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Archive | December, 2017

At an establishment in Sydney, Australia, that accepts payment in bitcoin.

Making merry on bitcoin

Bitcoin has left the world of finance gasping. Although the total market value of all that cryptocurrency in circulation is only a fraction of the value of the world’s financial assets, the rapid rise in the value of the currency has made it the most wanted of those assets. On January 1, 2017, the currency […]

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The Battle of Plassey (Palashi, India)

Marx on imperialism

On February 19, 1881, Karl Marx had written a remarkable letter to N.F. Danielson, the renowned Narodnik economist who had also gone under the name of Nikolayon and whose work had been much discussed by Lenin.

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Strike

Taxes, inequality, and class power

No doubt about it, the recently passed tax bill is terrible for working people.  But as Lance Taylor states in a blog post titled “Why Stopping Tax ‘Reform’ Won’t Stop Inequality”: “Inequality isn’t driven by taxes—its driven by the power of capital in relation to workers.”  Said differently we need to concentrate our efforts on […]

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Trump Tower and Flag.

From progressive neoliberalism to Trump and beyond

Whoever speaks of “crisis” today risks being dismissed as a bloviator, given the term’s banalization through endless loose talk. But there is a precise sense in which we do face a crisis today. If we characterize it precisely and identify its distinctive dynamics, we can better determine what is needed to resolve it.

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Laurent Joffrin and Alain Badiou

Alain Badiou debates reformist Laurent Joffrin

Alain Badiou is former chair of philosophy at École normale supérleure and author of In Praise of Politics. Laurent Joffrin is editor of Libération newspaper—and a reformist who defends existing social democracy. Alain Badiou recently announced that he would stop running his seminar. He also announced that he would soon be publishing The Immanence of Truths, completing […]

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Utopia © NottsExMiner | Flickr

Concrete utopia

Where is Utopia today? Is this question relevant? One might argue that the term utopia is incongruous with the politics of our time, to say the least. Not only does the term ‘utopia’ indicate no place, when it found a place, it was mistreated and mutilated. What would be the place for utopian thinking in […]

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Victor Grossman in Berlin in November 2009

No Berlin Bulletin—just birds and hopes

The fights which must be fought and difficulties endured may perhaps be a mite easier and lighter if accompanied by occasional deep breaths of nature with its simple joys, and the freedom hopes, the values and solidarity I sometimes found there and enjoyed so greatly, may also contribute just a little to efforts of good […]

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Photo Credit: Investig’Action

Yemen: A western-sponsored genocide

The lack of media interest makes it seem like a crisis unfolding in slow motion. But that is only because outrage and compassion are now meant to be weaponised when they can be useful in justifying imperialist interventions. For the Yemeni people the agony is real and there is no escaping it.

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Protesters in St. Petersburg, Russia, on Sunday. The nationwide demonstrations were the most extensive show of defiance in years.

Poll finds growing demand for reform in Russia

According to a survey by the Russian Academy of Sciences, 51% of Russians believe the country needs “significant reform” over “stability.” Though a small majority, that’s the first time “reform” has won out since before 2003, perhaps indicative of a changing political mood locally. Per the polling, the younger generation is the most pro-reform, with […]

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Protest photo (Photo Credit: Amy Osika)

Debt comes for us all

“DON’T LET YOUR CHILDREN GO INTO CRIPPLING DEBT LIKE I HAVE!” I shout, as I and a group of students with SENS-UAW make our way to a major intersection just off Union Square. We wave signs, hoist our banner and merge into the crowd. We are protesting the new GOP tax bill, which will affect […]

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Rolling Rebellion demonstration in Seattle to defend Net Neutrality • Photo by Backbone Campaign

Net neutrality and the socialist moment

In recent months, one of the United States’ most important debates has revolved around the broad concept of Net Neutrality (NN). Without delving into the technicalities, the concept of NN is that internet service providers (ISPs) cannot privilege or restrict internet data. Basically, once you’ve purchased your internet package with the requisite bandwidth parameters, your […]

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Used until just 30 years ago, the humble canary was an important part of British mining history.

Division, distraction, and domination: Revisiting the miner’s canary

A magazine owned by billionaire Michael Bloomberg recently reported on workers’ declining share of national income. “Why don’t workers get the full benefit of rising productivity? No one has good answers,” it stated, to the merriment of left Twitter. A raft of memes reminded Bloomberg Businessweek of the lessons of Piketty, Marx, and political economy […]

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