Subjects Archives: Capitalism

State legislatures can intervene to help control costs.

Fire survivors say using prediction markets to gamble on wildfire is “morally reprehensible.”

Amazingly the world trading arrangements are such that the inferior mode of adjustment is carried out whenever there are imbalances, and not the superior mode of adjustment. This is the irrationality of the world trading arrangements under which we live.

What is true of the world economy as a whole holds true for countries like India which have enormous labour reserves inherited from the colonial times, reserves hidden away in particular in vast agrarian sectors.

If Marx in Capital lays bare the “hidden” abode of capitalist production, Joyce, in Ulysses, lays bare the hidden (yet all-too-visible) abode of modern reproduction, the arena that’s both the starting and end point of progressive politics, decreeing its victory or defeat.

A global survey found people in most countries see the United States as the biggest threat to the world, and prefer China over the U.S. These are the results of the EU-backed Democracy Perception Index.

Elon Musk wealth has made him the first trillionaire, after SpaceX’s Nasdaq debut exposed extreme inequality, speculative finance, and corporate power.

This enormous history of capitalism provides much fascinating detail, but its flawed conceptualisation of the system’s history undermines it, argues Dominic Alexander.

Today India has a level of income inequality higher than at any time in the previous one hundred years, and one of the highest in the world

One of the poorest kids in town, Macy was more neglected than abused by her alcoholic father, “the town drunk.” She “found refuge” in her friends’ homes or the living room of her grandmother who taught her to read and write and play checkers. She “took solace” in the nearby public library and the public school and “the women in charge of those sacred places who were also my demigods.”

If AI is to succeed for capital, it will only be at the expense of most working people and their families.

The question is not whether AI will enter the workplace. It already has.

In the popular 2006 film The Devil Wears Prada, Miranda Priestly, the primary antagonist, played brilliantly by Meryl Streep, is the editor-in-chief of the luxury fashion magazine Runway.

The ‘Wages of Dreamwork’ is an ambitious and timely contribution to debates on labour, culture and social reproduction under contemporary capitalism. Drawing from autonomist Marxism, feminist theory, critical management studies and the history of avant-garde artistic practice, Stevphen Shukaitis and Joanna Figiel examine how creativity, desire and the search for meaningful activity have become increasingly central to capitalist accumulation.

Thoughts on the Peter Pan generation and how its shaped our relationship to money.

This government’s embrace of deregulation and extraction shows how deeply profit-driven assumptions shape public life.

An attempt at understanding.

Tenant movements are emerging as one of the most significant movements of our era.

Tech monopolies—Apple, Nvidia, Google, Microsoft and Intel—depend on mineral supply chains that run through eastern Congo.

Anybody who’s ever leafed through Finnegans Wake will quickly recognize that we’re not dealing here with a standard novel, just as anybody leafing through Marx’s Capital will know we’re not dealing with standard economics.