Tag: Economic ideologies

  • Mr. Ip and the Wall Street Journal Discover Wealth Inequality

    It was in 2013 that Thomas Piketty rediscovered the problem of wealth inequality with his celebrated book Capital in the Twenty-first Century. Published by Harvard University Press and selling several million copies, the book turned prevailing mainstream economic thinking on its head. Academic economists and capitalist apologists had long assured us that capitalism persistently created wealth […]

  • Tax the Rich Rally in Albany

    Democratic Socialist Zohran Mamdani’s election as mayor of the “capital of capitalism” was a tremendous accomplishment and a blow to Zionists, Wall Street and Democratic Party higher-ups. Even the New York Times described his victory as a “surge of anti-establishment discontent.” Just a few of Mamdani’s frequent pre-election critical comments on capitalism include: * Taxation […]

  • Michael Parenti: An Appreciation

    … for nearly two decades, every evening in the week, the dean of American newscasters, Walter Cronkite, would end his CBS television news show with the statement: “And that’s the way it is.” On the eve of his retirement in 1980, Cronkite admitted that isn’t the way it is: “My lips have been kind of […]

  • China Is the Threat of a Good Example

    China Is the Threat of a Good Example

    “Chinese-style modernization presents itself as a possible alternative path to the Western capitalist model, especially important for Global South countries that are seeking to break free from the shackles of colonization and imperialism. – The Editors, Monthly Review[i] China will join hands with all countries to explore ways to reform and improved global governance, working […]

  • The Proof is in the Pudding: A Few Comments on Socialism with Chinese Characteristics

    Anyone interested in socialism in the twenty-first century must take into account what is happening in China seriously. It’s future economic supremacy will either shape global capitalism, which socialists worldwide will have to respond to or the future of socialism will be determined by China’s planned transformation toward a socialist economy          […]

  • BRICS Will Fail to Deliver Anti-imperialism

    BRICS Will Fail to Deliver Anti-imperialism

    Multipolarity — the idea that there are more than one decisive economic actors in the global economy — is an important fact. More than anything else, the rise of the People’s Republic of China demonstrates that fact. The size and rate of growth, along with the expansive Belt and Road Initiative, establishes that the PRC […]

  • The Great Revolutionary Divide

    The Great Revolutionary Divide

    Europe, mid-1800s: Two men stood at the center of a storm that would shape socialism’s future. Karl Marx, a German-born philosopher, believed in seizing the state (central government) and wielding its machinery to crush the ruling class. To him, power was a tool, not a curse. Mikhail Bakunin, a Russian anarchist strategist, saw it differently. […]

  • Nayib Bukele and the Working-Class Struggle in El Salvador

    Nayib Bukele and the Working-Class Struggle in El Salvador

    This article analyzes the emergence of Nayib Bukele as a political figure in El Salvador from a Marxist materialist perspective. Bukele’s ascent is the result of both the failure of capitalist neoliberalist policies and the lack of a working-class struggle instrument. The author concludes that the only alternative lies in constructing a democratic political movement […]

  • Imperialism, Multipolarity, and Palestine

    It is a continuing source of frustration that an important segment of the Left holds the view that weakening the United States’ long-established grip on the top rungs of the hierarchical system of imperialism is — in itself — an attack on imperialism. Many of our friends, including those who claim to aim at a […]

  • It’s Revolution or Death

    The third and final installment of the series seeks to bring the lessons learned in the first two episodes home. This segment features an interview with Peter Gelderloos in which he describes his experience working to build transformative infrastructure in Catalunya. Not all of us are so lucky to live near a large and organized […]

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