FRAN HEATHCOTE believes that while the the Chancellor outlined some positive steps, the government does not appreciate the scale of the cost-of-living crisis affecting working-class people, whose lives are blighted by endemic low pay
SO SCANDINAVIAN countries Sweden and Finland are joining Nato. There are many misconceptions about Scandinavian capitalism.
A common one is the belief that since the Scandinavian countries developed vigorous capitalist economies, without ever having acquired any colonies of their own, they refute the claim that capitalist development necessarily requires imperialism. This is based on a misconception, not just about Scandinavia but above all about imperialism itself.
Indeed, one may say many positive things about the concessions wrung out of capitalism by Scandinavian social democracy (although many of these are under threat in the current epoch of neoliberalism), but it represents a complete misreading of capitalism to say that Scandinavia constitutes an example of non-imperialist capitalism. The Scandinavian countries themselves may not have had colonies, but they have ridden piggy-back on the imperialism of other powers.
Western nations’ increasingly aggressive stance is not prompted by any increase in security threats against these countries — rather, it is caused by a desire to bring about regime changes against governments that pose a threat to the hegemony of imperialism, writes PRABHAT PATNAIK
Trump’s economic adviser has exposed the actual strategy: forcing other countries to provide financial support for US hegemony



