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Not TINA (There Is No Alternative) but TAPAS: THERE ARE PLENTY OF ALTERNATIVES
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The Value of Radical Theory

The Value of Radical Theory Offer Price $11.66 ISBN:1939202019 Authors Wayne Price List Price : $12.95 Availablity Usually ships in 24 hours Publisher : AK Press The Value of Radical Theory achieves two main goals.
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Ethics: Utilitarianism part 3

Julia Markovits (Cornell University) gives an introduction to the moral theory of utilitarianism. Utilitarianism is the view that the right moral action is the one that maximizes happiness for all.
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Mike Treen: A critique of crisis theory - Links International Journal of Socialist Renewal

Mike Treen: A critique of crisis theory - Links International Journal of Socialist Renewal | real utopias | Scoop.it
Mike Treen: A critique of crisis theory Links International Journal of Socialist Renewal That is, capitalism goes through periods of several decades such as the post-World War II “long boom” involving multiple cycles where the upturns are...
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International Socialism: Thunder on the left

International Socialism: Thunder on the left | real utopias | Scoop.it
The paradox of the present situation is that capital is weak—but the radical left is much weaker. Alternatively, capital is economically weak, but much stronger politically, less because of mass ideological commitment to the system than because of the weakness of credible anti-capitalist alternatives. The most obvious evidence of economic weakness is that the relatively modest recoveries from the Great Recession of 2008-9 finally under way in the US, Britain and even the eurozone are dependent on massive infusions of money by the central banks. Leading economists join ex-US treasury secretary Lawrence Summers in warning that the advanced economies face “secular stagnation”.1 Meanwhile the Financial Times worries that slowing growth in the “emerging market” economies will push many in what it calls the “fragile middle”—the 2.8 billion people in the Global South with an income of between 2 and 10 dollars a day—back below the extreme poverty line.2
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"Marx's theory of value and money. A critique of Reuten's 'value-form' interpretation of part 1 on volume 1 of Capital": Fred Moseley

"Marx's theory of value and money. A critique of Reuten's 'value-form' interpretation of part 1 on volume 1 of Capital": Fred Moseley | real utopias | Scoop.it

How then is the magnitude of value to be measured? By means of the ‘value-forming substance’, the labour, contained in the article. The quantity is measured by its duration, and the labour-time itself is measured on the particular scale of hours, days, etc. (C.I. 129).

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"Clarifying ‘Secular Stagnation’ and the Great Recession": Andrew Kliman

"Clarifying ‘Secular Stagnation’ and the Great Recession": Andrew Kliman | real utopias | Scoop.it

In ‘Clarifying the Crisis,’ published earlier this year inJacobin magazine, the Canadian political economist Sam Gindin reasserted his view that the global economic crisis that erupted in 2008 ‘needs to be understood primarily as a financial crisis.’ To be sure, the U.S. financial crisis was the event that triggered the Great Recession, and Gindin is certainly correct that the recession ‘turned into such a generalized and profound economic catastrophe’ largely because of the size of the financial sector, global financial integration, and the securitization of mortgage loans. Yet has one really ‘clarified the crisis’ by saying only this and then quickly moving on, as he does?

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II: How Andrew Kliman crippled his own argument on the rate of profit

II: How Andrew Kliman crippled his own argument on the rate of profit | real utopias | Scoop.it

One of the biggest controversies among labor theorists when it come to calculating the rate of profit is whether the profit rate should be calculated based on the original amount of capital laid out by the capitalists minus depreciation or the current cost of replacing this capital. For example, assume I bought a widget machine for 100 dollars last year. Assume also that since I bought this machine, the price of widget machines fell from 100 dollars to fifty dollars. When I calculate my profit do I do this based on my original investment of 100 dollars or on the basis of the current market price of fifty dollars?

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Andrew Kliman interview 1 of 4 - YouTube

Andrew Kliman, author of "Reclaiming Marx's Capital", speaks about the Marxist theory of capitalist crisis. This interview was filmed on April 19th, 2009. Kliman speaks about Marx's theory of crisis- the Falling Rate of Profit- and critiques some of the other theories of crisis that are floating around out there. He also comments on the state of academic Marxism, the public reception of his research on the transformation problem, and envisioning alternatives to capitalism.

