An Interview with David McNally
|Andrew Sernatinger and Tessa Echeverria June 29, 2014|
[It’s been nearly seven years since the onset of the global economic crisis that began in 2007. In order to get an understanding of the crisis—of its origins, depth, and trajectory, we spoke with David McNally, activist, political economist, and author of Global Slump: The Economics and Politics of Crisis and Resistance (2010) and more recently Monsters of the Market: Zombies, Vampires and Global Capitalism (2012). For readability’s sake, we have broken this interview into two parts. This first part focuses on the crisis itself, its causes, the way in which working life has been reorganized, the perspective of ruling elites in managing the crisis and pursuing austerity policies, and how this should help inform our stance as movement activists.
|by Michael J. Thompson||Summer 2014|
Inequality is the theme of our time. It should perhaps be said that it has always been so. But after the surge of globalization since the 1990s, the decreasing fortunes of the middle class, and the more recent shock of the 2008 financial crisis, it has come more sharply into focus. It is within this context that Thomas Piketty has published Capital in the Twenty-First Century, a book that is exhaustively researched and brimming with empirical data and interpretation.
|by Sean Larson||Summer 2014|
Ukrainian capitalism today is distinguished by the most fortified oligarchy of the post-Soviet states. Politics in Ukraine have been subject to volatile lurches over the last decade, driven by the direct involvement of masses of Ukrainians. Meanwhile, shaping the economic, political, and ideological aspects of society and daily life in Ukraine is a ubiquitous inter-imperialist competition between Russia on the one side and the United States and the European Union on the other.
|by Bob Turansky June 23, 2014|
Göran Therborn. The Killing Fields of Inequality. Cambridge, UK: Polity Press, 2013. Hardback: $40.00 Paperback: $19.95 Kindle: $9.99
|by Martin Oppenheimer May 30, 2014|
What is the “Middle Class”?
|by Daniel Larkins|
Arundhati Roy, Capitalism: A Ghost Story. Haymarket, April 2014, $15 paperback.
When you think of ghost stories, you may recall Henry James, Hamlet, or Banquo. Maybe you smell a camp fire, the story going around, the threat of the flame as you extend your arm and that impaled marshmallow over the heat. Or maybe you sense those dying embers, the cool of night taking its grip.
|by Michael Löwy||Winter 2014|
Ecosocialism is an attempt to provide a radical, civilizational alternative to capitalism, rooted in the basic arguments of the ecological movement, and in the Marxist critique of political economy. It opposes to capitalism’s destructive progress (Marx) an economic policy founded on non-monetary and extra-economic criteria: social needs and ecological equilibrium.
|by Dianne Feeley December 15, 2013|
During the early days of second-wave feminism, I remember reading Judy Brady’s essay “I Want a Wife” about how everyone needed “a wife,” that is someone to take care of the tasks of everyday life, as women were raised to do.
|Michael Hirsch November 19, 2013|
Growing Income Disparities ‘Danger to System,’ says Former Clinton Labor Secretary
(A mixed review of Robert Reich’s documentary ‘Inequality for All’)
|by Robin Hahnel November 4, 2013|
[The following open letter to more than 60 environmental justice organizations is a revised version of a talk given at a conference on "The Political Economy of the Environment" held in Brooklyn, New York, on October 5, 2013, co-sponsored by the Union of Radical Political Economy and New Politics. It will appear in the Winter 2014 issue of New Politics as part of a special section on the environment, featuring articles from several different points of view.
|Michael Hirsch November 1, 2013|
Review of The Unwinding: An Inner History of the New America by George Packer, Farrar, Straus and Giroux, 2013
This American life is a mess, argues George Packer in The Unwinding: An Inner History of the New America. It’s a nation fraying, with core institutions from government and finance to housing, jobs and education dysfunctional or “unwound.”
|by Brian King October 3, 2013|
Is there a fundamental conflict between a healthy environment and a healthy economy?
|Barry Finger September 24, 2013|
That is the affirmative conclusion one might reasonably come to by listening to the Democrats and their MSNBC and Nation magazine echo chambers. Far right monies bundled together by conservative “social welfare” groups are said to be defying a hapless public powerless to thwart the House Republicans from exercising veto power over the budget process, in their effort to impose more austerity and defund the Affordable Care Act.
|by Gregory N. Heires August 1, 2013|
Perhaps you shouldn’t be surprised that the chief economist during George W. Bush’s presidency seems happy that economic inequality in our country is at its most extreme since the Great Depression.
After all, the Bush administration delivered huge tax breaks to the wealthy, the very people described by the former president as his political base.
|by Ben Luongo July 25, 2013|
The International Monetary Fund acknowledged making an egregious error in its evaluation of the Greek bailout it helped create after its ambitious push for harsh austerity last month. Their failed analysis highlights the dangers of austerity measures imposed on Greek citizens. According to the IMF report: