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The Deficit Myth: Modern Monetary Theory and the Birth of the People's Economy
Stephanie Kelton - 2020
Any ambitious proposal, however, inevitably runs into the buzz saw of how to find the money to pay for it, rooted in myths about deficits that are hobbling us as a country.Kelton busts through the myths that prevent us from taking action: that the federal government should budget like a household, that deficits will harm the next generation, crowd out private investment, and undermine long-term growth, and that entitlements are propelling us toward a grave fiscal crisis.MMT, as Kelton shows, shifts the terrain from narrow budgetary questions to one of broader economic and social benefits. With its important new ways of understanding money, taxes, and the critical role of deficit spending, MMT redefines how to responsibly use our resources so that we can maximize our potential as a society. MMT gives us the power to imagine a new politics and a new economy and move from a narrative of scarcity to one of opportunity.
Just and Unjust Wars: A Moral Argument With Historical Illustrations
Michael Walzer - 1976
He studies a variety of conflicts over the course of history, as well as the testimony of those who have been most directly involved--participants, decision makers, and victims. In his introduction to this new edition, Walzer specifically addresses the moral issues surrounding the war in and occupation of Iraq, reminding us once again that "the argument about war and justice is still a political and moral necessity."
Citizen and Subject: Contemporary Africa and the Legacy of Late Colonialism
Mahmood Mamdani - 1996
Many writers have understood colonial rule as either direct (French) or indirect (British), with a third variant--apartheid--as exceptional. This benign terminology, Mamdani shows, masks the fact that these were actually variants of a despotism. While direct rule denied rights to subjects on racial grounds, indirect rule incorporated them into a customary mode of rule, with state-appointed Native Authorities defining custom. By tapping authoritarian possibilities in culture, and by giving culture an authoritarian bent, indirect rule (decentralized despotism) set the pace for Africa; the French followed suit by changing from direct to indirect administration, while apartheid emerged relatively later. Apartheid, Mamdani shows, was actually the generic form of the colonial state in Africa. Through case studies of rural (Uganda) and urban (South Africa) resistance movements, we learn how these institutional features fragment resistance and how states tend to play off reform in one sector against repression in the other. Reforming a power that institutionally enforces tension between town and country, and between ethnicities, is the key challenge for anyone interested in democratic reform in Africa.
What's the Matter with Kansas? How Conservatives Won the Heart of America
Thomas Frank - 2004
. . the only way to understand why so many Americans have decided to vote against their own economic and political interests" (Molly Ivins)Hailed as "dazzlingly insightful and wonderfully sardonic" (Chicago Tribune), "very funny and very painful" (San Francisco Chronicle), and "in a different league from most political books" (The New York Observer), What's the Matter with Kansas? unravels the great political mystery of our day: Why do so many Americans vote against their economic and social interests? With his acclaimed wit and acuity, Thomas Frank answers the riddle by examining his home state, Kansas-a place once famous for its radicalism that now ranks among the nation's most eager participants in the culture wars. Charting what he calls the "thirty-year backlash"-the popular revolt against a supposedly liberal establishment-Frank reveals how conservatism, once a marker of class privilege, became the creed of millions of ordinary Americans.A brilliant analysis-and funny to boot-What's the Matter with Kansas? is a vivid portrait of an upside-down world where blue-collar patriots recite the Pledge while they strangle their life chances; where small farmers cast their votes for a Wall Street order that will eventually push them off their land; and where a group of frat boys, lawyers, and CEOs has managed to convince the country that it speaks on behalf of the People.
The Communist Necessity: Prolegomena to Any Future Radical Theory
J. Moufawad-Paul - 2014
We were more accurately a disorganized mob of enraged plebeians shaking our fists at a disciplined imperial army. Years ago we spoke of social movementism but now it only makes sense to drop the 'social' since this phase of confusion was incapable of understanding the social terrain. Disparate, unfocused, and divided movements lack a unified intentionality; they have proved themselves incapable of pursuing the necessity of communism." The Communist Necessity is a polemical interrogation of the practice of "social movementism" that has enjoyed a normative status at the centres of capitalism. Despite the fact that the name "communism" has been reclaimed by a variety of important intellectuals, J. Moufawad-Paul argues that, due to a failure to grapple with the concrete questions connected to historical moments of actually making revolution, movementist praxis remains hegemonic. More of a philosophical intervention than a historiography or political economy, The Communist Necessity engages in a quick and pointed manner with a variety of authors and tendencies including Alain Badiou, Jodi Dean, the Invisible Committee, Tikkun, Theorie Communiste, and others. Moufawad-Paul argues that a refusal to recognize contemporary revolutionary movements from the 1980s to the present, results in the reification of a capitalist "end of history" discourse within this movementist conceptualization of theory and practice.Originally written as a small essay on the left-wing blog MLM Mayhem, The Communist Necessity has been expanded into a pocket-sized treatise that sketches out the boundaries of the movementist terrain, as well as its contemporary ideologues, so as to raise questions that may be uncomfortable for those who are still devoted, particularly if they define themselves as marxist, to movementist praxis. Aware of his past affinity with social movementism, and some apprehension of the problem of communist orthodoxy, the author argues that the recognition of communism's necessity "requires a new return to the revolutionary communist theories and experiences won from history."
The Great Transformation: The Political and Economic Origins of Our Time
Karl Polanyi - 1944
His analysis explains not only the deficiencies of the self-regulating market, but the potentially dire social consequences of untempered market capitalism. New introductory material reveals the renewed importance of Polanyi's seminal analysis in an era of globalization and free trade.
