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Subjects Archives: Stagnation

The sausage room at the P & M Packing Company

Willetts the conqueror (part 5): knowledge exchange

In addition to subsumption of teaching and research, the third mission of neoliberal marketisation has been termed, “knowledge exchange.” The introduction of this mission represents not only a fundamental attack on the academic profession, but also a desperate attempt to marshal the knowledge-producing powers of universities to kick-start a stagnating post-crisis global economy.

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The US economy

Bubbles, stocks and crashes

WHAT is happening in the U.S. economy provides an object lesson on the functioning of neo-liberal capitalism. Pre-first world war capitalism which had witnessed the long Victorian and Edwardian boom had relied on the colonial arrangement for the system’s dynamics.

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Illustration of Stagnation

Secular Stagnation

The fundamental changes I would advocate are those that would: dramatically boost worker power; secure a progressive and growing funding base for a needed expansion of public housing and infrastructure and public spending on health care, education, and transportation; and end the production and use of fossil fuels and significantly reduce greenhouse emissions.

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Capitalists Tipping Scales "Change"

Finance, Crisis, and Stagnation

In this presentation Mexie begins to elaborate the theory of monopoly capitalism developed by Paul Baran and Paul Sweezy, incorporating recent theoretical development by John Bellamy Foster and Robert McChesney. Mexie has produced a number of other videos on the topic as well.

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Comic about Trump in the LA Times

Trump’s March of Folly

The Trump White House is neofascist in terms of its political base, its ideology, and the policies it is advocating. The rest of the U.S. state, the Congress, the judiciary… are not at present neofascist. So we are in a period which is analogous to what the Nazis called Gleichschaltung (bringing into line), which means […]

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Joan Acker, Socialist Feminist

Joan Acker, who died on June 22, 2016, was one of the foremost socialist feminists of the late twentieth and early twenty-first centuries.  Her work about gender and class drew much of its creativity from a continual though uneasy engagement between feminism and Marxism.  She was one of the initial subscribers to Monthly Review, beginning […]

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Bangladeshi Trade Unionists Stand in Solidarity with Workers in Wisconsin, Ohio, and Elsewhere

Are Sanders and Fair Trade a Threat to the Global Poor?

On April 24, 2013, some 1,134 people died in the collapse of the Rana Plaza complex outside Dhaka, the capital of Bangladesh.  The building housed factories where low-wage workers, largely women, stitched garments for the U.S. and European markets. For several years before the disaster a number of U.S. opinion makers — notably New York […]

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The Challenge Before the Latin American Left

  The Left upsurge in Latin America appears to be abating.  In October 2015 Jimmy Morales, the conservative candidate in Guatemala, defeated the Left-leaning Sandra Torres in the presidential elections.  On November 22, Mauricio Macri, the conservative presidential candidate in Argentina, defeated Daniel Scioli, his Peronist rival, by a narrow margin, to bring to an […]

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The Liberals and Inequality, Then and Now

Articles on income equality sometimes note that the U.S. economy hasn’t faced the current level of disparity since 1928, on the eve of the Great Depression.  There has been much less discussion of the responses to the issue back then, even though income inequality was a major concern for policymakers as the Depression deepened and […]

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