Category: Political Economy

Cuba’s New Economic Turn

A series of recent developments in Cuba have struck the already faltering economy of the island leading the government to adopt a series of economic policies that point towards a greater opening to capital while maintaining the political controls of the one-party state.

The Hunger of Vibrant Matter: Materialism and Food in the Pandemic

The fundamental contradiction between production for exchange (profit) versus production for use (need) is the source not only of intermittent food deprivation, but of chronic and acute, life-threatening hunger for hundreds of millions of people worldwide.

Pandemic, Polarization, and Resistance in the US; an Interview with Ashley Smith

This interview of Ashley Smith was conducted by Joseph Daher for the newspaper of the Swiss socialist party Solidarités, and the French leftwing website, Contretemps. 

Economics for the People

“A People’s Guide to Capitalism is a tremendous contribution to the understanding of economics today, and more importantly how we can get rid of capitalism.” Steve Leigh reviews a new book by Hadas Thier.

The Seeds of Revolution Have Sprouted: What is Now to be Done?

Turning points in history are very rare. We are now living in the midst of one, with the two months of virtually continuous protests against police abuse, the criminal injustice system, and for a human society that have swept the U.S. as well other parts of the world since the police murder of George Floyd on May 25.

Coronavirus and the World Economy

The coronavirus pandemic has both detonated a global economic crisis and exacerbated a preexisting crisis, economic and political, of the capitalist world economy.

Dark Satanic Mills

A review of Josh Freeman’s history of factories.

The Farm Equipment Workers

A History of Radical Labor

A review of Toni Gilpin’s history of labor struggles in the American heartland.

Walking the Tightrope: Latin America’s Pink Tide

A review essay on Steve Ellner’s collection on the Latin American turn to the left.

“Campism” and the “New” (Anti-) Imperialisms

An exploration of the meaning and implications of “campism.”

Pandemic, Depression, and Authoritarianism

We Must Fight for the Future

The United States confronts an uncertain future in the face of an unprecedented situation.

U.S. Imperialism and Africa’s “Perfect Storm”

Public Health Crisis, War, and Financial Crash

Public health crisis, financial crash, and the new scramble for Africa.

China and the United States: A New Cold War

The United States and China are locked in a spiraling conflict over everything from the pandemic to trade, investment, high tech, geopolitics, and military hegemony in Asia.

Puerto Rico Faces Crises: COVID, Hurricanes, Earthquakes, Drought

The United States has suffered 135,000 deaths from COVID-19 and has tens of millions of unemployed and both crises continue now into the fifth month, but nowhere has the economic crisis been greater than in the U.S. colony of Puerto Rico.

Robbers, Takers, and Givers

Capitalism, Patriarchy and Racism Exposed

A review essay of Tithi Bhattacharya’s collection “Social Reproduction Theory: Remapping Class, Recentering Oppression”

Mexican President AMLO to Visit Trump, both Hope for a Boost Amid Crises

Failing at home, Mexico’s president Andrés Manuel López Obrador (AMLO) will visit U.S. President Donald Trump this week to celebrate the new North American trade pact. Each hopes to get a political boost from the visit. That seems unlikely, especially for AMLO.

Trump Rallies for Reopening as Biden Strengthens His Position

Donald Trump held his first campaign rally in months on June 20 in an indoor arena in Tulsa, Oklahoma where speaking to a smaller than expected crowd of only 13,000 he minimized the seriousness of the coronavirus pandemic still spreading across the country and failed to address the police racism and violence that have led to protests by hundreds of thousands.

Are We Also Ready to Confront the Wages of Complicity?

As this movement against systemic anti-blackness continues to take shape, it’s really important that we call out this “system” by its name–racial capitalism, which has always functioned through racial domination and class hierarchies, on appropriated land.

Trump, Sanders, and the Crisis of Neoliberalism (Part Two)

The fundamental contradiction for many socialists when considering Bernie’s candidacy is simple. He ran as a socialist (or at least a social democrat) within a capitalist party.

Trump, Sanders, and the Crisis of Neoliberalism (Part One)

We continue to live in the shadow of the Great Recession of 2008. The protracted and partial economic recovery has led to a political and ideological crisis of neoliberalism.

Ecology, Democracy and Development: Capitalist Crises and Covid-19

For the past four months Covid-19 has revealed the contradictions and unsustainability of global capitalism perhaps in a manner that no other single phenomenon has ever done in history.

Top