Tag Archives: labor

Political Economy of Labor Repression in the United States

by Andrew Kolin* The task at hand is to place the political economy of repression within the contours of U.S. history and sketch in broad terms how, over time, repression is the product of dynamic and fixed relations between capital and … Continue reading

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Ten years after the 2007-2008 global financial crisis – the human toll in the financial services sector

by Gregor Gall* Ten years ago this summer, the first rumblings of the thunderclap of what would become the global storm of the great financial crisis of 2007-2008 were heard. The first rumble to be heard was of the panic … Continue reading

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Karl Marx on Free Time – Time for the Full Development of the Individual

To justify the upcoming three-week blogcation, I turned to Karl Marx: “The saving of labour time [is] equal to an increase of free time, i.e. time for the full development of the individual, which in turn reacts back upon the productive … Continue reading

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Unpaid Labor and the Neoliberal Myth of Meritocracy

Several months ago, a British columnist James Bloodworth published his first book The Myth of Meritocracy: Why Working-Class Kids Still Get Working Class Jobs. The main thesis of the book is precisely reflected in its title: it discusses the neoliberal false … Continue reading

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Why is there no labor party in the United States? Look at Canada to find out

In 1906, a German distinguished (somewhat neglected) economist and sociologist Werner Sombart published Why is there no Socialism in the United States? – a book which will become a famous work on American exceptionalism to this day (along with a pioneering and penetrative  Democracy in America, by Alexis de … Continue reading

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Capital as power and class struggle explained by… Adam Smith?!

In any given society, there is no freedom of contract between capitalist and worker, whose interests are essentially opposite. The power of a landlord, a manufacturer, a merchant resides in his wealth, explaining the inherent subjection of laborers, which lack almost any … Continue reading

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Gender Inequality in the Labour Market in the UK

While women’s engagement and outcomes in the labour market have progressed, the work they do and the remuneration they receive does not reflect personal qualifications relative to men. Why? Gender Inequality in the Labour Market in the UK  provides an extensive … Continue reading

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If wealth was the inevitable result of hard work and enterprise, every woman in Africa would be a millionaire

“If wealth was the inevitable result of hard work and enterprise, every woman in Africa would be a millionaire.” – George Monbiot (a British writer and activist), from “The 1% are the very best destroyers of wealth the world has ever seen.”

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From Socialism to Neoliberalism: the case of Central Eastern European countries

The transition from communism or socialism to capitalism has proved to be a rockier road than many in the West (think of Fukuyama as an example) anticipated. The degree and character of challenges that countries faced during the transition depended … Continue reading

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Karl Marx: “Capitalist production… disturbs the metabolic interaction between man and the earth.”

“Capitalist production… disturbs the metabolic interaction between man and the earth… All progress in capitalist agriculture is a progress in the art, not only of robbing the worker, but of robbing the soil; all progress in increasing the fertility of … Continue reading

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