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Subjects Archives: Economic Theory

Rosa Luxemburg

Rosa Luxemburg and debt as an imperialist instrument

In her book titled The Accumulation of Capital, published in 1913, Rosa Luxemburg devoted an entire chapter to international loans in order to show how the great capitalist powers of the time used the credits granted by their bankers to the countries of the periphery to exercise economic, military and political domination on the latter.

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Cartoon. What inequality?!

What inequality?

Economic inequality in the United States and around the world is now so obscene, and has convinced more and more people to do something about it, that the business press has initiated a campaign to deny its very existence.

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Limit by Giorgos Kallis

Is degrowth an alternative to capitalism?

In what follows, I will first briefly summarize the core arguments of the book, which promises to provoke important discussions on the matter of limits and subjects. Then I will reflect on the fuzziness of the primarily cultural conceptualization of capitalism, and argue that neither self-limitation nor degrowth qualifies as a mode of production, such […]

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Enrique Mendizabal - WTO

End of the free trade myth

“Is that a big deal?”, some may ask. It is to those who have pushed for achieving the far-reaching liberalisation of trade in an unequal global order, first under the General Agreement on Tariffs and Trade (GATT), and then under the auspices of the agreements that established the WTO and defined and expanded its remit.

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MotL_MRImage_20

Neoclassical Marxism (Christmas Special) with @NMarxism

This December, we bring you a special Christmas episode of our program, featuring the enigmatic operator behind the increasingly popular Twitter account known as “Neoclassical Marxism,” or @NMarxism. @NMarxism is a deeply satirical Twitter project, which deploys Modern Monetary Theory and some very dark humor to critique the neoclassical economics and neoliberal assumptions that unconsciously […]

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Bryan Cup

Money Politics before the New Deal with Jakob Feinig

Jakob Feinig, assistant professor of human development at Binghamton University, joins Money on the Left to discuss the history of political organizing and activism around money in the United States, from the pre-Revolutionary period to the New Deal era. Characterized alternately by periods of widespread “silencing” and mass mobilization, the history of money politics that […]

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Socialism in the 21st Century

Green designs for 21st century socialism

Before turning to the subject matter at hand two abiding issues in Marxist thinking need to be addressed. First, when Marx inveighed against Utopian Socialist futuristic model building, he never intended it to become a mantra dissuading socialists from thinking practically about socialist institutional design.

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