Science and Its Philosophy From a Marxist Perspective
Marx’s first sentence in Capital Volume One is: “The wealth of those societies in which the capitalist mode of production prevails, presents itself as an “immense accumulation of commodities”, its unit being a single commodity.” (Moore and Aveling translation). So, from the beginning, Marx makes a distinction between wealth in societies and how it appears […]
The wealth of nations
One of my basic theses about modern capitalism is that since 2008, the major capitalist economies have been in what I call a Long Depression. In my book of 2016 of the same name, I distinguish between what economists call recessions or slumps in production, investment and employment; and depressions. Under the capitalist mode of […]
The three contradictions of the Long Depression