Monopoly vs. competition
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A Monthly Review project providing daily news and analysis of capitalism, imperialism and inequality rooted in Marxian political economy
Monopoly vs. competition
I don’t expect any of those who supported this barbarism on the left to change position, they are much too invested and beyond the politics—the moral implications of their collaboration is quite obvious. That is why they would never bring themselves to admit that they were wrong.
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 […]
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.
The global labor arbitrage means the only competitive “advantage” available to most countries is forcing workers to accept slave wages and environmental standards low enough to lure in multinationals. If the population resists, the only means available to diffuse it is brutal repression.
Trump sent a message to Latinos in America — both unauthorized immigrants who are liable to be arrested by ICE at any time and might be falsely accused of gang membership in the process, and legal immigrants and citizens who nonetheless might “look like a gang member” to the wrong person based on the color […]
Koch and the countering of Marxian and Keynesian econoimcs at the University of Utah.
Donald Trump’s ideological vacuum, the more he is isolated and attacked, is being filled by the Christian right. This Christianized fascism, with its network of megachurches, schools, universities and law schools and its vast radio and television empire, is a potent ally for a beleaguered White House.
I just don’t get why Jeremy Corbyn is so popular.
The company said in a blog post that the central purpose of the change to its search algorithm was to give the search giant greater control in identifying content deemed objectionable by its guidelines. It declared that it had “improved our evaluation methods and made algorithmic updates” in order “to surface more authoritative content.”
The Trump government’s latest sanctions against Caracas come just two days after Venezuelan Foreign Minister Samuel Moncada publicly revealed that the US Central Intelligence Agency (CIA) was working alongside governments in Mexico and Colombia to topple the Maduro government.
Our story though, is much more than three short paragraphs in a textbook. It is a story about a people’s determination for sovereignty in the face of imperialism, resilience in midst of colonization, and perseverance for peace as survivors of war. Our story is urgent and it is a call for global action in the […]
Marx showed how history was materially transformed through a series of contradictions toward greater complexity, but held out the promise of one particular class representing the universal interests of humanity, if activated within objective conditions by political agency. The problem today is that cyclical and conjunctural crises that have propelled capitalism to hegemonic global reach […]
The book’s impact on economics, politics and current affairs has been formidable, and aspects of Marx’s thinking have permeated areas of scientific research as disparate as robotics and evolutionary theory.
With Obama’s “precision ethos” behind us and the “Trump doctrine” ahead. Neither is perfect, but latter with the priority for percision gone, is much more dangerous.
The president spoke to 24,000 Scouts ranging in age from 12 to 18, as eight presidents have before him. Unlike previous presidents, however, Trump appeared to view the event as an opportunity to slam his political opponents and the news media, call for “loyalty,” and rail against the “cesspool” of Washington, D.C., as the audience […]
The current civilian slaughter, chaos, and daily indignities in Yemen create the perfect recruitment tool for the expansion of terrorist organizations. Al-Qaeda has been operating in Yemen for a long time.… In addition, IS has begun to make their presence felt in Yemen.
The latest issue of the London Review of International Law features an interesting review essay by Robert Howse, in which he makes the case for progressive international lawyers attending to the discipline of economics and the insights that can be gained from it, in particular from what he sees as more progressive economists. Howse’s essay […]
The indirect effect of the increase in income inequality is economically more injurious than the erosion of company earnings or a stock market downturn.
Greece is on track to privatize its water systems, while other countries like Germany are in an opposite position of de-privatization due to poor management and exorbitant price hikes.