The Lords of Capital use periods of crisis to devour the less-rich and reshape the political economy to their further advantage, so that the Joe Bidens of the world jump higher and come quicker when summoned.
Subjects Archives: Political Economy
Big Pharma and the search for a vaccine
A second wave of the COVID-19 pandemic is sweeping across the world with countries reporting record daily case numbers and the World Health Organization (WHO) warning that the death toll could be much higher than during the first wave earlier this year.
Discrimination and bias in economics, and emerging responses
Recently, mainstream economics has been forced to acknowledge some of the explicit and implicit forms of discrimination and bias that are rampant in the discipline, thanks in particular to some brave interventions by some women economists.
COVID 2021: More calamity ahead?
The death rate from these new infections may be lower than in the first wave last March-April, but hospitalizations are reaching new peaks in the U.S. and parts of Europe.
Why Venezuela’s Dec. 6 election is legitimate
With heightened U.S. attacks in Venezuela, including a tightening economic blockade, the elections are of great consequence to the future of the country.
Eric Hobsbawm’s dialectical materialism in the postwar period 1946-56
Hobsbawm’s thinking was guided by dialectical materialism, which was a scientific outlook based on analysis. It always accounted for unpredictable human agency and, though economic factors played the principal role in the development of history, this study rejects the claim that Hobsbawm was a mechanical determinist.
Capitalism and inheritance
IT is often believed that the ability to pass on property to one’s progeny is an essential element of capitalism, without which the capitalists’ incentives will dry up and the system will lose its dynamism.
A war on disabled people
The last economic crisis in Canada saw an intense and sustained attack on public services and welfare programs that disabled people require to live life.
The capitalist economy doesn’t work for workers
We believe that socialism provides the solution to the world’s ills and that marxist theory gives us the tools to enact social change we so desperately need.
Utopian socialism
The third major influence on Marx’s critique of political economy (in addition to and combined with classical economics and Hegel’s philosophy) was utopian socialism.
Meet the filthy rich war hawks that make up Biden’s new foreign policy team
“I expect the prevailing direction of U.S. foreign policy over these last decades to continue: more lawless bombing and killing multiple countries under the cover of “limited engagement,” – Biden Biographer Branko Marcetic
Can we electrify our way out of climate change–or do the rich also need to consume less?
As the Artic sea ice rapidly melts and the communities across the world suffer dire consequences, we are experiencing the tragedies from emitting greenhouse gases from human activities into the atmosphere.
Why the military establishment backed Biden
The U.S. military establishment will breathe a sigh of relief at Joe Biden’s victory in the presidential election. Nearly 800 former high-ranking military and security officials penned an open letter in support of the Democratic candidate during the campaign.
Silvia Federici: The exploitation of women and the development of capitalism
Federici demonstrates that unpaid labor–especially that of women confined to the domestic sphere and of enslaved workers–is a necessary support for waged labor.
Airports and rallies
Ding-dong, the wicked witch is dead! A wicked but very male Witch of the East seemed to be crushed under a houseful of angry voters, though this house, unlike Dorothy’s in The Wizard of Oz, was definitely not from Kansas!
Take a deep breath and then return to the work of building a new world
Finally, after much uncertainty, on the anniversary of the October Revolution of 1917, the numbers added up and U.S. President Donald Trump found that–despite winning over 70 million votes–he would not be re-elected.
Bertold Brecht: Collectivism and dialectical materialism in practice
Above all, the better part of that generation, to which Brecht belonged, still aimed at the ultimate defeat of capitalism.
Intersectional frameworks and Marxist analysis
This panel will provide an updated reflection on the relationship between Marxism and intersectionality and offer a critical gaze of what intersectionality adds (and possibly subtracts from) contemporary Marxism that is inclusive, enabling and powerful in building political practice.
William Morris’s anti-imperialism
William Morris is today remembered mainly for his designs. But, during his life he was one a prolific political journalist and socialist activist. Here, Peter Halton argues for the enduring relevance of his anti-imperialist writings.
China is working to expand its ties to Latin America
In mid-January 2020, 800 people gathered at Mexico’s Ministry of Economy to celebrate “China Day” with a seminar on Chinese-Mexican relations.
