Pure Transformation or Persistent Deterioration? What Next Wisconsin? America? The World?

By Kristine Mattis And as it was in the beginning, so shall it be in the end That bullshit is bullshit, it just goes by different names … Paul Weller (The Jam)  Logo from ThinkProgress. We all know the old Albert Einstein adage that the definition of insanity is doing the same thing over and [...]

The Sopranos, Capitalism And Organized Crime

CLASSIC ESSAYS— Louis Proyect on The Sopranos “A philosopher produces ideas, a poet poems, a clergyman sermons, a professor compendia and so on. A criminal produces crimes. If we look a little closer at the connection between this latter branch of production and society as a whole, we shall rid ourselves of many prejudices. The [...]

Keynes, Capitalism, and the Crisis

John Bellamy Foster Interviewed by Brian Ashley, Co-Managing Editor of Amandla John Bellamy Foster is editor of Monthly Review, professor of sociology at the University of Oregon, and author (with Fred Magdoff) of The Great Financial Crisis: Causes and Consequences (Monthly Review Press, 2009). Amandla: As governments across the world spend trillions to help private capital survive the global [...]

Obama's Ersatz Capitalism / Josepth Stiglitz

When even the New York Times, the venerable “Gray Lady”, not known for radical leanings, speaks well to the left of Obama, we need to finally accept the fact that the man, brilliant and smooth rhetoric aside, is far too conservative to handle this crisis to the benefit of working people.    Original dateline: http://www.nytimes.com/2009/04/01/opinion/01stiglitz.html?pagewanted=1&th&emc=th [...]

The Whore Factor / By Matt Taibbi

The impostures get more blatant every day… December 2, 2008 3:33 PM Photo: Watson/AFP/Getty The choice of Hillary Clinton as Barack Obama’s Secretary of State is one of those mighty wind-generating news items that will keep pundits busy for days or even weeks; like a lot of campaign reporters, however, I’m suffering from Hillary fatigue [...]

Obama is Far from a Radical Reformer / By John R. MacArthur

“An early skeptic about the left-handed phenom from Chicago, I’ve never had any illusions about Obama’s commitment to left-wing “change.” Yet that’s exactly what pundits across the political spectrum say Obama is putting forth.”