Book picks similar to
Value: The Representation of Labour in Capitalism by Diane Elson
marxism
economics
political-economy
non-fiction
Wall Street: How It Works and for Whom
Doug Henwood - 1997
The Wall Street which emerges is not a pretty sight. Hidden from public view, the markets are poorly regulated, badly managed, chronically myopic and often corrupt. And though, as Henwood reveals, their activity contributes almost nothing to the real economy where goods are made and jobs created, they nevertheless wield enormous power. With over a trillion dollars a day crossing the wires between the world's banks, Wall Street and its sister financial centers don't just influence government, effectively they are the government.
If They Come in the Morning: Voices of Resistance
Angela Y. Davis - 1971
This book is also perhaps the most comprehensive and thorough analysis of that increasingly important symbol — the political prisoner. Of her trial, Miss Davis writes, "I am charged with three capital offenses — murder, kidnapping, and conspiracy. My life is at stake in this case — not simply the life of a lone individual, but a life which has been given over to the struggles of my people, a life which belongs to Black people who are tired of poverty, and racism, of the unjust imprisonment of tens of thousands of our brothers and sisters.""I stand before this court," she declares, "as a target of a political frame-up which, far from pointing to my culpability, implicates the State of California as an agent of political repression....I declare publicly before the court, before the people of this country, that I am innocent of all charges which have been leveled against me by the State of California."On the central theme of this book Miss Davis contends that "the offense of the political prisoner in his political boldness, his consistent challenges — legally or extra-legally — of fundamental social wrongs fostered and reinforced by the state. He has opposed unjust laws and exploitative, racist social conditions in general, with the ultimate aim of transforming these laws and the society into an order harmonious with the material and spiritual need and interests of the vast majority of its members."Regarding his own defense, Ruchell Magee, the only prisoner who survived the same revolt and one of the many impressive contributors in this invaluable volume which includes George Jackson, Fleeta Drumgo, John Clutchette, James Baldwin, Bobby Seale and Ericka Huggins, states, "For over seven years I have been forced to stay in slavery on fraudulent pleas of guilty, made by attorneys, court-appointed attorneys, over my objection, over my plea of not guilty, and over my testimony of not guilty."
Like A Thief In Broad Daylight: Power in the Era of Post-Humanity
Slavoj Žižek - 2018
In this extraordinary new book, renowned philosopher Slavoj Zizek turns to look at the brave new world of Big Tech, revealing how, with each new wave of innovation, we find ourselves moving closer and closer to a bizarrely literal realisation of Marx's prediction that 'all that is solid melts into air.' With the automation of work, the virtualisation of money, the dissipation of class communities and the rise of immaterial, intellectual labour, the global capitalist edifice is beginning to crumble, more quickly than ever before-and it is now on the verge of vanishing entirely.But what will come next? Against a backdrop of constant socio-technological upheaval, how could any kind of authentic change take place? In such a context, Zizek argues, there can be no great social triumph - because lasting revolution has already come into the scene, like a thief in broad daylight, stealing into sight right before our very eyes. What we must do now is wake up and see it.Urgent as ever, Like a Thief in Broad Daylight illuminates the new dangers as well as the radical possibilities thrown up by today's technological and scientific advances, and their electrifying implications for us all.
Culture and Materialism
Raymond Williams - 2006
Aside from his more directly theoretical texts, however, case-studies of theatrical naturalism, the Bloomsbury group, advertising, science fiction, and the Welsh novel are also included as illustrations of the method at work. Finally, Williams’s identity as an active socialist, rather than simply an academic, is captured by two unambiguously political pieces on the past, present and future of Marxism.
Adam's Fallacy: A Guide to Economic Theology
Duncan K. Foley - 2006
Like Robert Heilbroner's The Worldly Philosophers, it attempts to explain the core ideas of the great economists, beginning with Adam Smith and ending with Joseph Schumpeter. In between are chapters on Thomas Malthus, David Ricardo, Karl Marx, the marginalists, John Maynard Keynes, Friedrich Hayek and Thorstein Veblen. The title expresses Duncan Foley's belief that economics at its most abstract and interesting level is a speculative philosophical discourse, not a deductive or inductive science. Adam's fallacy is the attempt to separate the economic sphere of life, in which the pursuit of self-interest is led by the invisible hand of the market to a socially beneficial outcome, from the rest of social life, in which the pursuit of self-interest is morally problematic and has to be weighed against other ends.
The Theory of Capitalist Development
Paul M. Sweezy - 1942
Written by an economist who was a master of modern academic theory as well as Marxist literature, it has been recognized as the ideal textbook in its subject. Comprehensive, lucid, authoritative, it has not been challenged or even approached by any later study.
Liberalism at Large: The World According to the Economist
Alexander Zevin - 2015
Since 1843, the Economist has been the single most devoted and influential champion of liberalism anywhere in the world. But what exactly is liberalism, and how has the liberal message evolved? Liberalism at Large presents a history of liberalism on the move, confronting the challenges that classical doctrine left unresolved: the rise of democracy, the expansion of empire, the ascendancy of finance. Today, neither economic crisis at home, nor permanent warfare abroad, has dimmed the Economist's belief in unfettered markets, limited government and a free hand for the West. Confidante to the powerful, emissary for the financial sector, portal onto international affairs, the bestselling news weekly shapes the world its readers--and the rest of us--inhabit. This is the first critical biography of one of the architects of a liberal world order now under increasing strain.
Anarchism: A Collection of Revolutionary Writings
Pyotr Kropotkin - 1927
An invaluable addition to the libraries of instructors, students, and anyone interested in history, government, and anarchist thought.
