Tag Archives: capital

The Enigma of Capital and the Crises of Capitalism

Apparently, only a few book-length Marxist works were published until now grappling with the current crisis: John Bellamy Foster and Fred Magdoff’s The Great Financial Crisis: Causes and Consequences (2009), Chris Harman’s Zombie Capitalism: Global Crisis and the Relevance of … Continue reading

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Time for a Visible Hand: Lessons from the 2008 Financial Crisis

The financial crisis, which originated in developed country financial markets, has spread to developing countries and has turned into a global financial meltdown. Governments and Central Banks—though taking many and costly measures—seem powerless to stop the crisis. In light of … Continue reading

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The Global Political Economy of Israel

Over the past century, Israel has been transformed from an agricultural country, to a welfare-warfare state, to a globally integrated “market economy” characterised by great income disparities. What lies behind this transformation? Why the shift in emphasis from “war profits” … Continue reading

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