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Political Economy

How the Workers’ Parliaments Saved the Cuban Revolution: Reviving Socialism after the Collapse of the Soviet Union

How the Workers’ Parliaments Saved the Cuban Revolution brings us to the heart of one of the most precarious and transformational moments in Cuba’s evolution. As the Soviet Union fell to pieces in the 1990s, Cuba managed to evade the fate of its primary trading ally. How was this possible, especially as Cuba endured relentless attacks from the capitalist behemoth directly to its north? | more…

The War against the Commons: Dispossession and Resistance in the Making of Capitalism

The War Against the Commons: Dispossession and Resistance in the Making of Capitalism

A unique historical account of poor peoples’ self-defence strategies in the face of the plunder of their lands and labor
Stay tuned for 2023

For five centuries, the development of capitalism has been inextricably connected to the expropriation of working people from the land they depended on for subsistence. Through ruling class assaults known as enclosures or clearances, shared common land became privately-owned capital, and peasant farmers became propertyless laborers who could only survive by working for the owners of land or capital.

As Ian Angus documents in The War Against the Commons, mass opposition to dispossession has never ceased. His dramatic account provides new insights into

Crypto Winter

Crypto Convulsions, Digital Delusions, and the Inexorable Logic of Finance Capitalism

The crypto winter, Ramaa Vasudevan writes, is here. Cryptocurrency, far from being a democratizing force in finance, has led to only further concentrations of wealth and power and increased precarity within the financial sector. The recent fall of Sam Bankman-Fried is only the beginning. | more…

Indonesian sulfur miner carrying their 90-kg-load of sulfur from the floor of the volcano to crater rim

Mining Capital and the Indonesian State

Arianto Sangadji traces the relationship between the state and mining capital in Indonesia throughout the historical capitalist development of the country from Dutch colonialism to the contemporary practices of multinational mining corporations. While these powerful firms have generated significant profits, they are also associated with dispossession, environmental degradation, and ruthless labor exploitation, spurring resistance from the local populations. | more…

Smokestacks in Garneau, Edmonton, Alberta

Anthropocene, Capitalocene, and Other “-Cenes”: Why a Correct Understanding of Marx’s Theory of Value Is Necessary to Leave the Planetary Crisis

The perception that we are living in a critical historical period regarding the conditions of habitability on Earth—not only for humans but for many other living organisms too—is gaining more and more adepts among common people, academics, politicians, and social movements. This critical period has been typified as the planetary crisis of the Anthropocene Epoch and studies undertaken in the present century show that habitability on Earth is progressively deteriorating. | more…

"GOELRO Plan" poster (part of the triptych), by Alexander Lemeshchenko

Some Lessons on Planning for the Twenty-First Century from the World’s First Socialist Economy

The Soviet Union’s efforts at centralized economic planning suffered greatly by neglecting to integrate cybernetics into a comprehensive model. Today, this cybernetic approach to economic planning is still blocked. The time has come to implement alternative planning in the form of an automated model that coordinates the activities of all industries and sectors of toward a prosperous and sustainable future. | more…

Bearded head of Priapos (left)

Young Marx on Fetishism, Sexuality, and Religion

Revisiting the Bonn Notebooks

There is hardly any theme in Karl Marx’s theoretical corpus that has garnered as much traction as his theory of fetishism. Ever since Marx introduced the term into his critique of political economy in Capital, fetishism became a field of theoretical force. While much ink has been spilled on the specific content and theoretical scope of fetishism in Capital, young Marx’s initial exploration of the term has rarely enjoyed critical attention. | more…