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Political Economy

"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…

Photograph of journal bindings in an anthropology library, showing the transition where Eugenics Quarterly was renamed to Social Biology in 1969

Intelligence Under Racial Capitalism: From Eugenics to Standardized Testing and Online Learning

From the era of overt eugenic research to the present-day education system, the attempts to categorize and rank individuals’ “intelligence” through testing and statistics reflects and reinforces the power of racist, capitalist, and imperialist institutions. | more…

Capitalism in the Anthropocene: Ecological Ruin or Ecological Revolution

Capitalism in the Anthropocene: Ecological Ruin or Ecological Revolution

Over the last 11,700 years, during which human civilization developed, the earth has existed within what geologists refer to as the Holocene Epoch. Now science is telling us that the Holocene Epoch in the geological time scale ended, replaced by a new more dangerous Anthropocene Epoch, which began around 1950. The onset of the Anthropocene Epoch is characterized by an “anthropogenic rift” in the biological cycles of the Earth System, marking a changed reality in which human activities are now the main geological force impacting the earth as a whole, generating at the same time an existential crisis for the world’s population. | more…

Climate Justice

Socialism and Ecological Survival: An Introduction

Time is running out for humanity to avoid a catastrophic planetary tipping point. Widespread mass mobilizations of populations worldwide must fight to bring about revolutionary societal changes and dismantle neoliberal monopoly capitalism, with its reliance on extractive exploitation of our planet’s resources and communities. | more…

Chicago Climate Justice activists protesting cap and trade legislation at the intersection of LaSalle & Adams in Chicago Loop (November 30, 2008)

Climate Imperialism in the Twenty-First Century

Climate imperialism has emerged as a new—and potentially even the most lethal—form of imperialism in the world economy today. Confronting it requires recognizing and dealing with all its different aspects. But it also requires addressing the monopolies of knowledge created by the global regime of intellectual property rights that has been instituted and cemented by hegemonic world powers. | more…

Work Work Work: Labor, Alienation, and Class Struggle

Work Work Work: Labor, Alienation, and Class Struggle

For most economists, labor is simply a commodity, bought and sold in markets like any other – and what happens after that is not their concern. Individual prospective workers offer their services to individual employers, each acting solely out of self-interest and facing each other as equals. The forces of demand and supply operate so that there is neither a shortage nor a surplus of labor, and, in theory, workers and bosses achieve their respective ends. Michael D. Yates, in Work Work Work: Labor, Alienation, and Class Struggle, offers a vastly different take on the nature of the labor market. | more…

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