Why Socialism? — Albert Einstein | Monthly Review
Source: Why Socialism? :: Monthly Review. Albert Einstein is the world-famous physicist. This article was originally published in the first …
Category Archives: Economics
Richard Werner speaking in Moscow on the Central Bank issue
[Hat tip to the website Critical Thinking for this.] Published on Feb 17, 2015 12/02/2015, Russian Academy of Sciences, Blue Room Round …
A Synopsis of Marx’s Concept of “Value” and how “Abstract Labour” Determines the Magnitude of all “Exchange-Values” in a Non-arbitrary Way – at least according to Norm
[Norm’s note: ( 15 April 2018) I only just discovered this piece by Patrick Murray, “Avoiding Bad Abstractions: A Defense of …
“If money, according to Augier, “comes into the world with a congenital blood-stain on one cheek,” capital comes dripping from head to foot, from every pore, with blood and dirt.” — Karl Marx | Marxist Internet Archive
[Norm’s note: The quote chosen as the title of this post is the last line of the excerpt that follows.] …
Can banks individually create money out of nothing? — The theories and the empirical evidence | by Richard A. Werner
Can banks individually create money out of nothing? — The theories and the empirical evidence Richard A. Werner Abstract This …
Why read Karl Marx?
Karl Marx, or at least the current of thought for which he was a spokesman and exegete, whether people realize …
On Proudhonism and the Marxist Comeback
Recently, I posted some excerpts from Proudhon, Engels, and Marx. Proudhon came to my notice by a piece signaled and …
A Critique of Proudhonism
What follows are two excerpts from two different essays written in response to Proudhon’s ‘socialist project,’ the first from a …
What Life Means to Me – Jack London
From the Marxist Internet Archive Jack London Revolution and other Essays What Life Means to Me I was born in …
On the Phenomenon of Bullshit Jobs by David Graeber – STRIKE! Magazine
A “Daily Pickings” recommendation — all that follows is from the website: STRIKE! Magazine On the Phenomenon of Bullshit Jobs by …
Is Bitcoin an Alternative Currency?
I’ve heard Max Keiser and even James Corbett (the latter of whom I deem highly reliable as a source of …
Taking Sides 