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[...] What originally appeared as a means to promote production becomes a relation alien to the producers. As the producers become more dependent on exchange, exchange appears to become more independent of them. Money is introduced as the servant of exchange but soon becomes its despotic master. Ad…

[...] we know from the analysis of the circulation of capital that a great deal of appropriation of value through predation occurs at the point of realisation. Increasing the minimum wage or creating a basic income will amount to naught if hedge funds buy up foreclosed houses and pharmaceutical pat…

[...] the most far-reaching and significant of Marx's assumptions concerns the unchallenged power of private property rights in both production and exchange. It is in this context that he also assumes perfect competition in the market place. He accepts Adam Smith's theory of 'the hidden hand' altho…

[...] But a life without stumbling is also unimaginable: perhaps to be in between two places, to be at home in neither, is the inevitable fallen state, almost as natural as being at home in the first place.

Almost. But not quite. When I left England eighteen years go, I didn't know then how stra…

What do writers do when they seriously notice the world? Perhaps they do nothing less than rescue the life of things from their death--from two deaths, one small and one large: from the 'death' which literary form always threatens to impose on life, and from actual death. Which is to say, they resc…