“He deported himself like an unappreciated genius, whom the world takes for a simpleton.”—Marx, The Eighteenth Brumaire of Louis Bonaparte (Daniel De Leon translation) “Bonaparte would like to appear as the patriarchal benefactor of all classes; but he can give to none without taking from the others.”—Marx, The Eighteenth Brumaire of Louis Bonaparte (Daniel De […]
Tag Archives: Capitalism
Criticism &c. recommends Ken Knabb’s recent retrospective analysis of the significance of the Occupy movement (“Looking Back on Occupy“), originally composed for a French audience. Knabb has very little criticism to offer of the movement. In our opinion, the chief weakness of his analysis is revealed by his response to this question, “Would you agree […]
Business as Usual: the Economic Crisis and the Failure of Capitalism Reaktion Books (London), 2011 Paul Mattick’s Business as Usual is an attempt to come to grips with the global economic crisis that began in 2007 in Marxist terms, an entry into a growing category books which includes David Harvey’s The Enigma of Capital. Mattick […]
Criticism &c. recently came across a review by Paresh Chattopadhyay, author of The Marxian Concept of Capital and the Soviet Experience, of a 2001 World Bank report on trends in the global economy. While Chattopadhyay does not refer to Marx’s categories here (due to his audience, no doubt), the outline of globalization’s “three waves” he […]
Jennifer Schuessler has a fascinating essay on the forgotten history of Friedrich von Hayek’s American enthusiasts (“Hayek: The Back Story”) in the July 11 The New York Times Book Review. She details a cartoon version of The Road To Serfdom based on a condensed version of the text published in a mass edition by Reader’s […]
Criticism &c. 