Not since the Great Depression of the 1930s has it been so apparent that the core capitalist economies are experiencing secular stagnation, characterized by slow growth, rising unemployment and underemployment, and idle productive capacity. Consequently, mainstream economics is finally beginning to recognize the economic stagnation tendency that has long been a focus in these pages, although it has yet to develop a coherent analysis of the phenomenon. Accompanying the long-term decline in the growth trend has been an extraordinary increase in economic inequality, which one of us labeled “The Great Inequality,” and which has recently been dramatized by the publication of French economist Thomas Piketty’s Capital in the Twenty-First Century. Taken together, these two realities of deepening stagnation and growing inequality have created a severe crisis for orthodox (or neoclassical) economics.… | more |
Allusions to Marx seem to be emanating from all points of the political compass these days in the context of the current political-economic crisis of capitalism, reflecting the remarkable resurgence of both Marxism and anti-Marxism. What is especially notable in this respect is the extent to which such allusions have come to focus on the saying, “from each according to his ability, to each according to his needs”—usually identified with Marx’s famous 1875 Critique of the Gotha Programme. Conservatives frequently quote “from each according to his ability” (ignoring the rest of the saying) and use it as a kind of code phrase for “Marxism” to attack all progressive measures.… | more |
To support the “war on terrorism,” the concept of war has been introduced into the criminal code of all Western countries. This is the first step on the way to a merger between criminal law and the law of war. Massive spying by the secret services of a country on its citizens has today become the norm. The Snowden revelations on the operations of the NSA have only brought to light a widespread surveillance that is already legalized.… Despite the prominence given to the practices of U.S. intelligence agencies and the resulting indignation in France, the French parliament just adopted a military planning law that includes measures allowing practices similar to those of the NSA, specifically massive spying by intelligence agencies on citizens.… | more |
ALTHOUGH several articles on this subject were published before and after September 1st, 2010, on that day the Mexican daily La Jornada published one of great impact entitled “El holocausto gitano: ayer y hoy” (The Gypsy Holocaust: yesterday and today) which reminds us of a truly dramatic history. Without adding or removing a single word from the information contained in the article, I have selected some lines referring to certain events that are really moving. Neither the West nor -most of all- its colossal media apparatus have said a single word about them. (more…)
This is a serious subject.
The summit meeting of leaders of the eight most highly industrialized powers on the planet took place July 7-9 at a mountain retreat on the banks of the Toyako, a lake formed inside a volcanic crater located in the north of the island of Hokkaido, in the northern reaches of the Japanese archipelago. It would be hard to choose a site more removed and distant from the madding crowd than this.… | more |
This landmark book, first published in 1979, met acclaim as a doubly important work of radical philosophy. Its subject, Jean-Paul Sartre, was among the twentieth century’s most controversial and influential philosophers; its author, István Mészáros, was himself establishing a reputation for profound contributions to the Marxian tradition, which would continue into the next century. In this completely updated and expanded volume, Mészáros examines the manifold aspects of Sartre’s legacy—as novelist, playwright, philosopher, and political actor—and in so doing casts light upon the entire oeuvre, situating it within the historical and social context of Sartre’s time.… | more |
Explores the full sweep of Marxist Thinking on social change in the light of the 1968 French explosion.… | more |