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[...] At a more fundamental level, we should clearly perceive the paradox of debt. The problem with the slogan 'You cannot spend more than you produce!' is that, taken universally, it is a tautological platitude, a fact and not a norm (of course humanity cannot consume more than it produces, like y…

Communism remains the horizon, the only horizon, from which one can not only judge but even adequately analyse what goes on today--a kind of immanent measure of what went wrong. That's why one should abandon the 'neo-Ricardian compromise between wage labour and productive capital against the powe…

[...] the crisis is not just the result of inadequate financial regulations, it expresses 'the intrinsic difficulty to make immaterial capital function like capital and cognitive capitalism to function like capitalism'. As such, this crisis signals the end of the 1990s project of the New Economy, t…

[...] From Marx on, the truly radical Left was never simply 'progressist'. It was always obsessed with the question: what is the price of progress? Marx was fascinated by capitalism, by the unheard-of productivity it unleashed; it was just that he insisted that this very success engenders antagonis…