Geopolitics of Capitalism State of Power 2025

4 February 2025

120 minutes read

Geopolitical rivalry is reshaping our planet as reactionary nationalists take power and global tensions mount. Our 13th State of Power report explores whether this is the end of US imperialism and the beginning of a Chinese empire, the way nationalism is reshaping neoliberal globalisation, and the implications of a shifting global order for the vast majority of the world and for social movements fighting for justice.

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Geopolitics of Capitalism: State of Power 2025 (PDF, 10.94 MB)

Average time to read: 120 minutes minutes

Publication type: Online report
Part of series: State of Power , 2025

Authors

Nick Buxton
Adam Tooze
Walden Bello
Ilias Alami
Jessica DiCarlo
Steve Rolf
Seth Schindler
Tica Font
Rafeef Ziadah
Ana Garcia
Sean Kenji Starrs
Benjamin Wray
Husam Mahjoub
Juan Lovera
Iqra Anugrah
Kai-Hsin Hung
Shehzil Malik

Infographics

Essays

A Fractured World: Reflections on Power, Polarity and Polycrisis

Podcast

Nick Buxton in Conversation with Adam Tooze and Walden Bello.

Listen to the podcast - 1:15:19

Authors

Nick Buxton
Adam Tooze
Walden Bello
Ilias Alami
Jessica DiCarlo
Steve Rolf
Seth Schindler
Tica Font
Rafeef Ziadah
Ana Garcia
Sean Kenji Starrs
Benjamin Wray
Husam Mahjoub
Juan Lovera
Iqra Anugrah
Kai-Hsin Hung
Shehzil Malik

REVIEWERS: Chenchen Zhang, Jordi Calvo Rufanges, Julian Germann, Kenneth Haar, Adam Hanieh, Muzan Al-Neel, Sofia Scasserra, Josephine Solanki, Lavinia Steinfort
EDITOR: Nick Buxton
COPYEDITOR: Deborah Eade
EDITORIAL ADVISORY BOARD: Gonzalo Berrón, Anuradha Chenoy, Deborah Eade, Dana Abi Ghanem, James Goodman, Nuria del Viso
ILLUSTRATOR: Shehzil Malik
INFOGRAPHIC RESEARCH: Ben Wray
DESIGN: Evan Clayburg