Sunday, October 06, 2024

Gilbert Achcar

‘Israel has openly threaten to transform parts of Lebanon into another Gaza’


First published in French at l’Anticapitaliste. Translation from International Viewpoint.

Since September 23, the Israeli army’s bombings in Lebanon have led to the death of more than a thousand people, the departure to Syria of 100,000 people and the displacement of a million people, out of the approximately 5 million inhabitants of Lebanon. Interview with Gilbert Achcar, Lebanese activist and professor at the University of London conducted on September 30.

There is every reason to fear that the mid-September attacks in Lebanon have launched a new sequence of the war that began in October 2023 in Gaza...

Since Israel has basically completed the most intensive stage of its destruction in Gaza, it is now turning against Lebanon, against Hezbollah to secure its northern border. It is doing this by leaving Hezbollah with no choice but to capitulate and withdraw away from the border or face an all-out war. The Israelis have begun a gradual escalation of violence that has now culminated in the decapitation of Hezbollah, including the assassination of its leader Hassan Nasrallah, and are refusing any offer of a ceasefire. With an outright capitulation of the organization unlikely, one must prepare for continued escalation, including the intervention of ground troops in ad hoc operations, all aimed at inflicting the greatest possible damage on the organization and dismantling its infrastructure.

How is what is happening today different from previous conflicts: 2006, 1982?

In 1982, Israel invaded half of Lebanon , up to the capital Beirut, which was besieged by Israeli troops in September. Very quickly, the resistance, initially launched by the communists, forced back the Israeli army, which confined itself to a portion of southern Lebanon for several years (18 years of occupation) until it had to abandon it in 2000. Israel suffered a political defeat in this regard. As much as the war had scored a point for the State of Israel vis-à-vis the PLO (Palestine Liberation Organization) which had had to evacuate Beirut in 1982, Israel showed itself vulnerable to the resistance that developed in Lebanon.

In 2006, Israel had taken into account the lessons of 1982 and therefore did not envisage a permanent occupation. There was an incursion of troops which encountered fierce resistance, more costly than expected. That war also ended in a fiasco for Israel, in the sense that Hezbollah, far from being destroyed, emerged stronger in the end because it rebuilt its arsenal and greatly expanded it. The lesson that the Israeli army learned from 2006 was not to take risks when they intervene in populated areas like Gaza or Lebanon, especially urban areas, but to destroy everything before entering, which resulted in the terrible destruction of Gaza and the genocidal nature of the war waged against the enclave. In Lebanon, they have not yet reached that stage, but they openly threaten to transform parts of Lebanon into another Gaza.

After the death of Hassan Nasrallah, what does Hezbollah represent in Lebanon today?

The organization has been greatly weakened not only by the assassination of Nasrallah, but also by the dismantling of its internal communications network and the assassination of several of its military leaders. The organization has been truly decapitated. It will reconstitute itself and attempt to reconstitute its arsenal, although Israel is making this increasingly difficult by bombing the transport routes in Syria through which weapons can reach Hezbollah from Iran.

On the political level, there is also a considerable weakening of the organization. Hezbollah certainly retains its social base, a large part of which depends financially on the organization. But there is a strong disaffection among the Lebanese population that began with Hezbollah’s intervention in Syria with the Assad regime. This intervention has greatly changed the image of Hezbollah in Lebanon and in the region: from fighting against Israel, the organization had moved to fighting in defense of a bloodthirsty regime. Hezbollah has appeared more than ever as being above all an auxiliary of Iran.

Today, a large part of the Lebanese population reproaches Hezbollah for involving Lebanon in the war with Israel in the name of solidarity with Gaza, even if it is in a limited way, pointing out the fact that Syria, which is supposed to be part of the same "axis of resistance" and which certainly has much more means than Hezbollah, is doing nothing at all. Similarly, Iran, the leader of the same "axis," does little beyond speeches. Only once, in retaliation for the assassination of Iranian leaders in Damascus last April, did Iran launch missiles and drones against Israel with advance notice that helped make their impact negligible.

