme wealth, power and influence that literally threatens our entire democracy, our basic rights and freedoms, and a fair shot for everyone to get ahead.” This “oligarchy,” Biden went on to declare, was rooted not only in “the concentration of power and wealth” but in “the potential rise of a tech-industrial complex.” The foundations of this potential tech-industrial complex feeding the new oligarchy, he claimed, was the rise of “dark money” and uncontrolled AI. Recognizing that the U.S. Supreme Court had become a stronghold of oligarchic control, Biden proposed an eighteen-year term limit for U.S. Supreme Court justices. No sitting U.S. president since Franklin D. Roosevelt has so strongly raised the question of direct ruling-class control of the U.S. government—but in Biden’s case, this was at the moment of his departure from the White House.70

    Biden’s comments, though perhaps easy to discount on the basis that oligarchic control of the state is not new in the United States, were no doubt induced by a sense of a major shift taking place in the U.S. state with a neofascist takeover. Vice President Kamala Harris had openly described Trump as a “fascist” during her campaign for president.71 More was involved here than political maneuvering and the usual revolving door between the Democratic and Republican parties in the U.S. political duopoly. In 2021, Forbes magazine estimated the net assets of the members of Biden’s cabinet at $118 million.72 In contrast, Trump’s top officials encompass thirteen billionaires, with a total net worth, according to Public Citizen, of as much as $460 billion, including Elon Musk with a wealth of $400 billion. Even without Musk, Trump’s billionaire cabinet has tens of billions of dollars in assets, compared to the $3.2 billion in assets of his previous administration.73

    In 2016, as Doug Henwood noted, major U.S. capitalists viewed Trump with some suspicion; in 2025 the Trump administration is a regime of billionaires. Trump’s radical right politics has led to the direct occupation of government posts by figures out of the Forbes 400 richest Americans with the aim of overhauling the entire U.S. political system. The world’s three wealthiest men stood on the crowded dais with Trump during his 2025 inauguration. Rather than representing a more effective leadership on the part of the ruling class, Henwood sees such developments as a sign of its internal “rot.”74

    In the addendum that Block wrote to his article “The Ruling Class Does Not Rule” when it was reprinted by Jacobin in 2020, he pictured Biden as a largely autonomous political agent in the U.S. system. Block contended that unless Biden instituted a social democratic politics aimed at benefiting the working class—something Biden had already promised Wall Street he would not do—then someone worse than Trump would emerge victorious in the 2024 election.75However, politicians are not free agents in a capitalist society. Nor are they responsible mainly to voters. As the adage goes, “he who pays the piper calls the tune.” Prevented by their big donors from moving even slightly to the left in the election, the Democrats, fielding Biden’s vice president Harris as their presidential candidate, lost as millions of working-class voters who had voted for Biden in the previous election and had been abandoned by his administration abandoned the Democrats in turn. Rather than supporting Trump, former Democratic voters chose in the main to join the biggest political party in the United States: The Party of Nonvoters.76

    What has emerged is something indeed worse than mere repetition of Trump’s earlier term as president. Trump’s demagogic MAGA regime now has become a largely undisguised case of ruling-class political rule supported by the mobilization of a primarily lower-middle class revanchist movement, forming a right-wing neofascist state with a leader who has proven he can act with impunity and who has shown himself able to cross previous constitutional barriers: a true imperial presidency. Trump and Vance have strong ties to the Heritage Foundation and its reactionary Project 2025, which is part of the new MAGA agenda.77 The question now is how far this political transformation on the right can go, and whether it will be institutionalized in the present order, all of which depends on the ruling class/MAGA alliance, on the one hand, and the Gramscian struggle for hegemony from below, on the other.

    Western Marxism and the Western left in general has long abandoned the notion of a ruling class, believing that it was too “dogmatic” sounding or constituted a “short-cut” to the analysis of the power elite. Such views, while conforming to the kinds of intellectual fine points and needle threading characteristic of the mainstream academic world, inculcated a lack of realism that was debilitating in terms of understanding the necessities of struggle in an age of the structural crisis of capital.

    In a 2022 article entitled “The U.S. Has a Ruling Class and Americans Must Stand Up to It,” Sanders pointed out that,

    The most important economic and political issues facing this country are the extraordinary levels of income and wealth inequality, the rapidly growing concentration of ownership…and the evolution of this country into oligarchy.…

    We now have more income and wealth inequality than at any time in the last hundred years. In the year 2022, three multibillionaires own more wealth than the bottom half of American society—160 million Americans. Today, 45% of all new income goes to the top 1%, and CEOs of large corporations make a record-breaking 350 times what their workers earn.…

    In terms of political power, the situation is the same. A small number of billionaires and CEOs, through their Super Pacs, dark money and campaign contributions, play a huge role in determining who gets elected and who gets defeated. There are now an increasing number of campaigns in which Super Pacs actually spend more money on campaigns than the candidates, who become the puppets to their big money puppeteers. In the 2022 Democratic primaries, billionaires spent tens of millions trying to defeat progressive candidates who were standing up for working families.78

    In response to the 2024 presidential election, Sanders argued that a Democratic Party apparatus that has spent billions in perpetrating “an all-out war against the entire Palestinian people” while abandoning the U.S. working class has seen the working class reject it in favor of the Party of Nonvoters. One hundred and fifty billionaire families, he reported, spent nearly $2 billion to influence the 2024 U.S. elections. This has placed an open ruling-class oligarchy in power in the federal government that no longer even pretends to represent the interests of all. In fighting these tendencies, Sanders stated, “Despair is not an option. We are fighting not only for ourselves. We are fighting for our kids and future generations, and for the well-being of the planet.”79

    But how to fight? Faced with the reality of a labor aristocracy among the more privileged workers in the core monopoly-capitalist states who aligned themselves with imperialism, Lenin’s solution was to go deeper into the working class while also going wider, basing the struggle on those in every country of the world who have nothing to lose but their chains and who are opposed to the present imperialist monopoly.80 Ultimately, the constituency of Trump’s neofascist ruling-class state is 0.0001% thin, constituting that portion of the U.S. body politic that his billionaire cabinet can reasonably be said to represent.81

