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Economic Democracy, Not Austerity or Keynesian "Growth"
Seeded on Thu May 10, 2012 4:04 PM EDT (Truthout - All Articles)
Recent defeats of Dutch, Greek and French governing parties show rising opposition to their austerity policies. Across Europe and North America, similar oppositions mount. Bailing out large financial and other corporations with borrowed money has been the almost universal gover …
Economic Update - Keynesian vs. Marxian Economics [podcast audio file]
Seeded on Tue May 8, 2012 3:21 AM EDT (rdwolff.com)
Slightly different format divides today's program into two parts. Part 1 deals with how and why government take-over of private corporations need not be and often is not "socialism" and why it is often done to strengthen private capitalists. Part 2 deals with Keyn …
The Birth of Capitalism: A Twenty-First-Century Perspective
Seeded on Tue May 8, 2012 2:02 AM EDT (Counterfire)
Henry Heller's Birth of Capitalism is a lucid and comprehensive introduction to a range of central debates concerning Marxist arguments and interpretations of recent history. The origins of the capitalist system in a series of revolutionary transformations, political, industri …
The Endless Crisis
Seeded on Tue May 8, 2012 12:22 AM EDT (Monthly Review)
The Great Financial Crisis and the Great Recession began in the United States in 2007 and quickly spread across the globe, marking what appears to be a turning point in world history. Although this was followed within two years by a recovery phase, the world economy five years …
Welcome to the 2012 Hunger Games -- Sending Debt Peonage, Poverty, and Freaky Weather Into the Arena | Rebecca Solnit
Seeded on Thu May 3, 2012 12:09 AM EDT (TomDispatch)
Sacrificing the Young in the Arenas of Capital [sic - and a perfect play on words] The Hunger Games, Suzanne Collins’s bestselling young-adult novel and top-grossing blockbuster movie, is all about this very moment in so many ways. For those of you hiding out deep in the …
Confronting Savage [economic] Growth
Seeded on Tue May 1, 2012 2:09 AM EDT (Reports from the Economic Front)
Here are two charts from an Economic Policy Institute report that highlight the workings of savage growth in the United States. The first shows a sharp divergence, beginning in the mid-1970s, between productivity and hourly compensation for private-sector production/nonsu …
Second Coming Shocker! Karl Marx Returns to Earth Instead of Jesus!
Seeded on Thu Apr 26, 2012 4:25 PM EDT (MRZine)
NEW YORK, NY -- Millennial Christians and godless communists alike were stunned when nineteenth-century economist and revolutionary Karl Marx suddenly returned from the dead about two hours ago to land, in bodily form, at the corner of Nassau and Wall Streets. His appearance i …
Too Big to Fail Has Gotten Bigger
Seeded on Wed Apr 25, 2012 1:15 AM EDT (Reports from the Economic Front)
Too big to fail—that was the common explanation voiced at the start of the Great Recession for why the Federal Reserve had no choice but to channel trillions of dollars into the coffers of our leading banks. But, the government also pledged that once the crisis was over i …
Prison Labor as the Past -- and Future -- of American "Free-Market" Capitalism
Seeded on Fri Apr 20, 2012 5:36 PM EDT (TomDispatch)
Sweatshop labor is back with a vengeance. It can be found across broad stretches of the American economy and around the world. Penitentiaries have become a niche market for such work. The privatization of prisons in recent years has meant the creation of a …
Richard Wolff: 'They like a little radicalism. They have been waiting'
Seeded on Thu Apr 19, 2012 7:26 PM EDT (Guardian Unlimited)
Richard Wolff sat in a downtown Chicago coffee shop and confessed he was having the time of his life. "I am a little like a kid in a candy store. I really am," Wolff said with a grin, using the sort of language not usually associated with the dry world of Marxist economics. Bu …
RIO+20: Building a Sustainable and Desirable Economy-in-Society-in-Nature
Seeded on Tue Apr 17, 2012 7:12 PM EDT (garalperovitz.com)
The world has changed dramatically. We no longer live in a world relatively empty of humans and their artifacts. We now live in the “Anthropocene,” era in a full world where humans are dramatically altering our ecological life-support system. Our traditional economi …
A Short History of Neoliberalism
Seeded on Fri Apr 13, 2012 12:42 AM EDT (New Left Project)
As a university lecturer, I often find that my students take today’s dominant economic ideology – namely, neoliberalism – for granted as natural and inevitable. This is not entirely surprising given that most of them were born in the early 1990s, for neolibera …
Sado-Monetarism: The Role of the Federal Reserve System in Keeping Wages Low
Seeded on Mon Apr 2, 2012 3:20 AM EDT (Monthly Review)
Author’s Note: My book The Invisible Handcuffs of Capitalism (Monthly Review Press, 2011), from which this article is adapted, tells the story of how orthodox economists have systematically excluded all consideration of work, workers, and working conditi …
Whose Recovery?
Seeded on Sat Mar 31, 2012 9:51 PM EDT (Robert Reich)
The Commerce Department reported Thursday that the economy grew at a 3 percent annual rate last quarter (far better than the measly 1.8 percent third quarter growth). Personal income also jumped. Americans raked in over $13 trillion, $3.3 billion more than previously thought. …
The Rich Get Even Richer
Seeded on Sat Mar 31, 2012 2:54 AM EDT (The New York Times)
In 2010, as the nation continued to recover from the recession, a dizzying 93 percent of the additional income created in the country that year, compared to 2009 — $288 billion — went to the top 1 percent of taxpayers, those with at least $352,000 in income. That de …
Future Worker-Owners of the World, UNITE! Union co-op model for the 99% released, based on Mondragon.
