Subjects Archives: Political Economy

“Liberal democracy is crumbling.” A Harvard Law Professor opened a recent talk with this matter-of-fact statement and the audience readily murmured its assent.

Landless leader told Brasil de Fato that, despite threats, MST will not back off from social struggle.

Through his relationship with the Chartist radical and labor poet Ernest Jones, Karl Marx came to realize the necessity of opposing slavery and colonialism in ending capitalism.

In this interview with Venezuelanalysis, an independent researcher speaks frankly about the roots of the country’s economic crisis and outlines a series of policies to revert it.

We’re all done singing to “days gone by” (even though no one really knows the lyrics). But, unless we change our tune and resolve to fundamentally alter the way the economy is organized, we’re going to have to face up to the problem that’s been haunting the United States for decades now: growing inequality.

Pedro Rocha de Oliveira considers the context of Jair Bolsonaro’s rise to power in Brazil.

The onslaught of extreme weather and the increasingly stark scientific assessment leave no doubt that we face an ecological and civilizational emergency. But in the year since COP23 in Bonn, Germany, a constant stream of headlines and reports have confirmed that governments are not on track to meet their climate commitments.

“By its nature,” Marx writes in the climactic passage of a magnificent but very dense section of the Grundrisse, capital “posits a barrier to labor and value-creation in contradiction to its tendency to expand them boundlessly. And in as much as it both posits a barrier specific to itself, and on the other side equally drives over and beyond every barrier, it is the living contradiction.”

A lot has been written and said critical of millennials. The business press has been tough on their spending habits.

It’s now official: workers around the world are falling behind. The International Labor Organization’s (ILO) latest Global Wage Report finds that, excluding China, real (inflation-adjusted) wages grew at an annual rate of just 1.1% in 2017, down from 1.8% in 2016. That is the slowest pace since 2008.

It has been almost a year since we got off the ground. Our offices across the world humming with activity. You have received forty-four newsletters from us, eleven dossiers and one notebook and one working document. More is on the way as we enter our second calendar year.

Since November 17, France has been witnessing the massive Gilets jaunes or ‘Yellow Vests’ protests against the anti-working class policies of the Emmanuel Macron government. The protests against the rising economic burden on the people are also spreading to many other European countries.

I think the left should stop talking about ‘neoliberalism’, as I argue in a recent journal article published in Capital & Class.

No matter how we measure it, most Americans are falling further and further behind the tiny group at the top.

A new book argues that words like “innovation” are doing more than telling you who to avoid at parties.

With what author and activist Naomi Klein calls “galloping momentum,” the “Green New Deal” promoted by Rep.-elect Alexandria Ocasio-Cortez, D-N.Y., appears to be forging a political pathway for solving all of the ills of society and the planet in one fell swoop.

Monopoly capitalism emerged from “laissez-faire” capitalism in the late nineteenth and early twentieth centuries, allowing giant corporations to dominate the accumulation process.

In this episode, we’re joined by Jamee Moudud, a professor of economics at Sarah Lawrence College, Jamee draws on the tradition of critical legal studies to extend the constitutional theory of money to new historical and international contexts.

According to the new provision that was passed on Wednesday, employers can demand as much as 400 hours of overtime a year and can take three years to disburse the payments for the same.

After defeating a violent U.S.-backed coup attempt, Nicaragua’s elected government faces the NICA Act. The bill aims to force the Sandinistas from power by ratcheting up economic despair.