    Notes

    1. “Full Transcript of President Biden’s Farewell Address, New York Times, January 15, 2025; Bernie Sanders, “The US Has a Ruling Class—And Americans Must Stand Up to It,” Guardian, September 2, 2022.
    2. James Burnham, The Managerial Revolution (London: Putnam and Co., 1941); John Kenneth Galbraith, American Capitalism: The Concept of Countervailing Power (Cambridge, Massachusetts: Riverside Press, 1952); C. Wright Mills, The Power Elite (Oxford: Oxford University Press, 1956), 147–70.
    3. Joseph A. Schumpeter, Capitalism, Socialism and Democracy (New York: Harper Brothers, 1942), 269–88; Robert Dahl, Who Governs?: Democracy and Power in an American City (New Haven: Yale, 1961); John Kenneth Galbraith, The New Industrial State (New York: New American Library, 1967, 1971).
    4. C. B. Macpherson, The Life and Times of Liberal Democracy (Oxford: Oxford University Press, 1977), 77–92.
    5. Mills, The Power Elite, 170, 277.
    6. Paul M. Sweezy, Modern Capitalism and Other Essays (New York: Monthly Review Press, 1972), 92–109; G. William Domhoff, Who Rules America? (Englewood Cliffs, New Jersey: Prentice-Hall, 1st edition, 1967), 7–8, 141–42.
    7. G. William Domhoff, “The Power Elite and Its Critics,” in C. Wright Mills and The Power Elite, eds. G. William Domhoff and Hoyt B. Ballard (Boston: Beacon Press, 1968), 276.
    8. Nicos Poulantzas, Political Power and Social Classes (London: Verso, 1975); Ralph Miliband, The State in Capitalist Society (London: Quartet Books, 1969).
    9. Fred Block, “The Ruling Class Does Not Rule: Notes on the Marxist Theory of the State,” Socialist Revolution, no. 33 (May–June 1977): 6–28. In 1978, the year after the publication of Block’s article, the title of Socialist Revolution was changed to Socialist Review, reflecting the journal’s explicit shift to a social-democratic political view.
    10. Fred Block, “The Ruling Class Does Not Rule,” 2020 reprint with epilogue, Jacobin, April 24, 2020.
    11. Peter Charalambous, Laura Romeo, and Soo Rin Kim, “Trump Has Tapped an Unprecedented 13 Billionaires for His Administration. Here’s Who They Are,” ABC News, December 17, 2024.
    12. Karl Marx, Early Writings (London: Penguin, 1974), 90.
    13. Karl Polanyi, “Aristotle Discovers the Economy,” in Trade and Market in the Early Empires: Economies in History and Theory, eds. Karl Polanyi, Conrad M. Arensberg, and Harry W. Pearson (Glencoe, Illinois: The Free Press, 1957), 64–96.
    14. Ernest Barker, The Political Thought of Plato and Aristotle (New York: Russell and Russell, 1959), 317; John Hoffman, “The Problem of the Ruling Class in Classical Marxist Theory,” Science and Society 50, no. 3 (Fall 1986): 342–63.
    15. Karl Marx and Friedrich Engels, The Communist Manifesto (New York: Monthly Review Press, 1964), 5.
    16. Karl Marx, Capital, vol. 1 (London: Penguin, 1976), 333–38, 393–98.
    17. Karl Marx, The Eighteenth Brumaire of Louis Bonaparte (New York: International Publishers, 1963).
    18. Karl Kautsky quoted in Miliband, The State in Capitalist Society, 51.
    19. Ralph Miliband, Parliamentary Socialism: A Study in the Politics of Labor (New York: Monthly Review Press, 1961).
    20. Miliband, The State in Capitalist Society, 16, 29, 45, 51–52, 55.
    21. Nicos Poulantzas, “The Problem of the Capitalist State,” in Ideology in Social Science: Readings in Critical Social Theory, ed. Robin Blackburn (New York: Vintage, 1973), 245.
    22. Ralph Miliband, “Reply to Nicos Poulantzas,” in Ideology in Social Science, ed. Blackburn, 259–60.
    23. Nicos Poulantzas, State, Power, Socialism (London: New Left Books, 1978); Karl Marx and Frederick Engels, Writings on the Paris Commune (New York: Monthly Review Press, 1971); V. I. Lenin, Collected Works (Moscow: Progress Publishers, n.d.), vol. 25, 345–539. On Poulantzas’s shift to social democracy, see Ellen Meiksins Wood, The Retreat from Class (London: Verso, 1998), 43–46.
    24. Domhoff, Who Rules America? (1967 edition), 1–2, 3; Paul M. Sweezy, The Present as History(New York: Monthly Review Press, 1953), 120–38.
    25. G. William Domhoff, The Powers That Be: Processes of Ruling-Class Domination in America(New York: Vintage, 1978), 14.
    26. G. William Domhoff, Who Rules America? (London: Routledge, 8th edition, 2022), 85–87. In the 1967 edition of his book, Domhoff had critically remarked on Mills’s lumping of the very rich (the owners) and the managers together in the category of the corporate rich, thereby erasing crucial questions. Domhoff, Who Rules America? (1967 edition), 141. On the concept of liberal practicality see C. Wright Mills, The Sociological Imagination” (New York: Oxford, 1959), 85–86; John Bellamy Foster, “Liberal Practicality and the U.S. Left,” in Socialist Register 1990: The Retreat of the Intellectuals, eds. Ralph Miliband, Leo Panitch, and John Saville (London: Merlin Press, 1990), 265–89.
    27. Stanislav Menshikov, Millionaires and Managers (Moscow: Progress Publishers, 1969), 5–6.
    28. Menshikov, Millionaires and Managers, 7, 321.
    29. Sweezy, The Present as History, 158–88.
    30. Menshikov, Millionaires and Managers, 322.
    31. Menshikov, Millionaires and Managers, 324–25.
    32. Menshikov, Millionaires and Managers, 325, 327.
    33. Menshikov, Millionaires and Managers, 323–24.
    34. Block, “The Ruling Class Does Not Rule,” 6–8, 10, 15, 23; Max Weber, Economy and Society, vol. 2 (Berkeley: University of California Press, 1978), 1375–80.
    35. Block, “The Ruling Class Does Not Rule,” 9–10, 28.
    36. Wood, The Retreat from Class.
    37. Geoff Hodgson, The Democratic Economy: A New Look at Planning, Markets and Power(London: Penguin, 1984), 196.
    38. Paul A. Baran and Paul M. Sweezy, Monopoly Capital (New York: Monthly Review Press, 1966), 339.
    39. Baran and Sweezy, Monopoly Capital, 155.
    40. On the golden age of capitalism, see Eric Hobsbawm, The Age of Extremes (New York: Vintage, 1996), 257–86; Michael Perelman, Railroading Economics: The Creation of the Free Market Mythology (New York: Monthly Review Press, 2006), 175–98.
    41. Baran and Sweezy, Monopoly Capital, 108, 336.
    42. On economic stagnation, financialization, and restructuring, see Harry Magdoff and Paul M. Sweezy, Stagnation and the Financial Explosion (New York: Monthly Review Press, 1986); Joyce Kolko, Restructuring World Economy (New York: Pantheon, 1988); John Bellamy Foster and Robert W. McChesney, The Endless Crisis (New York: Monthly Review Press, 2012).
    43. Lewis F. Powell, “Confidential Memorandum: Attack on the American Free Enterprise System,” August 23, 1971, Greenpeace, greenpeace.org; John Nichols and Robert W. McChesney, Dollarocracy: How the Money and Media Election Complex Is Destroying America(New York: Nation Books, 2013), 68–84.
    44. Robert Frank, “‘Robin Hood in Reverse’: The History of a Phrase,” CNBC, August 7, 2012.
    45. John Kenneth Galbraith, The Affluent Society (New York: New American Library, 1958), 78–79.
    46. See Fred Magdoff and John Bellamy Foster, The Great Financial Crisis (New York: Monthly Review Press, 2009).
    47. John Smith, Imperialism in the Twenty-First Century (New York: Monthly Review Press, 2016); Intan Suwandi, Value Chains: The New Economic Imperialism (New York: Monthly Review Press, 2019). The application of financialized criteria to corporations fed the merger waves of the 1980s and ’90s, with all sorts of hostile takeovers of “underperforming” or “undervalued” companies frequently leading to the company being cannibalized and their parts sold to the highest bidder. See Perelman, Railroading Economics, 187–96.
    48. István Mészáros, The Structural Crisis of Capital (New York: Monthly Review Press, 2010).
    49. See Fred Magdoff and John Bellamy Foster, “Grand Theft Capital: The Increasing Exploitation and Robbery of the U.S. Working Class,” Monthly Review 75, no. 1 (May 2023): 1–22.
    50. See John Cassidy, How Markets Fail: The Logic of Economic Calamities (New York: Farrar, Straus, and Giroux, 2009); James K. Galbraith, The End of Normal (New York: Simon and Schuster, 2015); Foster and McChesney, The Endless Crisis; Hans G. Despain, “Secular Stagnation: Mainstream Versus Marxian Traditions,” Monthly Review 67, no. 4 (September 2015): 39–55.
    51. John Bellamy Foster and Brett Clark, “Imperialism in the Indo-Pacific,” Monthly Review 76, no. 3 (July–August 2024): 6–13.
    52. Matthew Bigg, “Conservative Talk Radio Rails against Bailout,” Reuters, September 26, 2008.
    53. Geoff Kabaservice, “The Forever Grievance: Conservatives Have Traded Periodic Revolts for a Permanent Revolution,” Washington Post, December 4, 2020; Michael Ray, “The Tea Party Movement,” Encyclopedia Britannica, January 16, 2025, britannica.com; Anthony DiMaggio, The Rise of the Tea Party: Political Discontent and Corporate Media in the Age of Obama (New York: Monthly Review Press, 2011).
    54. Kabaservice, “The Forever Grievance”; Suzanne Goldenberg, “Tea Party Movement: Billionaire Koch Brothers Who Helped It Grow,” Guardian, October 13, 2010; Doug Henwood, “Take Me to Your Leader: The Rot of the American Ruling Class,” Jacobin, April 27, 2021.
    55. C. Wright Mills, White Collar (New York: Oxford University Press, 1953), 353–54.
    56. On the concept of contradictory class locations, see Erik Olin Wright, Class, Crisis and the State (London: Verso, 1978), 74–97.
    57. Barbara Ehrenreich, Fear of Falling: The Inner Life of the Middle Class (New York: HarperCollins, 1990); Nate Silver, “The Mythology of Trump’s ‘Working Class’ Support,” ABC News, May 3, 2016; Thomas Ogorzalek, Spencer Piston, and Luisa Godinez Puig, “White Trump Voters Are Richer than They Appear,” Washington Post, November 12, 2019.
    58. The analysis here is based on John Bellamy Foster, Trump in the White House (New York: Monthly Review Press, 2017).
    59. Kabaservice, “The Forever Grievance.”
    60. Liza Featherstone, “It’s a Little Late for Mike Pence to Pose as a Brave Dissenter to Donald Trump,” Jacobin, January 8, 2021.
    61. Trump quoted in Kabaservice, “The Forever Grievance.”
    62. Foster, Trump in the White House, 26–27.
    63. Karl Marx, Herr Vogt: A Spy in the Worker’s Movement (London: New Park Publications, 1982), 70.
    64. Thomas Piketty, Capital in the Twenty-First Century (Cambridge, Massachusetts: Harvard University Press, 2014), 391–92.
    65. Warren Buffett quoted in Nichols and McChesney, Dollarocracy, 31.
    66. On the growing role of private equity in the economy, see Allison Heeren Lee, “Going Dark: The Growth of Private Markets and the Impact on Investors and the Economy,” U.S. Securities and Exchange Commission, October 12, 2021, sec.gov; Brendan Ballou, Plunder: Private Equity’s Plan to Pillage America (New York: Public Affairs, 2023); Gretchen Morgenson and Joshua Rosner, These Are the Plunderers: How Private Equity Runs—and Wrecks—America (New York: Simon and Schuster, 2023).
    67. George Kerevan, “The American Ruling Class Is Shifting Towards Trump,” Brave New Europe, July 19, 2024, braveneweurope.com; Anna Massoglia, “Outside Spending on 2024 Elections Shatters Records, Fueled by Billion-Dollar ‘Dark Money’ Infusion,” Open Secrets, November 5, 2024, opensecrets.org.
    68. Kerevan, “The American Ruling Class Is Shifting Towards Trump.”
    69. Igor Derysh, “Joe Biden to Rich Donors: ‘Nothing Would Fundamentally Change’ If He’s Elected,” Salon, June 19, 2019.
    70. Biden, “Full Transcript of President Biden’s Farewell Address.”
    71. Will Weissert and Laurie Kellman, “What is Fascism? And Why Does Harris Say Trump is a Fascist?,” Associated Press, October 24, 2024.
    72. Dan Alexander and Michela Tindera, “The Net Worth of Joe Biden’s Cabinet,” Forbes, June 29, 2021.
    73. Rick Claypool, “Trump’s Billionaire Cabinet Represents the Top 0.0001%,” Public Citizen, January 14, 2025, citizen.org; Peter Charalambous, Laura Romero, and Soo Rin Kim, “Trump Has Trapped and Uprecedented 13 Billionaires for his Administration. Here’s Who They Are,” ABC News, December 17, 2024.
    74. Adriana Gomez Licon and Alex Connor, “Billionaires, Tech Titans, Presidents: A Guide to Who Stood Where at Trump’s Inauguration,” Associated Press, January 21, 2025; Doug Henwood, “Take Me to Your Leader: The Rot of the American Ruling Class,” Jacobin, April 27, 2021.
    75. Block, “The Ruling Class Does Not Rule” (2020 reprint with epilogue).
    76. Domenico Montanaro, “Trump Falls Just Below 50% in Popular Vote, But Gets More Than in Past Election,” National Public Radio, December 3, 2024, npr.org; Editors, “Notes from the Editors,” Monthly Review 76, no. 8 (January 2025). On the historical and theoretical significance of the Party of Nonvoters, see Walter Dean Burnham, The Current Crisis in American Politics(Oxford: Oxford University Press, 1983).
    77. Kerevan, “The American Ruling Class Is Shifting Towards Trump”; Alice McManus, Robert Benson, and Sandana Mandala, “Dangers of Project 2025: Global Lessons in Authoritarianism,” Center for American Progress, October 9, 2024.
    78. Bernie Sanders, “The US Has a Ruling Class—And Americans Must Stand Up to It.”
    79. Bernie Sanders, “Bernie’s Statement about the Election,” Occupy San Francisco, November 7, 2024, occupysf.net; Jake Johnson, “Sanders Lays Out Plan to Fight Oligarchy as Wealth of Top Billionaires Passes $10 Trillion,” Common Dreams, December 31, 2024.
    80. V. I. Lenin, Collected Works, vol. 23 (Moscow: Progress Publishers, n.d.), 120.
    81. Claypool, “Trump’s Billionaire Cabinet Represents the Top 0.0001%.”

