Geography Archives: Global

  400 ppm In January 2015, scientists recorded atmospheric levels of carbon dioxide above 400 parts per million on a regular basis — the first time such a level had been detected so early in the calendar year.  It is well established that levels of CO2 above 350 (already well above the preindustrial norm of […]

Samir Amin is director of the Third World Forum in Dakar, Senegal. His books published by Monthly Review Press include The Liberal Virus, The World We Wish to See, The Law of Worldwide Value, and, most recently, The Implosion of Contemporary Capitalism. This article was translated from the French by Shane Mage. 1. Let me begin by saying that I […]

  This article was first published by the Hankyoreh on 25 November 2014; it is reproduced here for non-profit educational purposes.

I have asked the editors of Granma to relieve me of the honor of publishing what I write on the front page of the official organ of our Party, since I am thinking of expressing personal points of view on issues which, for obvious reasons of health and time, I have not been able to present in the collective leadership bodies of the Party or state, such as Party Congresses or pertinent meetings of the National Assembly of People’s Power.

  On 10 June 2014 FIFA released a “Frequently Asked Questions” pamphlet “Setting the Record Straight” on what it purports to be some misconceptions about FIFA’s role and the socio-economic impact of the FIFA World Cup.  The release of the pamphlet is significant as it is the first time that FIFA has been forced by […]

Michael Heinrich’s article is really a continuation of the argument by Monthly Review that Marx’s law of the tendency of the rate of profit to fall (LTRPF) is not the main cause of economic crises.… Heinrich makes the following points: 1) Marx’s law is indeterminate; 2) it is empirically unproven and even unjustifiable on any measure of verification; 3) Engels edited Marx’s works badly, distorting his views about the law in Capital Vol. 3; 4) Marx himself, in writings during the 1870s, began to have doubts about the law as the cause of crises and started to abandon it in favour of some theory that took into account credit, interest rates and the problem of realisation (similar to Keynesian theory); 5) Marx died before he could present these revisions of his crisis theory, so there is no coherent Marxist theory of crisis.

It was Marx’s ultimate purpose, as stated in the preface to the first edition of Das Kapital, “to lay bare the economic law of motion of modern society.” It is clear that Marx regarded as his central achievement in this regard the “Law of the Falling Tendency of the Rate of Profit.” In vol.3, (p.303) he declares that: “The barrier of the capitalist mode of production becomes apparent

Heinrich’s article is mainly about the falling rate of profit and crisis theory, but another important point has to do with Marx’s logical method in Capital, and in particular with the levels of abstraction of capital in general and competition. Heinrich argues that Marx encountered difficulties in the Manuscript of 1861-63 concerning this logical structure, and as a result of these difficulties, Marx abandoned this logical structure in the final versions of Capital.

For Marx, is a rising rate of surplus value (s/v) a part of the law itself (as it is presented in chapter 13 of vol. III of Capital) or is it a counteracting factor (dealt with in chapter 14)? There is an easy way to check: we just have to read chapter 13. Marx starts his presentation with a constant rate of surplus value and shows that a rising organic composition of capital leads to a falling rate of profit (pp. 317-18, all pages from the Penguin edition of Capital). Then very quickly he includes a rising rate of surplus value in his considerations (see pp. 319, 322, 326, 327, 333, 337). At pages 333 and 337 Marx even realizes the possibility of a profit rate rising with a rising rate of surplus value, but excludes such a possibility as an “isolated case” or not realistic without going into details. It is clear that he maintains the “law itself” not only with a constant rate of surplus value but also with a rising rate of surplus value!

A bibliography of work utilizing the theory of metabolic rift developed by Marx.

So the world didn’t end after all and the ‘Mayan apocalypse’ turned out to be another in a long line of doomsday-related tall tales and hoaxes.  No doubt a hard-core of Armageddon enthusiasts who really did believe — or wanted to believe — that the ‘Mayan prophecy’ was anything other than a load of cobblers […]

  NATO has assassinated Gaddafi.  Now the puppets can dance.  This is not about democracy, as the “new” leaders are a combination of his ex-cabinet officials and ex-Mujahideen who took out the People’s Democratic Party of Afghanistan in the 80s and installed the Taliban for the CIA. Pro-Gaddafi protests in Tripoli have been met with […]

  Alexander Ramírez-Mallis and Lily Henderson are filmmakers based in Brooklyn, New York.  For more information about Occupy Wall Street, visit <occupywallst.org>.   var idcomments_acct = ‘c90a61ed51fd7b64001f1361a7a71191’; var idcomments_post_id; var idcomments_post_url; | Print  

  Excerpt: For at least 5,000 years, before capitalism even existed, popular movements have tended to center on struggles over debt.  There is a reason for this.  Debt is the most efficient means ever created to make relations fundamentally based on violence and inequality seem morally upright.  When this trick no longer works everything explodes, […]

  “I liked training and defending my country, and now I’m training women from all ages to use weapons.” — Fatima Masoud 30 June 2011 30 June 2011 Cf. Waniss Otman and Erling Karlberg, “The Growing Role of Women in Libyan Society” (The Libyan Economy: Economic Diversification and International Repositioning, Springer, 2007). | Print  

  The National Lawyers Guild was founded in 1937 as an alternative to the American Bar Association, which did not admit people of color.  The National Lawyers Guild is the oldest and largest public interest/human rights bar organization in the United States.  With headquarters in New York, it has chapters in every state.  From its […]

  The following presentation contains graphic data.  Viewer discretion is strongly advised. — Ed. (function() { var scribd = document.createElement(“script”); scribd.type = “text/javascript”; scribd.async = true; scribd.src = “http://www.scribd.com/javascripts/embed_code/inject.js”; var s = document.getElementsByTagName(“script”)[0]; s.parentNode.insertBefore(scribd, s); })(); Barbara Steiner is a political scientist based in Vienna and member of Transform.at.  Walter Baier is an economist based […]

  Excerpt: This guide is not a road map or instruction manual.  It’s a match struck in the dark, a homemade multi-tool to help you carve out your own path through the ruins of the present, warmed by the stories and strategies of those who took Bertolt Brecht’s words to heart: “Art is not a […]

  Michael Munk’s The Portland Red Guide is a historical guidebook of social dissent in Portland, Oregon, and links notable radicals, their organizations, and their activities to physical sites in the city. We had a brief conversation over e-mail with Michael Munk to talk about the book, now in its Second Edition, and his experience […]