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Political Economy

Climate protest of Fridays for Future (FFF) in Heidelberg

Planning Degrowth: The Necessity, History, and Challenges

Kent Klitgaard surveys degrowth thought, starting with the essential contradiction of capitalism presented by Marx, which gives rise to our current planetary crisis. Through an understanding this contradiction and degrowth literature spanning twentieth century, the author presents a plan for a sustainable and planned future socialist society. | more…

Shipping containers in Montreal, Canada (May 16, 2017)

Capitalism, Global Poverty, and the Case for Democratic Socialism

The popular narrative that capitalism has led to a general improvement in human well-being over the last two hundred years is, historical data show, not supported by evidence. Jason Hickel and Dylan Sullivan enumerate the empirical and methodological problems on which this narrative is built and explore the potential benchmarks for truly understanding human welfare. | more…

Demonstration against the EPR, Lyon, March 17, 2007, Place Bellecour

Democratic Planning for Degrowth

Degrowth promises to liberate society from the imperative of capital accumulation. “So how,” Matthas Schmelzer and Elena Hofferberth wonder, “might planning beyond growth look?” It is not, they write, only a proposal for a postcapitalist society, but for a radical transformation of our institutions and social relations to create a more sustainable and just world. | more…

THE ONLY SUSTAINABLE GROWTH IS DEGROWTH

Degrowth—What’s in a Name? Assessing Degrowth’s Political Implications

“Degrowth” may often be associated with the left, but can also have conservative—even ecofascist—implications. What do proponents and critics mean by “degrowth”? How do these differences play out ideologically? Ying Chen writes that, for radicals, the answer is to place the economic system at the center of the degrowth narrative, thus naming the system that must be replaced with a more just and equitable socialist society. | more…

RTÉ studio in Cork City

The Disinformation Wars: An Epistemological, Political, and Socio-Historical Interrogation

Helena Sheehan turns her incisive eye on the so-called anti-disinformation industry, and wondering whether the mainstream media is using a newfound interest in fact-checking, fake news, and disinformation studies to conceal deeper biases, ones that occlude the hidden ideologies deceiving much of the public. | more…

Essays on The Political Economy of Africa

Essays on The Political Economy of Africa

These essays, by two of the foremost scholars who worked in the Marxist tradition on African economic and social issues, offers an overview of socialism and economic development, and of nationalism and revolution in sub-Saharan Africa; of labor, peasantries, and populism. It includes case studies of Tanzania, Rhodesia, and Mozambique.

Giovanni Arrighi (1937-2009) taught in Europe, Africa, and the United States. He was a member of the Zimbabwe African Peoples Union in 1966, and was deported from Rhodesia for his political activities. In 1979, Arrighi joined Immanuel Wallerstein and Terence Hopkins as a professor of sociology at the Fernand Braudel Center at Binghamton University.

The Iron Heel

Grand Theft Capital: The Increasing Exploitation and Robbery of the U.S. Working Class

The working class is being robbed, both through outright expropriation and the more hidden exploitation of countless workers who are struggling to make ends meet while capitalists pocket the surplus value they produce. Fred Magdoff and John Bellamy Foster dissect the neoliberal assault on the working class that is spurring a new generation of labor organizing. | more…

Woman using a mobile phone

The Telecom Industry in India: Free Market or Monopoly-Finance Capital?

The success of the telecommunications industry in India has been heralded as a “miracle.” But a miracle for whom? The answer, Rahul Varman writes, has clearly been the capitalist class, who, over three decades, have amassed tremendous wealth and power through the machinations of large firms, in collusion with the Indian government. | more…

The Dialectics of Dependency: Ruy Mauro Marini

Superexploitation and the Imperialist Drive of Capitalism: How Marini’s ‘Dialectics of Dependency’ Goes beyond Marx’s ‘Capital’

Andy Higginbottom analyzes the influence of Ruy Mauro Marini on dependency theory and the concept of superexploitation. Marini, he explains, carried Marx’s legacy forward—but there is still work to be done in the twenty-first century. | more…

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