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Political Economy

Whose Millennium: Theirs or Ours?

Whose Millennium: Theirs or Ours?

Written with droll wit and lyrical elegance, this visionary book challenges the chorus of resignation—the notion that there is no alternative, that profit is the best relationship between people, and that the market guarantees democracy. Daniel Singer insists that a more free and egalitarian society can be won, and he predicts that the new millennium will be an age of confrontation, not consensus, with Western Europe as a probable first battlefield. | more…

Dispersed City of the Plains

Dispersed City of the Plains

Town-building in the Great Plains gets a fresh examination in Harris Stone’s final book. Form and consequences of the inhabitation of the plains landscape are explored, from the rural roads and farms to industrial parks. Beautifully hand-lettered and illustrated throughout, this thought-provoking work will appeal to architects, planners, historians, cultural geographers, and anyone interested in the interplay between people and vernacular form. | more…

Capitalism and the Information Age: The Political Economy of the Global Communication Revolution

Capitalism and the Information Age: The Political Economy of the Global Communication Revolution

Not a day goes by that we don’t see a news clip, hear a radio report, or read an article heralding the miraculous new technologies of the information age. The communication revolution associated with these technologies is often heralded as the key to a new age of “globalization.” How is all of this reshaping the labor force, transforming communications, changing the potential for democracy, and altering the course of history itself? Capitalism and the Information Age presents a rigorous examination of some of the most crucial problems and possibilities of these novel technologies. | more…

U.S. stocks dive anew on fear of coronavirus

The Triumph of Financial Capital

The announced subject of this conference is “New Trends in Turkey and the World.” I shall not try to say anything about new trends in Turkey, partly because of my ignorance but more importantly because Turkey is very much part of the world, and in this period the mother of all new trends is global in nature. To understand what is happening in any part of the world, one must start from what is happening in the whole world. Never has Hegel’s dictum “The Truth is in the Whole” been as true and relevant as it is today. | more…

Alice & Staughton Lynd

Our Kind of Marxist: An Interview With Staughton Lynd

In my opinion, American capitalism no longer has any use for, let’s say, 40 percent of the population. These are the descendants of folks who were brought over here in one way or another during the period of capital accumulation. They’re now superfluous human beings. | more…

Spectres of Capitalism: A Critique of Current Intellectual Fashions

Spectres of Capitalism: A Critique of Current Intellectual Fashions

Samir Amin, one of the most influential economists today, has produced another groundbreaking work. Spectres of Capitalism cuts through the current intellectual fashions that assume a global capitalist triumph, taking the occasion of the 150th anniversary of Marx and Engels’s classic tract, the Communist Manifesto, to focus upon the aspirations of the destitute millions of the post-Cold War era. | more…

Red Cat, White Cat: China and the Contradictions of 'Market Socialism'

Red Cat, White Cat: China and the Contradictions of ‘Market Socialism’

After years of pro–market reforms, China faces a fundamental choice. Will it move toward private capitalism, or toward a renewal of the collective and socialist basis of its revolution? Red Cat, White Cat begins by examining the tensions growing within “market socialism.” Weil provides background on marketization, the class forces that produced it, and the polarization and social dislocation that it is generating. | more…

Put To Work: The WPA and Public Employment in the Great Depression

Put To Work: The WPA and Public Employment in the Great Depression

With unemployment surging to record levels and the economy in freefall, experts are looking to the Great Depression for lessons in stimulating job creation. Then, as now, the system was unable to provide the jobs and financial support desperately needed by millions of people. But then—in the 1930s—the state intervened to create massive employment programs that put people to work on socially useful projects in states, cities, and towns across the country. The scope of these programs was unprecedented and never repeated in the decades that followed. Today, as the severity of the economic crisis increasingly resembles that of the Great Depression, the time for a reappraisal of the New Deal employment programs has never been more necessary. | more…