Capitalism—an irrational system in an age of climate change
Capitalism is generally recognized as having one great strength. That, of course, is as a creator of wealth. Aided by the remarkable advance of technology (some would say inspired and…
capitalism
Syriza Succeeds in Greece by Challenging European Left’s Approach to Reform
Syriza Succeeds in Greece by Challenging European Left’s Approach to Reform. Leo Panitch on Syriza’s radical approach to ‘reform’ in Europe. Filed under: Austerity, Capitalism, Social Democracy, Socialism Tagged: Europe,…
Economic history in the present: Potlatch and tax
This post inaugurates an occasional series I’m calling, “Economic history in the present”. This series will look at vignettes from global economic history with an eye to current phenomena or…
Europe’s left has seen how capitalism can bite back | Leo Panitch
http://www.theguardian.com/commentisfree/2014/jan/12/europe-left-capitalism-social-democrats-reforms Filed under: Europe Tagged: Capitalism, Socialism, the Left
Transformations in profit and possibilities of resistance: A reply to Sam Gindin
Several weeks ago, I published a series of blog posts on profitability and investment in Canada since the financial crisis of 2007-8. These were republished as a single long article…
Economic Growth? I Prefer Steady State
Economic growth suggests that infinite growth is possible. Even with a growing earth population and increasing climate breakdown, people still think we can continue growing. I like using the seasons…
Finance’s hold on our everyday life must be broken | Costas Lapavitsas
http://www.theguardian.com/commentisfree/2014/jan/01/finance-hold-everyday-life-broken-capitalism Filed under: Uncategorized Tagged: Austerity, Capitalism, crisis, finance
How the Occupy Movement is Enriching People’s Lives
Imagine an eco-community of micro-homes designed as a first step out of homelessness. Housing, easy to get into, if people care. Occupy Madison in Wisconsin has come up with an…
Solving Christmas conundrums with New Year’s resolutions
I know I promised to not post until the New Year. Clearly the holidays have gotten the better of me. This, however, will be a short reflection and at once…
An Industrial Policy for Europe | The Bullet No. 918
http://www.socialistproject.ca/bullet/918.php Filed under: Capitalism, Europe
A Good Question
But what is the answer? Re: ‘Golden age’ for Poland caps 500 years of pain, Dec. 22 Seeing the statement “communism’s iron grip” was too much. What about capitalism’s iron…
The rise of Bitcoin: and the challenge to the global domination of big money
The following article was written on October 25. I wanted to read it over once more before publishing it, then got busy with other things and forgot about it. In…
Capital Gains and the Incomes of the Wealthy
Yesterday’s release from Statistics Canada on the income share of the wealthy generated some interesting coverage and commentary. It reported that the top 1%’s share of total income in Canada…
A Refreshing Perspective
For the first time in decades, I feel a modicum of optimism about organized religion. The new Pope, Francis, is breaking the centuries-long stultification of the Church through the kinds…
Karl Marx’s Revenge: Class Struggle Grows Around the World | TIME.com
Karl Marx’s Revenge: Class Struggle Grows Around the World | TIME.com. Karl Marx was supposed to be dead and buried. With the collapse of the Soviet Union and China’s Great…
NAFTA, “Free Trade” and the TPP: Fast-Track To Full Corporate Rule
“Twenty years ago, the North American Free Trade Agreement (NAFTA) was signed into law. At the time, advocates painted a rosy picture of booming U.S. exports creating hundreds of thousands…
Crash! A brief history of modern global capitalism – audio slideshow | Comment is free | theguardian.com
Crash! A brief history of modern global capitalism – audio slideshow | Comment is free | theguardian.com. An amazing slideshow of a century of capitalist development and economic crisis narrated…
Why Bitcoins aren’t going anywhere: Drugs and Coffee
Bitcoin is going nowhere. I promise you that it won’t and I’m positive that I won’t be eating my words at a later date. I’m going to tell you why:…
Huffington Post: Big Brother is Unstoppable……
I don’t think I’m alone in this..I hate Facebook and the site has morphed into..a crassly capitalist commercial, 24/7…and after telling us that they would use whatever images we had…