MICHAEL A. LEBOWITZ How can we understand capitalism? Neoclassical economics, which is to say, mainstream economics, rarely uses the name. Rather, it talks about the “market system” or the free market, a system in which individual property owners (both those who own material resources and those who own merely their personal capacities) contract with each other in their … [Read more...] about The Atomism of Neoclassical Economics
by Reza Ghorashi Introduction Globalization is a complex, multifaceted, and correlated phenomenon that affects social, cultural, political, economic, and technological dimensions of human life. Since the dawn of modernity1 we have had several rounds of globalization. The process typically goes as follows: Major scientific breakthroughs give rise to technological … [Read more...] about Globalization or Universalism?
Martin Boksenbaum Wouldn't it be great to win the lottery and live like one of the rich and famous and powerful? At least that's something to aim for, isn't it, living the upscale life-styles the media flashes before our eyes? Whoa! Is somebody screwing with our brains? What exactly is the reality of our situations anyway? What do we need to be conscious of as … [Read more...] about Identity Crisis?
Alex Fischer "A new report from the United Nations" climate panel warns humanity has only a dozen years to mitigate global warming and limit the scope of global catastrophe. Otherwise, millions will be imperiled by increasing droughts, floods, fires and poverty. The sweeping report by the U.N. Intergovernmental Panel on Climate Change urges immediate and unprecedented … [Read more...] about Marx and Earth-First Socialism
Michael D. Yates Today, the world faces multiple crises. Foremost among them is an impending environmental catastrophe, marked by rapidly rising temperatures and sea levels, widespread extinction and diminution of species, poisoned air, contaminated and polluted water, including our oceans, the loss of soil elasticity, and worsening desertification. We are rapidly reaching a … [Read more...] about If Capitalism Must End, What Should Replace It?