Norbert Trenkle of the Krisis Group discusses the crisis of abstract labor in which “capitalism now only functions as a gigantic machine for exclusion and marginalization”, characterized by overaccumulation, the resort to fictitious capital in order to valorize capital and “the total diffusion of abstract labor throughout all of life”, resulting in “the brutalization of individual competition, the exacerbation of sexist and racist violence, the spread of nationalist and ethnic identity politics and the growth of religious sects and mafia gangs”, phenomena that “constitute extensions of the dominant, exclusionary and destructive effects of capitalist logic under crisis conditions”.
The Crisis of Abstract Labor Is the Crisis of Capitalism – Norbert Trenkle (Krisis Group) 1
An article by the French anarchosyndicalist Paul Delesalle in which the author points out some of the shortcomings of cooperatives from a revolutionary point of view.
On Cooperation – Paul Delesalle
There is nothing more simple than the fact that some individuals in today’s society have formed organizations to buy articles of consumption in common and then to distribute them to their members; but I do not see this as any reason to put very great hopes in this development.
In this concise1953 programmatic text presented at the Genoa Meeting of the International Communist Party, Amadeo Bordiga sets forth a series of theses outlining the perspectives for revolution in the post-war world, and emphasizes that it will have to take place in the West, because of its more advanced capitalism, rather than in the less developed capitalism of Russia, based on Marx’s theory of the increasing productivity of labor and the falling rate of profit, and refers to the absence of a “communist party in the U.S. [with] an integral revolutionary program”, despite the maturity of the objective conditions there, as a “major historical problem”.
The Anti-capitalist Revolution in the West – Amadeo Bordiga
An interview on the Spanish civil war and revolution conducted in 2001 with Abel Paz, former militant of the CNT, resistance fighter and the author of Durruti: The People Armed, in which he discusses, among other things, the collectives, the Moroccan question and technical innovation under self-management in industry under wartime conditions.
An Interview with Abel Paz – Miguel Riera, El Viejo Topo (2001)
Miguel Riera for El Viejo Topo (VT): Almost no one knows or believes that there was a revolution in Spain. Was there?
Keynesian economics claimed to have overcome the problem of economic depressions. However, as Mattick argues that crises are inherent within capitalism and that neither the market nor Keynesianism can stop "the steady deterioration of the economy". Written in 1974, Economic Crisis and Crisis Theory is one of Mattick's most valuable contributions to the Marxist critique of political economy and radical theory in general.
Taking a long view of the current economic crisis, eminent academic David Harvey explains how capitalism came to dominate the world and why it resulted in the current financial crisis.
For three centuries, the capitalist system has shaped western society, informed its rulers, and conditioned the lives of its people. Using his unrivalled knowledge of the subject, Harvey lays bare the follies of the international financial system, looking closely at the nature of capitalism, how it works and why sometimes it doesn't.
In 1972, three scientists from MIT created a computer model that analyzed global resource consumption and production.
Their results shocked the world and created stirring conversation about global 'overshoot, ' or resource use beyond the carrying capacity of the planet. Now, preeminent environmental scientists Donnella Meadows, Jorgen Randers, and Dennis Meadows have teamed up again to update and expand their original findings in The Limits to Growth: The 30 Year Global Update.