Many in Lebanon are therefore asking, "Why should we, a small country, the weakest in the region, suffer consequences on behalf of Iran?" This type of argument has become very strong today. Hezbollah has claimed until now that it constitutes a kind of shield, a security guarantee for Lebanon against Israel, but this argument is being undermined by Israel’s spectacular demonstration of its great military, technological and intelligence superiority.

Indeed, with the risk of seeing Lebanon destroyed...

Part of Lebanon rather, because Israel is specifically targeting Hezbollah, the regions where it is present. It is playing on sectarian divisions and even divisions within the Shiites themselves who are divided in Lebanon into two allied but very distinct camps: Hezbollah on the one hand and Amal on the other. The Amal movement has not been involved in the ongoing fight against Israel and does not depend on Iran like Hezbollah. Israel is therefore playing on this and is specifically targeting the regions and areas controlled by Hezbollah. There is a strong fear that the threat of transforming this part of Lebanon into Gaza mark 2 will be implemented.

How can we build solidarity for anti-capitalists and anti-colonialists when we do not share the political projects of the forces present?

Solidarity must always be conceived as independent and critical. The notion of "unconditional solidarity" does not seem useful to me. Solidarity with a force whose profile one does not share must always be critical in the sense that one must show solidarity with the victim against the main oppressor, without forgetting that this victim may in turn be in a situation of oppression vis-à-vis others.

If tomorrow there were an offensive by Israel and the United States against Iran, we would have to mobilize powerfully against it as an imperialist aggression, without however "unconditionally" supporting the Iranian regime and even less supporting it against its population if it rose up on occasion.

In the same way, in 1990-91, we had to mobilize against the imperialist aggression against Iraq, without however supporting the regime of Saddam Hussein, and even less its bloody repression of the populations of the south and north of the country who rose up on occasion. We must not fall into either of these traps.

There are people on the left who, in the name of the nature of Hezbollah as a confessional and fundamentalist organization subservient to the Iranian regime of the mullahs, come to adopt neutral attitudes, which sometimes even border on support for Israel. This must be strongly opposed: we must not hesitate at all to mobilize against Israeli aggression, that of a colonial, oppressive and predatory state. Whatever the dominant political leaderships on the other side, resistance to the colonial aggressor is right.

But we must not fall into the other trap of making Hezbollah or Hamas – or even worse, the Houthis of Yemen who are the equivalent of the Taliban – progressive champions. These are forces that, on the social and cultural level, can be quite reactionary, and brutal dictatorships like the Syrian and Iranian regimes.


Focus turns to Lebanon


Wednesday 2 October 2024, by Gilbert Achcar

Below we publish two articles from Gilbert Achcar. The first is an interview with Fabienne Dolet for the French newspaper l’Anticapitaliste conducted on September 30 and the second a piece originally published on 1 October. Both deal with Israel’s shift to Lebanon over the last week but with different, complementary focii which is why we are publishing them together.

"Israel is now turning against Lebanon to secure its northern border"

Since September 23, the Israeli army’s bombings in Lebanon have led to the death of more than a thousand people, the departure to Syria of 100,000 people and the displacement of a million people, out of the approximately 5 million inhabitants of Lebanon. Interview with Gilbert Achcar, Lebanese activist and professor at the University of London.

There is every reason to fear that the mid-September attacks in Lebanon have launched a new sequence of the war that began in October 2023 in Gaza...

Since Israel has basically completed the most intensive stage of its destruction in Gaza, it is now turning against Lebanon, against Hezbollah to secure its northern border. It is doing this by leaving Hezbollah with no choice but to capitulate and withdraw away from the border or face an all-out war. The Israelis have begun a gradual escalation of violence that has now culminated in the decapitation of Hezbollah, including the assassination of its leader Hassan Nasrallah, and are refusing any offer of a ceasefire. With an outright capitulation of the organization unlikely, one must prepare for continued escalation, including the intervention of ground troops in ad hoc operations, all aimed at inflicting the greatest possible damage on the organization and dismantling its infrastructure.

How is what is happening today different from previous conflicts: 2006, 1982?

