Tag Archives: capitalism

SOS! Alternatives To Capitalism Needed Please

SOS! Alternatives To Capitalism Needed Please
By Errol Sharpe Originally published in www.rabble.ca Richard Swift’s book, SOS: Alternatives to Capitalism, is a much needed antidote to the myriad of political clap trap that spouts from our daily newspapers and much of our “left” journalism which suggests that capitalism can be reformed and regulated in such a way that an ecological and economic disaster can be avoided. Right of the bat, Swift speaks of “species suicide” in reference to ... Read more

Cooperative Cuba

Cooperative Cuba
Photo courtesy of The Cuban Economy By Cliff DuRand Published in Z Magazine, October 2013, under the title “Laboratory for a New Society: Moving toward a cooperative economy.” Cuba is engaged in a fundamental reshaping of its society.  Calling it a renovation of socialism or a renewal of socialism, the country is re-forming the economic system away from the state socialist model adopted in the 1970s toward something quite new.  This is ... Read more

Unmaking Global Capitalism

Unmaking Global Capitalism
In terms of the impact of historical defeats, it’s worth noting that in the wake of the 1848 revolutions Marx’s emphasis on changing the world and not just interpreting it underwent a reversal. Marx was too optimistic about the potential of 1848, and those disappointments led him to return to the importance of understanding the world as a condition for changing it. This search for a historical materialist understanding dominated the rest of ... Read more

New study finds US to be ruled by oligarchic elite

New study finds US to be ruled by oligarchic elite
The way we perceive business power and define the capitalist state will inevitably have serious implications for our political strategies. The danger with empirical studies that narrowly emphasize the role of elites at the expense of the deeper structural sources of capitalist power is that they will end up reinforcing the illusion that simply replacing the elites and “taking money out of politics” would be sufficient to restore democracy to ... Read more

David Harvey: the crisis of capitalism this time around

David Harvey: the crisis of capitalism this time around
What is so striking about crises is not so much the wholesale reconfiguration of physical landscapes, but dramatic changes in ways of thought and understanding, of institutions and dominant ideologies, of political allegiances and processes, of political subjectivities, of technologies and organisational forms, of social relations, of the cultural customs and tastes that inform daily life. Crises shake our mental conceptions of the world and ... Read more

In each other we trust: coining alternatives to capitalism

In each other we trust: coining alternatives to capitalism
At last, an international project is starting to take shape to research and experiment with concrete alternatives, laying the groundwork for a world in which the means of production are held in common and both the form and creation of money are subject to direct-democratic control by newly empowered communities of users. Read more

The Top of the World

The Top of the World
The core message of this enormous and enormously important book can be delivered in a few lines: Left to its own devices, wealth inevitably tends to concentrate in capitalist economies. There is no “natural” mechanism inherent in the structure of such economies for inhibiting, much less reversing, that tendency. Only crises like war and depression, or political interventions like taxation (which, to the upper classes, would be a crisis), can ... Read more

Underestimating Capital, Overestimating Labour

Underestimating Capital, Overestimating Labour
The US economy seems to be emerging from the latest crisis, albeit hesitatingly and with remaining fragility. A solid recovery would require a much greater and more consistent investment in infrastructure. This is unlikely to materialise so long as there is no organised working class threatening instability if governments don’t move to radically greater economic stimulus. By understating the extent of working class defeat, on the one hand, ... Read more

Teleconference on “Moving Beyond Capitalism”

Teleconference on “Moving Beyond Capitalism”
February 24th, 2014 - This Monday there will be a teleconference on the theme of this summer’s international conference on Moving Beyond Capitalism sponsored by the Center for Global Justice. We are bringing together scholars and activists from the global North and South to dialog about practices and institutions being built in the nooks and crannies of capitalist societies that point toward a more participatory, more ... Read more

The Mega Banks’ Most Devious Scam Yet

The Mega Banks’ Most Devious Scam Yet
Call it the loophole that destroyed the world. It's 1999, the tail end of the Clinton years. While the rest of America obsesses over Monica Lewinsky, Columbine and Mark McGwire's biceps, Congress is feverishly crafting what could yet prove to be one of the most transformative laws in the history of our economy – a law that would make possible a broader concentration of financial and industrial power than we've seen in more than a century. ... Read more