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Questions about socialism and value theory

Questions about socialism and value theory | real utopias | Scoop.it

A: In general, I shy away from questions about how a future socialist system will work but in the Russian revolution the original intent was to only expropriate the big capitalists. In the immediate period, however, a policy of War Communism led to the expropriation of all privately owned firms, large and small. This was a function more of the need to disempower a middle class that was hostile to the revolution rather than comply with any socialist blueprint—which of course Marx never intended to begin with.

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On the Value of Privilege Theory: A Summary

Mutual Exchange is the Center’s goal in two senses — we favor a society rooted in peaceful, voluntary cooperation, and we seek to foster understanding through ongoing dialogue.
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The Economic Crisis & Crisis Theory II | Michael Hudson

The Economic Crisis & Crisis Theory II | Michael Hudson | real utopias | Scoop.it

This panel explored causes of the Great Recession and the continuing economic sluggishness since the recession’s ended, as well as how the left can respond to this situation. In keeping with the conference theme, panelists addressed what different analyses and theories imply about the kind of socioeconomic change that is called for.

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Panel discussion I: On the Marxian Theory of Class

Tibor Rutar: The Marxian Theory of Class: Recentring Exploitation and Class Struggle & Chris O'Kane: 'The specific social characters that the social producti...
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New Left Project | Articles | Response to Kliman: Time to Move On

In an article published earlier this year by Jacobin, the Canadian political economist Sam Gindin described the 2008 economic collapse as ‘a primarily financial crisis’. Writing for New Left Project, Andrew Kliman rejected that analysis, arguing that the crisis was rooted in long term capitalist stagnation.  Sam Gindin responded that on the contrary the 2008 financial crisis capped off one of the most dynamic eras for capital in American history.  Kliman replied with an in-depth examination of Gindin’s data.  Here Gindin responds, urging recognition of labour’s defeat at the hands of capital, so that we can begin to think about how to reverse it.

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Utopian Dreamers - CounterCurrents.org

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They disagreed with Fourier that a new society could be broadly realised without class struggle, and that ideal projections could come real in capitalist society.

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Underestimating Capital, Overestimating Labour: - Socialist Project

Underestimating Capital, Overestimating Labour: - Socialist Project | real utopias | Scoop.it

There could not be a sharper analytical difference between Andrew Kliman and I on how we understand the trajectory of U.S. capital and U.S. labour over the quarter century leading to the Great Financial Crisis. He sees it as a period of “secular stagnation” – i.e. protracted low growth – while I argue, along with my co-author Leo Panitch, that it has been one of the most dynamic eras for capital in American history.[1] He views the alleged stagnation of that period as rooted in a profitability crisis that was temporarily masked by a credit bubble, which allowed the U.S. economy to limp on until it burst. We argue that corporate profits have in general not been squeezed and that the role of finance in creating the conditions for the crisis went far beyond advancing credit. He sees labour as largely holding its own over this period; we understand labour as having suffered a most profound defeat.

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Sam Gindin and 'the cause of every crisis is different'

Sam Gindin and 'the cause of every crisis is different' | real utopias | Scoop.it

the Canadian political economist Sam Gindin explained it as ‘primarily financial crisis’.  I commented on this view of Gindin when reviewing his new book co-authored with Leo Panitch in a previous post (http://thenextrecession.wordpress.com/2013/11/12/the-informal-empire-finance-and-the-mono-cause-of-the-anglo-saxons/).

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Marxism Still Relevant In A Capitalist Society Sociology Essay

Almost 29 years ago at the height of mass struggles by workers, youth, women, students and communities, despite repression, detention without trial, a state of emergency, killings and assassinations of activists and leaders, the workers of South Africa declared; “A giant is born”. And so the Congress of South African Trade Unions (COSATU), by the blood, sacrifices and sweat of many generations before it, was launched.

