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

Fighting neo-liberalism with education and activism

by Dave Hill This is a revolutionary period in world history. The collapse of finance capitalism, the bankers’ bailouts across the globe, the continuing bankers’ bonuses, and the intrinsic problems of finance capitalism have, under current `bourgeois’ parliamentarist rule, resulted in ordinary families, workers and communities,`paying for the crisis’. All this, while the national and international capitalist classes and organisations impose austerity capitalism on a reeling public and public educational, social, health and welfare systems. This `austerity capitalism’ has led to an eruption of discontent-against political, economic and financial dictatorship, through the Arab Spring, the indignados in Spain, the Occupy … Continue reading Fighting neo-liberalism with education and activism

The Tao of economics

by Geoff Davies In the tropical forests of Central America are great stone temples and monuments, remnants of the Mayan civilisation that collapsed over a thousand years ago.  We can never know exactly why the Mayan civilisation collapsed, but some of the main factors were probably shifting climate, over-exploitation of natural resources, warfare and internal rivalries.  However a telling observation is that the grandest temples were built just before the final collapse.  It is not uncommon that the grandest accomplishments of a past society came just before a precipitous decline.  This pattern indicates the society was busy, right to the … Continue reading The Tao of economics