Capitalism

On Ingratitude: A Reply to David Webb

09.05.2017

To the question of whether Europeans owe anything to Britain the answer, I agree, is most certainly yes.  As to whether Britons owe anything to Continental Europeans, the answer is surely an even more resounding yes.  That is not to attenuate Brit

The Structure of Hegemony

By Karl von Piloty - Public Domain, commons.wikimedia.org/w/index.php?curid=11514830
11.04.2017

When we say that the mega-corporations are secondary actors in international relationships and that commonly require the states to act, we are not unaware that the mega-corporations, the World Bank or the International Monetary Fund and other inte

On the unity of workers for a socialist world order

02.01.2017

When the workers of all countries unite for the common cause of a creating a society where the capitalists and owners of the means of production do not control the lives and destinies of the 99% of human beings in the world, any such unity in Marx

Making of History

12.11.2016

“Men make their own history, but they do not make it as they please; they do not make it under self-selected circumstances, but under circumstances existing already, given and transmitted from the past.

Financial Oligarchy vs. Feudal Aristocracy

15.02.2016

Like the feudal rent, the hidden tribute to the financial sector, the nearly 40 percent of consumer spending that is appropriated by the financial sector, helps explain how wealth is systematically transferred from Main Street to Wall Street. The rich get increasingly richer at the expense of the poor—not just because of greed or the blind forces of the market mechanism but, more importantly, because of deliberate monetary/economic policies, which have steadily come under effective control of the financial oligarchy. Indeed, the very mechanism of money creation and/or monetary policy itself exacerbates inequality.