In 1982, Israel invaded half of Lebanon , up to the capital Beirut, which was besieged by Israeli troops in September. Very quickly, the resistance, initially launched by the communists, forced back the Israeli army, which confined itself to a portion of southern Lebanon for several years (18 years of occupation) until it had to abandon it in 2000. Israel suffered a political defeat in this regard. As much as the war had scored a point for the State of Israel vis-à-vis the PLO (Palestine Liberation Organization) which had had to evacuate Beirut in 1982, Israel showed itself vulnerable to the resistance that developed in Lebanon.

In 2006, Israel had taken into account the lessons of 1982 and therefore did not envisage a permanent occupation. There was an incursion of troops which encountered fierce resistance, more costly than expected. That war also ended in a fiasco for Israel, in the sense that Hezbollah, far from being destroyed, emerged stronger in the end because it rebuilt its arsenal and greatly expanded it. The lesson that the Israeli army learned from 2006 was not to take risks when they intervene in populated areas like Gaza or Lebanon, especially urban areas, but to destroy everything before entering, which resulted in the terrible destruction of Gaza and the genocidal nature of the war waged against the enclave. In Lebanon, they have not yet reached that stage, but they openly threaten to transform parts of Lebanon into another Gaza.

After the death of Hassan Nasrallah, what does Hezbollah represent in Lebanon today?

The organization has been greatly weakened not only by the assassination of Nasrallah, but also by the dismantling of its internal communications network and the assassination of several of its military leaders. The organization has been truly decapitated. It will reconstitute itself and attempt to reconstitute its arsenal, although Israel is making this increasingly difficult by bombing the transport routes in Syria through which weapons can reach Hezbollah from Iran.

On the political level, there is also a considerable weakening of the organization. Hezbollah certainly retains its social base, a large part of which depends financially on the organization. But there is a strong disaffection among the Lebanese population that began with Hezbollah’s intervention in Syria with the Assad regime. This intervention has greatly changed the image of Hezbollah in Lebanon and in the region: from fighting against Israel, the organization had moved to fighting in defense of a bloodthirsty regime. Hezbollah has appeared more than ever as being above all an auxiliary of Iran.

Today, a large part of the Lebanese population reproaches Hezbollah for involving Lebanon in the war with Israel in the name of solidarity with Gaza, even if it is in a limited way, pointing out the fact that Syria, which is supposed to be part of the same "axis of resistance" and which certainly has much more means than Hezbollah, is doing nothing at all. Similarly, Iran, the leader of the same "axis," does little beyond speeches. Only once, in retaliation for the assassination of Iranian leaders in Damascus last April, did Iran launch missiles and drones against Israel with advance notice that helped make their impact negligible.

Many in Lebanon are therefore asking, "Why should we, a small country, the weakest in the region, suffer consequences on behalf of Iran?" This type of argument has become very strong today. Hezbollah has claimed until now that it constitutes a kind of shield, a security guarantee for Lebanon against Israel, but this argument is being undermined by Israel’s spectacular demonstration of its great military, technological and intelligence superiority.

Indeed, with the risk of seeing Lebanon destroyed...

Part of Lebanon rather, because Israel is specifically targeting Hezbollah, the regions where it is present. It is playing on sectarian divisions and even divisions within the Shiites themselves who are divided in Lebanon into two allied but very distinct camps: Hezbollah on the one hand and Amal on the other. The Amal movement has not been involved in the ongoing fight against Israel and does not depend on Iran like Hezbollah. Israel is therefore playing on this and is specifically targeting the regions and areas controlled by Hezbollah. There is a strong fear that the threat of transforming this part of Lebanon into Gaza mark 2 will be implemented.

How can we build solidarity for anti-capitalists and anti-colonialists when we do not share the political projects of the forces present?

Solidarity must always be conceived as independent and critical. The notion of "unconditional solidarity" does not seem useful to me. Solidarity with a force whose profile one does not share must always be critical in the sense that one must show solidarity with the victim against the main oppressor, without forgetting that this victim may in turn be in a situation of oppression vis-à-vis others.
If tomorrow there were an offensive by Israel and the United States against Iran, we would have to mobilize powerfully against it as an imperialist aggression, without however "unconditionally" supporting the Iranian regime and even less supporting it against its population if it rose up on occasion.

