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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Capital on strike

September 17, 2010

Capital on strike

Today capital is on strike even as it wages a two-pronged war against workers: automation and forcing cuts in living standards. In the U.S., 500 of the largest non-financial firms are sitting on a cash hoard of over a trillion dollars, yet capitalists have refused to invest in the real economy ever since [=>]

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