Capitalism can no longer afford freedom

Capitalism can no longer afford freedom

In his recent re-reading of [amazon asin=0140445684&text=Marx’s Capital], [amazon asin=1781681570&text=Fredric Jameson] identifies the inherent contradiction of the world market: that it is the very success of capitalism (higher productivity, and so forth) which produces unemployment (renders more and more workers useless), and thus that what should be a blessing (less hard labour required) becomes a… Continue reading Capitalism can no longer afford freedom

Capital is the Real of our lives

Capital is the Real of our lives

When we were fighting AIDS, hunger, water shortages, global warming, and so on, there always seemed to be time to reflect, to postpone decisions (recall how the main conclusion of the last meeting of world leaders in Bali, hailed as a success, was that they would meet again in two years to continue their talks …).… Continue reading Capital is the Real of our lives