In the same way, in 1990-91, we had to mobilize against the imperialist aggression against Iraq, without however supporting the regime of Saddam Hussein, and even less its bloody repression of the populations of the south and north of the country who rose up on occasion. We must not fall into either of these traps.

There are people on the left who, in the name of the nature of Hezbollah as a confessional and fundamentalist organization subservient to the Iranian regime of the mullahs, come to adopt neutral attitudes, which sometimes even border on support for Israel. This must be strongly opposed: we must not hesitate at all to mobilize against Israeli aggression, that of a colonial, oppressive and predatory state. Whatever the dominant political leaderships on the other side, resistance to the colonial aggressor is right.

But we must not fall into the other trap of making Hezbollah or Hamas – or even worse, the Houthis of Yemen who are the equivalent of the Taliban – progressive champions. These are forces that, on the social and cultural level, can be quite reactionary, and brutal dictatorships like the Syrian and Iranian regimes.

30 September 2024

Translated by International Viewpoint from l’Anticapitaliste.


Hezbollah’s Miscalculation

Last week, we wondered “whether the sudden escalation in what we called the ‘Israeli strategy of intimidation’ is paving the way for a full-scale aggression against Lebanon that would include indiscriminate heavy bombing of all areas where Hezbollah is present, including the densely populated southern suburb of Beirut”. This led us to another question: will US President Biden “pressure Netanyahu firmly enough to prevent war… or will he once again go along with his friend’s criminal endeavour, even if accompanied by an expression of regret and resentment meant to deflect the blame in his and his Secretary of State Blinken’s usual hypocritical way?” (“Strategic Reflections on the Escalation of Israeli Intimidation in Lebanon”, 24/9/2024).

The answer to these two interconnected questions was not long in coming: the Israeli ministry of Aggression (falsely called ministry of “Defence”) announced last Wednesday that its director general received a new aid package worth $8.7 billion during his visit to the US military command at the Pentagon. The ministry commented on the matter by saying that it confirms “the strong and enduring strategic partnership between Israel and the United States and the ironclad commitment to Israel’s security”. Two days later, on Friday night, the current onslaught by the Zionist armed forces on Hezbollah culminated in the assassination of the party’s Secretary-General Hassan Nasrallah and a number of its leaders, completing what turned out to be a systematic decapitation of the organization after having sabotaged its communications network, in preparation for new steps on the path to a comprehensive onslaught on the party’s areas, which have so far included intensive, concentrated bombardment and the gradual expansion of a ground invasion that Israeli sources claim will remain “limited”.

Thus, it becomes clear that the US administration’s call for a three-week ceasefire between Hezbollah and the Zionist state, which was issued after French prompting and announced in conjunction with Paris, was not sincere at all, as it was not accompanied by any actual US pressure. It is worth noting in this regard that the Washington Post published an investigation last Wednesday that showed that opinions regarding the ceasefire differed within the Biden administration, with some of its members seeing in the Israeli military escalation “a potentially effective means of degrading the Lebanese militant group”. The administration’s response to Hassan Nasrallah’s assassination, starting with Biden himself, was to applaud and praise the operation, describing it as “a measure of justice” by branding Hezbollah and its Secretary-General as terrorists. This reaction confirmed Washington’s total military and political complicity in the ongoing onslaught against Lebanon after its blatant complicity in the ongoing genocidal war in Gaza.

The Biden administration’s hypocrisy reached a new low with this, since labelling the Lebanese party as a terrorist organization is in stark contrast to the negotiations it has been conducting with it for several months, seeking what it called a “diplomatic solution” to the conflict between it and the Zionist state. How could Washington negotiate with a “terrorist group”, through the mediation of Lebanese Parliament Speaker Nabih Berri, Hezbollah’s political (but not military) ally, and seek a diplomatic settlement with such a group? Not to mention that there is no type of act that could be described as terrorist that the Zionist state has not committed with an intensity and murderous brutality that surpass everything that Washington has described and continues to describe as terrorist (ignoring what it itself has committed, of course).

