Though Thomas Piketty’s book Capital In The 21st Century has proved popular among establishment intellectuals, the research in the book validates one of the most common radical critiques of capitalism – that when unrestrained by governments or social movements capitalism is a reckless and malevolent enterprise. And so after 30 years of Neoliberalism savage capitalism is now back according to David Graeber.
|By: DSWright Wednesday August 27, 2014 12:12 pm|
|By: cassiodorus Sunday August 10, 2014 4:00 pm|
Every time I publish a diary like this one (“Promoting an Effective Discussion: Capitalism Causes Climate Change,” 8/3/14), I get responses from patrons of alternative energy. Solar panels and wind farms will save the Earth, the world-society, and the capitalist system, from the prophesies of doom accompanying abrupt climate change, they imply.
|By: spocko Wednesday July 30, 2014 4:53 pm|
We are focusing on Ebola because it is news. We won’t get Ebola here in the US for a number of reasons. One reason is Ebola doesn’t have a good lobbying and PR firm. When it comes to infectious diseases, it helps to have people in high places. People who want to describe their pathogen as “naturally occurring,” who delay life saving performance standards, dictate which words doctors can use to describe a condition and most astonishingly, convince everyone the burden of protection is on the victims in order to avoid responsibility for their problems.
|By: Phoenix Woman 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.
|By: joe shikspack Monday July 21, 2014 7:15 pm|
Money is violence
Our system of money visits violence on people. Economic sanctions are an obvious example:
|By: patrick devlin Wednesday July 2, 2014 6:15 pm|
In America, where Christians have the hobby of lobbying the courts and their legislators for all kinds of special treatment, the faithful, with little green papers stamped with the words “In God We Trust” in their pockets, listen to all sorts of self-appointed (and often finely appointed) ministers who advise the poor and sick that god really wants them to be wealthy and healthy, and who promise that they can be all helpy — while separating the faithful from their dollars in a manner that’s stealthy.
In New Zealand, where the government attempts to encourage even those who claim spiritual motivation to make honest representations as they ply their wares, ordered an evangelical church to cease advertising so-called “healing sessions” due to the fact that there is no medical evidence that prayer is capable of healing the health problems that their adverts suggest it can.
|By: cassiodorus Sunday June 22, 2014 6:40 pm|
The topic of capitalism’s eventual death has been around for more than 150 years now. At one early point (1847) in his career as a writer, Karl Marx (with his friend Friedrich Engels) thought the death of capitalism was imminent. He even thought he could specify the mechanism by which this would happen.
|By: Other Worlds Wednesday June 11, 2014 5:00 pm|
At the first World Social Forum at the end of the 90’s, participants started looking for alternatives. There are a lot of authors who started to theorize about different forms of economies. They started to rescue the idea of solidarity economy, based on the experience of cooperatives, indigenous practices, practices from different parts of the world and different economies.
|By: Peterr Saturday June 7, 2014 10:01 am|
On the way home from his trip to the Middle East, Pope Francis gave a press conference that hinted about some big future shakeups. The first came out on Thursday, as Francis has put the old guard of Italians who ran the Vatican’s financial operations out and brought in folks with considerable financial expertise who understand — and support — international financial transparency rules. At the same time, Timothy Dolan, the Bishop of Wall Street, tried to dial back some of Francis’ pointed comments about exploitative capitalism (with some help from Larry Kudlow), but experts in Catholic ethics and social teachings took Dolan’s work apart in short order.
Could action on that other scandal be next? Let us pray . . .
|By: patrick devlin Tuesday April 15, 2014 5:02 pm|
Alarmed at the thought of poor shelter-less citizens invading the public’s well-kept city benches, citizens in Davidson, NC motivated by their “concerned for the safety of the neighborhood” have reported to local officials that a vagrant has set up camp in front of St. Alban’s Episcopal Church.