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The decline of America
by Noam Chomsky In the 2011 summer issue of the journal of the American Academy of Political Science, we read that it is “a common theme” that the United States, which “only a… Read More →
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A Marxian interpretation of the economic crisis
by Stephen Resnick and Richard Wolff Two different and contending mainstream theories have explained capitalism’s repeated crises over the last century. Each time each theory proposed correspondingly...
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Economics, happiness, and life-coherent societies
by Jeff Noonan In a 2007 report on the environmental and economic impact of intensified exploitation of the Alberta Oil Sands, then Chief Economist of the Toronto Dominion Bank, Don Drummond,...
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Marxism: Dead or alive?
by Zoltan Zigedy Twenty years ago Marxism was in retreat. Actually, it had been in retreat much earlier than the fall of the Soviet Union and Eastern European socialism a decade before the… Read More →
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An infernal machine: A new reading of Capital
by Fredric Jameson My title promises a preview of my forthcoming book, Representing Capital, a commentary on Volume I of Marx’s Capital, which I read somewhat differently than many of the standard...
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Towards a post-Occupy world
by Richard J. White Running deeply through radical critiques that have emerged across dissident academic, activist and public communities — critiques that have pricked the mainstream consciousness...
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Getting serious about politics
by Zoltan Zigedy Economic relations clarify politics just as politics can return the favor. In truth, it is impossible to fully understand one without an understanding of the other, and especially...
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Nightfall: Dimming of the dream and search for an alternative
by P. J. Laska Given the emphasis on imposing hegemony by military means, it is a splendid irony that ‘American Way of Life’ should share its acronym (AWOL) with the military term “Absent… Read More →
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The 1%, exploitation and wealth
Tim Di Muzio interviews Shimshon Bichler and Jonathan Nitzan I Tim Di Muzio: You argue that the capital as power framework does not offer a general theory of society but an incisive account… Read More →
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Taking notes 10: Plutonomy and the precariat
by Noam Chomsky The Occupy movement has been an extremely exciting development. Unprecedented, in fact. There’s never been anything like it that I can think of. If the bonds and associations it has…...
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Reading Thomas Piketty: A Critical Essay
by Zoltan Zigedy I should perhaps add that I experienced the American dream at the age of twenty-two, when I was hired by a university near Boston just after finishing my doctorate… Here… Continue...
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Capitalist economics and the economics of Capital
by John Weeks Peddling Ideology as Science All social sciences carry a heavy burden of ideology, but none heavier or more explicit than what currently passes for mainstream economics. Critics often...
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Can capitalists afford recovery? Three views on economic policy in times of...
by Jonathan Nitzan and Shimshon Bichler Economic, financial and social commentators from all directions and of various persuasions are obsessed with the prospect of recovery. The world remains mired in...
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