Forever in Debt
Article on the stranglehold that debt has on working class communities, with some suggestions on resistance.
From Black Flag #220 (2001).
Lies, Damn Lies and Economics – Black Flag
Joan Robinson once said that the point of studying economics was to be able to work out when economists were lying. Being a left-wing Keynesian, she was immune to the usual ideological (if not religious) biases of mainstream economics. Her point is both correct, and usually ignored because economics has far more to do with ideology than facts, belief than science.
Capitalism's New Economy: The Booming Financial Sector
Submitted by Internationalis... on Jul 31 2019 13:42
Part three of this series was published in 2005, two years or so before the great financial crash when the economic pundits were lauding the move away from manufacture to 'business and financial services'.
Amazon: A new business model better able to manage the contradictions of the capitalist mode of production
An attempt to understand the functioning of one the world's most powerful companies using marxist categories - explaining how Amazon manages to combine the functions of productive, comercial and finance capital. The intention is, of course, to try to work out the implications for class strugle...
Cleaners beat the Bank of New York Mellon in just 30 hours
Submitted by R Totale on May 30 2018 17:57
Cleaners organising through the grassroots union United Voices of the World won the London Living Wage just 30 hours after declaring their intention to strike.
The Home Saving Bank robbery, 1915
Submitted by Steven. on Jul 23 2017 18:37
A short history of the robbery of a branch of the Home Saving Bank in Los Angeles in 1915 and its aftermath, by the Black Rose Anarchist Federation.
No Pravin, it was not progressive nor redistributive
Submitted by Malatesta Black on Feb 23 2017 13:58
This article looks at the South African state's budget for 2017. Far from being redistributive and progressive, as the South African Minister of Finance claimed, it was rather a regressive and outright neoliberal budget.
The Iceland women’s strike, 1975
Submitted by Steven. on Oct 24 2016 14:17
A short history of the strike, or day off, by 90% of women in Iceland for equality with men on 24 October, 1975, written by Steven Johns.
Revenge of a Citibank worker
Submitted by Steven. on Aug 1 2016 14:45
An IT worker with Citibank was jailed last week for deliberately downing 90% of the bank's network, following an unfavourable review with a manager.
The failures of atmospheric commodification
Are carbon markets just another wave of capitalist accumulation, or is there an inkling of hope that in commodifying the atmospheric commons we will stave off catastrophic climate change?
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