Since the 2008 crisis neoliberal globalization has suffered a crisis of legitimacy. Two emerging transnational power projects have emerged advocating different methods to stabilize global capitalism and promote new paths of accumulation. Carl Davidson speaks on the rise of authoritarian capitalism, its political character, class forces and militarized accumulation. Jerry Harris speaks on green capitalism, its economic and social base, as well as the Green New Deal as a counter-hegemonic effort. The discussion addresses how the current uprising affects these hegemonic projects, as well as the US/China relationship in the context of global hegemony.
Carl Davidson, was a 1960s leader of Students for a Democratic Society and is currently leader of Committees of Correspondence for Democracy and Socialism. Jerry Harris is national secretary of the Global Studies Association.