    2025, Volume 76, Number 11 (April 2025)

  • Imperiralism and White Settler Colonialism in Marxist Theory

    By National Trails Office (US National Park Service) - NPGallery, Public Domain, Link.
    By National Trails Office (US National Park Service) – NPGallery, Public Domain, Link.

    The concept of settler colonialism has always been a key element in the Marxist theory of imperialism, the meaning of which has gradually evolved over a century and a half. Today the reemergence of powerful Indigenous movements in the struggles over cultural survival, the earth, sovereignty, and recognition, plus the resistance to the genocide inflicted by the Israeli state on the Palestinian people in the occupied territories, have brought the notion of settler colonialism to the fore of the global debate. In these circumstances, a recovery and reconstruction of the Marxist understanding of the relation between imperialism and settler colonialism is a crucial step in aiding Indigenous movements and the world revolt against imperialism.

    Such a recovery and reconstruction of Marxist analyses in this area is all the more important since a new paradigm of settler colonial studies, pioneered in Australia by such distinguished intellectual figures as Patrick Wolfe and Lorenzo Veracini, has emerged over the last quarter-century. This now constitutes a distinct field globally—one that, in its current dominant form in the academy, is focused on a pure “logic of elimination.” In this way, settler colonialism as an analytical category based on autonomous collectives of settlers is divorced from colonialism more generally, and from imperialism, exploitation, and class.1 Settler colonialism, in this sense, is often said to be an overriding planetary force in and of itself. In Veracini’s words, “It was a settler colonial power that became a global hegemon.… The many American occupations” around the world are “settler colonial” occupations. We are now told that not just the “pure” or ideal-typical settler colonies of the United States, Canada, Australia, New Zealand, and Israel can be seen as such, as originally conceived by Wolfe, but also the “whole of Africa,” plus much of Asia and Latin America, have been “shaped” to a considerable extent by the “logic of elimination,” as opposed to exploitation. Rather than seeing settler colonialism as an integral part of the development of the imperialist world system, it has become, in some accounts, its own complete explanation.2

    It would be wrong to deny the importance of the work of figures like Wolfe and Veracini, and the new settler colonial paradigm. As Roxanne Dunbar-Ortiz states in Not “A Nation of Immigrants”: Settler Colonialism, White Supremacy, and a History of Erasure and Exclusion, Wolfe carried out “groundbreaking research” demonstrating that “settler colonialism was a structure not an event.” He did a great service in bringing the notion of settler colonialism and the entire Indigenous struggle into the center of things. Nevertheless, in the case of the United States, she adds, in a corrective to Wolfe’s account, the founders were not simply settler colonists, they were “imperialists who visualized the conquest of the continent and gaining access to the Pacific and China.” The projection of U.S. imperialist expansion from the first had no territorial boundaries and was geared to unlimited empire. Settler colonialism reinforced, rather than defined, this global imperialist trajectory, which had roots in capitalism itself. This suggests that there is a historical-materialist approach to settler colonialism that sees it as dialectically connected to capitalism, colonialism, and imperialism, rather than as an isolated category.3

    Marx and Settler Colonialism

    It is now widely recognized in the research on settler colonialism that Karl Marx was the foundational thinker in this area in his discussion of “so-called primitive accumulation”; his references to colonialism proper, or settler colonialism; and his analysis of Edward Gibbon Wakefield and the “The Modern Theory of Colonization,” with which he ended the first volume of Capital.4 However, such recognition of Marx’s numerous references to settler colonialism seldom goes on to uncover the full depth of his analysis in this regard.

    As an authority on ancient Greek philosophy who wrote his dissertation on the ancient materialist philosopher Epicurus, Marx was very familiar with the ancient Greek cleruchy, or settler colony established as an extension of its founding city state. In many ways, the most notable Athenian cleruchy was the island/polis of Samos, the birthplace of Epicurus, whose parents were cleruchs or settler colonialists. The cleruchy in Samos was established in 365 BCE, when the Athenians forcibly removed the inhabitants of the island and replaced them with Athenian citizens drawn from the indigent population of an overcrowded Athens, turning Samos not only into a settler colony, but also a garrison state within the Athenian Empire. The dispute in the Greek world over the cleruchy in Samos was subsequently at the center of two major wars fought by Athens, resulting in the final downfall of Athens as a major power with its defeat by Macedonia in 322 BCE. This led to the dismantling of the cleruchy in Samos (in compliance with a decree issued by Alexander the Great shortly before his death), the removal of the Athenian settlers, and the return of the original population to the island.5

    For Marx and other classically educated thinkers in the nineteenth century, the Athenian cleruchy in Samos represented a pure model of colonialism. Although settler colonialism was to take new and more vicious forms under capitalism, reinforced by religion and racism, the underlying phenomenon was thus well known in antiquity and familiar to nineteenth-century scholars. In his analysis of colonialism in Capital and elsewhere, Marx referred to what is now called “settler colonialism” as “colonialism properly so-called”—a usage that was later adopted by Frederick Engels and V. I. Lenin.6 The concept of colonialism proper clearly reflected the classical viewpoint centered on Greek antiquity. Moreover, any use of “settler” to modify “colonialism” would have been regarded as redundant in the nineteenth century, as the etymological root of “colonialism,” derived from Latin and the Romance languages, was colonus/colona, signifying “farmer” or “settler.”7 Hence, the original meaning of the word colonialism was literally settlerism. But by the twentieth century, the meaning of colonialism had so broadened that it was no longer associated with its classical historical origins or its linguistic roots, making the use of the term “settler colonialism” more acceptable.

    Colonialism proper, in Marx’s conception, took two forms, both having as their precondition a logic of extermination, in the nineteenth century sense of exterminate, meaning both forcible eradication and expulsion.8 The “first type” was represented by “the United States, Australia, etc.”, associated with a form of production based on “the mass of the farming colonists” who set out “to produce their own livelihood,” and whose mode of production was thus not immediately capitalist in character. The “second type” consisted of “plantations—where commercial speculations figure from the start and production is intended for the world market.” This type was part of “the capitalist mode of production, although only in the formal sense, since the slavery of Negroes [on New World plantations] precludes free wage labor, which is the basis of capitalist production. But the business in which slaves are used is conducted by capitalists.”9

    Settler colonialism of the first type, that of farming colonists, was dominant in the northern United States, while the second type of settler colony, founded on slave plantations, dominated the U.S. South. The second type, or what Marx also referred to as a “second colonialism,” was rooted in slave labor and plantation economies that were run by capitalists who were also large landowners, with capitalist relations “grafted on” slavery. The settler colonies in the antebellum South, while based in the main on plantation slavery, also included fairly large numbers of subsistence “farming colonists,” or poor whites who existed on a marginal, subsistence basis, since slave plantation owners had seized the most fertile land.10

    In this way, Marx’s approach to settler colonialism encompassed not only the exterminist logic directed at Indigenous nations, but also the dual forms of production (free farmers and plantation slavery) that emerged within the resulting settler colonial structure. Nevertheless, the overall dialectic of settler colonialism had as its precondition the extermination (including removal) of Indigenous populations. As Marx expressed it in the first volume of Capital:

    The discovery of gold and silver in America, the extirpation, enslavement, and entombment in mines of the indigenous population of that continent, the beginnings of the conquest and plunder of India, and the conversion of Africa into a preserve for the commercial hunting of blackskins, are all things which characterize the dawn of the era of capitalist production. These idyllic proceedings are the chief moments of primitive accumulation.…

    The treatment of the indigenous population was, of course, at its most frightful in plantation-colonies set up exclusively for the export trade, such as the West Indies, and in rich and well-populated countries, such as Mexico and India, that were given over to plunder. But even in the colonies properly so called, the Christian character of primitive accumulation was not belied. In 1703 those sober exponents of Protestantism, the Puritans of New England, by decrees of their assembly set a premium of £40 on every Indian scalp and every captured redskin; in 1720, a premium of £100 was set on every scalp; in 1744, after Massachusetts Bay had proclaimed a certain tribe as rebels, the following prices were laid down: for a male scalp of 12 years and upwards, £100 in new currency, for a male prisoner £105, for women and children prisoners £50, for the scalps of women and children £50.11

    The real significance of this barbaric price structure, as Marx intimated here, was one of extermination, since male prisoners were valued only marginally more than their scalps, which were tokens of their death; while the lives of women and children simply equaled the value of their scalps.

