I was really rather surprised by this from Mark Thoma, the idea that capitalism (or, to be more accurate, this blend of capitalism and markets that we actually have) does not create a mechanism to ...
If you think America won the Cold War, take a look at a new article in Teen Vogue headlined “Who is Karl Marx: Meet the Anti-Capitalist Scholar.” It praises the communist scholar’s critique of the ...
Is capitalism in crisis? That is what Rep. Alexandria Ocasio-Cortez, D-N.Y., said recently, more precisely she said that we are witnessing a “crisis of late stage capitalism.” Others seem to agree. So ...
In my view, Karl Marx's analysis of capitalism is really powerful and important. I think the best formulation of this analysis is in his book Capital, Volume 1. Joseph Kay recently wrote a blog post ...
This month marks the bicentennial of an unusually consequential birth: Karl Marx, who entered the world on May 5, 1818. China’s president marked the anniversary by celebrating the man whose ideology ...
To the editor: Life sometimes imitates art. It sure did in Mary Gabriel’s op-ed article, “A letter to Karl Marx on his 200th birthday.” Gabriel writes, “Don’t get me wrong. The initial benefits of ...
Author’s Note: The following is an abridged and edited passage from the first chapter of my Invisible Leviathan: Marx’s Law of Value in the Twilight of Capitalism, published by Haymarket Books in 2019 ...
It might sound a little strange to be using a 19th century economic philosopher like Karl Marx to explain just what was wrong with the various no-poaching agreements between Silicon Valley firms like ...
For most of the 20th century, favorably mentioning the works of Karl Marx has been a quick road to being run out of polite society in the United States. But I've just finished a long trip through the ...