The tragedy being the suffering Latin America has borne, the optimism being in the recognition that this is not the region’s natural or inevitable destiny, but has been imposed on it through its subjugation to the capitalist system, and is therefore capable of being changed.
Subjects Archives: Capitalism
Over the past four decades or so, various leftists have become more sensitive to the environmental degradation in developed and developing capitalist societies and post-revolutionary societies, particularly in the former Soviet Union and, in recent times, China.
Over the centuries, humans have survived tragedy through the incredible stoicism of not moving, of standing one’s ground, of resisting, of engaging in tremendous creativity. Perhaps we can use the time alone to think collectively, to reflect together on how we might reconstruct the public realm of our cities.
With phrases like “protect the vulnerable” & “underlying conditions” currently all around us, disability activist Ruth Flood looks at the horrendous treatment of disabled people under capitalism.
Colonial timber management and capitalist land use has produced the wildfire crisis we see today. Prescribed Indigenous burning is a viable preventative solution to high severity wildfire but its success hinges on the fight by Indigenous socialists and grassroots organizers for Tribal sovereignty, land restitution, and the creation of a new prescribed fire workforce.
The development in 1909, by the German chemists Fritz Haber and Carl Bosch of a technique for taking Nitrogen out of the atmosphere to produce ammonia (NH3) allowed for the production of synthetic fertilisers (and explosives) on an industrial scale.
What is at stake when we talk about the economics of North American slavery? Over the last 75+ years it has been whether capitalism superseded slavery or whether capitalism and slavery were co-constituted, capitalism to some extent relying on slavery.
Billionaires are “smart” enough. Their wealth now, in this pandemic, tops trillions of dollars.
Ashley Bohrer has provided this important piece of scholarship with her new book, Marxism and Intersectionality: Race, Gender, Class and Sexuality under Contemporary Capitalism.
Readers today will be more familiar with contemporary mainstream economics than with the mainstream economics of Marx’s day. So, let’s start there.
The Modi regime believes that no matter how impoverished the people are their electoral support can always be won by promoting Hindutva and effecting a communal polarization. It is an utterly cynical view, but then, the present dispensation represents the acme of cynicism.
For Jairus Banaji, theory and history are tightly interwoven: without history, theory ends up ‘bad abstraction’; without theory, the intelligibility of history is doomed to fail.
Marxian economists recognize, just like mainstream economists, that capitalism has radically transformed the world in recent decades, continuing and in some cases accelerating long-term trends.
The Black Lives Matter movement across the U.S. against police violence and racist inequality is one of the most dynamic political developments in years.
The current economic crisis has hit workers hard. Unemployment rates remain high, with total weekly initial claims for unemployment insurance benefits continuing to grow.
THERE is a commonly-held view that the current crisis in capitalism, which has resulted in a massive output contraction and increase in unemployment, is because of the pandemic; and that once the pandemic gets over, things will go back to “normal”.
With over 100,000 people displaced by wildfires raging across California, Baupost Group collected more than $3 billion in July after betting on insurance claims against embattled utility company PG&E.
Post-Civil War arrangements by which the victorious North settled with the defeated slavocracy ensured that many Black people would not matter much and that some would die. A thousand or so were murdered in the South in 1866, reports W.E. B Du Bois.
The “Information Has Value” frame provides a welcome opening to discuss information capitalism, including the commodification of information, information labor, concentration of ownership, and audience data extraction/surveillance.
New figures from the Institute for Policy Studies show that, despite a pandemic that has stunted the economy for months, America’s billionaire class is becoming richer than ever, adding nearly $700 billion to their fortune since the nationwide lockdown in March.