    Marx’s primary source on colonization and the treatment of the Indigenous throughout the world, at the time he wrote Capital, was William Howitt’s Colonization and Christianity: A Popular History of the Treatment of the Natives by the Europeans in All Their Colonies (1838). Howitt’s theme with respect to the British colonies in North America was the extermination (extinction and expulsion) of the Indigenous population. Writing at the time of the Trail of Tears in the United States, he described “the exterminating campaigns of General Jackson.” In this respect, he quoted Andrew Jackson’s declaration on March 27, 1814, that he was “determined to exterminate them” all. The Native American peoples, Howitt observed, “were driven into waste [uncultivatable hinterlands], or to annihilation.”12 Writing of the conditions facing the Indigenous nations of the Southeast faced with the advance of white settlers, he explained,

    Nothing will be able to prevent the final expatriation of these southern tribes: they must pass the Mississippi till the white population is swelled sufficiently to require them to cross the Missouri; there will then remain but two barriers between them and annihilation—the rocky mountains and the Pacific Ocean. Wherever we hear now of those tribes, it is of some fresh act of aggression against them—some fresh expulsion of a portion of them—and of melancholy Indians moving off towards the western wilds.13

    For Marx, the logic of extermination introduced by English settler colonialism in the Americas was historically tied to the earlier and ongoing conquest and plundering of Ireland, the natural wealth of which was being drained continually by England. He argued that the same “plan to exterminate” that had been employed with the utmost ferocity by the English and Scots against the Irish was later applied in the British colonies in North America “against the Red Indians.”14 In Ireland, what was frequently called a policy of extermination, occurring alongside the enclosures in England, created a massive relative surplus population that could not be absorbed by the early Industrial Revolution in England, leading to a constant flow of English, Irish, and Scots Irish settler colonists to North America, where they sought to extinguish the Native Americans to make room for their own advance. A similar process occurred in New South Wales (originally a penal colony in Australia) with respect to the settler colonial treatment of Aboriginal peoples, as described by Howitt.15

    Marx and Engels were also deeply concerned with the French settler colonialism in Algeria occurring in their time, and sided with the Indigenous Algerian resistance.16 The Indigenous population of Algeria was nearly 6 million in 1830. By 1852, following the French all-out war of annihilation, including a scorched earth policy and subsequent famine, this had been reduced to 2.5 million.17 Meanwhile, “legalistic” means were also used to seize the communal lands, which were to be turned into the private property of colonists. In his excerpts in the 1870s from the work of the Russian ethnologist M. M. Kovalevsky, Marx compiled a detailed analysis of “the planting of European colonists” in Algeria and “the expropriation of the soil of the native population by European colonists and speculators.” After a brief sojourn in Algiers near the end of his life, meant as part of a rest cure ordered by his doctor, Marx argued that there was no hope for the Indigenous Algerians “WITHOUT A REVOLUTIONARY MOVEMENT.”18

    In 1882, Engels took up the subject of the English settler colonies in a letter to Karl Kautsky, writing:

    As I see it, the colonies proper, i.e., the countries occupied by European settlers, such as Canada, the Cape [South Africa], Australia, will all become independent; on the other hand, countries that are merely ruled [by colonial powers] and are inhabited by natives, such as India, Algeria and the Dutch, Portuguese and Spanish possessions, will have to be temporarily taken over by the proletariat and guided as rapidly as possible towards independence. How this process will develop is difficult to say. India may, indeed very probably will, start a revolution…. The same thing could also happen elsewhere, say in Algeria and Egypt, and would certainly suit us [that is, the socialist struggle in Europe] best.19

    Imperialism and Settler Colonialism

    Lenin quoted in 1916 from Engels’s 1882 letter to Kautsky, including the reference to “colonies proper,” and clearly agreed with Engels’s analysis.20 But the Comintern was slow to take up the question of settler colonialism. This was only to occur at the Second Congress on the National and Colonial Questions in 1928, in the “Theses on the Revolutionary Movement in the Colonies and Semi-Colonies,” which was meant to provide a critique of the entire “imperialist world system,” of which settler colonialism was considered to be a key part. A sharp distinction was drawn between settler colonies and other colonies. As the Comintern document stated:

    In regard to the colonial countries it is necessary to distinguish between those colonies of the capitalist countries which have served them as colonising regions for their surplus population, and which in this way have become a continuation of their capitalist system (Australia, Canada, etc.), and those colonies which are exploited by the imperialists primarily as markets for their commodities, as sources of raw material and as spheres for the export of capital. This distinction has not only a historic but also a great economic and political significance.

    The colonies of the first type on the basis of their general development become “Dominions,” that is, members of the given imperialist system, with equal, or nearly equal, rights. In them, capitalist development reproduces among the immigrant white population the class structure of the metropolis, at the same time that the native population, was for the most part, exterminated. There cannot be there any talk of the [externally based] colonial regime in the form that it shows itself in the colonies of the second type.

    Between these two types is to be found a transitional type (in various forms) where, alongside the numerous native population, there exists a very considerable population of white colonists (South Africa, New Zealand, Algiers, etc.). The bourgeoisie, which has come from the metropolis, in essence represents in these countries (emigrant colonies) nothing else than a colonial “prolongation” of the bourgeoisie of the metropolis.21

    The Comintern went on to conclude that,

    The metropolis is interested to a certain extent in the strengthening of its capitalist subsidiary in the colonies, in particular when this subsidiary of imperialism is successful in enslaving the original native population or even in completely destroying it. On the other hand, the competition between various imperialist systems for influence in the semi-independent countries [with large settler populations] can lead also to their breaking off from the metropolis.22

    What emerged in the analysis of the Comintern by 1928, therefore, building on the earlier work of Marx, Engels, and Lenin, was a conception of settler colonialism as an integral part of a general theory of the imperialist world system. In the view of the Comintern, race, which was now no longer seen primarily in biological terms, but was increasingly viewed through the lens of cultural resistance—as in the work of W. E. B. Du Bois—was brought into the argument more explicitly with the concept of “whiteness,” emphasizing that these were “white” settler colonies.23 The Comintern declaration on settler colonialism was concurrent with the first Palestinian treatments of the subject in the 1920s and ’30s.24

    Also in the 1920s, Peruvian Marxist José Carlos Mariátegui wrote of the Spanish “practice of exterminating the Indigenous population and the destruction of their institutions.… The Spanish colonizers,” he noted, “introduced to Peru a depopulation scheme.” This was, however, followed by the “enslavement” and then “assimilation of the Indians,” moving away from the exterminism of pure settler colonialism as the demand for labor became the dominant consideration. Here the primary objective of colonization, as Mariátegui recognized, had shifted from the expropriation of the land of Indigenous populations, and thus their erasure, to an emphasis on the exploitation of their labor power.25

    The Comintern was dissolved by the Soviet Union in 1943 at a critical moment in the Second World War as a way of demonstrating that the defeat of Nazi Germany came before all else. The notion of settler colonialism, however, was carried over into dependency theory after the Second World War by the Marxist economist Paul A. Baran, then a professor at Stanford University. Baran had been born in Tsarist Russia and received his economics training in the Soviet Union, Germany, and the United States. He linked the Comintern doctrine on settler colonialism to the question of development and underdevelopment.

    Writing in 1957, in The Political Economy of Growth, Baran distinguished “between the impact of Western Europe’s entrance into North America (and Australia and New Zealand) on one side, and the ‘opening up’ by Western capitalism of Asia, Africa, or Eastern Europe,” on the other. In the former case, Western Europeans “settled” as permanent residents, after eliminating the original inhabitants, arriving with “capitalism in their bones,” and establishing a society that was “from the outset capitalist in structure.”26

    However, the situation was different with respect to Asia and Africa:

    Where climate and the natural environment were such as possibly to invite Western European settlers, they were faced with established societies with rich and ancient cultures, still pre-capitalist or in the embryonic state of capitalist development. Where the existing social organizations were primitive and tribal, the general conditions and in particular the climate were such as to preclude any mass settlement of Western European arrivals. Consequently, in both cases the Western European visitors rapidly determined to extract the largest possible gains from the host countries and to take their loot home.27

    In this way, Baran clearly contrasted the two types of colonialism, linking each to the regime of capitalist accumulation. While European white settler colonies in North America and Australasia extirpated the original inhabitants and expropriated the land, laying the ground for internal accumulation, the wider European colonial plundering of ancient and rich societies, as in the cases of India, Java, and Egypt, fed the Industrial Revolution in England (and elsewhere in Western Europe), providing it with much of the original capital for development. In the process, preexisting civilizations and cultures were disarticulated. Their communal and collective social relations, as Rosa Luxemburg emphasized, were necessarily “annihilated” by capitalism.28

    In dependency theory from the start, white settler colonies thus stood as an exception within colonialism as a whole. Baran noted but did not analyze the role of slavery in “the primary accumulation of capital” and the development of settler colonialism. For Marx, the transatlantic slave trade was the “pedestal” on which both the accumulation of capital in the plantation South of the United States and the British cotton industry at the heart of the Industrial Revolution were to rest.29

    In the 1950s, ’60s, and ’70s, settler colonialism theory became a major focus within Marxism due to struggles then occurring in Africa and Palestine. A key figure in the analysis of settler colonialism was Frantz Fanon. Originally from the French colony of Martinique, Fanon fought with the French Free Forces in the Second World War, studied psychiatry in France, and eventually joined the National Liberation Front of the Algerian Revolution. He was the author most notably of Black Skin, White Masks (1952) and The Wretched of the Earth (1961). Influenced by both G. W. F. Hegel and Marx, Fanon applied Hegel’s master-slave dialectic to the colonizer-colonized relation in the Algerian context, accounting for the logic of violence characterizing settler colonialism and exploring the continuing search for recognition on the part of the Indigenous Algerians.30 Critical considerations of settler colonialism were also inspired by the revolt of the Land and Freedom Army in Kenya against white settlers and plantation owners between 1952 and 1960, which led to the death in combat or execution of upwards of ten thousand Africans.31

