Activity

The futures of the Euro and the eurozone remain uncertain. Spain and Portugal have gained minimal stability only for Italy to wobble and Cypus enter a tailspin. No one knows how far the European crisis will spread: perhaps to old member Belgium or new member Slovenia, perhaps to the EU itself, enda…

[...] But we should recognize that the Soviet Union was not equivalent to socialism and thereby somehow directly analogous to capitalism. It was something more particular and of a different order.

This is so whether we treat capitalism as a set of practices that can be undertaken by capitalists …

Immanuel Wallerstein had been long (and very controversially) comparing communist states to factories seized by a labor union during a strike.' If the workers try to operate the factory themselves, they inevitably have to follow the rules of capitalist markets. The workers might get a better distri…

followed the eschatological vision of Karl Marx