Specter of Depression: Mattick’s Business as Usual

July 30, 2012

From the July-August 2012 issue of News & Letters:

Specter of Depression: Mattick’s Business as Usual

Business as Usual: The Economic Crisis and the Failure of Capitalism by Paul Mattick, Reaktion Books (London), 2011.

Paul Mattick’s Business as Usual is an attempt to come to grips in Marxist terms with the global economic crisis that began in 2007. [=>]

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From the Writings of Raya Dunayevskaya: Deep recession, rate of profit and the supreme commodity, labor power

September 12, 2011

From the new September-October 2011 issue of News & Letters:

From the Writings of Raya Dunayevskaya
Deep recession, rate of profit and the supreme commodity, labor power

Editor’s note: Written in the midst of the last double-dip recession in the U.S., the piece excerpted here was originally titled, “In the U.S. and globally: deep recession, military buildup and [=>]

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Political spectacles cannot hide reality of deranged capitalism

September 11, 2011

From the new September-October 2011 issue of News & Letters:

Lead
Political spectacles cannot hide reality of deranged capitalism
by Ron Kelch

At the end of a months-long political spectacle in Washington–manufactured over irrelevancies concerning what should have been a routine raising of the national debt limit before the Aug. 2 deadline–reality struck with a bombshell: the anemic “jobless” [=>]

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Bordiga’s Marxism, no way to unite theory and practice

August 22, 2010

With left communist Marxist Amadeo Bordiga’s significance being debated these days, I repost here Ron Kelch’s article about Bordiga from the July-August 2010 issue of News & Letters.

Bordiga’s Marxism, no way to unite theory and practice

Necessity is an evil, but there is no necessity to live under the control of necessity. Everywhere the paths to [=>]

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