    In 1965, the Palestinian-Syrian scholar Fayez A. Sayegh wrote a pamphlet, Zionist Colonialism in Palestine, published by the Palestine Liberation Organization, arguing that “Zionist colonialism” was “essentially incompatible with the continued existence of the ‘native population’ in the coveted country,” and had as its goal the creation of a “settler community.”32 Two years later, in the midst of the Arab-Israeli War, French Marxist Maxime Rodinson, whose parents had both perished in Auschwitz, published his landmark work, Israel: A Colonial-Settler State? Rodinson commenced by stating that “The accusation that Israel is a colonialist phenomenon is advanced by an almost unanimous Arab intelligentsia, whether on the right or the left. It is one case where Marxist theorizing has come forward with the clearest response to the requirements of ‘implicit ideology’ of the Third World and has been widely adopted.” He saw settler colonialism as linked to “the worldwide system of imperialism” and opposed to “indigenous liberation movements.” For Rodinson, Zionism thus represented “colonialism in the [classical] Greek sense,” that is, in the sense of the Athenian cleruchy, which eliminated/removed the native populations and replaced them with settlers. Settler colonialism directed at the extermination and displacement of the Indigenous peoples/nations, he indicated, had also occurred in colonial Ireland and Tasmania. Given this underlying logic, “It is possible that war is the only way out of the situation created by Zionism. I leave it to others to find cause for rejoicing in this.” Israel, Rodinson added, was not simply a settler-colonial country, but participated in imperialist exploitation and expansion abroad.33

    Arghiri Emmanuel, the pioneering Greek Marxist economist and theorist of unequal exchange, had worked in commerce in the Belgian Congo in what seems to have been his family textile firm in the late 1930s and again in the late ’40s before relocating to France in 1958. In his time in Congo, he had encountered the white settler community there, part of which was Greek.34 In 1969, he published his classic work Unequal Exchange: A Study of the Imperialism of Trade. In that work, Emmanuel addressed the issue of settler colonialism or “colonialism of settlement.” Here he made a distinction between, on the one hand, England’s four main “colonies of settlement”—the United States, Canada, Australia, and New Zealand, which had introduced a policy of exterminism against the Indigenous population—and, on the other, the fifth such settlement, namely South Africa, where the native population had not been subjected to exterminism to the same extent. In South Africa, the Indigenous Africans were “relegated to the ghettos of apartheid,” allowing for the superexploitation of their labor by a substantial white minority.35

    In Emmanuel’s theory of unequal exchange, wages were treated as an independent variable, based on Marx’s notion of their historically determined character. Viewed from this standpoint, Emmanuel argued that in the first four colonies of settlement, the high wages of the white workers who constituted the majority of the population had promoted rapid capital accumulation. However, in South Africa, the fifth settler colony, the wages of the majority-Black population were abysmally low, with the result being a “semideveloped” condition. Emmanuel criticized dependency theorist Andre Gunder Frank for explaining the development of the British white settler colonies primarily in culturalist terms. Rather, it was the high wages of the white settlers that promoted development.36

    This argument was developed further in Emmanuel’s “White-Settler Colonialism and the Myth of Investment Imperialism,” published in New Left Review in 1972. Here he dealt with the frequent conflict that arose between settler colonists and the imperial powers that had given rise to them, since white settler states emerged as rivals of European colonial states, no longer subjected as easily to colonial exploitation. This dialectic led to struggles with the metropoles, most of them unsuccessful, by settlers attempting to create independent white colonial states. Here Emmanuel drew on his own experiences in the Belgian Congo. However, he put this whole dynamic in the context of the history of settler colonialism more broadly, as in Ireland and Israel/Palestine.37

    Other Marxist theorists were to enter into the analysis of settler colonialism at this time, particularly with respect to Africa, relating it to dependency theory. In 1972, shortly after the publication of Emmanuel’s “White Settler Colonialism” article, Egyptian French Marxist economist Samir Amin discussed “settler colonization” in his article on “Underdevelopment and Dependence of Black Africa—Origins and Contemporary Forms,” mainly with respect to the failed attempts at settler colonialism in sub-Saharan Africa. Amin distinguished settler colonialism from what he called “Africa of the colonial trade economy,” relying on monopolies of trade, the colonial import-export house, and the mobilization of workers through labor reserves. Later, Amin was to write about settler colonialism in Israel, which he saw as similar to the way in which the “Red Indians” in North America were “hunted and exterminated,” but which was to be viewed in Israel’s case as intrinsically related to a wider monopoly capitalist/imperialist trajectory led by the United States aimed at global domination.38

    For Marxist theory throughout this period, the concept of settler colonialism was viewed as crucial in defining the development of colonialism and imperialism as a whole. In 1974, writing for the Encyclopedia Britannica, Harry Magdoff underscored that colonialism took

    two forms, or some combination of the two: (1) the removal of the indigenous peoples by killing them off or forcing them into specially reserved areas, thus providing room for settlers from Western Europe who then developed the agriculture and industry of these lands under the social system imported from the mother countries; or (2) the conquest of the indigenous peoples and the transformation of their existing societies to suit the changing needs of the more powerful militarily and technically advanced nations.39

    A breakthrough in the Marxian analysis of settler colonialism occurred with the publication of the Australian historian Kenneth Good’s “Settler Colonialism: Economic Development and Class Formation” in The Journal of Modern African Studies in 1976. Good drew on Marx’s notion of “so-called primitive accumulation” and on dependency theory to provide a broader, more integrated perspective on settler colonialism in its various forms. Looking at Africa, he discussed “settler states” and what he termed “colon societies,” where exterminism and settlement were “particularly heavy.” Such colon societies included “Canada, Australia, New Zealand, and the Cape Colony in South Africa” Much of his focus was on the colonies of settlement in Africa that, for one reason or another, did not conform to the full logic of exterminism/elimination, but which were ruled by dominant minorities of white settlers, as in Algeria, Kenya, Rhodesia (now Zimbabwe), and South Africa. In these colonies, the object was the control of African labor as well as land, leading to apartheid-style states. Like Emmanuel, Good was primarily concerned with the complex, contradictory relation of the reactionary colons to the external colonial metropole.40

    In 1983, J. Sakai, associated with the Black Liberation Army in the United States, wrote Settlers: The Myth of the White Proletariat.41 Sakai’s work has often been dismissed as ultraleft in its interpretation, given its extreme position that there is effectively no such thing as a progressive white working class in the context of settler colonialism in the United States, thereby extending Lenin’s labor aristocracy notion to the entire “white proletariat.” Nevertheless, some of the insights provided in Sakai’s work connecting settler colonialism and racial capitalism were significant, and Settlers was referenced by such important Marxists thinkers on capitalism and race as David Roediger in his Wages of Whiteness and David Gilbert in No Surrender.42

    Settler Colonialism as an Academic Paradigm

    Dunbar-Ortiz’s landmark 1992 article on “Aboriginal People and Imperialism in the Western Hemisphere” explored the massive die-down in the early centuries following the European arrival. She described the historical connections between “colonialism and exterminism,” focusing on the U.S. context.43 However, in the 1980s and ’90s, Marxist investigations into settler colonialism were less evident, due to the general retreat from imperialism theory on the part of much of the Western Left in the period.44 There was also the problem of how to integrate settler colonialism’s effects on Indigenous populations into the understanding of imperialism in general, since the latter was directed much more at the Global North’s exploitation of the Global South than at settler colonial relations internalized in parts of the Global North.

    This changed with the introduction of a definite settler colonialism paradigm in the universities internationally, evolving out of postcolonial studies. Settler colonialism as an academic field had its genesis in 1999 with Wolfe’s Settler Colonialism and the Transformation of Anthropology. Its formal structure was derived from two premises introduced by Wolfe: (1) settler colonialism represented a “logic of elimination,” encompassing at one and the same time annihilation, removal, and assimilation; and (2) settler colonialism was a “structure rather than an event.”45The first premise recognized that settler colonialism was directed at the expropriation of the land, while Indigenous peoples who were attached to the land were seen as entirely expendable. The second premise underscored that settler colonialism was a realized structure in the present, not simply confined to the past, and had taken on a logic rooted in a permanent settler occupation.

    Methodologically, Wolfe’s treatment was Weberian rather than Marxist. Settler colonialism was presented as an ideal type that excluded all but a few cases.46 The logic of elimination was seen as only really viable when it was historically realized in an inviolable structure. In countries where the logic of settler colonialism had been introduced, but had not been fully realized, this was not characterized as settler colonialism by Wolfe. Indeed, any move toward the exploitation of the labor of the Indigenous population, rather than their elimination from the land, disqualified a country from being considered settler colonialist. According to this definition, Algeria was not a settler colonial society any more than Kenya, South Africa, or Rhodesia. As Wolfe put it, “in contradiction to the kind of colonial formation that [Amilcar] Cabral or Fanon confronted, settler colonies were not primarily established to extract surplus value from indigenous labour.”47 Likewise, Latin America, due to the sheer complexity of its “hybrid” ethnic composition, along with its employment of Indigenous labor, was seen by Wolfe as outside the logic of settler colonialism.48

    Wolfe’s reliance on a Weberian methodological individualism resulted in his tracing of settler colonialism to the type of the settler. While there was such a thing as a settler colonial state, this was secondary to the ideal type of the settler.49 Settler colonialism became its own abstract logic, entirely separated from other forms of colonialism and from imperialism. This one-sided, idealist methodology has been central to the development of settler colonialism as an academic study, removing it from the Marxist tradition (and from Indigenous traditions) from which the concept had arisen.50

    Wolfe, by the time that he introduced his settler colonial model, had already established himself as a distinguished figure on the non-Marxist/anti-Marxist left. In 1997, two years before the publication of his seminal text on settler colonialism, he published an article entitled “History and Imperialism: A Century of Theory” for the American Historical Review, which was remarkable in the sheer number of misconceptions it promoted and in the depth of its polemic against Marxism. According to Wolfe, “the definitional space of imperialism [in left discourse] becomes a vague, consensual gestalt.” Marx was a pro-colonialist/pro-imperialist and Eurocentric thinker who saw colonialism as a “Malthusian” struggle of existence; Lenin, was part of the “post-Marxian” debate on imperialism” that began with social liberal John Hobson and that led to positions diametrically opposite to those of Marx; dependency theory turned Marxism “on its head”; world-systems theory was opposed to orthodox Marxism on imperialism, as was Emmanuel’s unequal exchange theory. Finally, “a notorious color blindness” suffused Marxism as a whole, which was principally characterized by economic determinism. In writing a history of imperialism theory, Wolfe remarkably neglected to discuss Lenin’s analysis at all, beyond a few offhand negative comments. He ended his article with a reference to settler colonialism, which he failed to relate to its theoretical origins, but approached in terms of postcolonial theory, claiming that it offered “discursive distinctions which survive the de-territorialization of imperialism.” It therefore could be seen as constituting the place to “start” if imperialism were to be resisted in the present.51

