Marxist theory
Putting humans back into socialism
Review by Federico Fuentes
The Socialist Alternative: Real Human Development
By Michael Lebowitz
Monthly Review Press, 2010
December 5, 2010 -- Green Left Weekly -- The onset of the global economic crisis in mid 2008, symbolised by the collapse of some of Wall Street’s most iconic companies, led to soaring sales of Karl Marx’s seminal work Das Kapital, as many sought explanations to the tumultuous events unfolding. Although written more than 100 years ago, this devastating and insightful dissection of how capital functions is still a powerful tool for people looking to understand and change the world.
Marx’s aim was to provide a handbook for working-class activists that unravelled the logic of capital and its inherently exploitative nature. Marx said this was necessary because as long as workers did not understand that capital was the result of their exploitation, they would not be able to defeat their enemy.
Τζον Μπέλαμι Φόστερ: Μια οικολογική επανάσταση ενάντια στον καπιταλισμό
The Ecological Revolution, Making Peace with the Planet
John Bellamy Foster
Νέα Υόρκη: Monthly Review Press 2009
σελ. 328.
Του Σάιμον Μπάτλερ*
[Αγγλική εκδοχή σε http://links.org.au/node/1193.]
Currency wars and the privilege of empire
By Paul Kellogg
October 23, 2010 -- PolEconAnalysis -- In uncertain times, the headline was soothing: "Secretary Geithner vows not to devalue dollar".[1] United States Secretary of the Treasury Timothy Geithner was saying, in other words, that if there were to be "currency wars" -- competitive devaluations by major economies in attempts to gain trade advantage with their rivals -- the United States would not be to blame. Who, then, would be the villain? China, of course.
Earlier this year, Democratic Party congressman Tim Murphy sponsored a bill authorising the United States to impose duties on Chinese imports, made too inexpensive (according to Murphy and most other commentators) by an artificially devalued Chinese currency. "It's time to deliver a strong message to Beijing on behalf of American manufacturing: Congress will do whatever it takes to protect American jobs."[2]
October 20, 2010 -- Links International Journal of Socialist Renewal, with the permission of Monthly Review Press, is excited to offer its readers an excerpt from the The Ecological Rift: Capitalism’s War on the Earth, an important new book by John Bellamy Foster, Brett Clark and Richard York. Links' readers are urged to purchase the book. Please click here to order your copy. You can download (in PDF) the chapter, "The ecology of consumption", below the following introduction, or read it on screen.
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Australia: A response to Socialist Alternative on the Greens and class
Greens' leader Senator Bob Brown addresses a rally demanding action on climate change.
Alex Callinicos on imperialism, two reviews
Review by Barry Healy
Imperialism and Global Political Economy
By Alex Callinicos
Polity, 2009
227 pages
October 2, 2010 -- The topic of “imperialism” greatly occupied the minds of late-19th and early-20th century socialists. Some of the tradition’s greatest minds toiled mightily to discern the fundamental changes in capitalism that were occurring before their eyes.
Capitalism, as analysed by Karl Marx, had grown fat in its European heartland through the ruthless exploitation of colonies and the brutal factory system in its coal dark cities. But suddenly new phenomena started to appear in the late 1800s.
Banking capital moved from being a support for industrial capital, first merging into and then dominating manufacturing. This agglomeration of money power created massive industrial complexes, like Germany’s famous Krupps steelworks.
The colossal scale of these industrial works dwarfed human beings.
[This is the slightly edited text of a talk presented to the Democratic Socialist Perspective and Resistance educational conference in Sydney in January 2002. Dave Holmes is now a leader of the Socialist Alliance in Melbourne. This and other writings are also available at Dave Holmes' blog, Arguing for Socialism.]
By Dave Holmes
I'd like to begin with a juxtaposition of two events — one which took place relatively recently and the other a long time before.
Michael Lebowitz on the socialist alternative and real human development
Prof. Michael Lebowitz on the socialist alternative from Dangerous Minds at Vimeo.
August 30, 2010 -- Michael Lebowitz is a Canadian Marxist economist. He is the director of the “Transformative practice and human development” program at the Venezuela-based left-wing think tank, the Centro Internacional Miranda. He is professor emeritus of economics at Simon Fraser University and author of Build it Now: 21st Century Socialism and the 2004 Isaac Deutscher-prize winning Beyond Capital: Marx's Political Economy of the Working Class. His latest book is The Socialist Alternative: Real Human Development.