Capitalism, socialism, and everyday life in the twenty-first century

by Jeff Noonan
With new technologies, younger generations are shaped in their sense of self by the changed work and social relationships of on-line environments, so nineteenth and twentieth century forms of working class consciousness and struggle seem impossible to revive. Continue reading Capitalism, socialism, and everyday life in the twenty-first century

Taking notes 34: The enlightened capitalist

by Shimshon Bichler and Jonathan Nitzan Preamble Over the past few years, we have written a series of articles about the global crisis.[1] These papers try to break the conventional constrains of liberalism and Marxism, examining the crisis from the new theoretical viewpoint of capital as power. Capitalists and corporations, we argue, are driven not to maximize profit, but to ‘beat the average’ and increase their differential power. In this approach, the redistribution of income and assets is not a ‘societal’ side effect of the economy, but the central conflict that propels modern capitalism. And the main weapon in this … Continue reading Taking notes 34: The enlightened capitalist