Subjects Archives: Political Economy

Pretty much everyone accepts that inequality is a big problem in the U.S. But it is doubtful that most people truly grasp how successfully U.S. elites have captured the benefits of economic growth and, as a result, how much the resulting inequality has cost them.

The balance sheet is clear: on paper, Glasgow clarifies the ambiguous Paris goal by making it more radical (1.5°C is now the target) and mentions the responsibility of fossil fuels; but in practice, the conference did not take any steps to stop the catastrophe.

Note: Consumer picketing can be directed against all products that a struck employer manufactures, processes, distributes, transports, or otherwise enhances in value.

Jayati Ghosh finds in a UN Women report a blueprint for an economy which serves the public—rather than the other way around.

Paolo Quattrone (@PaoloQuattrone) joins Money on the Left to discuss the metaphysics of accounting and the significance of accounting’s repressed history for political economy today. Professor of Accounting, Governance & Society at The University of Manchester, Quattrone insists that, while often seen as a positivist and merely technical skill for recording extant data, accounting in truth represents a rhetorical and quite generative engagement with the “mystery of value.”

Union negotiators said they were prepared to meet the company for another round of negotiations next week but their offer was rebuffed by bosses, who claimed they were left with no choice but to permanently replace those on strike.

Although Marx himself only mentioned the “base” and “superstructure” in (by my count) two of his works, the base-superstructure “problem” remains a source of serious contention for Marxists, our sympathizers, and our critics.

The Thanksgiving holiday is built around an insidious and false creation myth–that the so-called “settling” of North America was a peaceful and amicable process.

General tendencies, possible “leaps”

2023 marks the fortieth year since the passing of Joan Robinson and her one-hundred-and-twentieth anniversary.

To date, the Canadian government has acted as a reliable ally in the U.S.’s New Cold War against China. The need for Canada to change course is dire, but prospects are grim. Canada needs to break with this dangerous path and set course for peace and cooperation with China.

The World Trade Organization (WTO) will soon decide on a conditional temporary waiver of Trade-Related Intellectual Property Rights (TRIPS).

CounterSpin interview with Peter Maybarduk on NIH/Moderna patent

The Foreign Agents Registration Act (FARA) is a U.S. law passed in 1938 that requires individuals representing the interests of foreign governments, in “political or quasi-political capacity,” to disclose their relationship to said foreign government and provide detailed information on its finances and activities to the U.S. authorities.

You don’t have to read Marx to understand the lack of power workers have under capitalism.

The reality is that the labor movement has a long struggle ahead and it should not be distracted by unwarranted fears of inflation.

To create a safer, more sustainable world, the United States needs to divert border money toward climate action.

Repair, as an act of reclaiming technology, is ongoing in the Global North and South with complementary driving forces and problems.

Tracing the rise and the politics of asset manager capitalism.

Marx and Engels were witnesses to and keen analysts of the environmental problems inherent in nineteenth-century capitalism. They wrote about the depletion of coal reserves, the destruction of forests, and, especially, about diminishing soil fertility, which Foster recognizes was the most pressing issue of the day.