    In contrast to Marx, with his two types of settler colonialism, and distinct from most subsequent Marxist theorists, Wolfe promoted a notion of settler colonialism that was so dependent on a pure “logic of elimination,” emanating from settler farmers, that he approached plantation slavery in the southern part of the antebellum United States as simply the negative proof of the existence of settler colonialism in the northern part. “Black people in the plantation South were racialized as slaves,” whose purpose in racial capitalism was to carry out plantation labor, thus distinguishing them from Native Americans due to the purely eliminatory logic imposed on the latter. The distinction, although a sharp one in some ways, relied on a notion of settler colonialism as constituting an ideal type associated with a specific form of social action carried out by settlers. As a result, the real complexity of colonialism/imperialism, of which settler colonialism is simply a part, was lost. Wolfe saw the removal of Indigenous labor from the antebellum South as a precondition for the mixing of “the Red man’s land…with Black labor.” But after that event, settler colonialism as a structure no longer applied directly to the U.S. South. Native Americans, Wolfe argued, were subject to genocide, and Black people to slavery. With respect to African-Americans, he wrote, “the genocidal tribunal is the wrong court.”52

    Wolfe’s approach also tended to leave Africa out of the picture. According to Robin D. G. Kelley, Gary B. Nash Professor of American History at the University of California, Los Angeles, whose research focuses on critical thought and movements associated with the African Diaspora, “By not incorporating more of the globe in his study, Wolfe’s particular formulation of settler colonialism delimits more than it reveals.” By excluding Africa, which did not fit into his pure eliminatory logic, Wolfe “presumes that indigenous people exist only in the Americas and Australasia…. Consequently, settler colonialism on the African continent falls out of Wolfe’s purview…. The exclusion of southern Africa and similar social formations from the definition of settler colonialism…obscures its global and transnational character.” In Africa, according to Kelley’s cogent formulation, “the European colonists wanted land and the labor, but not the people—that is to say, they sought to eliminate stable communities and their cultures of resistance.”53

    As Sai Englert, author of Settler Colonialism: An Introduction, observed in a critique of Wolfe, the “sharp distinction between settler colonialism” and other forms of colonialism “is difficult to square with reality. On the one hand, elimination and genocide are a reality across the colonial world by means of war, famine, forced or enslaved labour, and mass murder. On the other hand, many settler colonial regimes were based primarily on the exploitation of the Indigenous populations.”54

    Wolfe’s academic paradigm of settler colonialism following his death in 2016 was most influentially carried forward by Veracini, author of a wide array of works on the subject and the founding editor of the journal Settler Colonial Studies. Veracini, in a contradictory fashion, sought to adhere to Wolfe’s restrictive definition of settler colonialism, while at the same time giving it a more global and all-encompassing significance. He did this by separating “settler colonialism” entirely from “colonialism” and in effect subsuming the latter in the former. Thus, settler colonialism became the measuring stick for judging colonialism generally. As Veracini wrote in his Settler Colonialism: A Theoretical Overview, “This book is a reflection on settler colonialism as distinct from colonialism…. I propose to see…as analytically distinct, colonialism with settlers and settler colonialism.” Key to Veracini’s method was the postulate that settler colonialism was not a subtype of colonialism, but a separate entity, “antithetical” to colonialism. The notion of imperialism, as opposed to mere references to “imperial expansion,” disappeared almost altogether in his analysis. Figures like Emmanuel received dismissive treatment.55

    In a confused and contradictory series of transpositions, the concept of settler colonialism metamorphosed in the work of Veracini into an all-encompassing eliminatory logic. Wolfe had seen the classical-liberal notion of primitive accumulation—a concept that, in its bourgeois “nursery tale” form, was subjected to a harsh critique by Marx—as being “inseparable from the inception of settler colonialism,” essentially equating the two concepts.56 Prior to this, Marxist geographer David Harvey had transposed the eighteenth- and nineteenth-century historical concept of original or primitive accumulation into a suprahistorical spatial notion of “accumulation by dispossession.” Going beyond both Wolfe and Harvey, Veracini proceeded to transpose Harvey’s neologism into the cognate “accumulation without reproduction,” standing for the “eliminatory logic” of settler colonialism. Accumulation without reproduction was then seen as applying to all forms of eliminatory and predatory logic, with the result that all instances of world oppression, wherever direct economic exploitation was not concerned, including issues such as climate change, could be “most productively approached within a settler-colonial studies paradigm.”57

    In this way, not only colonialism, imperial expansion, and racial capitalism, but also the global ecological crisis, ecological debt, and the financialization of the globe, in Veracini’s expanded conception, all fell under the settler colonial paradigm, representing a dominant logic of globalized elimination. Veracini has laid great emphasis on the fact that the United States as the hegemonic power in the world today is to be seen primarily as a settler colonialist, rather than as an imperialist, power. Not surprisingly, the concept of “imperialism” was absent from his Settler Colonialism: A Theoretical Overview.58

    The theoretical distinction between a Marxist analysis of imperialism/colonialism with settler colonialism as one of its forms, and the new academic paradigm in which settler colonialism is seen as its own discrete, self-determining phenomenon rooted in the type of the settler, could not be more different. This can be perceived in the way thinkers like Wolfe and Veracini approached the Israeli state’s violent occupation of Palestine. Wolfe went so far as to criticize Rodinson’s classic interpretation of Israeli settler colonialism on the basis that, for the latter, this was a European (and North American) imperialist project, while, for Wolfe himself, settler colonialism was defined at all times by the role of autonomous settlers disconnected from the metropole. Rodinson’s argument, Wolfe claimed, did not explain why the Israeli project is specifically “a settler-colonial one.” But such a view relied once again on the abstraction of the settler as a distinct ideal type, giving rise to settler colonialism separated off from other social categories, thereby running counter to a holistic historical inquiry. In this view, the imperial metropoles, whatever role they had in the beginning—and, in Wolfe’s argument, Israel was unique in that it was constituted by “diffuse metropoles”—are, by definition, no longer directly implicated in what the autonomous settler colonies choose to do. Indeed, in some non-Marxist analyses, the metropoles are now seen as the helpless victims of the settler colonies, simply locked into a common cultural history from which there is no escape. Lost here is the reality that Israel is, for Washington, a garrison colony within the larger U.S./NATO-based strategy of global imperialist domination.59

    For Veracini, as for Wolfe, in writing on Palestine, the emphasis is on the absolute autonomy of settler colonies, which are then seen as completely self-determining. Israel’s occupation of Palestine is a case in point. This meant that the whole question of the imperialist world system’s role in the Israeli-Palestine conflict is largely denied. To be sure, Veracini has indicated that the potential remained for a reestablishment of a settler colony’s dependence on the core imperial powers (a point specifically directed at Israel) that could lead to its external “recolonization.” But this is seen as unlikely.60

    Within what has become in the mainstream settler colonial paradigm, therefore, the approach to Israel’s occupation of Palestine is worlds away from that of historical materialism. Rather than relying on a very restrictive logic, Marxist analysis seeks to place the reality of Israeli settler colonialism in a wider and more dynamic historical perspective that grasps the complex and changing dialectical relations of capitalism, class, and imperialism/militarism.

    Here it is important to note Israel/Palestine is demographically unique in the history of settler colonialism, since rather than either a definite majority or a powerful minority of colonizers emerging, there is a rough equality in numbers overall. Over seven million Israelis live in present-day Israel and the West Bank in 2022, and some seven million Palestinians live in the West Bank, the Gaza Strip, Israel, and East Jerusalem. Given the significantly higher birth rates of Palestinians, this is viewed by Israel as a demographic threat to its logic as a Zionist settler colonial state. Tel Aviv therefore has enhanced its efforts to seize complete control of the entire region of Israel/Palestine (referred to by the Israeli right as “Greater Israel”), adopting an ever more aggressive strategy of exterminism and imperialism.61 This strategy is fully supported, even urged on, by Washington, in its goal of absolute imperial domination of the Middle East, Central Asia, and parts of South Asia—the region of the United States Central Command.

    Israel’s average annual military spending as a share of GDP from 1960 to 2022 is 12 percent. After shrinking officially to around 4–5 percent in recent years, it is now again on the rise. It has the second-highest military spending per capita in the world (after Qatar) and possesses not only military superiority in the Middle East region but also an arsenal of weapons of mass destruction (nuclear, chemical, and biological).62 Its war machine is supported by massive aid from the United States, which provides it with the most advanced weapons in existence. NATO has given Israel the designation of a “major non-NATO ally,” recognizing its position as a key part of the U.S.-European imperialist bloc.63 In the United Nations, it is a member of the Western European and Other Group (WEOG) within the official regional groupings. The “Other” stands for the main settler colonial nations: the United States, Canada, Australia, New Zealand, Israel, and formerly apartheid South Africa.64

    For Max Ajl, a senior researcher at the Brooklyn Institute for Social Research, Israel, while a “settler society” and tied into a logic of exterminism, has to be seen in a larger context of the imperialism/militarism of the Global North. “The question of Palestine,” he writes, “is not merely a question of national [or settler] oppression, but poses Israel’s uniqueness: a condensation of Western colonial and imperial power, a world-wide symbol of Western perfidy, a state which physically cleaves Africa and Asia, a merchant and mercenary of global counter-insurgence, all melded in a manticore of death and destruction.”65 If Israel can be viewed as a pure settler-exterminist state, it is also a global garrison state, tied to the entire system of world domination rooted in monopoly capitalism/imperialism in which the United States is the hegemonic power.

