Archive | August, 2017

With Amazon’s stock surging to well over $1,000 a share, and its head recently crowned the richest person in the world, the stakes for putting Amazon and Bezos in a critical light couldn’t be higher. Yet time and again, the pillars of US media provide them all the critical rigor a high school paper typically provides the spring dance committee.

Amazon is an unusual company. With a market capitalization hitting $500bn at the end of July and no profit to show, it is not a company trying to be a part of the market, it is trying to become the market.

I recommend this book, along with the rest of Standing’s body of work, as an example of the kind of outside-the-box thinking the Left needs in place of the dinosaur Old Left’s organization and policy models if it is to be relevant to the new economy.

I think Marxism analyses the contemporary world in a way which nobody else did. Lenin had said the strength of Marxism lies in the fact that it is true. The point is that it is a genuine scientific discovery.

Without understanding the particular plight of trans women, only a blunted and partial view of gender is possible. And without a systemic view of gender, political solutions to that plight will be equally limited.

Why are so many modern capitalist societies addicted to militarism? On the one hand, these societies are intensely growth oriented and expansionist. On the other hand, militarism is a convenient way of absorbing economic surplus and thereby countering the stagnationist propensity of monopoly capitalism.