Tag Archives: theory

Critique of Political Economy Chapter 2 part 3 and 4- notes

3. Money In a text that is so obviously all about money it may seem funny to have the above section title here in the middle of the book. But up until now we have been considering money as a … Continue reading

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Law of Value 10: Price and Value

[This is video 10 in my ongoing Law of Value series. It's a controversial topic... so, let's see what folks think of my attempt...] Here’s a yo-yo. Let’s say it took an hour to make, parts and everything. And here’s … Continue reading

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The Enigma of the Enigma- my critique of David Harvey for the Left Forum

see the more recent, and far superior, draft here.   The Left Forum is next weekend at Pace University in NYC. I’m speaking on two panels on Sunday: David Harvey and Capitalist Accumulation; and a roundtable on Andrew Kliman’s new … Continue reading

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Network for the Circulation of Theoretical Struggles

There is a new website in town. Now, perhaps you are already maxed-out on new websites, but I would urge regular readers to consider paying a bit of attention to this new site as it is a bit unique. The … Continue reading

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Left Forum panels from Marxist-Humanist Initiative

I recently enjoyed watching these videos of some Left Forum panels sponsored by the Marxist-Humanist Initiative. Is Socialism Possible? Shockingly the answer is “yes”. This actually two panels featuring quite a variety of speakers including Michael Albert, Andrew Kliman, Anne … Continue reading

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Falling Rate of Profit

The Falling Rate of Profit The financial world is a mysterious one. It appears that through trading stock, advancing credit, or swapping currencies profit can appear out of thin air- that is, money can be turned into more money just … Continue reading

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Capitalist Equilibrium?

Part one: Part two: 10 Step Program for Capitalist Equilibrium. Ahhhh, capitalist equilibrium…. A world of free and voluntary exchange, perfect competition, the perfect allocation of resources to meet the demands of consumers, of maximum freedom for all individuals… Or … Continue reading

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