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[...] fear leads to the search for political alternatives of kinds not entertained before. The media refer to this as populism, but it is far more complicated than this slogan term suggests. For some the fear leads to multiple and irrational scapegoatings. For others, it leads to the willingness to…

They can also, in part or in whole, transfer their search for capital from the
production (and even the commercial) sphere, and concentrate on profits in the financial sector. Today we speak of such “financialization” as though it
were an invention of the 1970s. But it is actually a very long-sta…

In my view, for a historical system to be considered a capitalist system,
the dominant or deciding characteristic must be the persistent search for
the endless accumulation of capital—the accumulation of capital in order to
accumulate more capital. And for this characteristic to prevail, there…

Capitalism is not a physical location like royal palace or financial district to be sized by a revolutionary crowd or confronted through an idealistic demonstration. Nor is it merely a set of "sound" policies to be adopted and connected, as prescribed in the business editorials. It is an old ideolo…