-
Is Capitalism Reaching the End of the Road?
Capitalism is fast becoming so unpopular that the money-grubbing old autocrat in the White House wants to protect it by promising to investigate and prosecute anyone who speaks against it. Free speech be damned. But Milton Friedman said Capitalism and Freedom go together. So, we will use some of that fast-disappearing freedom to comment on the […]
-
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 […]
-
How I’ve Learned to be a Social Socialist

Thriving by Not Minding My Own Business How many of you have met socialists who look like the one at the top of the article? I have and there are plenty like this. It was in the Fall of 2017 that my life-partner, Bruce Lerro and I travelled from Oakland to Berkeley to hear Suzie […]
-
Trump Vulnerable to Progressive Populism
Democrats are politically flummoxed by the flurry of regressive proposals and policies daily manufactured by the Trump administration. Party leadership has been reduced to a reactionary political presence, simply reacting to Trump’s initiatives. Weakened and disoriented, the party seems incapable of effectively challenging Trump’s disingenuous populism. They do not forcefully attack his many vulnerabilities. Democratic […]
-
Does China have an Internationalist Foreign Policy?
A number of observant commentators have raised questions about Peoples’ China’s Belt and Road Initiative and more broadly, the foreign policy of the PRC. Reliable left observers like Ann Garrison, writing in Black Agenda Report, have voiced concerns about Chinese investments in the Democratic Republic of the Congo, based on Siddharth Kara’s book, Cobalt Red, […]
-
The Pragmatic-Demolition of Techno-Feudalism
One of the greatest tricks capitalism ever played on the global intelligentsia was convincing some of them that it no longer exists, that it is dead and gone, having vanished in plain sight from the face of the earth. And in the last few years, a branch of political economy has risen arguing exactly this, whereby […]
-
Beyond Socialist Purity

Orientation International political economy at a crossroads As most of you know the world economy is peppered with fault lines. On one hand we have the rising in the East of a new economic block, the BRICS nations and their friends. On the other hand, in the West we have a rapidly declining Yankeedom and […]
-
A Return to Basics: Rasmus, the “Neoliberal” Turn, and Exploitation
Instead of the conservative motto, ‘A fair day’s wage for a fair day’s work!’ they ought to inscribe on their banner the revolutionary watchword: ‘Abolition of the wage system!’ Karl Marx, Value, Price, and Profit Today, the point that Marx made in his 1865 address to the First International Working Men’s Association is largely lost […]
-
Did Marx Have Anything Good to Say About Capitalism?
Those who assume that Karl Marx emphasized only the negative characteristics of capitalism such as alienation, crisis, and exploitation are mistaken. Indeed, throughout his intellectual career – in philosophic, journalistic, historical, and economic writings – Marx stressed the creative and progressive features of capital. His social theory makes no sense unless essential duality is retained. […]
-
Some Clarity on Imperialism Today
Imperialism is not the creation of any one or of any group of states. It is the product of a particular stage of ripeness in the world development of capital, an innately international condition, an indivisible whole, that is recognizable only in all its relations, and from which no nation can hold aloof at will… […]