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Dave Beech, Art and Value: Art’s Economic Exceptionalism in Classical, Neoclassical and Marxist Economics (Boston: Brill, 2015)

Review of Art and Value by Dr. Nizan Shaked

Art and Value: Art’s Economic Exceptionalism in Classical, Neoclassical and Marxist Economics reveals the irreconcilable differences between the Marxist economic definition of the term ‘value’ and its other uses in relation to the art object. It corrects the faulty assumption that rare or historical objects bear intrinsic value, symptomatic of capitalist worldview. Beech’s analysis of […]

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Honduras

Honduras in flames

The chaos surrounding last week’s presidential elections in Honduras reflects a rightwing consolidation of power in the country, abetted by the United States.

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Japanese police carrying away a protestor. Photo: Eliza Egret

A lifetime opposing the U.S. military on Okinawa

There are eighty of us sitting down, linking arms, blocking the gates of a US military base. Private security guards are lined up behind us, while men in uniform film us from behind barbed-wire fences. Suddenly, Japanese police officers pile out of their vans in their dozens. They grab a protester, a woman in her […]

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How Will Capitalism End? Essays on a Failing System by Wolfgang Streeck, New Delhi: Juggernaut Books, 2017; pp 272, ₹499 (paperback).

The future of capitalism

Looking at the present and future system of capitalism, there is a vital crisis at the heart of it all. Democratic capitalism, starting out in the 18th century, has had its ups and downs but even Marx, Keynes, Rosa Luxemberg, and Kondratieff have all failed to establish theories to break out of the capitalist system.

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Why Should the Millennial Mindset Matter?

Labor market conundrum

Nary a day goes by that President Trump and/or the talking heads on CNBC fail to mention the following unemployment chart as evidence that “everything is awesome” with the U.S. economy…

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