Historical Materialism
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The Unit Settlement Instrument and the Material Limits of Multipolar Finance
The BRICS+ pilot of a gold-and-currency basket digital settlement token represents a significant technical experiment in parallel financial infrastructure, yet its trajectory remains constrained by the same capitalist contradictions that produced the dollar-centric order it seeks to circumvent. Editorial Analysis | September 2026 The Unit settlement instrument emerged from a specific historical conjuncture that fundamentally… Continue reading
AI and Digital Control, America, bond market, China, economics, Energy, EUROPE, Financial markets, Foreign Policy, Geopolitics, Global Finance, imperialism, iran, japan, middle east, Mineral Resources, NATO, neocolonialism, politics, reserve currency, warBelt and Road Initiative, Bishkek Declaration, BRICS, de-dollarisation, digital currency, Eurasian connectivity, financial sanctions, gold, Historical Materialism, hybrid warfare, international monetary system, International North–South Transportation Corridor, iran, Michael Hudson, multipolarity, national currencies, New Development Bank, SCO Development Bank, Sergey Glazyev, Shanghai Cooperation Organisation, Unit -
The Bishkek Declaration and the Architecture of Imperial Continuity
The Shanghai Cooperation Organisation’s unanimous condemnation of the American-Israeli attack on Iran signals more than diplomatic posturing; it exposes the deepening structural contradictions within a unipolar order that can no longer enforce its will without provoking collective resistance. Editorial Analysis | September 2026 The Shanghai Cooperation Organisation’s Bishkek Declaration, adopted on 1 September 2026, represents… Continue reading
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The Ideological Architecture of the Free Market Myth and the Material Realities of State-Enforced Capital Accumulation
Class Power, Institutional Coercion, and the Dialectical Deconstruction of Market Neutrality in International Political Economy General Article | August 2026 The conventional framing of the global economic order around principles of unencumbered market exchange systematically disguises the coercive mechanisms that sustain contemporary capital accumulation. Liberal economic theory relies upon an abstract idealisation of market dynamics… Continue reading
