marxism

Robert Meister’s book „Justice is an Option“ (5) – A Revaluation of the Financial Markets

In the next section, Meister tries to develop tools by which justice-seeking movements could extract amounts of money to, in turn, generate liquidity for themselves, something that governments, hardly interested in justice, are unlikely to want to do. Thus, movements […]

Robert Meister’s book „Justice is an Option“ (5) – A Revaluation of the Financial Markets

Economy, Ecumenes, Communism: Economy as the Devastation of Ecumenes, Communism as the Exit From Economy

We’ll consider the economy (of) capitalism, its “economic” character even more than its “capitalist” one, as the major force of destruction of spaces and forms of life (ecumenes). The economy-capitalism as an expansive bloc of colonization—of bodies as well as

Economy, Ecumenes, Communism: Economy as the Devastation of Ecumenes, Communism as the Exit From Economy

Robert Meister’s book „Justice is an Option“ (4) – A Revaluation of the Financial Markets

The value of a risky loan is the value of a risk-free loan minus the value of the guarantee, which is the option that can be priced out, either as insurance or interest. The liquidity of private credit markets implies

Robert Meister’s book „Justice is an Option“ (4) – A Revaluation of the Financial Markets

Commodity Fetishism: an introduction to I.I. Rubin’s Essay on Marx’s Theory of Value

According to economists whose theories currently prevail in America, economics has replaced political economy, and economics deals with scarcity, prices, and resource allocation. In the definition of Paul Samuelson, “economics or political economy, as it used to be called, is

Commodity Fetishism: an introduction to I.I. Rubin’s Essay on Marx’s Theory of Value

Was Marx Right? Development and Exploitation in 43 Countries, 2000-2014

The period 2000-2014 encapsulates a unique moment of intense globalization where nearly all countries followed the capitalist mode of production. We assess Marx’s hypotheses about capitalist development and the tendency for profit rates to decline for this period using a

Was Marx Right? Development and Exploitation in 43 Countries, 2000-2014

Robert Meister’s new book „Justice is an Option“ (2) – A Revaluation of the Financial Markets

Meister asks why, in a world dominated by finance, we should look to the future through Marx’s eyes? The answer is that the extraction of surplus value in production had the purpose of preserving and accumulating it as an instrument

Robert Meister’s new book „Justice is an Option“ (2) – A Revaluation of the Financial Markets

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