Here is once again, after the genocidal war in Gaza, a malicious justification for a war aiming at the eradication of a mass organization that has several elected MPs and oversees a large civilian quasi-state apparatus, by branding it as a whole as terrorist, without even distinguishing between its military wing and its civilian institutions. In contrast to the case of Hamas, whose Operation “Al-Aqsa Flood” was widely exploited to stick that label to it, Hezbollah under the leadership of Hassan Nasrallah did not carry out any act that could be described as terrorist in the sense of deliberately attacking Israeli or US civilians or non-combatants. They therefore recalled the 1983 attacks that targeted the US embassy, and US and French troops participating in the “Multinational Force” in Lebanon, and even attributed these attacks to Hassan Nasrallah, who was not in the party’s leadership at the time and was only 23 years old! In fact, Nasrallah supervised the party’s transformation towards engaging in Lebanese political life by taking part in parliamentary elections for the first time in 1992, the year he assumed the position of Secretary-General.

Last week, we described how Hezbollah’s calculation in waging a limited battle against Israel in support for Gaza had begun to backfire on it, as it found itself “trapped in mutual, but unequal, deterrence” with the Zionist army. The truth is that the party fell into the trap set for it by Israel, through its insistence on continuing to exchange fire with it “until a ceasefire in Gaza”, while it became clear that the weight of the battle was shifting from the wracked Strip to Lebanon. It would have been more appropriate for the party to publicly announce its acceptance of the French-US call for a three-week ceasefire (especially since it was in dire need of catching its breath and restoring its leadership apparatus after its communications network was blown up) and a cessation of military operations on its part, which would have been an embarrassment to the Zionist government and would have exposed it to intense international pressure urging it to follow suit.

Recent days have made it clear that Hezbollah’s perception of “mutual deterrence” between it and the Zionist state did not sufficiently take into account the unequal nature of this deterrence (a miscalculation similar to Hamas’s, albeit much less serious), and that its perception of the commitment of its sponsor in Tehran to defending it was also illusory, as Iran responded to the repeated attacks that Israel has been launching directly against it only once, last April, and in a manner that was almost more symbolic than harmful.

It seems that Hezbollah has confirmed its willingness to return to implementing UN Security Council Resolution 1701 of 2006, which calls for the withdrawal of its forces to the north of the Litani River, thus acknowledging the imbalance of power between it and the Zionist state and accepting the condition that was imposed on it through US mediation. This willingness was confirmed by the Lebanese caretaker Prime Minister, Najib Mikati, following his meeting with Nabih Berri. It is therefore worth wondering about the utility of insisting on continuing to fight until a ceasefire is reached in Gaza, thus giving the Zionist government a pretext to further escalate its onslaught against Lebanon and against Hezbollah in particular.

1 October 2024

Source Gilbert Achcar’s blog. Originally published in Arabic on Al-Quds al-Arabi.

Class analysis and Russian imperialism: A response to Ilya Matveev

In his interview, “Political imperialism, Putin’s Russia, and the need for a global left alternative,” Ilya Matveev suggests that Russia’s invasion of Ukraine was motivated almost entirely by Vladimir Putin’s ideological fears and concerns for his regime’s preservation. Matveev contends these actions lacked economic rationale and were driven by ideology alone. While this interpretation has some merit, it oversimplifies the structural forces at play. By focusing primarily on ideology and Putin’s personal motivations, Matveev overlooks broader class dynamics and the material interests of Russia’s capitalist class, which are crucial to understanding Russia’s post-2014 foreign policy.

Karl Marx argued that to fully grasp the actions of a state, one must first examine the economic base — specifically the interests of the ruling class. A class analysis reveals that the war is not simply the result of geopolitical fears but reflects the economic interests of Russia’s capitalist class. The invasion of Ukraine is part of a broader interplay between the capitalist logic of profit maximisation and the power logic of geopolitical control, both of which shape Russia’s imperialist ambitions.

