capitalism

Three (more) things they don’t tell you about capitalism

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Professor Ha-Joon Chang has two things in common with Karl Marx. Firstly he’s right in much of his economic analysis of the ills of capitalism and secondly his prescriptions of the solutions to these ills are lacking. Chang’s best-selling book 23 Things They Don’t Tell You About Capitalism is a timely and important addition to the most crucial debate of our age. I recommend it as both a good read and helpful resource. But I think his analysis missed out three final and far more crucial ‘things’ to his 23.

Economics – Feb 22

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•Let’s play fantasy economics. Things could really get better
•Re-imagining a world beyond capitalism and communism
•The End of Growth Wouldn’t Be the End of Capitalism
•Nationhood and the multitude: a new form of political subject?
•Nature and the economy: Marxism in an American labyrinth

What must be done to stop climate change?

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This background of overwhelming public concern helps situate the upcoming national demonstration in Washington, D.C., on February 17, against the building of the Keystone XL tar sands pipeline from Canada to Texas. If built, the pipeline will carry 800,000 barrels a day of highly-polluting tar sands oil, effectively dealing a death blow to hopes of preventing rampant climate change. The demonstration has added significance as activists attempt to draw a line in the sand and pose the first big litmus test for the second term of Barack Obama.

Market Monsters

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The monstrosity of capitalism gains new strength as political leaders fight for a return to growth by dissecting society. Though many nations are rising up against the monetary elite, most North Americans are still zombified.