Capitalism in America: A History
Alan Greenspan - 2018
To the extent possible, he has made a science of understanding how the US economy works almost as a living organism--how it grows and changes, surges and stalls. He has made a particular study of the question of productivity growth, at the heart of which is the riddle of innovation. Where does innovation come from, and how does it spread through a society? And why do some eras see the fruits of innovation spread more democratically, and others, including our own, see the opposite?In Capitalism in America, Greenspan distills a lifetime of grappling with these questions into a thrilling and profound master reckoning with the decisive drivers of the US economy over the course of its history. In partnership with the celebrated Economist journalist and historian Adrian Wooldridge, he unfolds a tale involving vast landscapes, titanic figures, triumphant breakthroughs, enlightenment ideals as well as terrible moral failings. Every crucial debate is here--from the role of slavery in the antebellum Southern economy to the real impact of FDR's New Deal to America's violent mood swings in its openness to global trade and its impact. But to read Capitalism in America is above all to be stirred deeply by the extraordinary productive energies unleashed by millions of ordinary Americans that have driven this country to unprecedented heights of power and prosperity. At heart, the authors argue, America's genius has been its unique tolerance for the effects of creative destruction, the ceaseless churn of the old giving way to the new, driven by new people and new ideas. Often messy and painful, creative destruction has also lifted almost all Americans to standards of living unimaginable to even the wealthiest citizens of the world a few generations past. A sense of justice and human decency demands that those who bear the brunt of the pain of change be protected, but America has always accepted more pain for more gain, and its vaunted rise cannot otherwise be understood, or its challenges faced, without recognizing this legacy. For now, in our time, productivity growth has stalled again, stirring up the populist furies. There's no better moment to apply the lessons of history to the most pressing question we face, that of whether the United States will preserve its preeminence, or see its leadership pass to other, inevitably less democratic powers.
Fossil Capital: The Rise of Steam Power and the Roots of Global Warming
Andreas Malm - 2015
How did we end up in this mess?In this masterful new history, Andreas Malm claims it all began in Britain with the rise of steam power. But why did manufacturers turn from traditional sources of power, notably water mills, to an engine fired by coal? Contrary to established views, steam offered neither cheaper nor more abundant energy—but rather superior control of subordinate labour. Animated by fossil fuels, capital could concentrate production at the most profitable sites and during the most convenient hours, as it continues to do today. Sweeping from nineteenth-century Manchester to the emissions explosion in China, from the original triumph of coal to the stalled shift to renewables, this study hones in on the burning heart of capital and demonstrates, in unprecedented depth, that turning down the heat will mean a radical overthrow of the current economic order.
The Global Minotaur: America, the True Origins of the Financial Crisis and the Future of the World Economy
Yanis Varoufakis - 2011
Rather, they are symptoms of a much deeper malaise which can be traced all the way back to the Great Crash of 1929, then on through to the 1970s: the time when a ‘Global Minotaur’ was born. Just as the Athenians maintained a steady flow of tributes to the Cretan beast, so the ‘rest of the world’ began sending incredible amounts of capital to America and Wall Street. Thus, the Global Minotaur became the ‘engine’ that pulled the world economy from the early 1980s to 2008.Today’s crisis in Europe, the heated debates about austerity versus further fiscal stimuli in the US, the clash between China’s authorities and the Obama administration on exchange rates are the inevitable symptoms of the weakening Minotaur; of a global ‘system’ which is now as unsustainable as it is imbalanced. Going beyond this, Varoufakis lays out the options available to us for reintroducing a modicum of reason into a highly irrational global economic order.An essential account of the socio-economic events and hidden histories that have shaped the world as we now know it.
How Europe Underdeveloped Africa
Walter Rodney - 1971
Power is the ultimate determinant in human society, being basic to the relations within any group and between groups. It implies the ability to defend one's interests and if necessary to impose one’s will by any means available. In relations between peoples, the question of power determines maneuverability in bargaining, the extent to which a people survive as a physical and cultural entity. When one society finds itself forced to relinquish power entirely to another society, that in itself is a form of underdevelopment.Before a bomb ended his life in the summer of 1980, Walter Rodney had created a powerful legacy. This pivotal work, How Europe Underdeveloped Africa, had already brought a new perspective to the question of underdevelopment in Africa. his Marxist analysis went far beyond the heretofore accepted approach in the study of Third World underdevelopment. How Europe Underdeveloped Africa is an excellent introductory study for the student who wishes to better understand the dynamics of Africa’s contemporary relations with the West.
Fear of Falling: The Inner Life of the Middle Class
Barbara Ehrenreich - 1989
A brilliant and insightful work that examines the insecurities of the middle class in an attempt to explain its turn to the right during the past two decades, "Fear of Falling" traces the myths about the middle class to their roots in the ambitions and anxieties that torment the group and that have led to its retreat from a responsible leadership role.
Patriarchy and Accumulation on a World Scale: Women in the International Division of Labour
Maria Mies - 1986
It gives a history of the related processes of colonization and "housewifization" and extends this analysis to the contemporary new international division of labor and the role that women have to play as the cheapest producers and consumers. First published in 1986, it was hailed as a major paradigm shift for feminist theory. Eleven years on, Maria Mies' theory of capitalist patriarchy has become even more relevant; this new edition includes a substantial new introduction in which she both applies her theory to the new globalized world and answers her critics.
The Devil and Commodity Fetishism in South America
Michael Taussig - 1980
The devil is a stunningly apt symbol of the alienation experienced by peasants as they enter the ranks of the proletariat, and it is largely in terms of that experience that I have cast my interpretation. The historical and ethnographic context lead me to ask: What is the relationship between the image of the devil and capitalist development? What contradictions in social experience does the fetish of the spirit of evil mediate? Is there a structure of connections between the redeeming power of the antichrist and the analytic power of Marxism?