Towards a critique of Hilferding's theory of money. Pod Znamenem Marksizma, 1926, no. 1-2, 245-67 p.
Hilferding or Marx?1
- 1. Позняков В. Гильфердинг или Маркс? (К критике теории денег Гильфердинга). - ПЗМ, 1926, No 1/2, с. 245-267. V.N. Poznjakov also wrote other articles and reviews in Under the Banner of Marxism from 1924 to 1929.
The sky is always darkest just before the dawn: class struggle in the US from the 2008 crash to the eve of the occupations movement - Loren Goldner
Loren Goldner discusses working class and capitalist responses to the crisis since 2008.
Since July of 2011, the mainstream media have been increasingly talking about a “double dip” “recession” in the United States But we can safely assert that for most working people, the “recession” has never ended, and is about to get worse.
This 1931 text by the Dutch anarchosyndicalist Christiaan Cornelissen, who in 1916 was a signatory of the pro-war Manifesto of the Sixteen, argues against the possibility of the direct implementation of communist policies after the revolution and for the persistence of money, “government”, police and prisons during a transitional period that will only gradually overcome the baneful legacy of capitalism, and calls upon the trade unions to cultivate a technocratic leadership cadre to direct high level strategic planning by financial-industrial socialist trusts, and thus prepare humanity and the economy for communism. We do not agree with this article but reproduce for reference.
Libertarian Communism and the Transitional Regime – Christiaan Cornelissen
Before outlining the basic features of a libertarian communist economy in the pages that follow, it is important to bring to the reader’s attention all the difficulties that will confront anyone who attempts such a labor.
Abstract labour and the economic categories of Marx1
Why do we need a general strike?
Two things are essential to the production of all goods; materials, such as machinery and land, and labour, or the effort of humans. In our society there are a number of ways to make a living.
In this book first published in 2008, Jaime Semprun and René Riesel examine the attempt by predominantly First World governments and NGOs to utilize the specter of an environmental apocalypse as an alibi to save “industrial civilization” by imposing a rationed form of “survival”, justified by a terroristic propaganda campaign based on fear, enforced by an expansion of the state’s coercive powers, and facilitated by the mass conformism and resignation that “industrial society” has induced in the population by creating an “anxiogenic environment” of “insecurity and generalized instability”; “[f]or the fears proclaimed by the experts … are in reality nothing but orders”.
Catastrophism, Disaster Management and Sustainable Submission – René Riesel and Jaime Semprun
“Even if liberty had entirely perished from the earth, such men would invent it. For them slavery has no satisfactions, no matter how well disguised.”
Étienne de la Boétie
Discourse on Voluntary Servitude
The apotheosis of money: the structural limits of capital valorization, casino capitalism and the global financial crisis - Robert Kurz
In this 1995 essay, Robert Kurz examines “fictitious capital”, “unproductive labor”, the “tertiary sector”, “State debt”, “speculative bubbles”, “derivatives”, and “globalization” in the context of the wave of bankruptcies, crashes and bailouts of the 80s and 90s; discusses Rosa Luxemburg’s crisis theory, Keynesianism, Aglietta’s “regulation theory”, and the “neo-liberal” offensive; and predicts a “devaluation shock” that will invalidate the bloated property claims of fictitious capital in a “monetary atomic explosion” heralding “the end of the history of the mode of production based on money”.
The Apotheosis of Money: The Structural Limits of Capital Valorization, Casino Capitalism and the Global Financial Crisis – Robert Kurz
1. Real Capital and Interest-Yielding Capital
The following remarks will examine the analysis of capitalism in Lyn Marcus' Dialectical Economics. The basic categories of Marcus' analysis (“negentropy,” “expanded reproduction”) permit him to identify economically irrational features of capitalist development that are amendable to radical reform. This reform involves markedly increased efficiency and productivity. For Marcus, this reform would greatly lessen the instability of capitalism, ameliorating crises. The reform leads to a capitalism without capitalists based on central planning.
Lyn Marcus is better known by his birth name, Lyndon LaRouche. His major work, Dialectical Economics though published in 1975 was basically completed about 1970.
The question about the measure of value in a paper-money currency caused and causes disagreements not only among bourgeois economists, but among Marxists as well.