Capitalism and the housing question: Wishful thinking vs. real solutions

During a moment in which millions of workers in the U.S. have been thrown out of work as a result of the intersection of the Covid-19 pandemic and an overdue capitalist economic crisis, Engels’ 1872 pamphlet, “The Housing Question,” bears particular import.

A Marxist approach to technology

In the last few decades, technological developments--particularly concerning automation--have transformed the economy in such a profound way that...

The capitalist university: Built on admissions scandals

On March 12, 2019, the public learned that several prominent U.S. universities had admitted at least 50 students based solely on bribes made by...

Production, overproduction and overproduction crises

Author’s note: The following article was mostly written before Donald Trump became president-elect. His electoral victory if anything strengthens the thesis presented that imperialist...

Further data on the role of the money commodity

My earlier article, “Signs of a renewed general crisis of capitalism,” focused on the important role the money commodity gold continues to play in...

Signs of a renewed general crisis of capitalism

Introduction by author The following article presents a viewpoint on crises and long-term trends of the capitalist economy that differs in important respects from the...

‘Strong dollar’ de-stabilizes world economy

Two major developments occurred in the global economy in early December that have drawn much commentary and analysis in the financial media.

Federal Reserve seeks return to ‘normalcy’

A “return to normalcy,” a return to the way of life before World War I, was U.S. presidential candidate Warren G. Harding’s campaign promise...

The real agenda of the Gates Foundation

In 2009 the self-designated “Good Club” – a gathering of the world’s wealthiest people whose collective net worth then totaled some $125 billion – met behind closed doors in New York City to discuss a coordinated response to threats posed by the global financial crisis.

High education, low pay

Economics behind abandonment of public education In elementary, middle and high school, students are told to study hard so they can get into college and be...