Socialist Register 2012
The global economic crisis that closed the first decade of the 21st century has demonstrated that the contradictions of capitalism cannot be overcome. The challenge for socialist analysis is to reveal both the nature of these contradictions in the neo-liberal era of globalized finance, and their consequences in our time. This volume, a companion to The Crisis This Time: Socialist Register 2011, examines the response of the international Left and asks, how has the Left responded and can it offer an alternative to faltering capitalism? … | more |
An Introduction to the Three Volumes of Karl Marx’s Capital
Heinrich’s modern interpretation of Capital is now available to English-speaking readers for the first time. It has gone through nine editions in Germany, is the standard work for Marxist study groups, and is used widely in German universities. The author systematically covers all three volumes of Capital and explains all the basic aspects of Marx’s critique of capitalism in a way that is clear and concise. … | more |
What Every Environmentalist Needs To Know about Capitalism
A Citizen's Guide to Capitalism and the Environment
There is a growing consensus that the planet is heading toward environmental catastrophe: climate change, ocean acidification, ozone depletion, global freshwater use, loss of biodiversity, and chemical pollution all threaten our future unless we act. What is less clear is how humanity should respond. The contemporary environmental movement is the site of many competing plans and prescriptions, and composed of a diverse set of actors, from militant activists to corporate chief executives.… | more |
The Invisible Handcuffs of Capitalism
How Market Tyranny Stifles the Economy by Stunting Workers
Mainstream, or more formally, neoclassical, economics claims to be a science. But as Michael Perelman makes clear in his latest book, nothing could be further from the truth. While a science must be rooted in material reality, mainstream economics ignores or distorts the most fundamental aspect of this reality: that the vast majority of people must, out of necessity, labor on behalf of others, transformed into nothing but a means to the end of maximum profits for their employers. The nature of the work we do and the conditions under which we do it profoundly shape our lives. And yet, both of these factors are peripheral to mainstream economics.… | more |
Socialist Register 2011
The global economic crisis that closed the first decade of the 21st century has demonstrated that the contradictions of capitalism cannot be overcome. The challenge for socialist analysis is to reveal both the nature of these contradictions in the neo-liberal era of globalized finance, and their consequences in our time. Crises need to be understood as turning points that open up opportunities. How to facilitate this is the sharpest challenge posed to socialists by the most severe global economic crisis since the 1930s.… | more |
In his new extensively revised and expanded edition of this book, Samir Amin suggests new approaches to Marxian analysis of the crisis of the late capitalist system of generalized, financialized and globalized oligopolies following on the financial collapse of 2008. Considering that Marx’s Capital, written before the emergence of imperialism as a decisive factor in capitalist accumulation, could provide no explanation for the persistent “underdevelopment” of the countries of the “global South,” Amin advances several important theoretical concepts extending traditional Marxian views of capitalist evolution.… | more |
Debt, the IMF, and the World Bank
Sixty Questions, Sixty Answers
Mainstream economists tell us that developing countries will replicate the economic achievements of the rich countries if they implement the correct “free-market” policies. But scholars and activists Toussaint and Millet demonstrate that this is patently false.… | more |
Market Reforms and Class Struggle
Hart-Landsberg and Burkett’s China and Socialism argues that market reforms in China are leading inexorably toward a capitalist and foreign-dominated development path, with enormous social and political costs, both domestically and internationally. The rapid economic growth that accompanied these market reforms have not been due to efficiency gains, but rather to deliberate erosion of the infrastructure that made possible a remarkable degree of equality. The transition to the market has been based on rising unemployment, intensified exploitation, declining health and education services, exploding government debt, and unstable prices.… | more |
The ABCs of the Economic Crisis
What Working People Need to Know
The economic crisis has created a host of problems for working people: collapsing wages, lost jobs, ruined pensions, and the anxiety that comes with not knowing what tomorrow will bring. Compounding all this is a lack of reliable information that speaks to the realities of workers. Commentators and pundits seem more confused than anyone, and economists—the so-called “experts”—still cling to bankrupt ideologies that failed to predict the crisis and offer nothing to explain it.… | more |
Health Under Capitalism, Socialist Register 2010
Morbid Symptoms sees health as a major field of political economy, one that focuses on the struggle between commercial forces seeking to make it into a field of profit, and popular forces fighting to keep it — or make it — a public service with equal access for all.… | more |