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Marxism as Method: Vijay Prashad on Power, Planning & the Global South Analytics Table

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About Marxism as Method: Vijay Prashad on Power, Planning & the Global South

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We live in a world saturated with explanations—market correction, security concern, geopolitical necessity—yet strangely starved of understanding. In this episode of Dark Matter, Bright Minds, Pritha Kejriwal speaks with Vijay Prashad—author, historian, journalist, and Executive Director of Tricontinental: Institute for Social Research—about how a Marxist method helps us ask the question that often disappears from mainstream narratives: Who benefits? Who bears the cost? And who decides what is “inevitable”? From capitalism’s cycle of crises and the politics of private property, to the Global South’s structural position in the world order, to what Prashad calls hyper-imperialism—the use of military power for economic and political gains—this conversation moves from first principles to present crisis. We also discuss: • Why “markets” are not synonymous with capitalism (and why that branding matters) • Planning, information, and the question of who plans—and for what purpose • BRICS, “multipolarity,” and why Prashad prefers “a new mood in the Global South” • International law as “a great idea” that is routinely violated • Gaza as a stress test for the world order—and the limits of rhetorical support • The Indian left, caste hierarchy, money in elections, and the collapse of social democracy • AI as a tool, ownership of platforms, and the battle of ideas • A practical definition of socialism: a Kerala policy decision that changed girls’ education outcomes • If you’re trying to understand the world beyond its ready-made vocabulary—this episode is for you. • Subscribe for more long-form conversations at the intersection of ideas, politics, history, science, and power. Presented by Kindlecast. Hosted by Pritha Kejriwal. 🎧 Available now on YouTube, Spotify, and Apple Podcasts. Chapters: 00:00 - Introduction 04:27 - Marxism Explained Through Debt, Jobs, and Everyday Struggle 09:33 - Capitalism Needs Crises: Why Economic Collapse Is Inevitable 15:04 - Can Democratic Planning Work in a Data-Driven World? 21:08 - What the “Global South” Really Means Today 25:51 - Hyperimperialism: How the US Uses Military Power for Economic Control 32:13 - International Law vs Empire: Who Breaks the Rules? 35:16 - Multipolar World or Elite Power Game? 41:14 - Gaza, Global Power, and the Collapse of Moral Authority 45:38 - What the Indian Left Gets Wrong About Caste and Class 56:36 - Why Young People Are Turning Back to Socialism 01:02:33 - AI, Capitalism, and the Fight for Democratic Technology 01:10:13 - What Socialism Actually Looks Like in Practice

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