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Chart of the day
U.S. billionaires have recouped all of their wealth—and more—during the Pandemic Depression. Meanwhile, since May, the number of poor Americans has grown by about 8 million.
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Bullets are not the seeds of life
Bullets, as Mahjoub sang in prison, are not the seeds of life. The answers to our misery are so obvious, but they would cost the minority who control power, privilege, and property; they have a lot to lose, which is why they hold on so desperately.
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Mainstream economics then: classical political economy
Marxian economists have been quite critical of contemporary mainstream economics. As we saw in Chapter 1, and will continue to explore in the remainder of this book, Marxian economists have challenged the general approach as well as all of the major conclusions of both neoclassical and Keynesian economics.
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The political economy of intellectual property
The dramatic expansion of intellectual property rights represents a new stage in commodification that threatens to make virtually everything bad about capitalism even worse.
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Socialism’s increasing popularity doesn’t bring media out of McCarthy era
Ever since the Great Recession in 2008, and accelerating with Sen. Bernie Sanders’ 2016 presidential run, there has been a resurgence of popularity and interest in socialism in the U.S., and an increasing skepticism of capitalism.
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A response to McAfee: No, the “Environmental Kuznets Curve” won’t save us
A number of people have asked me to respond to a piece that Andrew McAfee wrote for Wired, promoting his book, which claims that rich countries – and specifically the United States – have accomplished the miracle of “green growth” and “dematerialization”, absolutely decoupling GDP from resource use.
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Colonizing the future
Working people are forever kept on the brink of going broke. More than higher wages and better job security, a just economy requires giving them the power to choose and create their own futures.
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Amidst pandemic, while billions struggle for survival, billionaires’ wealth tops $10 trillion
Billionaires are “smart” enough. Their wealth now, in this pandemic, tops trillions of dollars.
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Authoritarianism is creeping into classrooms
New curriculum guidance will limit critical thinking and cement a neoliberal capitalist consensus. It should be setting off alarm bells, says Remi Joseph-Salisbury
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Marxism and intersectionality
Ashley Bohrer has provided this important piece of scholarship with her new book, Marxism and Intersectionality: Race, Gender, Class and Sexuality under Contemporary Capitalism.
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When confronted by us hungry bellies, the imperialists reach for their guns
The United States government was furious about the ‘irresponsible extravagances’ in Nkrumah’s book and decided to punish him by refusing to allow $300 million in short-term aid to cover the costs of importing food.
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The revolutionary struggle against slavery
French historian Pierre de Vaissière’s description of a slave ship working the Atlantic trade in Saint-Domingue: Creole society and life under the Ancièn Regime, 1629-1789 cannot be forgotten: the hold below is hellish, naked bodies are chained, thrown back and forth by the middle passage seas, excrement is smeared about, and death feels a mere breath away.
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Lenin150 (Samizdat): A Lenin birthday book
2020 is the birthday year of Vladimir Ilyich Ulyanov, whom most of us know as Lenin. If still alive, he would be 150 years old.
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Eco-socialism and/or De-growth
Ecosocialism and the de-growth movement are among the most important currents of the ecological left. Ecosocialists agree that a significant measure of de-growth in production and consumption is necessary in order to avoid ecological collapse.
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Mainstream economics today
Readers today will be more familiar with contemporary mainstream economics than with the mainstream economics of Marx’s day. So, let’s start there.
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Whose crisis is it anyway? The problem with the shock doctrine
The ruling class is ruthless in trying to exploit crises, but we shouldn’t underestimate the turmoil it’s in and the opportunities to advance the struggle, argues Chris Nineham
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Darius Simpson & Scout Bostley – “Lost Voices”
Darius Simpson & Scout Bostley – “Lost Voices” (CUPSI 2015)
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Book Review: Corona, Climate, Chronic Emergency
Gradual reforms can’t do the job: only profoundly radical measures can ensure human survival in an epoch of global sickening.
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Economic theories and systems
In the previous chapter, we saw that Marxian economics represents a two-fold critique: a critique of mainstream economic theory and a critique of capitalism, the economic and social system celebrated by mainstream economists.
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Capital and COVID: Why the Left needs disability liberation
This all could’ve gone differently. Bob Woodward revealed that Donald Trump knew in February that COVID was airborne, information both men declined to share with the rest of the us until just now.