Richard Werner – Cooperative banks for the social economy
Published on Mar 16, 2015 Richard Werner is the inventor of the term “Quantitative Easing”, (QE). He argues that small …
Category Archives: Political Economy
“These make the wounds of men” — Norman Bethune, 1939
What follows is an excerpt from Norman Bethune’s The Wounds, Alive Press circa 1973, pp.27-32. — “Wounds” by Norman Bethune . …
Frederick Engels’ “Synopsis of Capital” | Marxists Internet Archive
Norm’s note: I’m beginning to read through Frederick Engels’Synopsis of Capital. Since this blog is as much for myself as …
Reading Marx: Where Does Profit Come From? (And Why The ‘Rate of Profit’ Must Fall) — Norman Pilon | Taking Sides
Norm’s note: in my humble opinion, although many so-called leftists decry the structural imperfections implicit in the economic system that we …
Understanding Marx: an excerpt from Paul Mattick’s “Economic Crisis and Crisis Theory” (1974) | Marxists Internet Archive
Source: Marxists Internet Archive Excerpted from: Economic Crisis and Crisis Theory. Paul Mattick 1974 2. Marx’s Crisis Theory The stagnation …
A World Gone Mad — Eduardo Galeano | Third World Traveler
Sourced from: Third World Traveler A World Gone Mad by Eduardo Galeano The Progressive magazine, Dec 2000 Fear of losing …
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 …
Reading the “unreadable” Marx — Humphrey McQueen | Marx Myths and Legends / (March 2005)
Source: “READING THE “UNREADABLE” MARX” was written for “Marx Myths and Legends” by Humphrey McQueen in March 2005, and rights …
Reykjavik Rising
. Hat tip to Dr Stuart Jeanne Bramhall . You can read her review of the documentary here. Norm’s note: two things were at …
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 …
Reading Marx: On the ‘Reduction’ of ‘Skilled Labour’ to ‘Unskilled Labour’
Norm’s note: I’m merely re-posting this because there appears to be some interest in it, or rather, in the content …
“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 …
An Example of Racism as Capitalist Practice — an excerpt from Jean-Paul Sartre’s “Critique of Dialectical Reason”
Source: Marxist Internet Archive Jean-Paul Sartre 1960 Racism and Colonialism as Praxis and Process Excerpt from “Critique of Dialectical Reason” …
The Return of Fascism in Contemporary Capitalism – by Samir Amin | Monthly Review
The Return of Fascism in Contemporary Capitalism by Samir Amin _ It is not by chance that the very title …
The Real World of Ideology — Joe McCarney 1980
(source of what follows: Marxist Internet Archive) The Real World of Ideology Joe McCarney 1980 Preface This essay is a …
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 …
Taking Sides 