Economics, Socialism, Ecology: A Critical Outline (Part 2)

by Kamran Nayeri Introduction In Part 1, I argued that economics is neither an objective science nor capable of providing a lasting solution to the contradictions of the capitalist economy and society. As a discipline it has emerged to maintain and justify the capitalist system and it will wither away with its downfall.  Also, I argued that Karl Marx’s critique of political economy (“economics” of his time) and the capitalist system is a specific application of his theory of history, historical materialism, that aims to serve self-activity and self-organization of working people with the logic of transcending the capitalist system … Continue reading Economics, Socialism, Ecology: A Critical Outline (Part 2)

Nightfall II: Endgame for the American Way of Life

by P. J. Laska After commenting on the mass delusion that characterizes AWOL (the American Way of Life) in the Post-Meltdown era (Nightfall: Dimming of the dream) this essay looks at the significance of the Occupy Movement and presents Istvan Meszaros’ analysis of the unresolvable structural crisis of capitalism as a way of understanding the system’s failure to act on our present science-based foresight capability by addressing the critical issue of our species’ metabolism with nature.  It then examines the demented logic of extreme technologies that consume fossil fuel in order to obtain the additional fossil fuel necessary to continue … Continue reading Nightfall II: Endgame for the American Way of Life

The death rattle of the American mind

by Peter McLaren I regret to inform my liberal friends and colleagues that we have moved well beyond the return of a progressive Keynesianism. That the domination of post–World War II economics by Fordism/Keynesianism is over (as the production of profit no longer relies upon the production of commodities and their sale) should not be a revelation to the most astute observers of the contemporary political scene who have been examining in minute detail the collapse of our capitalist universe. Their most grim prognosis tells us that we have nowhere to run and nowhere to hide. Either we slay the … Continue reading The death rattle of the American mind