Rethinking Marxism | by Michael Burawoy

What should be our orientation to MarxisM today? The most common response is to bury it. Marxism, as Talcott Parsons used to say, was a theory whose significance was wholly confined to the 19th century – a version of 19th century utilitarianism of no relevance to the...

‘Sound Finance’ Imperilling Democracy | by EPW

What if debt deflation strikes, will the Eurozone’s financial elite still bay for sound finance? Finance capital’s imposition of fiscal austerity on both sides of the Atlantic – and this at a time when private consumption and investment are stagnating – is pushing the...

The Arab revolutions: A year after | by Samir Amin

Arab regimes achieved success within a short period but then ran out of steam as a result of their internal limits and contradictions. The ruling circles have given in to neo-liberal globalization, leading to rapid decline in social conditions. That is what caused the...