Subjects Archives: Capitalism

Ndongo Samba Sylla on the history of political economy in pre- and post-colonial Africa, the theoretical bases and political stakes of the anti-CFA Franc movement, and how Modern Monetary Theory (MMT) ought to inform current and future efforts to restore political and economic sovereignty to West African nations.

Imperialism benefits imperialist governments and corporations, but also the mass of the populations in the powerful countries. The marxist perspective explains how.

The panic button needs to be hit to declare climate emergency. We need serious action now; there is no more time to waste.

What is the capitalist democratic state and how should it be confronted? This question has bedevilled the left for generations. On the one hand, a social democratic conception of the state as a neutral institution that needs to be occupied and captured by bureaucrats with the right ideas has lead to experiments in socialist governance that have failed to overcome the private power of capitalists and turned toward neoliberal reversals

At the heart of the struggle is capital’s need–Monsanto and Pepsico’s–to continuously enclose spheres and generate surpluses from creating a monopoly over something that it does not actually own.

The centrality of slavery to capitalism is not new, as any serious student of WEB Dubois is aware.

In this episode, we speak with Robert Hockett, Edward Cornell Professor of Law at Cornell Law School. At Cornell, about his role in crafting the Green New Deal Resolution, his conception of finance as a franchise, and his experience as an advisor to Congresswoman Alexandria Ocasio-Cortez as well to Senators Sanders and Warren.

Western capitalists are to blame largely for climatic changes that causes natural and environmental disasters. Poverty, which is a result of the diabolic and pernicious economic sanctions, has forced the poor to build poor and weak structures that do not withstand the heavy winds and storms.

As we contemplate the ongoing decline of British trade unions, and as Americans consider their next move after the Supreme Court’s Janus vs AFSME decision, the the Independent Workers of Great Britain (IWGB) and United Voices of the World (UVW) point towards an alternative way of organising, fighting—and winning.

Seeing the EU as internationalist is a fundamental error rooted in a misdiagnosis of its aims and effects, argues Chris Nineham.

The destruction of the Amazon has serious consequences not only for Brazil, but for all of Latin America—and the world.

The film ‘Samir Amin: The organic intellectual’ depicts the audacious struggles of, as well as interviews with, addresses by and special moments involving this most outstanding intellectual of the South.

Slavery, while intensely profitable for the bourgeoisie, ran counter to capitalism’s ostensible ideology: liberté, égalité, fraternité. A resolution to this contradiction was needed, and came about in the concept of race

The solution for capitalism’s problems requires transforming the capitalist workplace into democratic institutions where everyone has an equal say on what happens there.

The newspaper’s fact-checker might need to work on his own understanding of the facts, because Sanders seems on pretty solid ground here

Turkey’s economy is back in the news, and not in a good way. After the release of an economic report by the Turkish Statistical Institute, a big dispute has arisen over whether or not Turkey has entered a recession.

The media are trying to turn the 1% into a protected minority.

It is a fundamental task for the class struggle that we succeed in liberating Lula so that he becomes the principal spokesman, he is the one who has the capacity to help mobilize the masses against the system and the project of the extreme right.

The Great Recession of 2008 marked the end of a lengthy period of international economic growth and rapidly increasing international trade. Now, some ten years later, economic activity, including trade and foreign direct investment, remains far below pre-crisis levels with little sign of revival.

Both Sweezy and Dimitrov agree that fascism arises in the middle class and becomes a threat when the bourgeoisie embraces it, but Sweezy’s unique contribution is to demonstrate fascism’s relationship to the postwar transitional period of class equilibrium.