Subjects Archives: Capitalism

The nation state is once again proving its special usefulness as a vehicle for managing capitalist crisis.  Partly, this follows from the renewal of Keynesian monetary and fiscal policies.  Other key dimensions of state usefulness include its more direct provision of financial guarantees to private enterprises and its over-priced purchase of “toxic” assets (those that […]

This is an exercise in historicization.  This lecture concerns the relation between feminism, the movements of second-wave feminism, and the recent history of capitalism.  My aim is to try to shed some light on where the feminist movement stands today in the current crisis of capitalism. So, I want to tell a story that has […]

From 21 January to 2 February 2010, Eric Toussaint and Olivier Bonfond — both involved in alterglobalization activism and members of the International Council of the World Social Forum, of the world coordination of social movements, and of the Committee for the Abolition of the Third World Debt 1 — participated in various events and […]

Well before the global financial crisis finally broke in September 2008, most people in developing countries were already reeling under the effects of dramatic volatility in global food and fuel markets.  From late 2006, prices of most primary commodities first increased very rapidly, then collapsed even more sharply from their peaks in May-June 2008. This […]

Vali Nasr.  Forces of Fortune: The Rise of the New Muslim Middle Class and What It Will Mean for Our World.  New York: Free Press, 2009.  320 pp. This empirically informative yet analytically defective book labors to dissect the complexities of political and economic development in the Muslim world, strongly focusing on Iran, Turkey, Pakistan, […]

How is it that we could be facing a crisis of empire, of imperialism, of war, of conflict internationally, we could be facing an environmental crisis on a scale that threatens the whole planet as we know it, and we could be facing at the same time being in the midst of the greatest economic crisis since the Great Depression? And how do we deal with all these problems simultaneously?

  William I. Robinson es profesor de sociología, estudios globales y estudios latinoamericanos en la Universidad de California-Santa Bárbara. | | Print  

N.B. The statement in the article below simply attributed to FETRAELEC President Angel Navas is actually one first published by Marea Socialista. — Ed. Venezuelan President Hugo Chavez ordered the suspension of programmed power outages in the capital city on Wednesday, and asked for the resignation of his minister for electricity, citing errors in the […]

I’m not at all somebody who wants to enshrine Monopoly Capital: An Essay on the American Economic and Social Order as the new centerpiece in the old “what Marx said” religion.  But, really, I do stand by my conclusion that Baran and Sweezy’s 1966 book was the #1 social science book of the century, Marxist […]

  Mark Fisher is the author of Capitalist Realism: Is There No Alternative? out recently from Zer0 Books.  As a blogger he writes K-Punk.  Capitalist Realism is one of the most acute diagnoses of contemporary politics as it is played out in one small island off the coast of Europe.  After skewering the marketisation of […]

Climate change is already causing considerable damage and hundreds of millions of poor people are suffering the consequences.

The youth is more interested than anyone else in the future. Until very recently, the discussion revolved around the kind of society we would have. Today, the discussion centers on whether human society will survive. These are not dramatic phrases. We must get used to the true facts. Hope is the last thing human beings can relinquish. With truthful arguments, men and women of all ages, especially young people, have waged an exemplary battle at the Summit and taught the world a great lesson.

The news from the Danish capital gives a picture of chaos. After planning a conference with about 40 thousand people in attendance, the hosts find it impossible to honor their promise. Evo, the first of the two presidents of ALBA-member countries to arrive, stated some truths derived from the millennium-old culture of his people.

The historical geography of capitalist development is at a key inflexion point in which the geographical configurations of power are rapidly shifting at the very moment when the temporal dynamic is facing very serious constraints.  Three-percent compound annual growth (generally considered the minimum satisfactory growth rate for a healthy capitalist economy) is becoming less and […]

  Paul Jay, Senior Editor, The Real News Network: So let’s talk about Copenhagen.  If in fact most of the scientific community is quite persuaded in the climate change science, and certainly they are, and all the world governments say they are, what’s preventing us from getting a serious agreement, and particularly with China and […]

  Human societies have created the bases of our survival, sustenance and advancement through the use of our natural resources in production with rudimentary tools and rising levels of science and technology.  Yet in no time in history has environmental destruction been systematically brought about in most parts of the world. The people of the […]

The Killing Continues Since the suspension of the death penalty in Japan in September of 2009, the US is the only developed nation in the world that continues to execute its citizens — but, perhaps, not for long.  The unmasking of the political agenda behind state-sanctioned killing during the past 25 years and the growing […]

Prabhat Patnaik.  The Value of Money.  New Delhi: Tulika Books, 2008/New York: Columbia University Press, 2009.  Excerpt: “Introduction.” Prabhat Patnaik is an eminent and prolific economist who has worked creatively for 40 years at the intersection of Marxian and Keynesian theoretical traditions.  In addition to his writings on Marxism and Keynesianism per se, he has […]

The Harold Wolpe Lecture, University of KwaZulu-Natal, 5 November 2009 In 1982, I published a book, jointly with Samir Amin, Giovanni Arrighi, and Andre Gunder Frank, entitled Dynamics of Global Crisis.  This was not its original title.  We had proposed the title, Crisis, What Crisis?  The U.S. publisher did not like that title, but we […]

Play now: “Not everybody is happy about what happened after the Wall went down.  In fact, it’s often referred to in East Germany not as German reunification but as West German annexation or even colonization, because the economy in East Germany took a nosedive after the two joined, the East and the West joined — […]