The limitations of the individual-centric explanation

Matveev claims Russia’s post-2014 actions, including the annexation of Crimea, can be understood through Putin’s ideological fear of Western regime change. He argues: “There was no economic logic to annexing Crimea.” However, as Marx pointed out, the state functions as a tool of the ruling class, and its actions must be understood within the context of the economic system that underpins it. By focusing solely on ideology, Matveev overlooks the material interests of Russia’s political capitalists, who have profited from the annexation and the war.

Boris Kagarlitsky notes in his analysis of Russia’s peripheral imperialism that the ruling class is not simply motivated by nationalistic or ideological concerns. Crimea’s annexation is not an isolated case but part of a broader economic strategy. This strategy reflects the interests of Russia’s political capitalist class, which has exploited the war for profit opportunities, particularly in state-led projects and infrastructure development. State contracts for energy, construction, and defence activities have proliferated in the newly annexed territories, providing lucrative avenues for capital accumulation.

Economic rationale for the invasion of Ukraine

While Matveev emphasises the ideological motives behind Russia’s actions, the economic rationale is equally critical. Samir Amin has argued that imperialism is often driven by the need for capital to find new outlets for investment to counter the effects of over-accumulation in the imperialist centre. The invasion of Ukraine provided precisely these opportunities for Russia’s political capitalist class, a common ruling elite in the post-Soviet space as argued, for example, by Volodymyr Ishchenko. Being in essence “political capitalists,” the ruling class is heavily dependent on state contracts and public resources for their wealth, and additional expenditures on territorial expansion are seen as investments that open new channels for profit-making.

Military Keynesianismcharacteristic of the Russian economy in the past two years, far from depriving capitalists from their profits, has created new profitable investment opportunities. The invasion has spurred significant investments in infrastructure projects, particularly in transportation, energy, and public construction, with Russian firms benefiting from state contracts. This highlights the capitalist logic behind the war: the Russian state, controlled by the political capitalists, redirects public funds into sectors dominated by the ruling class, ensuring continued capital accumulation while at the same time counteracting the key feature of capitalism identified by Marx — the falling rate of profit. Long-term government contracts guaranteeing stable demand and profits stabilise the capitalist system.

This is even more true in the case of the military-industrial complex. The conflict has generated significant profit opportunities for Russia’s military-industrial complex, as defence spending and state contracts for military production have surged. The sheer number of recent corruption cases opened against Russian defence officials (including in the top echelons) and military suppliers gives an idea of just how much money has flooded into the military-industrial complex, overwhelming its capacity to absorb it efficiently. As vast sums of capital are funnelled into defence contracts, the opportunities for graft, kickbacks, and embezzlement multiply, revealing the system’s inability to manage such huge inflows without leakages.

These corruption scandals are not merely incidental but symptomatic of a larger problem: the saturation of the military sector with surplus capital that far exceeds its productive or strategic needs. In many ways, this mirrors Paul A Baran and Paul Sweezy’s concept of “ waste spending,” where the state directs resources into unproductive sectors as a way to stabilise the economy. Inflated prices and military spending inefficiencies become avenues for the ruling class to extract profits, even as corruption erodes the intended military objectives. This overflow of capital, rather than strengthening Russia’s military capabilities, often serves the interests of political capitalists who benefit from the bloated system.

(Of course, this is also true for the Western military-industrial complex, which is thriving on a surge of new military orders. US Senate Republican Leader Mitch McConnell publicly stated that military aid to Ukraine has allowed the US to develop cutting-edge technology that will be crucial in future global competition, especially against rivals such as Russia and China, while boosting US job creation through increased production for defence contracts.)

These factors show that, as Marx argued, the economic base — capital accumulation — is driving the superstructure, including the state’s imperialist actions. Indicators of financial returns in Russia reached their highest level in a decade in 2021 and have remained there since. Return on sales jumped from about 9% to almost 15%. Far from acting on ideological whims, the Russian ruling class is pursuing material interests through territorial expansion.

