John Maynard Keynes keeps a main influence on the current economic thinking. Even if the neo-liberal movement dominated over the last decades, the Keynesian ideas remain enduring, especially at times of recession. When the subprime mortgage crisis started, it was...
theory
Western development has failed | by by Jean-Marc Ela
Looking to a new AfricaEconomically, Africa is considered a poor and marginalised continent. And since the end of the cold war it has no longer been of any strategic or diplomatic importance to the great powers. Except when there are emergencies requiring humanitarian...
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...
A Review of “Marx’s Capital: An Introductory Reader” | by Prabhat Patnaik et al
There is a tremendous renewal of interest in Marxism throughout the globe today, especially for the explanation of the economic crisis that has hit capitalism recently. It was quite natural that the only well-organised segment of India's left intellectuals committed...
Neoliberalism in Africa, Apocalyptic Failures and Business as Usual Practices | by George Caffentzis
We are not blinded by the moral reparation of national independence; nor are we fed by it. The wealth of the imperial countries is our wealth too.... So when we hear the head of a European state declare with his hand on his heart that he must come to the aid of the...
The Ecology of Marxian Political Economy | John Bellamy Foster
This article is an extended version of a talk delivered at the Marxism 2011 Conference, University College of London, July 3, 2011. It is no secret today that we are facing a planetary environmental emergency, endangering most species on the planet, including our own,...
The Politics of Combined and Uneven Development: The Theory of Permanent Revolution | by Michael Löwy
Whenever the inherent contradictions of the capitalist system have developed into an overt crisis, the unevenness of capitalist development has acted as a sort of pressure-release mechanism. In our neoliberal times, the unevenness can be seen on many levels – from the...



