Very eloquent summary, Julio, which is excellent but for the lack of attention to the overaccumulation dynamic. Doesn't that feature in your story? (That's also where Sam, Leo, Doug, Giovanni and a few others depart from the crisis theorists.) So in addition to, and both causing and flowing from inequality, the Achilles Heel must include the periodic rise of crisis tendencies to become serious factors in political economy, geopolitics and political-ecological relations.
Julio Huato wrote:
... If we regard economic theory as the highest form of ideological rationalization of historical capitalism, then inequality is its Achilles Heel. There's nothing (absolutely nothing!) in the robust elements of economic theory that can justify inequality. That's why the economists would rather shift the focus to markets. Regarding (6), specifically global warming and its quickly growing effects, the best strategy is to leverage the popular discontent against imperialism and inequality to push for a just distribution of the damage.
And two active campaigns stand out: 'keep the oil in the soil' (and resources in the ground) and 'ecological debt' that the North owes the South, both advanced by the Oilwatch network (hq just moved from Quito to Port Harcourt) and Jubilee South. And of course campaigns to rein in and even defund the Bretton Woods Institutions and halt the WTO and other multilateral and bilateral power plays.