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New Left Project | Articles | Underestimating Capital, Overestimating Labour: A Response to Andrew Kliman

New Left Project | Articles | Underestimating Capital, Overestimating Labour: A Response to Andrew Kliman | real utopias | Scoop.it

There could not be a sharper analytical difference between Andrew Kliman and I on how we understand the trajectory of US capital and US labour over the quarter century leading to the Great Financial Crisis. He sees it as a period of ‘secular stagnation’—i.e. protracted low growth—while I argue, along with my co-author Leo Panitch, that it has been one of the most dynamic eras for capital in American history.[1] He views the alleged stagnation of that period as rooted in a profitability crisis that was temporarily masked by a credit bubble, which allowed the US economy to limp on until it burst. We argue that corporate profits have in general not been squeezed and that the role of finance in creating the conditions for the crisis went far beyond advancing credit. He sees labour as largely holding its own over this period; we understand labour as having suffered a most profound defeat.

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Stirner, Feurbach, Marx and the Young Hegelians - David McLellan | libcom.org

Stirner, Feurbach, Marx and the Young Hegelians - David McLellan | libcom.org | real utopias | Scoop.it

A summary of Stirner's ideas and their strong impact on his fellow Young Hegelians. McLellan asserts that Stirner's influence on Marx has been under-estimated and that he "played a very important role in the development of Marx's thought by detaching him from the influence of Feuerbach", his static materialism and his abstract humanism. Stirner's critique of communism (which Marx considered a caricature) also obliged Marx to refine his own definition. Stirner's concept of the "creative ego" is also said to have influenced Marx's concept of "praxis".

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Co-operatives, socialism and communism: Marx's Critique of the ...

“What we have to deal with here is a communist society, not as it has developed on its own foundations, but, on the contrary, just as it emerges from capitalist society; which is thus in every respect, economically, morally, and intellectually, still stamped with the birthmarks of the old society from whose womb it emerges.”

 
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Gramsci, Lenin, philosophy and the future of working-class politics - Workers' Liberty

Gramsci, Lenin, philosophy and the future of working-class politics - Workers' Liberty | real utopias | Scoop.it

Martin Thomas starts off his broad evaluation of Gramsci, through the prism of Peter Thomas’ instant classic The Gramscian Moment: Philosophy, Hegemony and Marxism (2009), with the accurate remark that Eurocommunist and Post-Marxist/New Labour/postmodern interpretations intentionally compartmentalise his writings in order to separate these from some of the most important contextual influences: the early Bolshevist intellectuals (p. 15).

 
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Robert Kurz, David Graeber's "Bullshit Jobs" and the collapse of capitalism

Robert Kurz, David Graeber's "Bullshit Jobs" and the collapse of capitalism | real utopias | Scoop.it

In section 3 of the Apotheosis of Money, Robert Kurz takes on a problem that has been discussed by Marxists for almost 80 years. The discussion is important because, I believe, its conclusions will have more to say about what a post-capitalist society actually looks like than any of the issues typically raised by the Left:

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State and Capital - libcom.org (blog)

State and Capital - libcom.org (blog) | real utopias | Scoop.it

Excerpts about the relationship between the state and capitalism from Michael Heinrich’s recent book, An Introduction to the Three Volumes of Karl Marx’s Capital.

 
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Triumph of capitalism: The new world plague - Thought Leader

Triumph of capitalism: The new world plague - Thought Leader | real utopias | Scoop.it

Some time ago, while working on a bigger project concerning contemporary society, I tookSlavoj Žižek as my point of departure to raise the question of the state of the “ethical” today. This morning, when I was looking at Jacques Derrida’s Specters of Marx (Routledge 1994) in the context of this project, I noticed a confluence of ideas between the latter and Žižek, but also between Derrida and Manuel Castells’ theory of the “network society”.

 
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Center for a Stateless Society » Capitalism, Free Enterprise And ...

Center for a Stateless Society » Capitalism, Free Enterprise And ... | real utopias | Scoop.it

The Industrial Revolution is typically regarded as a story of capitalism, free enterprise, and progress in technology and living standards. This paper attempts to disentangle the threads of capitalism, free enterprise, and progress, in the context of the Industrial Revolution, with a focus on Britain and the United States. It aims to bring some historical perspectives into the current discourse.

 
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Curated by jean lievens
Economist, specialized in political economy and peer-to-peer dynamics; core member of the P2P Foundation