Paul Le Blanc – Today’s Struggle for a Green New Deal

Link to an article by Paul Le Blanc:

“Today’s Struggle for a Green New Deal: Lessons from the Freedom Budget of the 1960s”

Bonus links: “What the New Deal Can Teach us About Winning a Green New Deal: Part I” and “What the New Deal Can Teach Us About Winning a Green New Deal: Part III—the First New Deal” and “System Change, Class War, and the WW2 Economic Conversion Experience” and “When the FBI Targeted the Poor People’s Campaign”

Dick Bryan & Mike Rafferty – How Finance Exploits Us

Link to an interview with Dick Bryan & Mike Rafferty, conducted by Llewellyn Williams-Brooks:

“How Finance Exploits Us”


(Note: the first part of the interview is non-substantive background information about publishing this theory in book form, and the substantive discussion of the theory is toward the end).

See also: Michael Hudson, especially “From Marx to Goldman Sachs: The Fictions of Fictitious Capital”, and “We Have Nothing to Lose but Our Debts”, and The Debt Collective

Nicholas Freudenberg – The Capitalist Diet

Link to a review by Nicholas Freudenberg of Gerardo Otero’s book The Neoliberal Diet: Healthy Profits, Unhealthy People (2018):

“The Capitalist Diet: Energy-dense and Profitable”


Bonus link: “Nick Freudenberg on the Corporation the Individual and Public Health” – though his invocation of liberal pluralism along the lines of the FCC’s old “fairness doctrine” is subject to criticism and probably still isn’t sufficient.

Blair Fix, Jonathan Nitzan & Shimshon Bichler – Real GDP

Link to an article by Blair Fix, Jonathan Nitzan & Shimshon Bichler:

“Real GDP: The Flawed Metric at the Heart of Macroeconomics”

Real-World Economics Review, Issue 88, P. 51 (July 10, 2019)


Like everything in the Real-World Economics Review, this article really is an attack on the hegemony of neoclassical (i.e., anti-classical) economics.  The main points this article makes therefore tacitly draw from classical economics, such as the distinction between use value and exchange value that was explained by Karl Marx in Das Kapital.  Of course, these authors make no mention of Marx.  They also suggest energy units as one alternative to GDP, similar to a concept promoted by R. Buckminster Fuller three or four decades ago but no such precedents are acknowledged in the article.  They also normatively accept a “growth” model.  There is a degree of self-promotion in this article, and it only briefly explains the ideological battle driving their critique.  But the narrow technical points it makes are mostly sound.

See also “The GDP Illusion: Value Added versus Value Capture”