Financial return indicators in Russia
Financial return indicators in Russia

Class interests in Russia and Ukraine: A divergence in capital accumulation

To better understand Russia’s actions, it is also necessary to examine the differing patterns of capital accumulation in Russia and Ukraine, as highlighted by Ishchenko. He points to the conflict being rooted in contradictions within the Ukrainian national bourgeoisie, who are divided by their attitudes toward transnational capital: the accommodationist faction and the faction of political capitalists. I argue, however, that this division is grounded in material conditions, specifically the types of assets owned by these groups. The accommodationist faction relies on more mobile financial capital, whereas the other faction is tied to less mobile industrial capital, which is more vulnerable to competition from Western capital. Although both factions are ultimately political capitalists, given the origins of their wealth, the second group is less dependent on state patronage. This class struggle reflects broader trends in capital mobility and varying degrees of state dependency.

In Russia, rapid growth in the 2000s and early 2010s (averaging 5.2% annually between 1999 and 2014), particularly in the energy sector, generated substantial capital surpluses that needed reinvestment. But profitable investment opportunities were in short supply (save for a few extractive industries and real estate development). This explains, among other things, the huge capital flight from Russia. Russian capitalists looked to former Soviet republics, including Ukraine, as investment outlets. However, the growing presence of Western capital in these regions threatened Russian interests. Amin argued that the global expansion of imperialist powers often provokes resistance from local capitalist classes, who seek to protect their spheres of influence. The annexation of Crimea and invasion of Ukraine, therefore, reflect the Russian capitalist class’s need to protect its interests in these regions.

In contrast, Ukraine’s lower growth rates meant its financial bourgeoisie had accumulated less capital. Ukrainian capitalists, particularly those with ties to mobile financial capital, were more inclined to cooperate with Western capital, as a way to safeguard their investments. This divergence in capital accumulation patterns explains why Russia chose confrontation while Ukrainian elites sought Western integration.

Ukraine's GDP as a percentage of Russia's GDP per capita
Ukraine's GDP as a percentage of Russia's GDP per capita

Russia’s rupture with the West: A class-driven decision

Matveev suggests that the rupture between Russia and the West in 2014 was driven by Putin’s ideological concerns. However, as Claudio Katz points out in his analysis of global imperialism, different forms of imperialism emerge based on the specific class configurations of each country. In Russia’s case, the rupture was not solely the result of Putin’s ideological preferences but reflected deeper class dynamics.

Before 2014, Russian and Western capitalists cooperated profitably, as Matveev acknowledges. However, Western capital’s growing influence in Ukraine and other post-Soviet states increasingly threatened Russian capital’s long-term interests. Crimea’s annexation and the full-scale invasion of Ukraine were strategic moves by the Russian ruling class to protect its dominance in the region, particularly in sectors such as energy and infrastructure, which were vulnerable to Western encroachment.

Katz argues that peripheral imperialism often arises when the local ruling class, facing competition from stronger powers, adopts more aggressive postures to defend its economic interests. Russia’s actions reflect this dynamic, as its ruling class sought to delink from the West in response to the perceived threat posed by Western capital’s expansion.

Why Russia did not continue cooperation with Western capital

Unlike the Ukrainian financial bourgeoisie, which welcomed cooperation with Western capital due to its reliance on mobile financial investments, Russian capitalists were tied to less mobile, strategic industries, such as energy and defence. Marx explained that industries dependent on immobile capital require greater state protection to secure long-term profitability. For Russian capitalists, cooperation with Western capital would have undermined their strategic industries, particularly as Western firms began to dominate sectors crucial to Russia’s economy.

Kagarlitsky has noted that Russia’s ruling class faced growing pressure to maintain state control over its key industries, especially in the face of NATO expansion and Western encroachment. Crimea’s annexation and the broader rupture with the West were therefore driven by economic concerns, not simply ideological ones. Russian capitalists, particularly those tied to energy and defence, viewed confrontation with the West as necessary to protect their economic dominance.

