The basic element of economic planning in “actually existing socialism” was aspecific kind of economic control exercised over enterprises by the state (in the formof the state planning agencies). This control derives from two sources: (a) the plan itself (which […]
“Socialist Planning” and Enterprise in the USSR, 1929-1989
This article seeks to contribute to the existing critical debates on money and debt by advancing three main arguments. First, largely due to such debates’ tendency for description, the article argues that in in the heterodox literature on money and
Capitalized money, austerity and the math of capitalism
he ‘corona crisis’ reveals that care workers play a particularly important role in post-industrial societies. In this SILENT WORKS interview Magdalena Taube and Krystian Woznicki talk to the scholar-activist Christine Braunersreuther about why this is only now coming to light
Paradoxical Politics: Why the System Relevance of Care Workers Can No Longer Be Denied
taken from Spectre Journal Never has the global economy faced such a thorough challenge from a virus. Previous epidemics scythed through populations and ravaged livelihoods, but they remained contained on a regional scale or, where global, impacted the world economy
Covid Capitalism. General Tendencies, Possible “Leaps”
Als ich vor 20 Jahren mit den Dreharbeiten zu meiner Filmdokumentation ´Cafe Rebeldia` über zapatistische Kaffeestrukturen und die Kaffeekrise in Mexico begann, war mir noch nicht klar, wie dieser weltgrößte Lebensmittelkonzern den Alltag in Mexico bestimmt. Angefangen vom Anbau bis
Differing approaches to the issue of the beginnings of capitalismimply different conceptualization of what capitalism is. This paperelaborates on the notion of original accumulation. It utilizes theMarxist notion of the mode of production to provide the conceptof the historicalfigure which
Marx’s Inquiry into the Birth of Capitalism: Why Does It Matter?
This article investigates the mechanisms and causes of recessions and depressions, and their relation to the more spectacular financial crises which announce them. It demonstrates how the concept of the Monetary Expression of Labour Time (MELT) allows us to understand
THE WHOLE OF THE STORM MONEY, DEBT AND CRISIS IN THE CURRENT LONG DEPRESSION
… If no one borrowed, our capitalist economies would go into severe contraction because the vast majority of our money is created as debt. This is why financial elites were rattled during the global financial crisis: they feared credit would
Covid ‐ 19 Capitalism, Neoliberal Debt & the Need for Sovereign Money
„Geld regiert die Welt, und die von ihm regierte Welt droht in einer Katastrophe zu enden – sozial und ökologisch. Doch warum bestimmt das Geld überhaupt über den Lauf der Welt? … Mit dieser Herleitung des Geldes gelingt es endlich,
Karl Marx is not a proponent of classical value theory as labour expended. Marx developed in Capital and his other mature economic writings a monetary theory of value and capital.2 He analysed value as an expression of relations exclusively characteristic
Value, Fictitious Capital and Finance. The Timeless of Karl Marx’s Capital
In der Umweltbewegung wird eine Art Öko-Leninismus als Taktik empfohlen, der kritisch diskutiert werden sollte Gleich zwei verunglückte Methapern fallen dem Leser der Kolumne des Neuen Deutschland, verfasst von den Politikwissenschaftlern Ulrich Brand und Heinz Högelsberger, auf. Die Überschrift “Die
Corona-Notstand Blaupause für die Bewältigung der Klimakrise?
Vote Tory, Get Labour ist die Schlußfolgerung, die man aus den jüngsten Notfallmaßnahmen der Johnson-Regierung als Reaktion auf die Corona-Pandemie ziehen könnte. Hinzu kommt die Ankündigung des Schatzkanzlers Rishi Sunak, dass der britische Staat faktisch die Lohnkosten Großbritanniens nationalisieren will.