Class and need: Social surplus and Marxian theorization of development

by Anjan Chakrabarti We know that there have been two paths of development, paths that are not always considered complementary to one another. The first and still the dominant path would contemplate economic growth as the basic indicator of capturing the increase in standard of living (either measured as GDP per capita or GDP per worker) which represents development of a nation or region; thus poor and rich countries are differentiated in terms of, say, the level of GDP per capita and resultantly, the path to development of poor countries lie in expanding the latter as fast as possible. High … Continue reading Class and need: Social surplus and Marxian theorization of development

Beyond May Day: From ritual to resistance

by Jeff Shantz Perhaps few recurring events show the great disparity that exists between activist subcultures and broader working class and poor communities in North America than the May Day celebrations that happen each year (with a few exceptions). Despite its proud origins in working class movements of resistance, and its resonance in the mass struggles of the 1930s, May Day in Canada and the US has become little more than a historical commemoration among certain subcultures, an opportunity to (once again) unfurl black flags and distribute pamphlets (largely to one another). For the most part May Day events are … Continue reading Beyond May Day: From ritual to resistance

Taking notes 3

There are many lines that need to be crossed for things to be made better. For some it is daunting and means ‘crossing the Rubicon’. Recently, it was the attempt to cross the ‘Buffett line’ (or impose the ‘Buffett rule’) which the corporate-owned American congress stopped Obama from doing. The US is predictably prevented from even a token stance of doing what is right by its political system that actively stymies the interests of the people. It has lost the chance to ensure that those making over a million dollars annually pay a minimum effective tax rate of at least … Continue reading Taking notes 3

Global economic justice

by Daniel Little My subject here is the role of ethical principles in the conduct of economic development planning and strategy. Bluntly, what does justice in development involve, and why should policy makers care? The field of “development ethics” has been around for at least fifty years, since the publications of Gunnar Myrdal (Myrdal, 1968). But it has received more focus and attention in the past thirty years, led by the brilliant work of Amartya Sen. Sen has many qualifications for theorizing about the ethics of development. He is a Nobel prize winning economist, he is an Asian by birth, … Continue reading Global economic justice