Activity

**What was the chain of events that helped facilitate the process of developing countries becoming beholden to institutions like the IMF and the
World Bank which dictated neoliberal policies—starting with the OPEC oil crisis of the early 1970s and the petrodollars that were produced by those count…

[....] The whole capitalist system is operated by market imperatives, the compulsions of competition, profit-maximization, and capital accumulation.

Why don't commerce or trade in goods constitute capitalism, as some might assume?

EMW: I make a distinction between market opportunities and…

[...] It appears increasingly obvious that the ecological systems on which life depends cannot endure the ravages of capitalism indefinitely. To be sure, we need to guard against seeing the crises we are living through as automatically auspicious moments for radicals - after the deluge, us. Crises …

[...] Neoliberalism depended on drawing women into wage work, often low-wage service jobs, as falling salaries meant that the "family wage" of a single (male) wage earner could no longer support a family. [...] feminism left behind the social justice dimension of its earlier agenda to focus on wome…

Consider just one example: LABOR IS A RESOURCE. Most contemporary economic theories, whether capitalist or socialist, treat labor as a natural resource or commodity, on a par with raw materials, and speak in the same terms of its cost and supply. What is hidden by the metaphor is the nature of the …