http://wsws.org/articles/2010/jul2010/econ-j29.shtml
The “new normal”: More than one in five Americans at risk of
destitution
By Barry Grey
29 July 2010
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http://wsws.org/articles/2010/jul2010/econ-j29.shtml
The “new normal”: More than one in five Americans at risk of
destitution
By Barry Grey
29 July 2010
[Read more →]
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Anglo-American Political Philosophy 101
The Poor Must Die
By CHRIS FLOYD
News from Blighty: the disparity in death rates between the well-off and the poor in the UK is now greater than at any time since 1921. The London Review of Books points to a new study by the British Medical Journal that shows that by 2007, “for every 100 people under the age of 65 dying in the best-off areas, 199 were dying in the poorest tenth of areas.”
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Why were resources expunged from neo-classical economics?
Update: Read Martin Wolf’s conclusions on the debate
Something strange happened to economics about a century ago. In moving from
classical to neo-classical economics — the dominant academic school today —
economists expunged land — or natural resources. Neo-classical value theory —
based on marginalism and subjective valuation — still makes a great deal of
sense. Expunging natural resources from the way economists think about the world
does not.
In classical economics, land, labour and capital were the three factors of
production. With neo-classical economics, the standard production function had
just two factors of production: capital and labour. Land — by which we mean the
totality of natural resources — was then incorporated into capital.
http://blogs.ft.com/martin-wolf-exchange/2010/07/12/why-were-resources-expunged-from-neo-classical-economics/#more-456
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by Darwin BondGraham
No medium of propaganda is as powerful and effective as film.
Think of the classics, the most notorious efforts to sway the
public with the electrifying and collective passion of cinema:
racial apartheid was justified in the US with Birth of a Nation.
The Soviets glorified their revolution with The Battleship
Potemkin. Then there was Triumph of the Will.
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http://www.salon.com/books/nonfiction/index.html?story=/books/feature/2010/07/20/fur_fortune_and_empire_eric_jay_dolin
Tuesday, Jul 20, 2010 09:15 ET
“Fur, Fortune, and Empire”: How the fur trade shaped America
Animal pelts helped create our nation — and spawn a global power
struggle. A fascinating new book explains how
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http://www.bloomberg.com/news/2010-07-13/-capitalism-not-so-sacred-to-americans-as-downturn-sours-mood-polls-show.html
`Capitalism’ Not So Sacred to Americans as Mood Sours
By Mark Drajem – Jul 13, 2010
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mxmail
http://www.politicalaffairs.net/article/articleview/9472/
The Political Activism of Karl Marx
By Bob Patenaude
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http://mrzine.monthlyreview.org/2010/greene130710.html
Throwing Down the Gauntlet: A Review of Michael Lebowitz’s Socialist
Alternative
by Douglas W. Greene
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NY Times Sunday Book Review July 11, 2010
Hayek: The Back Story
By JENNIFER SCHUESSLER
http://www.marxmail.org/msg79706.html
Last month, a funny thing happened on the way to the best-seller list. A
66-year-old treatise by a long-dead Austrian-born economist began flying
off the shelves, following an hourlong endorsement from a right-wing
television host better known for pumping political thrillers than for
rocking political theory.
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