Reprise
A Question of Place
Topics: Capitalism , Democracy , Movements , Political Economy
Places: Americas , United States
On February 29, 2000, a first-grader in the Buell Elementary School in Flint took a semi-automatic rifle to school and fatally shot his classmate, six-year-old Kayla Rolland. Since then, there have been countless stories about the tragedy in the media. Those I have read or heard have focused on the chaos in the boy’s family and/or guns in the home and community. All have avoided saying that Buell School is in Flint. Instead they have located it in “Mt. Morris Township, somewhere near Flint.”… Buell Elementary School is in the Flint Beecher school district, and has a Flint address and a Flint phone number. But Flint officials, in collusion with GM, deny that Buell is in Flint, which has been known as Buick City. They want to dissociate GM from the devastation and violence that have overtaken the city since the Buick plant closed down.… I was in Flint a couple of weeks before the Buell shooting and GM’s responsibility for the city’s disintegration is as plain as day. A generation ago, Flint was a thriving working-class town. Now the abandoned Buick plant, spread out over an area as large as Detroit’s downtown, sits like a ghostly monster in the midst of empty parking lots, surrounded by block after block of tiny houses, little more than shacks, which once housed GM workers. No wonder Flint suffers from one of the highest per capita rates of murder, rape, and theft in the country.… | more…
The Scars of the Ghetto
Topics: Capitalism , Health , Inequality , Political Economy
Places: Americas , United States
Possibility and Hope
Getting from Here to There
Topics: Ecology , History , Movements
Places: Americas , United States
Pete Seeger is an environmental advocate who understands the transforming power of immersion in nature. However, his desire to restore his cherished Hudson River posed a monumental challenge in the 1960s. The Hudson River, once so majestic that it inspired the Hudson River School painters, had become a sewer for the communities and commercial industries that populated its shoreline. Seeger’s approach to reversing the degradation of the Hudson River involved a unique form of advocacy and organizing. He envisioned healing the Hudson through immersion. His approach involved bringing people back to the river aboard a 106-foot replica of a Hudson River sloop (a single-masted sailboat), one that resembled the boats that traversed the Hudson in centuries past. By 1969, with Seeger as the driving force behind its creation, the sloop Clearwater was constructed and launched. It still sails today and serves as an inspiring symbol of citizen activism on behalf of the natural environment.… | more…
Voices of Socialism: Karl Marx
By vocation, Marx was not an economist, or a philosopher, or a sociologist. He was a revolutionary who, being deprived of the opportunity of participating in revolutions in the years after 1848, turned to the detailed analysis of the economic system he wanted to overthrow. Marx never ceased to stress the liberating quality of practical activity; but he himself was compelled by the circumstances of his time to devote most of his life to theoretical work.… | more…
The United States Has Lost the War
An Interview
Topics: History , Imperialism
The Military Defeat of the South Africans in Angola
Capitalism and the Fallacy of Crude Underconsumptionism
Topics: Economic Theory , Marxism , Political Economy
The question of “underconsumptionism” is a tangled one—due not only to the commonplace fallacy associated with what is known as “crude underconsumptionism,” but also because the term has been used at various times to refer to what Joseph Schumpeter in his History of Economic Analysis called “non-spending” or effective demand theories (the second in a typology of underconsumption theories designated by Schumpeter). Underconsumption in this sense, however, would encompass theorists like Keynes and Kalecki who focus not on underconsumption per se, but on underinvestment. Hence, the term is no longer applied to theories of this type (except by some Marxian critics of “underconsumptionism”).… In the following exchange with Jonathan Penzner published in the April 1982 issue of Monthly Review, Harry Magdoff and Paul Sweezy, then editors of the magazine, pointed to the fallacy of crude underconsumptionism.
Lenin and the “Aristocracy of Labor”
An Ex-Marine Sees Platoon
Topics: History , Imperialism , Literature
Leo Cawley (1944-1991) grew up in suburban south Florida and graduated from high school in Jacksonville in 1962, receiving one of two William Faulkner scholarships awarded that year by the University of Virginia, based on two short stories and three poems he had written. He had a bright future as a creative writer.… Instead, he soon he found himself in the Marine Corps and on the front lines in Vietnam, wounded in action more than once. It became the transformative experience of Cawley’s life.… It was in Vietnam that he was poisoned by the defoliant Agent Orange sprayed by the U.S. military with little regard for its own troops…. As a result, in 1980 he developed the multiple myeloma that would kill him eleven years later.… In this essay on Oliver Stone’s film Platoon, reprinted below, Cawley points out that the authors of nineteenth-century realist novels, writing in the era of the Industrial Revolution and triumphalist capitalism, sought to tell their readers what quotidian life and work was like.… The critical insights in this piece and in others demonstrate this. His perspective, at once radical and sharp, grows both from his life experience and his formidable talents.… | more…
Why Stagnation?
Topics: Economic Theory , Political Economy , Stagnation
The question “Why Stagnation?” has a rather special significance for me. I started my graduate work in economics exactly fifty years ago this year. The cyclical downturn which began in 1929 was nearing the bottom. Unemployment in that year, according to government figures, was 23.6 percent of the labor force, and it reached its high point in 1933 at 24.9 percent. It remained in the double-digit range throughout the decade. Still, a recovery began in 1933, and it turned out to be the longest on record up to that time. Even at the top in 1937, however, the unemployment rate was still 14.3 percent, and it jumped up by the end of the year. That also happens to be the year I got my Ph.D. Can you imagine a set of circumstances better calculated to impress upon a young economist the idea that the fundamental economic problem was not cyclical ups and downs but secular stagnation?… | more…