Subjects Archives: Marxism

Using Marx’s critique of political economy, it’s possible for workers employed in a variety of industries to calculate the value of their work and how this value is divided between employer and employee. It becomes possible to calculate the socially necessary labor time and surplus labor time, worker wages and employer profits in their particular workplace.

The Labour leader played an active part in organising against and resisting the National Front in the late ’70s.

The concept of class poses profound problems for theory and practice. This is true across the academic disciplines and in the confused incoherence around “class issues” when concepts of class surface in economic, political and cultural discourses.

Marx’s Capital has been heralded for many things, but providing an exhaustive account of a future socialist society isn’t one of them.

On Reality Asserts Itself, Prof. Leo Panitch says it’s a dilemma that the gradualism of European social-democracy and attempts at a more radical transformation have so far both failed; Panitch says a first step towards democratizing the economy is to make finance a public utility – with host Paul Jay

In a slave society, one can argue, the interest of the slaves lies in keeping the slave owner happy, for otherwise he is likely to flog and whip them mercilessly which would cause them great agony. Likewise in a caste society, one can argue, the interest of the Dalit lies in being as inconspicuous as possible, in not ‘polluting’ the upper castes through his presence, for otherwise he is likely to be beaten and lynched.

One Marxist line of inquiry into environmental problems has outshone all others in creativity and productivity: the theory of the metabolic rift.

The main theorist of dependency anticipated trends of neoliberal globalization. He analyzed productive globalization, the centrality of exploitation and the relative weight of surplus value transfers. But the employment crisis exceeds what was envisaged by Marini, in a scenario disrupted by the mutation of the United States, the collapse of the USSR and the rise of China.

Ringa Ranga Rajah, a London devotee of recently departed Ambalavanar Siva, complained bitterly last year when 14 March went by and I neglected Marx and Einstein. The former died on 14 March 1883 and the latter was born on 14 March 1879. I promised to make amends and this year Sundays 11 and 18 straddle the date.

The massacre at Stoneman Douglas High School in Parkland, Florida, one month ago today, left seventeen children and school staff dead. It was the third highest-casualty mass shooting at an educational institution in American history (after Virginia Tech—32 dead—and Sandy Hook—27) and the ninth highest-casualty single-shooter mass shooting in modern American history.

The following post is the third instalment of the multi-part review of David Willetts’ ‘A University Life’, you can find here the Introduction; Part 1 and Part 2. Parts 3 and 4 take a slightly different approach, diving deeper into the fundamental principles of marketisation, which centre on the conversion of qualitative experience and practice into quantitatively measurable outcomes, which can in turn become proxies for higher education’s exchange value.

The success of The Young Karl Marx derives from Peck’s ability to demonstrate the relevance of Marx for the present.

It is almost impossible to talk about future projects in Cuba or the work done over all these years to construct a socialist society, without mentioning the role of women in decision making and their contribution in key spaces since the triumph of the Revolution on January 1, 1959.

In September 2017, Tariq Ali visited our office in São Paulo for a long conversation. Here’s what he said about Chávez, Lula and the end of the “pink tide” in Latin America

What the hell is socialism, anyway? Over the last decade, it has been one of the most frequently looked up words in the Merriam-Webster dictionary. And it’s easy to see why so many people feel the need for clarification.

This article argues that Marx, too, knew more about the future than his present. Indeed, far from being merely a theorist of mid- to late-19th century capitalism, he elaborated the basic mechanisms, tendencies, counter-tendencies, contradictions, and social antagonisms that still shape capital accumulation and bourgeois societalization at the start of the 21st century.

Five years have passed since the death of Hugo Chávez. I had known him for almost ten years and had an enormous respect for his courage, honesty and dedication to the fight against oppression and exploitation.

The term “white working class” captured much of the media analysis which sought to explain Trump’s meteoric rise and subsequent victory to the highest office in the United States. The obsession with polling and voting trends based in demographics is certainly nothing new.

The liberation of women must be at the heart of the struggle for socialism, argues the MARX MEMORIAL LIBRARY

Uruguyan novelist and historian Eduardo Galeano (1940–2015) wrote more than 40 books. Monthly Review lauded his creative non-fiction Open Veins of Latin America: Five Centuries of the Pillage of a Continent (1973[1971]) as ‘outstanding political economy … and perhaps the finest description of primitive capital accumulation since Marx’.