Category: Political Economy

The Decline and Fall of Neoliberal Hegemony

In his scathing, Sturm und Drang takedown of the 1851 French dictatorial coup, The 18th Brumaire of Louis Napoléon, Marx remarks that history repeats twice: “the first time as tragedy, the second time as farce.” Thus when Luther pit himself . . .

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The Angst of the 1%

The New York Times (1/22/19) reported on a bleak letter by the billionaire investor Seth Klarman that was circulated at the World Economic Forum in Davos.  The letter warns about the coming financial crisis amid increased levels of social . . .

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A Preview of “What is Post-Modern Conservatism?: Essays on Our Hugely Tremendous Times”

What is Post-Modern Conservatism: Essays on Our Hugely Tremendous Times is going to be released later this year by Zero . . .

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Beyond The Nation State: A Critical Look At Venezuela’s Current Crisis

Venezuela has made headlines in the last few weeks, as Venezuelan opposition leader and National Assembly head Juan Guaidó has declared himself interim President, throwing the country into turmoil. Current President, Nicolás Maduro has called the effort a coup. Meanwhile, . . .

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An Economist’s Case for Socialism

It is all too rare that an economist makes the case: socialism or barbarism. Or, in Alan Nasser’s more piquant alternatives, socialism or fascism. Economics is a hedging profession of carefully detailed countervailing forces and measured equivocation. Even the seemingly . . .

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How NGOisation Provides Cover for the Murder of Shack Dwellers

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In South Africa ten members of a militant shack dwellers organisation have been assassinated in the past six years. Yet many progressive organisations have distanced themselves from these militants. Jared Sacks exposes the complicity of a mainstream NGO that could have played an important role defending the movement against these political assassinations. Sacks argues that when movements refuse co-optation, repression, including assassination, become necessary to maintain power.

Marx Turns 200: A Mixed Gift

A World to Win: The Life and Works of Karl Marx
By Sven-Eric Liedman
Translated by Jeffrey N. Skinner
Part of the Marx 200 series
Verso Books, 2018, 768 pages, $40 hardcover.
Amid an outpouring of discussion and new works marking the bicentennial of Karl . . .

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Brazil’s Racial Capitalism at a Turning Point

Rising Militarization after Two Decades of Workers’ Party Government