Karl Marx’s Revenge: Class Struggle Grows Around the World | TIME.com

Karl Marx’s Revenge: Class Struggle Grows Around the World | TIME.com. Karl Marx was supposed to be dead and buried. With the collapse of the Soviet Union and China’s Great Leap Forward into capitalism, communism faded into the quaint backdrop of James Bond movies or the deviant mantra of Kim Jong Un. The class conflict … More Karl Marx’s Revenge: Class Struggle Grows Around the World | TIME.com

Crash! A brief history of modern global capitalism – audio slideshow | Comment is free | theguardian.com

Crash! A brief history of modern global capitalism – audio slideshow | Comment is free | theguardian.com. An amazing slideshow of a century of capitalist development and economic crisis narrated by one of my former professors, Leo Panitch, author of The Making of Global Capitalism.

Rethinking the Industrial Revolution

Five Centuries of Transition from Agrarian to Industrial Capitalism in England Michael Andrew Žmolek, University of Iowa In Rethinking the Industrial Revolution: Five Centuries of Transition from Agrarian to Industrial Capitalism in England, Michael Andrew Žmolek offers the first in-depth study of the evolution of English manufacturing from the feudal and early modern periods within … More Rethinking the Industrial Revolution

The Making of Global Capitalism

The Making of Global Capitalism A groundbreaking account of America’s role in global capitalism By Leo Panitch and Sam Gindin The all-encompassing embrace of world capitalism at the beginning of the twenty-first century was generally attributed to the superiority of competitive markets. Globalization had appeared to be the natural outcome of this unstoppable process. But … More The Making of Global Capitalism

Capitalism

I found this rather entertaining Cold War propaganda film about capitalism on youtube. It was filmed in 1948, and despite the obvious pro-capitalist bias, at least has some female representation.

On Hayek and State Power

The Republican right is a rather tenuous mix of classical liberals, neo-conservatives and libertarians. The tensions between neoconservatism on the one hand, and classical liberalism and libertarianism on the other, has often been noted. Perhaps less attention has been given to the tensions between the classical liberal and the libertarian tendencies of the right. Both, … More On Hayek and State Power

Osborne economics is not an invincible force of nature | John Harris

A sobering account of the state of the UK economy and the politics of the current crisis. Those parading the recent (modest) growth figures as evidence of a recovery should take stock of the deeper structural problems facing the UK. http://www.theguardian.com/commentisfree/2013/aug/16/george-osborne-economy-force-nature?post_id=742833106_10151631241043107#_=_

UK Workers suffer longest wage squeeze since 1870

A TUC report argues that, according to data collected from the Bank of England, workers’ wages have been declining for 40 straight months, the longest since 1870. And yet, the narrative of ‘recovery’ is still the baseline for the article as the central bank cites the data as an example of the ‘fragile recovery’. Check … More UK Workers suffer longest wage squeeze since 1870

Capitalism, Contextualization and The Political Theory of Possessive Individualism

Last year was the fiftieth anniversary of C. B. Macpherson’s classic study of seventeenth century English political theory, The Political Theory of Possessive Individualism. Macpherson’s book signalled an important shift in the history of political thought; it sought to situate English political thought within the social context of a ‘possessive market society’. Despite its innovations, … More Capitalism, Contextualization and The Political Theory of Possessive Individualism

Capitalism, Liberalism and Democracy pt.II

In my first post, I presented a brief account of the historical tensions between liberalism and democracy, with particular attention on the levelling threat that democracy was thought to pose to elite forms of power – in particular, private property. I broke the narrative off at the end of a discussion regarding the English notion … More Capitalism, Liberalism and Democracy pt.II

CB Macpherson in India: the revival of possessive individualism

A few years ago I was thinking of C.B. Macpherson’s book, The Political theory of Possessive Individualism.  The fiftieth year anniversary was coming up in 2012, and I was thinking of the possibility of putting on a commemorative conference dealing with the legacy of the book. As it turns out, a number of post-graduates associated … More CB Macpherson in India: the revival of possessive individualism

Domination and Dependence: Republicanism and the Market

In a previous post, I discussed republicanism’s problematic obfuscation of class. The point I tried to make was that republicanism’s core concept – that liberty is a form of non-domination or independence from the will’s of others – attains its coherence only at a level of abstraction that obscures the class realities that comprise any … More Domination and Dependence: Republicanism and the Market

Republicanism and the Obfuscation of Class

For a number of years now, I’ve been reading and writing about republicanism. Not the republicanism of the Republican party, but rather republican political thought. In particular, the neo-Roman republican tradition being researched so extensively by the intellectual historian Quentin Skinner and the political philosopher Philip Pettit. I can’t quite recall why or how I … More Republicanism and the Obfuscation of Class

Capitalism, Liberalism and Democracy

    The current economic crisis is highlighting the tensions between capitalism, liberalism and democracy. In the Eurozone, unaccountable financial actors and institutions are imposing harsh austerity measures on member states that are seriously undermining the legitimacy of democratically elected governments. We are told that we must sacrifice the present in order to save the … More Capitalism, Liberalism and Democracy