Tag: marx

We need to begin again

sanjay perera

by Slavoj Žižek In his wonderful short text ‘Notes of a Publicist’—written in February 1922 when the Bolsheviks, after winning the Civil War against all odds, had to retreat into the New Economic Policy of allowing a much wider scope to the market economy and private property—Lenin uses the analogy of a climber who must backtrack from his first attempt to reach a new mountain peak to describe what retreat means in a revolutionary process, and how it can be done without opportunistically betraying the cause: Let us picture to ourselves a man ascending a very high, steep and hitherto … Continue reading We need to begin again

Marxism, the 21st century and social transformation

sanjay perera

by Bill Fletcher, Jr. A discussion of the future of socialism and social transformation must be grounded in two realities.  The first reality is the broader economic, environmental and state-legitimacy crises in which humanity finds itself.  In other words, the convergence of these three crises means that the necessity for a genuine Left capable of leading masses of people is more pressing than ever.  It means that while one cannot sit back and wait for the supposed “final” crisis of capitalism to open up doors to freedom — since capitalism is largely defined by its continual crises — it is … Continue reading Marxism, the 21st century and social transformation

An infernal machine: A new reading of Capital

sanjay perera

by Fredric Jameson My title promises a preview of my forthcoming book, Representing Capital, a commentary on Volume I of Marx’s Capital, which I read somewhat differently than many of the standard interpretations. So I will tell you something about that and then draw some practical conclusions about Marxism today and its political and intellectual mission. I am anxious that this work of mine not be understood as a “literary” reading of Capital: not only have those few such attempts been either weak generic classifications or fairly obvious notes on style and metaphor: indeed, the very term literary in this … Continue reading An infernal machine: A new reading of Capital

Taking notes 3

sanjay perera

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

An anarchy of everyday life

sanjay perera

by Jeff Shantz Contemporary anarchism offers a mid-range movement organized somewhere between the levels of everyday life, to which it is closest, and insurrection. Rooted in the former they seek to move towards the latter.  Anarchists look to the aspects of people’s daily lives that both suggest life without rule by external authorities and which might provide a foundation for anarchist social relations more broadly.  This commitment forms a strong and persistent current within diverse anarchist theories.  This perspective expresses what might be called a constructive anarchy or an anarchy of everyday life, at once conserving and revolutionary. Colin Ward … Continue reading An anarchy of everyday life

Marxism: Dead or alive?

sanjay perera

by Zoltan Zigedy  Twenty years ago Marxism was in retreat. Actually, it had been in retreat much earlier than the fall of the Soviet Union and Eastern European socialism a decade before the end of the twentieth century. But certainly the dissolution of the USSR marked a dramatic and, for many, a surprising finale. Communism, the revolutionary expression of Marxism, was the official ideology of states that contained roughly 40% of the world’s population as late as the nineteen eighties. At the same time, in many other countries, Communists were formidable political forces possibly in reach of political power or, … Continue reading Marxism: Dead or alive?

Another way is possible

sanjay perera

by Kieran Allen The Wall Street Crash of 2008 destroyed an estimated €50 trillion of the world’s assets, which is equal to one year of the combined labour of humanity. As a direct consequence, millions of children face the prospect of ‘long-term irreversible cognitive damage’, according to Patrick Montjourides, from the UNESCO’s Global Monitoring Report team. Rising food prices and growing unemployment have already led to the death of between 200,000 and 500,000 children and many more will suffer brain damage in future due to malnutrition. Yet many still claim that there can be no alternatives to capitalism. ‘We cannot … Continue reading Another way is possible

A Marxian interpretation of the economic crisis

sanjay perera

by Stephen Resnick and Richard Wolff Two different and contending mainstream theories have explained capitalism’s repeated crises over the last century. Each time each theory proposed correspondingly different solutions. Today’s crisis is no exception. One theory—called, after one of its founders, “Keynesian economics”—claims that unregulated private markets inevitably yield price movements that react back on the decisions of businesses, workers, and consumers to produce out-of-control price spirals. These periodically push the economy into inflations, recessions, or even depressions. Without intervention from outside, capitalism’s private economy may remain depressed or inflated long enough to threaten capitalism itself. Keynesian—or now more generally … Continue reading A Marxian interpretation of the economic crisis