debt

Capitalism’s Crisis of Stagnation and Austerity

secular_stagnation

As 2018 opens economic optimism is breaking out amongst the capitalist class. Leaving aside the vainglorious boasts of the current President of the United States that unemployment in the US has reached lows only last seen in the post-war boom, or that the New York stock market is now at all time record highs, more serious economic commentators are arguing that after a decade of misery (at least for 99% of the planet) the signs of recovery from the 2007-8 banking collapse are now behind us. If this sounds familiar it is because we have heard the same tale so many times.

Ten Years Since the Financial Crash: What Price Education?

Ever since the post-war principle of free education was abandoned in 1998 by Blair’s New Labour government, fees for higher education have risen steeply and expanded to include maintenance charges.

The Politics of Debt

This paper was presented to the CSE Scotland conference on The State, the Poll
Tax and Class Struggle held on 27th January 1990. It is very much the product
of discussions within the CSE Edinburgh group.

5,000 years of debt?

William Hogarth, "The Rake in a debtors' prison", from "The Rake's progress", 17

Aufheben's critical review of David Graeber's book Debt: The first 5,000 years.

Shays' rebellion, 1786

Soldiers opened fire on rebels

A short history of the "Shays' rebellion" in Massachusetts in the wake of the American Revolution, in which many poor farmers and war veterans attempt to shut down the state's courts in protest at the debt burden on veterans and high taxes on farmers.

Work isn't working - Matt Bolton

Article on the debt economy, and the demand for a social wage when work doesn't pay.

Debt in the banana republic

An exploration of the reasons for austerity in Queensland, Australia and a critique of those arguments that would reduce the cause to one of 'ideology'.

The university is a racket

Discussing conflicts of interest on my school's Board of Trustees and some forms that all non-profit institutions are required to keep on their premises and that you can request!

Circulation and the new university - Reclamations Journal

Circulation and the new university - Reclamations Journal

An analysis of the financialisation of American universities and their integration into the circuits of capital accumulation.