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Karl Marx’s Road to Hell is Paved with Fake Money
Karl Marx’s Road to Hell is Paved with Fake Money “The way to Hell is paved with good intentions,” remarked Karl Marx in Das Kapital. The devious fellow was bemoaning evil capitalists for having the gall to use their own money for the express purpose of making more money. Marx, a rambling busybody, was habitually wrong. The […]
Wake From the Nightmare or Sleep for Eternity
Wake From the Nightmare or Sleep for Eternity “The tradition of the dead generations weighs like a nightmare on the minds of the living.” – Karl Marx Marx offered a thought for all seasons but one that might especially ring true during what is supposed to be a season of peace, joy and humanity. Contradicted […]
“Creating Wealth” Through Debt: the West’s Finance-Capitalist Road
“Creating Wealth” Through Debt: the West’s Finance-Capitalist Road Photo source David Shankbone | CC BY 2.0 Volumes II and III of Marx’s Capital describe how debt grows exponentially, burdening the economy with carrying charges. This overhead is subjecting today’s Western finance-capitalist economies to austerity, shrinking living standards and capital investment while increasing their cost of living […]
Dissecting the Madness of Economic Reason
Dissecting the Madness of Economic Reason David Harvey’s latest book provides a riveting reading of Marx’s Capital and a trenchant critique of a political and economic system spiralling out of control. A decade after the financial crisis of 2008, global capitalism remains in dire straits. Despite central banks providing a steady diet of low interest rates […]
The Stock Market Swings Tell You Everything You Need to Know About Our Rigged Economy
Photo: Spencer Platt/Getty Images THE STOCK MARKET SWINGS TELL YOU EVERYTHING YOU NEED TO KNOW ABOUT OUR RIGGED ECONOMY KARL MARX USED to say that unemployed people were capitalism’s reserve army. Though he didn’t invent the term, he meant that capitalism drew its strength from this army, standing at the ready to take a worker’s […]
What Is To Be Done?
What Is To Be Done? The question in the title is V.I. Lenin’s question. His answer was to create a revolutionary “vanguard” to spread revolutionary ideas among the workers, the economic class that Karl Marx had declared to be the class rising to the ascendency of political power. Finally, democracy, frustrated by upper class interests […]
The Coming Class Wars
The Coming Class Wars The forces dividing us are overwhelming those that unite us In the modern era, the phrase Class War is rooted in the socialist/Marxist concept that the conflict between labor (the working class) and capital (owners of capital) is not just inevitable—it’s the fulcrum of history. In this view, this Class War is the […]
‘Days of Revolt’: Chris Hedges, Michael Hudson Discuss How We Got to Junk Economics (Video)
‘Days of Revolt’: Chris Hedges, Michael Hudson Discuss How We Got to Junk Economics (Video) teleSUR In this episode of teleSUR’s “Days of Revolt,” Chris Hedges interviews Michael Hudson on the history of classical economics and explores Marx’s interpretation of capitalism as exploitation. Hudson is a professor of economics at the University of Missouri-Kansas City […]
What are Human Rights? Do They Include Property & Class?
What are Human Rights? Do They Include Property & Class? The real definition of a human right is a right that is believed to belong justifiably to every person. The United Nations defines Human Rights as: Human rights are rights inherent to all human beings, whatever our nationality, place of residence, sex, national or ethnic origin, colour, religion, language, […]
‘Democratic Socialism’ Means the Loss of Liberty
“DEMOCRATIC SOCIALISM” MEANS THE LOSS OF LIBERTY Democratic Party hopeful, Bernie Sanders, recently outlined what it means for him to be a “democratic socialist.” The problem is that the same label might be applied to most of the other candidates running in both the Democratic and Republican parties running to be the nominee for presidency […]
After The Great Deformation——The Next Challenge
After The Great Deformation——The Next Challenge David Stockman has written the finest piece of financial journalism of our generation: The Great Deformation: The Corruption of American Capitalism. It shows how we got into the mess we are in. Blame the government. Then blame us. It is our government. We must not parrot Flip Wilson’s Geraldine: “The […]
Marxism, Ecological Civilization, and China
Marxism, Ecological Civilization, and China China’s leadership has called in recent years for the creation of a new “ecological civilization.” Some have viewed this as a departure from Marxism and a concession to Western-style “ecological modernization.” However, embedded in classical Marxism, as represented by the work of Karl Marx and Frederick Engels, was a powerful […]
This Time is Different
This Time is Different For years, I have warned that we will face our worst nightmare – the collapse of socialism. In the death throes of this abomination that even the Ten Commandments listed as a serious sin, equal to “thou shalt not kill”, government will become the ugly beast that will devour society to retain […]
‘The Communist Manifesto’ (2015 edition)
‘The Communist Manifesto’ (2015 edition) In the Communist Manifesto, Karl Marx wrote that “a specter is haunting Europe — the specter of communism.” That image has been much adapted. The specters that have been held to haunt the Europe of today include Americanization, privatization, the far right, and the breakup of the euro, among others. Mark […]
