The Latest

US Political Dysfunction and Capitalism’s Withdrawal

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This article originally appeared at e-International Relations.

After 200 years of concentrating its centers in western Europe, north America, and Japan, capitalism is moving most of its centers elsewhere and especially to China, India, Brazil and so on. This movement poses immense problems of transition at both poles. The classic problems of early, rapid capitalist industrialization are obvious daily in the new centers. What we learn about early capitalism when we read Charles Dickens, Emile Zola, Maxim Gorky and Jack London, we see now again in the new centers.

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This article originally appeared at The Guardian.

US Politics' True Bipartisan Consensus: Capitalism is Untouchable

The economic aim of both major US political parties is, in the end, the same: to protect and reinforce the capitalist system.

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This article originally appeared at Truth-out.

Capitalism Works (or Not) for Me

Curators of New York City’s annual arts festival called us a couple of months ago. Would we be interested in having a public discussion with the artist, Steve Lambert, whose work was a major part of this year’s festival? The festival’s title is “Crossing the Line 2013,” and Lambert’s large neon-lighted installation (9 feet by 20 feet by 7 feet) says “Capitalism Works for Me.” Observers can respond by pressing either a “True” or “False” button.

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This article originally appeared at Truthout.

What GOP-Tea Party Risks With Block of New New Deal

Many Germans in the years before 1933 dismissed the little man with the mustache: He could never take power, let alone keep it. Tzarist Russia’s elites thought the small social democratic party posed little threat. Batista’s minions ridiculed the lawyer and his friends...

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This article originally appeared at The Guardian.

Recovery hype: American Capitalism's Weapon of Mass Distraction

From President Obama on down, defenders of the status quo insist that the US economy has "recovered" or "is recovering". Some actually see the world that way. They inhabit, imagine they inhabit, or plan to soon inhabit the world of the infamous top 1%. Others simply seek security in life by loyally repeating whatever that 1% is saying.

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This article originally appeared at The Guardian.

Organized Labor's Decline in the US Is Well-Known. But What Drove It?

Organized labor's decline in the US over the past half century is well-known; what drove that decline, less so. The New Deal's enemies – big business, Republicans, conservatives – had...

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This article originally appeared at The Guardian.

Detroit's Decline Is a Distinctively Capitalist Failure

A Catalan translation of this article is available at Espai Fàbrica.

Capitalism as a system ought to be judged by its failures as well as its successes.

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This article originally appeared at The Guardian.

How Capitalism's Great Relocation Pauperized America's 'Middle Class'

Detroit's struggle with bankruptcy might find some relief, or at least distraction, by presenting its desperate economic and social conditions as a tourist attraction. "Visit Detroit," today's advertisement might begin, "see your region's future here and now: the streets...

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