The dialectical interplay of capitalist and power logics

While the economic motives behind Russia’s actions in Ukraine are clear, it is essential to consider the dialectical relationship between the capitalist logic of profit maximisation and the geopolitical (or territorial) logic of state control. Giovanni Arrighi pointed out in The Long Twentieth Century that, historically, these logics have not operated in isolation but rather in relation to one another. While Matveev introduces the idea of “political imperialism” driven by territorial logic (the logic of power), it is crucial to emphasise that for Arrighi, the territorial logic is often in service to, and subordinate to, the capitalist logic. Even when geopolitical strategies seem to contradict short-term economic interests, they typically create conditions that safeguard long-term capital accumulation.

Arrighi’s analysis aligns with Lenin’s argument in Imperialism, the Highest Stage of Capitalism, where imperialist expansion is presented as a necessary outcome of capitalist development. Lenin emphasised that imperialism is driven by economic needs — particularly the search for new markets and investment opportunities as capital over-accumulates in core capitalist countries. In this sense, imperialist territorial expansion, whether by trade or conquest, is fundamentally tied to the financial logic of the ruling class. Lenin argued that the export of capital and expansion of financial control through imperialism are ways for capital to overcome domestic limitations, further illustrating how economic imperatives drive geopolitical ambitions.

In Russia’s case, the war in Ukraine exemplifies this dialectical interplay. The capitalist logic is evident in the pursuit of profit through energy control, infrastructure projects, and defence contracts. Simultaneously, the power logic manifests in Russia’s effort to maintain its geopolitical influence in the post-Soviet space. However, as Arrighi and Lenin both argue, territorial expansion is rarely an end in itself. The ultimate goal is to secure the material interests of the ruling class, ensuring access to resources and markets that are vital for continued capital accumulation. Arrighi pointed out that the main reason for European expansionist imperialism in the 18-19th century was the desire to retrieve the purchasing power that was relentlessly draining from West to East and to restore economic balance. While it may be analytically useful to speak of “political imperialism,” it should not obscure the fact that geopolitical strategies are usually subordinate to the more universal logic of capital.

The class dynamics behind Russian imperialism

Matveev’s argument that the invasion of Ukraine is primarily ideologically driven fails to account for the economic rationale driving the actions of the Russian ruling class. Marx, Amin, and Kagarlitsky have all argued that imperialism is always rooted in the material interests of the capitalist class — and the war in Ukraine is no exception. The conflict is shaped by both the capitalist logic of profit maximisation and the power logic of geopolitical control, which are dialectically interconnected.

By understanding the invasion through a class analysis, it becomes clear that the war is not simply the result of ideological fears — let alone the poorly thought-through decision of one individual, however powerful — but that it is driven by the economic interests of Russia’s political capitalists. The rupture with the West was not a spontaneous decision based on Putin’s personal ideology, but a strategic move by the ruling class to protect its long-term capital accumulation. These dynamics suggest that the conflict is unlikely to end with Putin’s departure, as the structural forces shaping Russian imperialism will continue to guide the state’s actions.

But this does not mean that ruling classes never make mistakes while pursuing what they deem is their best interests. History has proven the opposite on numerous occasions. Had the ruling class always chosen the optimal survival decision, there would have been no place for revolutions and other social upheavals. This is what Marxism is essentially about: understanding that the capitalist system is riddled with contradictions, driven by the conflict between the ruling class’s pursuit of profit and the inherent instability of capital accumulation. But we should always keep in mind what Friedrich Engels said about the complex interplay of material and ideological factors in paving the way for history:

According to the Materialist Conception of History, the factor which is in the last instance decisive in history is the production and reproduction of actual life. More than this neither Marx nor myself ever claimed. If now someone has distorted the meaning in such a way that the economic factor is the only decisive one, this man has changed the above proposition into an abstract, absurd phrase which says nothing.

In Russia’s case, while the political capitalists have strategically pursued their interests through imperialist actions, including the invasion of Ukraine, this does not guarantee long-term success or stability. The war, driven by a fusion of economic and ideological motives, could exacerbate internal tensions, fuel popular discontent, and strain Russia’s economy in unforeseen ways. As Marx pointed out, the very actions taken by the ruling class to preserve its dominance can sow the seeds of future crises — and ultimately destabilise the system they aim to uphold.