    Wasi’chu

    The rise of the American Indian Movement in the United States in the 1960s and ’70s led to strong critiques of the reality of settler colonialism. An extraordinary work in this context was Wasi’chu: The Continuing Indian Wars by Bruce Johansen and Roberto Maestas. Wasi’chu is a Lakota word that refers not to white man or settler but to a logic, a state of mind, and a system. Literally, it means “takes the fat” or “greedy person,” appropriating not just what is needed for life, but also what properly belongs to the whole community. “Within the modern Indian movement,” it “has come to mean those corporations and their individuals, with their government accomplices, which continue to covet Indian lives, land, and resources for public profit.” The term was famously used by Black Elk in Black Elk Speaks, based on interviews in the early 1930s, in which he emphasized the Wasi’chu’s unrelenting desire for gold. As Johansen and Maestas explained, Wasi’chu is “a human condition based on inhumanity, racism, and exploitation. It is a sickness, a seemingly incurable and contagious disease which begot the ever-advancing society of the West.” This observation became, in the work of these authors, the basis of a searing account of settler colonialism in North America, not simply geared to the past but to the present.66

    “Wasichu,” Pulitzer-Prize-winning novelist Alice Walker elaborates in her Living by the Word,

    was a term used by the Oglala Sioux to designate the white man, but it had no reference to the color of skin. It means: He who takes the fat. It is possible to be white and not a Wasichu and a Wasichu and not white…. The Wasichu speaks, in all his U.S. history books, of “opening up virgin lands.” Yet there were people living here on “Turtle Island,” as the Indians called it, for thousands of years….

    We must absolutely reject the way of the Wasichu that we are so disastrously traveling, the way that respects most (above nature, obviously above life itself, above even the spirit of the universe) the “metal that makes men crazy”.… Many of us are afraid to abandon the way of the Wasichu because we have become addicted to his way of death. The Wasichu has promised us so many good things, and has actually delivered several. But “progress,” once claimed by the present chief of the Wasichus to be their “most important product,” has meant hunger, misery, enslavement, unemployment, and worse to millions of people on the globe.67

    Wasi’chu, as the Indigenous understood it, was the personification of what we know as capitalism, colonialism, and imperialism, a system of greed, exploitation, and expropriation of human beings and the land.68 The Lakota people clearly understood this system of greed as one that had no limits and that was the enemy of communal existence and reverence for the earth. It is this more profound critique of capitalism/imperialism as a system dominated by the Wasi’chu that seizes “the fat,” (the surplus that is the inheritance of humanity as a whole) that we most need today. As The Red Nation’s The Red Deal states, the choice today is “decolonization or extinction,” that is, “ending the occupation” and destruction of the earth by imperialist “accumulation-based societies,” so as to “build what sustains us.”69