Wed Mar 28, 2012 7:58 AM EDT
On March 26, 2012, the USW, Mondragon, and the Ohio Employee Ownership Center (OEOC) announced a detailed union co-op model which draws heavily on the successes of the Mondragon federation of worker-owned cooperatives in the Basque region of Spain.
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Capitalist Globalization
Seeded on Fri Mar 23, 2012 5:29 PM EDT (Reports from the Economic Front)
The Obama administration continues to push new free trade agreements, arguing that they are needed to boost job creation. The latest attempt is the Trans-Pacific Partnership (TPP). So far nine countries are engaged in negotiating this …
Does Mark Zuckerberg Really Deserve All That Money?
Seeded on Wed Mar 14, 2012 2:01 AM EDT (Gar Alperovitz)
On Monday, Bloomberg News estimated that Mark Zuckerberg, Facebook’s 27-year-old founder, will be worth about $21 billion based on his company’s forthcoming initial public offering. Although he won’t qualify (yet) for a slot among the planet’s …
Manifesto For Economic Democracy and Ecological Sanity
Seeded on Thu Feb 2, 2012 11:11 PM EST (Romantic-Future | Facebook)
A new historical vista is opening before us in this time of change. Capitalism as a system has spawned deepening economic crisis alongside its bought-and-paid for political establishment. Neither serves the needs of our society.
A Marxist History of The World
Seeded on Tue Jan 24, 2012 6:51 PM EST (Counterfire)
In his ongoing series of articles, Neil Faulkner examines the development of human civilization through the lens of historical materialism. Neil Faulkner is an archaeologist, historian, and member of the editorial board of Counterfire. [bio] _______________ The Rea …
Reading Marx's Capital Volume II Videos to Debut on Friday January 27 | David Harvey
Seeded on Tue Jan 24, 2012 1:19 AM EST (DavidHarvey.org)
This Friday, January 27th, the first video from the new Reading Marx’s Capital Volume II series will debut on this website.
The Revenge of History - "Marx was right!"
Seeded on Wed Jan 18, 2012 8:00 PM EST (IMT)
“Marx was right!” For Marxists, this is not a particularly profound revelation. We have long known that the German revolutionary's analysis of capitalism was as fundamentally sound as the capitalist system itself is fundamentally unsound.
Extreme Inequality or Democracy? | Dissident Voice
Seeded on Wed Jan 18, 2012 6:53 PM EST (Dissident Voice)
Last autumn, likely due to the Occupy movement, there was a shift of media attention from debt reduction and the cutting of vital public programs (for example, Social Security, Medicare and Medicaid) to the issue of extreme wealth and income inequality in America.
Occupy Wall Street: The View from Davos - The World Economic Forum Weighs In
Seeded on Wed Jan 18, 2012 4:19 AM EST (Dissident Voice)
The World Economic Forum’s Risk Response Network (RRN) was launched in 2004 to provide public and private sector leaders with “an independent, impartial platform to map, measure, monitor, manage and mitigate global risks.” This is the RRN’s seventh annua …
Europe: crisis upgraded | Counterfire
Seeded on Sun Jan 15, 2012 8:12 PM EST (Counterfire)
Debt downgrades and failed Greek negotiations show Europe on the brink. James Meadway looks at the consequences.
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dignitatem societatis
Member Since: 3/2011
Recommendations
Books
- Against Capitalism
- After Capitalism (New Critical Theory)
- Capital, Volume 1
- A Companion to Marx's Capital
- The Enigma of Capital
- America Beyond Capitalism
- Capital, Volume 1 - Free Online E-Book (complete)
Video
- Reading Capital With David Harvey - Class 1 of 13
- Marxian Economics - UMass Online Course Lectures
- David Schweickart on Economic Democracy - Part 1
- Market Socialism Vs Parecon - Part 1 of 7
- Alperovitz and Schweickart at ICAPE 2011
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Amid mass unemployment, corporate profits surgeAmid deepening poverty and unemployment for masses of American working people, the largest US corporations once again posted record profits last year. Fortune magazine released its ranking of the 500 biggest US corporations Monday, which showed that they received a record- …
- Economic Democracy, Not Austerity or Keynesian "Growth"
Recent defeats of Dutch, Greek and French governing parties show rising opposition to their austerity policies. Across Europe and North America, similar oppositions mount. Bailing out large financial and other corporations with borrowed money has been the almost universal gover …
- Economic Update - Keynesian vs. Marxian Economics [podcast audio file]
Slightly different format divides today's program into two parts. Part 1 deals with how and why government take-over of private corporations need not be and often is not "socialism" and why it is often done to strengthen private capitalists. Part 2 deals with Keyn …
- The Birth of Capitalism: A Twenty-First-Century Perspective
Henry Heller's Birth of Capitalism is a lucid and comprehensive introduction to a range of central debates concerning Marxist arguments and interpretations of recent history. The origins of the capitalist system in a series of revolutionary transformations, political, industri …
- The Endless Crisis
The Great Financial Crisis and the Great Recession began in the United States in 2007 and quickly spread across the globe, marking what appears to be a turning point in world history. Although this was followed within two years by a recovery phase, the world economy five years …
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Economic Democracy, Not Austerity or Keynesian "Growth"
Economic Democracy, Not Austerity or Keynesian "Growth"
Economic Democracy, Not Austerity or Keynesian "Growth"
Economic Democracy, Not Austerity or Keynesian "Growth"
New Obama slogan has long ties to Marxism, socialism
New Obama slogan has long ties to Marxism, socialism