With the reassertion of the dominance of finance, in the guise now of an international finance capital, the third world States have withdrawn from supporting petty producers, a process of income deflation is in full swing, and the imperialist arrangement is back in place, because of which we can see once more a tendency towards […]
Capitalism is characterized by both centripetal and centrifugal tendencies. There is not and cannot be a transnational capitalist state and for that reason there cannot be a transnational capitalist class.
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.
For Klein, developing a meaningful anti-shock politics involves some combination of what Sanders represented and what Clinton symbolized: Sanders with respect to class and economics, Clinton as far as race and gender, and everything else. Imperialism and war scarcely enter the argument.
The same theories of racial hierarchy that have been used historically to justify violent thefts in the name of building the industrial age are surging to the surface as the system of wealth and comfort they constructed starts to unravel on multiple fronts simultaneously. Trump is just one early and vicious manifestation of that unraveling. […]
If accumulating wealth is the basic objective of capitalism, organising production using wage labour is only one of the ways it can be achieved. What finance does is to open an alternative route to reach the same objective, that is via transaction.
Haitian writer, producer, and director, Roal Peck—whose blockbuster documentary I Am Not Your Negro has become the highest-grossing non-fiction release from Magnolia Pictures—has chosen the Young Karl Marx as the topic of his next film.
The information contained within the 2017 edition of the National Footprint Accounts, and especially its elegant publishing platform, will be useful to critics of the status quo maintained by the major capitalist economic powers. To make sense of the data critically, however, one must go far beyond the explanation given below, as root causes are […]
The article discusses surveillance in today’s capitalist society with a reference to a recent revelation that the German intelligence agency spied upon scores of foreign journalists.
Something new is taking shape in the world: in more than 30 countries, people are calling for an international women’s strike on the 8th of March.
The truth is that the environmental problems and the mounting catastrophes facing humanity have everything to do with economic and environmental injustice and a society that put the accumulation of capital before people and the planet. This is so much the case that we will increasingly see the development of an environmental proletariat where the […]
400 ppm In January 2015, scientists recorded atmospheric levels of carbon dioxide above 400 parts per million on a regular basis — the first time such a level had been detected so early in the calendar year. It is well established that levels of CO2 above 350 (already well above the preindustrial norm of […]
This article was first published by the Hankyoreh on 25 November 2014; it is reproduced here for non-profit educational purposes.
On 10 June 2014 FIFA released a “Frequently Asked Questions” pamphlet “Setting the Record Straight” on what it purports to be some misconceptions about FIFA’s role and the socio-economic impact of the FIFA World Cup. The release of the pamphlet is significant as it is the first time that FIFA has been forced by […]
So the world didn’t end after all and the ‘Mayan apocalypse’ turned out to be another in a long line of doomsday-related tall tales and hoaxes. No doubt a hard-core of Armageddon enthusiasts who really did believe — or wanted to believe — that the ‘Mayan prophecy’ was anything other than a load of […]
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