Silvia Federici: The exploitation of women and the development of capitalism

Critically engaging Federici's claims, this article evaluates the extent to which she departs from, critiques, or builds on Marxism.

PSL Course: Marx’s “Capital” (vol. 1)

Course description: The first volume of Karl Marx's Capital: A Critique of Political Economy, which was originally published in 1867, remains a...

The myth of democracy and the rule of the banks (part...

In October 2008, the U.S. government rescued the big banks at a cost of $700 billion in taxpayers’ money. It was the biggest bailout in history. The government provided trillions of dollars more in loan guarantees and other benefits to the major banks, insurance companies and other corporations.

The myth of democracy and the rule of the banks (part...

That the big banks have engaged in widespread and repeated criminal acts is beyond doubt. But in the country with the biggest prison system in the world—both in absolute and relative terms—none of the cells are occupied by Wall Street bankers. In fact, virtually none of the executives of any big Wall Street bank have even been charged with crimes since the crisis began.

Engels on 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...