The coronavirus crisis has compelled the Indian state to haphazardly effectuate a lockdown in order to properly practice social distancing. But it has unaccountably forgotten that social distancing is a privilege of the elite class if well-thought-out arrangements are not made.
rate of profit
DACA Dreamers and allies resist Trump
October 24, 2017A participant reports on a series of protests, rallies and marches of thousands taking place in September in Los Angeles against President Donald Trump’s attacks on youthful immigrants called Dreamers by ending the Deferred Action for Childhood Arrival Program.
I. Discontent, revolt and reaction in the U.S.
May 6, 2016Part I of the Draft Perspectives 2016: Discontent is seething in the U.S. among workers, youth, Blacks, women, LGBTQ, including elements of the new society. Fear of revolution is powering neo-fascism opposing the revolt.
The anguish that is Flint, Michigan
March 8, 2016Greed and racism promulgated the crisis in Flint, where water with high lead content was used by the mostly poor Black residents for over a year, poisoning an entire city with especially terrible consequences for Flint’s children.
Celebrating 60 years: Marx spoke to 1975 economic crisis
April 30, 2015In celebrating the first 60 years of News and Letters Committees, we reprint excerpts from the Draft Perspectives for 1975-76 by Raya Dunayevskaya, the first printed in News & Letters.
THE MOVEMENT KNOWS, of course, that the class enemy is at home, within each country. It knows full well that each existing state power is weighted down with fear of revolution. And it does not fail to appreciate that, no matter how deep the intra-imperialist rivalries, capitalist class solidarity holds tightest and strongest against its own people.
Capitalism’s political and economic degeneracy
May 7, 2014Draft for Marxist-Humanist Perspectives, 2014-2015. III. Capitalism’s political and economic degeneracy. A. Karl Marx haunts capitalism’s stagnation. B. The race toward climate chaos.
Specter of Depression: Mattick’s Business as Usual
July 30, 2012Business 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 [=>]
Spain, Greece, Europe: capitalist crisis and revolt
July 10, 2012by Franklin Dmitryev
When the bailout of banks in Spain, the Eurozone’s fourth largest economy, was announced on June 9, the immediate reactions revealed the two worlds that exist in every country. The Spanish masses intensified their protests, marching directly on both banks and government, while Greek and Spanish workers exchanged messages of solidarity against the [=>]
From the Writings of Raya Dunayevskaya: Deep recession, rate of profit and the supreme commodity, labor power
September 12, 2011From 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 [=>]
Political spectacles cannot hide reality of deranged capitalism
September 11, 2011by 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 [=>]
New September-October 2011 issue of News & Letters now available online
September 10, 2011News & Letters, Vol. 56, No. 5
September-October 2011
Lead
Political spectacles cannot hide reality of deranged capitalism
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. [=>]