    Notes

    1. Key foundational works in this paradigm include Patrick Wolfe, Settler Colonialism and the Transformation of Anthropology (London: Cassell, 1999); Patrick Wolfe, Traces of History: Elementary Structures of Race (London: Verso, 2016); Patrick Wolfe, “Settler Colonialism and the Elimination of the Native,” Journal of Genocide Research 8, no. 4 (December 2006): 387–409; Patrick Wolfe, “Land, Labor and Difference: Elementary Structures of Race,” American Historical Review 106, no. 3 (June 2001): 866–905; David Lloyd and Patrick Wolfe, “Settler Colonial Logics and the Neoliberal Regime,” Settler Colonial Studies 6, no. 2 (May 2015): 109–18; Lorenzo Veracini, The Settler Colonial Present (London: Palgrave Macmillan, 2015); Lorenzo Veracini, Settler Colonialism: A Theoretical Overview (London: Palgrave Macmillan, 2024); Lorenzo Veracini, “Containment, Elimination, Endogeneity: Settler Colonialism in the Global Present,” Rethinking Marxism 31, no. 1 (April 2019): 118–40. Marxian-oriented critical perspectives can be found in Jack Davies, “The World Turned Outside In: Settler Colonial Studies and Political Economy,” Historical Materialism 31, no. 2 (June 2023): 197–235; and Sai Englert, Settler Colonialism: An Introduction (London: Pluto, 2022).
    2. Wolfe, “Settler Colonialism and the Elimination of the Native,” 387–88; Wolfe, Settler Colonialism and the Transformation of Anthropology, 2; Veracini, The Settler Colonial Present, 51, 54–56; Veracini, Settler Colonialism: A Theoretical Overview, 4–11; Veracini, “Containment, Elimination, Endogeneity,” 121; Davies, “The World Turned Outside In,” 207.
    3. Roxanne Dunbar-Ortiz, Not “A Nation of Immigrants”: Settler Colonialism, White Supremacy, and a History of Erasure and Exclusion (Boston: Beacon, 2021), 18; R. W. Van Alstyne, The Rising American Empire (New York: W. W. Norton, 1960).
    4. Veracini, The Settler Colonial Present, 39–40; Lorenzo Veracini, “Introduction: Settler Colonialism as a Distinct Mode of Domination” in The Routledge Handbook of the History of Settler Colonialism, Edward Cavanaugh and Lorenzo Veracini, eds. (London: Routledge, 2017), 3; Englert, Settler Colonialism: An Introduction, 29–30; John Bellamy Foster, Brett Clark, and Hannah Holleman, “Marx and the Indigenous,” Monthly Review 71, no. 9 (February 2020): 3.
    5. John Bellamy Foster, Breaking the Bonds of Fate: Epicurus and Marx (New York: Monthly Review Press, forthcoming 2025).
    6. Karl Marx, Capital, vol. 1 (London: Penguin, 1976), 917; Karl Marx and Frederick Engels, Collected Works (New York: International Publishers, 1975), vol. 46, 322; V. I. Lenin, “The Discussion on Social-Determination Summed Up,” July 1916, section 8, Marxists Internet Archive, marxists.org.
    7. “Colony (n.),” Online Etymology Dictionary, etymonline.com. As G. E. M. de Ste. Croix states, “The Latin word coloni…had originally been used in the sense of ‘farmer’ or ‘settler.’” G. E. M. de Ste. Croix, The Class Struggle in the Ancient Greek World (London: Duckworth, 1981), 159.
    8. According to the Oxford English Dictionary, the word “exterminate” comes from the Latin for “to drive beyond boundaries.” From the sixteenth century onward, it meant “to drive forth (a person or thing), from, of, out of, the boundaries or limits of a (place, community, region, state, etc.); to drive away, banish, put to flight.” However, by the seventeenth century it had also taken on the additional meaning of “to destroy utterly, put an end to (persons or animals); not only to root out, extirpate (species, races, populations).” Oxford English Dictionary, compact edition (Oxford: Oxford University Press, 1971), 938.
    9. Karl Marx, Theories of Surplus Value: Part II (Moscow: Progress Publishers, 1968), 301–3; Marx, Capital, vol. 1, 917.
    10. Marx, Theories of Surplus Value: Part II, 301–3; John Bellamy Foster, Hannah Holleman, and Brett Clark, “Marx and Slavery,” Monthly Review 72, no. 3 (July–August 2020): 98.
    11. Marx, Capital, vol. 1, 915–17, emphasis added; William Howitt, Colonization and Christianity: A Popular History of the Treatment of the Natives by the Europeans in All Their Colonies (London: Longman, Orme, Brown, Green, and Longmans, 1838), 348.
    12. Howitt, Colonization and Christianity, 346–49, 378–79, 403–5.
    13. Howitt, Colonization and Christianity, 414.
    14. Karl Marx and Frederick Engels, Ireland and the Irish Question (New York: International Publishers, 1971), 266.
    15. Marx and Engels, Ireland and the Irish Question, 66, 193, 216, 283, 303, 366, 372; John Bellamy Foster and Brett Clark, The Robbery of Nature (New York: Monthly Review Press, 2020), 72–75; Dunbar-Ortiz, Not A Nation of Immigrants,” 36–46, 126.
    16. Marx and Engels, Collected Works, vol. 18, 60–70, 212–13.
    17. Kenneth Good, “Settler Colonialism: Economic Development and Class Formation,” Journal of Modern African Studies 14, no. 4 (December 1976): 599.
    18. Karl Marx, “Excerpts from M. M. Kovalevsky,” appendix to Lawrence Krader, ed., The Asiatic Mode of Production (Assen, Netherlands: Van Gorcum and Co., 1974), 400, 406–7, 411–12; Foster, Clark, and Holleman, “Marx and the Indigenous,” 11–12.
    19. Marx and Engels, Collected Works, vol. 46, 322. Translation altered slightly to change “actual colonies” to “colonies proper,” in accordance with the translation of Engels’s letter in V. I. Lenin, Collected Works (Moscow: Progress Publishers, n.d.), vol. 22, 352.
    20. Lenin, Collected Works, vol. 22, 352.
    21. Communist International (Comintern), Theses on the Revolutionary Movement in the Colonies and Semi-Colonies (1928), in Theses and Resolutions of the VI. World Congress of the Communist Internationalvol. 8, no. 88, International Press Correspondence, no. 84, sections 10, 12 (extra paragraph indent created beginning with “Between”); Oleksa Drachewych, “Settler Colonialism and the Communist International,” in The Palgrave Encyclopedia of Imperialism and Anti-Imperialism, Immanuel Ness and Zak Cope, eds. (London: Palgrave Macmillan, 2021): 2418–28. Lenin’s recognition of Engels’s position on “colonialism proper” and the Comintern’s detailed treatment of settler colonialism demonstrate that Veracini’s uninformed claim that “Lenin and twentieth century Marxism…conflated colonialism and settler colonial forms” was simply false. It is further falsified, as we shall see, by numerous explicit twentieth-century Marxist treatments of settler colonialism. Veracini, The Settler Colonial Present, 39.
    22. Comintern, Theses on the Revolutionary Movement in the Colonies and Semi-Colonies, 12–13.
    23. W. E. B. Du Bois, Darkwater: Voices from Within the Veil (New York: Harcourt Brace and Howe, 1920), 29–42.
    24. Jennifer Schuessler, “What Is Settler Colonialism?,” New York Times, January 22, 2024.
    25. José Carlos Mariátegui, José Carlos Mariátegui: An Anthology, Harry E. Vanden and Marc Becker, eds. (New York: Monthly Review Press, 2011), 74–76.
    26. Paul Baran, The Political Economy of Growth (New York: Monthly Review Press, 1957), 141.
    27. Baran, The Political Economy of Growth, 142.
    28. Rosa Luxemburg, The Accumulation of Capital (New York: Monthly Review Press, 1951), 370.
    29. Baran, The Political Economy of Growth, 139–42, 153; Marx, Capital, vol. 1, 925.
    30. Frantz Fanon, The Wretched of the Earth (New York: Grove Press, 1963), 93; Simin Fadee, Global Marxism: Decolonization and Revolutionary Politics (Manchester: Manchester University Press, 2024), 132–52. In the work of Glen Sean Coulthard, Fanon’s emphasis on the colonial dialectic of recognition is combined with Marx’s critique of “so-called primitive accumulation” to generate one of the most powerful theoretical analyses of settler colonialism and Indigenous resistance up to the present. See Glen Sean Coulthard, Red Skin, White Masks: Rejecting the Colonial Politics of Recognition (Minneapolis: University of Minnesota Press, 2014).
    31. Donald L. Barnett and Karari Njama, Mau Mau from Within (New York: Monthly Review Press, 1966).
    32. Fayez A. Sayegh, Zionist Colonialism in Palestine (Beirut: Palestine Liberation Organization, 1965), 1–5.
    33. Maxime Rodinson, Israel: A Colonial Settler State (New York: Monad Press, 1973), 27–33, 89–96. Rodinson’s monograph was first published during the 1967 Israeli-Arab War in Jean-Paul Sartre’s journal, Le Temps Modernes.
    34. Jairus Banaji, “Arghiri Emmanuel (1911–2001),” Historical Materialism (blog), n.d.
    35. Arghiri Emmanuel, Unequal Exchange: A Study of the Imperialism of Trade (New York: Monthly Review Press, 1972), 37–71, 124–25, 370–71.
    36. Emmanuel, Unequal Exchange, 363–64.
    37. Arghiri Emmanuel, “White-Settler Colonialism and the Myth of Investment Imperialism,” New Left Review 1/73 (May–June 1972), 39–40, 43–44, 47; Emmanuel, Unequal Exchange 124–25, 337, 363, 370–71.
    38. Samir Amin, “Underdevelopment and Dependence in Black Africa—Origins and Contemporary Forms,” Journal of Modern African Studies 10, no. 4 (December 1972): 519–22; Samir Amin, The Reawakening of the Arab World (New York: Monthly Review Press, 2016), 182–89.
    39. Harry Magdoff, Imperialism: From the Colonial Age to the Present (New York: Monthly Review Press, 1978), 19–20.
    40. Good, “Settler Colonialism: Economic Development and Class Formation.”
    41. J. Sakai, Settlers: The Mythology of the White Proletariat (Chicago: Morningstar Press, 1989).
    42. David Gilbert, No Surrender: Writings from an Anti-Imperialist Political Prisoner (Montreal: Abraham Gullen Press, 2004), 5–59; David Roediger, The Wages of Whiteness: Race and the Making of the American Working Class (London: Verso, 1991), 184.
    43. Roxanne Dunbar-Ortiz, “Aboriginal People and Imperialism in the Western Hemisphere,” Monthly Review 44, no. 4 (September 1992): 9.
    44. On the retreat from imperialism theory on much of the left, see John Bellamy Foster, “The New Denial of Imperialism on the Left,” Monthly Review 76, no. 6 (November 2024): 15–19.
    45. Wolfe, Settler Colonialism and the Transformation of Anthropology, 2, 27, 40–43; Wolfe, “Settler Colonialism and the Elimination of the Native,” 387, 402.
    46. Wolfe, “Land, Labor and Difference,” 868; Englert, Settler Colonialism: An Introduction, 16.
    47. Wolfe, Settler Colonialism and the Transformation of Anthropology, 1, 167.
    48. Veracini, The Settler Colonial Present, 54. On the relation of Latin America to settler colonialism, see Richard Gott, “Latin America as a White Settler Society,” Bulletin of Latin American Research 26, no. 2 (April 2007): 269–89.
    49. Wolfe, Traces of History, 28.
    50. David Harvey, The New Imperialism (Oxford: Oxford University Press, 2003), 137–82. The concept of accumulation by dispossession is contradictory in Marx’s terms, since accumulation by definition is not dispossession or expropriation, but rather is rooted in exploitation. Marx was strongly critical of the notion of “primitive accumulation” or “original accumulation,” as presented by classical-liberal economists like Adam Smith, and preferred the term “original expropriation,” or simply expropriation. See Ian Angus, The War Against the Commons (New York: Monthly Review Press, 2023), 204–9.
    51. Wolfe, “History and Imperialism,” 389–93, 397, 403–7, 418–20.
    52. Wolfe, “Settler Colonialism and the Elimination of the Native,” 388, 392, 403–4; Wolfe, “Land, Labor and Difference,” 868.
    53. Robin D. G. Kelley, “The Rest of Us: Rethinking Settler and Native,” American Quarterly 69, no. 2 (June 2017): 268–69.
    54. Englert, Settler Colonialism: An Introduction, 15. For an indication of this complexity see Gerald Horne, The Dawning of the Apocalypse: The Roots of Slavery, White Supremacy, Settler Colonialism, and Capitalism in the Long Sixteenth Century (New York: Monthly Review Press, 2020).
    55. Veracini, Settler Colonialism: A Theoretical Overview, 4–12; Lorenzo Veracini, “Israel-Palestine through a Settler-Colonial Studies Lens,” Interventions: International Journal of Postcolonial Studies 21, no. 4 (2019): 572.
    56. Lloyd and Wolfe, “Settler Colonial Logics and the Neoliberal Regime,” 8; Marx, Capital, vol. 1, 874; Davies, “The World Turned Outside In,” 217. On the history of the classical-liberal conception of original, or primitive, accumulation prior to Marx, see Michael Perelman, The Invention of Capitalism: Classical Political Economy and the Secret History of Primitive Accumulation (Durham: Duke University Press, 2000).
    57. Veracini, “Containment, Elimination, Endogeneity,” 119, 122–28; Veracini, “Israel-Palestine Through a Settler-Colonial Studies Lens,” 579–80; Nicholas A. Brown, “The Logic of Settler Accumulation in a Landscape of Perpetual Vanishing,” Settler Colonial Studies 4, no. 1 (2014): 3–5; Davies, “The World Turned Outside In,” 214; Harvey, The New Imperialism, 137–82.
    58. Veracini, “Containment, Elimination, Endogeneity,” 122–8; Davies, “The World Turned Outside In,” 214.
    59. Wolfe, Traces of History, 234–37; Veracini, “Israel-Palestine through a Settler-Colonial Studies Lens,” 570; Joseph Massad, “Israel and the West: ‘Shared Values’ of Racism and Settler Colonialism,” Middle East Eye, June 13, 2019; Jordan Humphreys, “Palestine and the Classless Politics of Settler Colonial Theory,” Marxist Left Review, June 13, 2024.
    60. Lorenzo Veracini, Israel and Settler Society (London: Pluto, 2006), 97. It is notable that Veracini, like Wolfe, fails to recognize the significance of Rodinson’s Israel: A Colonial Settler State, stating that it was published in “the 1970s” (the time when the English edition came out), even though it appeared in French in the midst of the 1967 Arab-Israeli War, and had an enormous influence at the time, instilling throughout the world increased awareness of Israeli settler colonialism.
    61. Claudia de Martino and Ruth Hanau Santini, “Israel: A Demographic Ticking Bomb in Today’s One-State Reality,” Aspenia Online, July 10, 2023.
    62. Varun Jain, “Interactive: Comparing Military Spend around the World,” Visual Capitalist, June 4, 2023; “Israel: Military Spending, Percent of GDP,” Global Economy, theglobaleconomy.com; U.S. Congressional Research Service, Nuclear, Biological, and Chemical Weapons and Missiles: Status and Trends (Washington, DC: Congressional Research Service, February 20, 2008), 16.
    63. Thomas Trask and Jacob Olidort, “The Case for Upgrading Israel’s ‘Major Non-NATO Ally’ Status,” Jewish Institute for National Security of America, November 6, 2023.
    64. Craig Mokhiber, “WEOG: The UN’s Settler-Colonial Bloc,” Foreign Policy in Focus, September 4, 2024, fpif.org.
    65. Max Ajl, “Palestine’s Great Flood, Part I,” Agrarian South: Journal of Political Economy 13, no. 1 (March 2024): 62–88; Esther Farmer, Rosalind Pollack Petchesky, and Sarah Sills, A Land with a People: Palestinians and Jews Confront Zionism (New York: Monthly Review Press, 2021).
    66. Bruce Johansen and Roberto Maestas, Wasi’chu: The Continuing Indian Wars (New York: Monthly Review Press, 1979), 5, 11, 16, 18; Black Elk and John G. Neihard, Black Elk Speaks: Being the Life Story of a Holy Man of the Oglala Sioux (New York: William Morrow, 1932), 7–9.
    67. Alice Walker, Living by the Word: Selected Writings 1973–1987 (New York: Harcourt Brace Jovanovich, 1981), 144–49.
    68. Wasi’chu, as understood here, is essentially a materialist perspective, where a generalized human nature characteristic of certain groups of social actors is seen as a reflection of an underlying logic or system. In Marx’s terms, the capitalist is presented as a personification of capital. This is in contrast to a Weberian style ideal type, rooted in methodological individualism, where social structures are interpreted in terms of a type of social action with subjective meaning traceable to a type of methodological individual. Thus, from that perspective, it is the methodological individual of the settler who is at the root of settler type meanings/actions and is the basis of colonialism/settlerism. The ideal type of the settler constitutes, rather than is constituted, and is not itself the product of an ensemble of social relations. Marx, Capital, vol. 1 ,92.
    69. The Red Nation, The Red Deal (New York: Common Notions, 2021), 7, 13, 135–37; Veracini, “Israel-Palestine Through a Settler-Colonial Studies Lens,” 570–71.

    2025, Volume 76, Number 09 (February 2025)