Tag: Economics

Review of Value and Crisis by Alfredo Saad-Filho

Link to a review by Fabian Van Onzen of the book Value and Crisis: Essays on Labour, Money and Contemporary Capitalism (2019) by Alfredo Saad-Filho:

Review of Value and Crisis

 

Bonus links: Review of Making Money and “How Decades of Neoliberalism Led to the Era of Right-Wing Populism” (this article reviews another book on the same topic but is rather questionably historicist, though it is absolutely correct to note that “all policies — whether statist or neoliberal — are normative”)

Intan Suwandi – Outsourcing Exploitation

Link to an article by Intan Suwandi:

“Outsourcing Exploitation: Global Labor-Value Chains”

The key seems to be that, at a minimum, contracting with outsourced suppliers on terms that are (objectively) unreasonable should force the large contracting party to bear responsibility for foreseeable problems.  Suwandi’s article nails the problem, though this article provides only a cursory explanation of why Global South suppliers would agree to such an arrangement, something that others have explained more fully:   Slavoj Žižek Quote About Domination, “Multiculturalism, or, the Cultural Logic of Multinational Capitalism”, Ruy Mauro Marini‘s “Brazilian ‘Interdependence’ and Imperialist Integration” (“sub-imperialism” involves peripheral economies collaborating actively with the imperialist expansion of core economies like the United States, assuming in that expansion the position of a key nation), “Malcolm Describes the Difference Between the ‘House Negro’ and the ‘Field Negro.’”.  See also The Fissured Workplace

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 link: “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 “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.

Rob Urie – Toward an Eco-Socialist Revolution

Link to an article by Rob Urie:

“Toward an Eco-Socialist Revolution”

 

There are many reasons to question the proffered solution here, which would be unpopular and prone to the all the problems that have historically accompanied peasant societies (rigid social hierarchies, etc.).  Still, this article thinks seriously about real issues and the necessary scope of solutions, and actually ventures to offer a solution.

Michael Hudson – Food Blackmail, the Washington Consensus and Freedom

Link to an interview of Michael Hudson summarizing his essential books Super Imperialism and Trade, Development and Foreign Debt, conducted by Bonnie Faulkner:

“Food Blackmail, the Washington Consensus and Freedom” and

“De-Dollarizing the American Financial Empire”

 

This interview provides an excellent summary of many of the main points of Hudson’s books.  For a latter-day treatment of a portion of these topics, see also The Global Minotaur and “Imperialism in a Coffee Cup.”