Late Night: Piketty’s Failure of Nerve, or Why Marx Is Still the Boogeyman

By: Sunday July 27, 2014 8:00 pm

Piketty’s emphatic denial of Marxian influence on his work – and the fact that he felt compelled to make it in the first place – is quite telling. The decades of heavy-duty demonizing dumped on Marx by capitalism’s cheerleaders, particularly in the United States, have scared people away from studying his work to the point where even a French economist is quick to deny being contaminated by the thoughts of the Great Satanic Boogeyman.


Late Night: Lincoln’s Remarks on Labor and Capital

By: Sunday July 13, 2014 8:00 pm

Abe Lincoln’s words have been appropriated by various groups for various purposes, and words have often been put in his mouth by people seeking to use him and his reputation to further their own causes. But the recent Upworthy spotlighting of his remarks on labor and capital, found in his December 1861 annual message to Congress, is a pretty accurate representation of his thoughts on the matter.

Piketty and His Critics Chapter 3: Galbraith

By: Sunday June 22, 2014 10:45 am

Piketty attacks inordinate wealth directly. Galbraith leaves it intact and hopes that some combination of traditional programs will reduce it and it’s associated power.

Liberalism Is Dead, Now What?: Two Cheers for Bhaskar Sunkara by LeGauchiste

By: Monday May 27, 2013 2:35 pm

Bhaskar Sunkara’s recent essay in The Nation, Letter to ‘The Nation’ From a Young Radical, argues persuasively that American liberalism is “practically ineffective and analytically inadequate” to the twin political tasks of mobilizing supporters and generating policy.

The Primacy of Politics

By: Sunday September 9, 2012 11:15 am

Why would you want to be governed by Wall Street thugs managing trillions of dollars owned by tax-avoiding corporations, drug cartels, Saudi oil princes, secretive Taiwanese billionaires, and Russian mafia types?

The 150-Year Labor Shortage, The Fall of Corporate Taxation: Things The Establishment Media Don’t Exactly Emphasize

By: Thursday March 15, 2012 11:05 am

I learned two useful things that are central to American life today, yet which I have never once heard stated on the radio or TV or read in a newspaper: I learned about the labor shortage that fueled the 150-year period of rising wages in the United States, and I learned about the fact that corporations used to pay a lot more in corporate taxes, especially as an overall percentage of American tax revenues, than they do now.

Consumption – To Repeat the Obvious – Is the Sole End and Object of All Economic Activity

By: Sunday June 12, 2011 10:40 am

Conservatives loathe Keynes, but they have no answer to the inexorable logic of his book. That makes them push their idiot theories even harder. That will be great for the rich, and screw the rest of us.

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