The U.S. Economy and China: Capitalism, Class, and Crisis Martin Hart-Landsberg #Both transnational capital and elites in China have greatly benefited from the operation of this system,Chinese workers have paid a high cost; in fact, Chinese workers experience many of the same negative consequences from its operation as do workers in the United States. #Both [...]

The Battlefields Chosen by Contemporary Imperialism: Conditions for an Effective Response from the South by Samir Amin Part 2 The Second Wave of Peoples’ Emancipation: Will It Be a Remake of the 20th Century or Something Better? The contemporary world is governed by oligarchies.  There are financial oligarchies in the United States, Europe, and Japan [...]

The Battlefields Chosen by Contemporary Imperialism: Conditions for an Effective Response from the South by Samir Amin Part 1 In the art of war, each belligerent chooses the terrain considered most advantageous for its battle for the offensive and tries to impose that terrain on its adversary, so that it is put on the defensive.  [...]

’21st century socialism should be socialism for human development’ By Michael Lebowitz 23 May 2009 Michael Lebowitz is a Canadian Marxist economist. He is the director of the “Transformative practice and human development” program at the Caracas-based left-wing think tank, the Centro Internacional Miranda. He is professor emeritus of economics at Simon Fraser University and [...]

In the Eye of the Storm: Updating the Economics of Global Turbulence, an Introduction to Robert Brenner’s Update R. Taggart Murphy Introduction Out in the academic cemetery to which avatars of market fundamentalism thought they had consigned their intellectual and political opponents, one can hear today the unmistakable scrape of coffin lids opening. And climbing [...]

Traumatized workers + indebted consumers – > real subsumption of labor by finance – > ‘full underemployment’ of a precariously flexible workforce 1. Monopoly capital and stagnation: the condition for the new forms of financial growth: Magdoff-Sweezy and Minsky In the late 1970s a slim book was published containing the essays by Harry Magdoff and Paul [...]

NYU Adds Worker Rights Rules to Abu Dhabi Contract Workers involved in building and  operating New York University’s Middle East campus in Abu Dhabi must have protections in areas  such  as how often they are paid and how many hours they can work in a week, the university announced Feb. 3 in a move that [...]

ILO Report : World Unemployment reached highest level on record in 2009                                                           Over half the workers are in vulnerable employment GENEVA (ILO News) – The number of jobless worldwide reached nearly 212 million in 2009 following an unprecedented increase of 34 million compared to [...]

Lalgarh – the name resonates in the hearts and minds of struggling people all over India: adivasis and dalits, farmers and fisherfolk, workers and students. In West Bengal it has taken its place along with Singur and Nandigram in songs and slogans of resolve and resistance. Wherever people are fighting for their livelihoods and their [...]

“Capitalist triangle” is private ownership of the means of production, the exploitation of wage labourers, for the purpose of profits. “Elementary triangle of socialism” is units of social property, social production organised by workers, for satisfaction of communal needs and purposes By Michael A. Lebowitz On May Day 2005, I marched with workers in Caracas. [...]