The Clash of Fundamentalisms: Crusades, Jihads and Modernity
Tariq Ali - 2002
The inviolability of the American mainland, breached for the first time since 1812, led to extravagant proclamations by the pundits. It was a new world-historical turning point. The 21st century, once greeted triumphantly as marking the dawn of a worldwide neo-liberal civilization, suddenly became menaced. The choice presented from the White House and its supporters was to stand shoulder-to-shoulder against terrorism or be damned.Tariq Ali challenges these assumptions, arguing instead that what we have experienced is the return of History in a horrific form, with religious symbols playing a part on both sides: ‘Allah’s revenge,’ ‘God is on Our Side’ and ‘God Bless America.’ The visible violence of September 11 was the response to the invisible violence that has been inflicted on countries like Afghanistan, Pakistan, Iraq, Saudi Arabia, Egypt, Palestine and Chechnya. Some of this has been the direct responsibility of the United States and Russia. In this wide-ranging book that provides an explanation for both the rise of Islamic fundamentalism and new forms of Western colonialism, Tariq Ali argues that many of the values proclaimed by the Enlightenment retain their relevance, while portrayals of the American Empire as a new emancipatory project are misguided.
No Good Men Among the Living: America, the Taliban, and the War through Afghan Eyes
Anand Gopal - 2014
missteps: a Taliban commander, a U.S.-backed warlord, and a housewife trapped in the middle of the fighting. With its intimate accounts of life in small Afghan villages, and harrowing tales of crimes committed by Taliban leaders and American-supported provincial officials alike, No Good Men Among the Living lays bare the workings of America’s longest war and the truth behind its prolonged agony. A thoroughly original exposé of the conflict that is still being fought, it shows just how the American intervention went so desperately wrong.
Capitalism & Slavery
Eric Williams - 1944
Plantation owners, shipbuilders, and merchants connected with the slave trade accumulated vast fortunes that established banks and heavy industry in Europe and expanded the reach of capitalism worldwide.Eric Williams advanced these powerful ideas in Capitalism and Slavery, published in 1944. Years ahead of its time, his profound critique became the foundation for studies of imperialism and economic development.Binding an economic view of history with strong moral argument, Williams's study of the role of slavery in financing the Industrial Revolution refuted traditional ideas of economic and moral progress and firmly established the centrality of the African slave trade in European economic development. He also showed that mature industrial capitalism in turn helped destroy the slave system. Establishing the exploitation of commercial capitalism and its link to racial attitudes, Williams employed a historicist vision that set the tone for future studies.In a new introduction, Colin Palmer assesses the lasting impact of Williams's groundbreaking work and analyzes the heated scholarly debates it generated when it first appeared.
Capitalism and Freedom
Milton Friedman - 1962
The result is an accessible text that has sold well over half a million copies in English, has been translated into eighteen languages, and shows every sign of becoming more and more influential as time goes on.
Two Treatises of Government
John Locke - 1689
Laslett's standard edition of Two Treatises. First published in 1960, and based on an analysis of the whole body of Locke's publications, writings, and papers. The Introduction and text have been revised to incorporate references to recent scholarship since the second edition and the bibliography has been updated.
Amusing Ourselves to Death: Public Discourse in the Age of Show Business
Neil Postman - 1985
In this eloquent, persuasive book, Neil Postman alerts us to the real and present dangers of this state of affairs, and offers compelling suggestions as to how to withstand the media onslaught. Before we hand over politics, education, religion, and journalism to the show business demands of the television age, we must recognize the ways in which the media shape our lives and the ways we can, in turn, shape them to serve out highest goals.
Nations and Nationalism since 1780: Programme, Myth, Reality
Eric J. Hobsbawm - 1990
his incontrovertible excellence as an historian, and his authoritative and highly readable prose'. Recent events in Eastern Europe and the former Soviet republics have since reinforced the central importance of nationalism in the history of political evolution and upheaval. This second edition has been updated in the light of those events, with a final chapter addressing the impact of the dramatic changes that have taken place. It also includes additional maps to illustrate nationalities, languages and political divisions across Europe in the nineteenth and twentieth centuries.
Empire
Michael Hardt - 2000
It is, as Michael Hardt and Antonio Negri demonstrate in this bold work, the new political order of globalization. It is easy to recognize the contemporary economic, cultural, and legal transformations taking place across the globe but difficult to understand them. Hardt and Negri contend that they should be seen in line with our historical understanding of Empire as a universal order that accepts no boundaries or limits. Their book shows how this emerging Empire is fundamentally different from the imperialism of European dominance and capitalist expansion in previous eras. Rather, today's Empire draws on elements of U.S. constitutionalism, with its tradition of hybrid identities and expanding frontiers. Empire identifies a radical shift in concepts that form the philosophical basis of modern politics, concepts such as sovereignty, nation, and people. Hardt and Negri link this philosophical transformation to cultural and economic changes in postmodern society--to new forms of racism, new conceptions of identity and difference, new networks of communication and control, and new paths of migration. They also show how the power of transnational corporations and the increasing predominance of postindustrial forms of labor and production help to define the new imperial global order. More than analysis, Empire is also an unabashedly utopian work of political philosophy, a new Communist Manifesto. Looking beyond the regimes of exploitation and control that characterize today's world order, it seeks an alternative political paradigm--the basis for a truly democratic global society.
The Gift: The Form and Reason for Exchange in Archaic Societies
Marcel Mauss - 1923
The gift is a perfect example of what Mauss calls a total social phenomenon, since it involves legal, economic, moral, religious, aesthetic, and other dimensions. He sees the gift exchange as related to individuals and groups as much as to the objects themselves, and his analysis calls into question the social conventions and economic systems that had been taken for granted for so many years. In a modern translation, introduced by distinguished anthropologist Mary Douglas, The Gift is essential reading for students of social anthropology and sociology.