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How degrowth can help reduce global conflict
Defined as an equitable and democratic reduction of energy and material throughput targeted at rich nations and the globally wealthy, degrowth has grown in popularity over the last few years with growing political support.
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On Michael Lebowitz’s ‘Beyond Capital: Marx’s Political Economy Of The Working Class’
‘Beyond Capital’ helps us to understand why capitalism continues to persist despite endless crises, by drawing our attention to the messiness of human beings and the multiple circuits that reproduce capitalism as a complex and contradictory totality.
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Review of “Organising Responses to Climate Change: The Politics of Mitigation, Adaptation and Suffering”
Much has been written about climate change or, to use a more truthful term, global warming. But not much has been written about “Organising Responses to Climate Change,” which is the title of Daniel Nyberg, Christopher Wright and Vanessa Bowden’s new book.
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Amartya Sen’s work shows us the human cost of capitalist development
Indian economist Amartya Sen has posed a devastating challenge to the dominant capitalist understanding of development. But Sen’s own analytical framework doesn’t go far enough in exposing the inherently exploitative logic of capitalism.
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Capitalism in Black and Blue
Policing is inextricably linked to racism and to capitalism.
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French police attack 4th protest over pension reforms
Protesters stage a fourth round of nationwide demonstrations on Saturday against President Emmanuel Macron’s plans to reform the country’s pension system.
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Review of “Critique of the Gotha Program,” by Karl Marx
This new edition of Marx’s 1875 ‘Critique of the Gotha Program’ comes with a few surprises in translation for Marxists who have previously interpreted it as justification for the continuation of wage-labour and commodity production, under the ‘dictatorship of the proletariat’ in the ‘first phase’ of socialism/communism.
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“Crony capitalism” as an economic strategy
Gautam Adani’s calling Hindenburg’s allegations of fraud against him an attack on the Indian nation is a matter of particular significance.
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Introducing our new podcast: ‘Movies vs Capitalism’
The Lever’s new movie podcast launches.
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Danish working class opposes government’s bid to abolish public holiday to raise money for arms
The government’s decision to add an extra working day is part of its plan to raise an extra 3 billion kroner (USD 0.43 billion) for the rearmament of the country.
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A Wall Street time bomb
After reaping huge fees off workers’ savings, private equity firms’ subterfuge could imperil promised benefits for millions of workers and retirees.
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Value, price, and inflation: Immediate and structural causes
Every working person is keenly aware that prices are up.
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The lawsuit that could freeze speech against billionaires
A gas mogul’s case against Beto O’Rourke could deter candidates from ever talking about money in politics.
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Shocking inequality: Richest 21 Indian billionaires have more wealth than 700,000,000 Indians
Under the Modi government, India’s ruling classes have joined the ruling classes of the rest of the world in intensifying exploitation and earning super profits.
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The Realities of Capitalist Denmark
It is not uncommon to see U.S. citizens point to Denmark as a socialist alternative. And yet, just like in the United States, capital accumulation is the guiding principle in Danish society.
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Richest 1% bag nearly twice as much wealth as the rest of the world put together over the past two years
According to a new report published by Oxfam, the richest 1 percent grabbed nearly two-thirds of all new wealth worth $42 trillion created since 2020, almost twice as much money as the bottom 99 percent of the world’s population, reveals a new Oxfam report today. During the past decade, the richest 1 percent had captured around half of all new wealth.
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End of Cold War Illusions
In this reprint of the February 1994 “Notes from the Editors,” former MR editors Harry Magdoff and Paul M. Sweezy ask: “The United States could not have won a more decisive victory in the Cold War. Why, then, does it continue to act as though the Cold War is still on?”
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Capitalism’s court jester: Slavoj Žižek
One of the most prominent intellectuals in the contemporary world was named to the list of the “Top 100 Global Thinkers” in Foreign Policy magazine in 2012. He shares this distinction with the likes of Dick Cheney, Recep Tayyip Erdoğan, Benjamin Netanyahu, and former Mossad director Meir Dagan.
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The impending world recession
The IMF managing director Kristalina Georgieva has now openly admitted that the year 2023 will witness the slowing down of the world economy to a point where as much as one-third of it will see an actual contraction in gross domestic product.
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Peru and capitalist extraction–the imperial mining powers behind the throne
As a rainbow of social movements in Peru prepare for a general strike starting on 4 January the country is polarised between party politicians’ intrigues and action of the masses on the streets.