Specter of Depression: Mattick’s Business as Usual

July 30, 2012

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. It is an entry into a growing category of books which includes David Harvey’s [=>]

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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 Writings of Raya Dunayevskaya

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 the pulling apart of political alliances.” It was published as the lead article in the April 1982 N&L.

The depth of [=>]

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Political spectacles cannot hide reality of deranged capitalism

September 11, 2011

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” recovery in the U.S. has stalled. The economy is getting worse and there is no solution [=>]

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

August 22, 2010

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 freedom are open.
–Marx, Doctoral Thesis, 1841

Loren Goldner’s 1991 article, “Communism Is the Material Human Community: Amadeo Bordiga Today” was recently the topic of discussion among a [=>]

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