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Submitted by mute on Wednesday, 9 July, 2008 - 21:38
Brian Marks Brian Marks seems to have rewritten George Caffentzis' 1980 'The Work/Energy Crisis & The Apocalypse' essay for our turbulent times, adding in a dose of fictitious capital a la David Harvey. But was/ is this analysis of (energy/capitalist) crisis accurate? In particular the idea that the crisis imposes intensified looting (of workers) through inflation, transfering value back up to subject: AntiCapitalist | Fictitious Capital | Financial Crisis | Labour Struggles | Marxist
OpenPublishing |
Submitted by unterschreber on Tuesday, 24 June, 2008 - 20:50
Michael Hudson Short article from Bahrain weekly 'The Gulf' in which the author of 'Super Imperialism' and 'Global Fracture' makes what is hardly the 'modest proposal' he pretends it is, and perhaps also gives a clue as to what he thought he was doing as 'economic adviser' to Denis Kucinich's presidential run. Hudson proposes that an unspecified bloc of 'Middle Eastern' state-capital should try to settle the dollar-standard blackmail once and for all by offering to buy the US out of the military infrastructure (i.e. subject: Credit | Debt | Economics | Energy Resources | Fictitious Capital | Finance & Trade | Financial Crisis | Globalisation | History | Liquidity | Middle East | Money | Oil | State | Strategy | War
OpenPublishing |
Submitted by unterschreber on Tuesday, 24 June, 2008 - 17:59
Jon Amsden / Jeffrey Fleishman / LA Times staff writers Thanks to Meltdown III stalwart Jon Amsden for finding and introducing this impressionistic but telling survey of what a dollar free-falling towards worthlessness ('Monopoly money', anyone?) means in terms of everyday survival in some parts of the world.
For those who may wish to take a break from the lofty abstractions of financial skullduggery and dollar decline, here's how it looks on the fishmarket floor and in other places where the dollar was once the basic currency of international trade but is now losing its former luster. subject: Business | Credit | Economics | Fictitious Capital | Finance & Trade | Financial Crisis | Globalisation | Liquidity | Mapping | Markets | Site-Specific | Strategy
OpenPublishing |
Submitted by Mavis on Wednesday, 23 April, 2008 - 15:10
Glen Ford re-posting from the [reclaim-spaces] list, originally in Black Agenda Report Tear Down the Ghetto: The Price is Wrong What the misanthropic Jenkins calls a "small mental adjustment" is By Glen Ford The final crisis of capitalism is no longer looming: it has arrived with subject: Economics | Epidemic | Fictitious Capital | Financial Crisis | Slums | War
OpenPublishing |
Submitted by unterschreber on Friday, 18 April, 2008 - 20:43
Loren Goldner / SaNoShin In-depth to say the least (it's 55 pages if you print it out) interview with marxist writer/activist and recent Mute collabor Loren Goldner by the South Korean SaNoShin group, covering the 20th century history of class struggle and present developments/future prospects. The Situation of Left Communism Today: Loren Goldner subject: Asia | Class | Communism | Fictitious Capital | History | Labour Struggles | Marxist | Nationalism
OpenPublishing |
Submitted by unterschreber on Wednesday, 16 April, 2008 - 21:19
Michael Hudson
subject: Banking | Class | Credit | Debt | Economics | Fictitious Capital | Financial Crisis | Government | Liquidity | Markets | Money | Policy
Editorial content |
Submitted by mute on Thursday, 10 April, 2008 - 17:02
James Heartfield
'Green capitalism': a new paradigm of sustainable production or a licence to shut down plants and print money? Basing this article on excerpts from his recent book, James Heartfield looks at the case of Enron, an influential pioneer in increasing profits by cutting output
subject: AntiCapitalist | Energy Resources | Environment | Fictitious Capital
Editorial content |
Submitted by Ben on Wednesday, 19 March, 2008 - 02:48
Gillian Tett Great to see the heads of mega banks fulminating against fiction and innuendo as a 'careless talk costs banks' ethos is pounded into their employees and rivals are threatened with retaliation for daring to speculate (ahem) on their illiquidity... a bit like the last season of The Wire, which is looking mighty prophetic in its articulation of the relations between lies, non-reproduction and the (more or less open) collapse of once 'great' institutions. subject: Biology | Epidemic | Fictitious Capital | Financial Crisis | Genetics
Editorial content |
Submitted by mute on Monday, 31 December, 2007 - 15:46
Mute Events THREE TALKS BY LOREN GOLDNER New York-based Marxist Loren Goldner is giving a series of talks in London this month, hosted by Mute magazine [http://metamute.org] subject: Credit | Debt | Events | Fictitious Capital | Finance & Trade | Financial Crisis | History | Literature
Editorial content |
Submitted by mute on Monday, 3 September, 2007 - 09:36
Panic in the credit markets! Sub-prime crash!
subject: Art | Credit | Debt | Fictitious Capital | Financial Crisis | Marxist | Poetry
OpenPublishing |
Submitted by davem on Sunday, 12 August, 2007 - 10:26
subject: AntiCapitalist | Artivism | Comics | Debt | Eurozone | Fictitious Capital | Financial Crisis | Gentrification | Markets | Money | Socially Engaged
OpenPublishing |
Submitted by unterschreber on Wednesday, 27 June, 2007 - 19:20
FT editorial Yesterday's Financial Times editorial picks up the Bank of International Settlements' warning of systemic financial crisis and upgrades it to "huge crisis". Of course the prescribed course of action is some timely therapeutic bleeding of the working class - "a bit of economic pain", to be administered by central banks through monetary policy. Less orthodox is the admission that "we" - i.e. subject: Banking | Debt | Economics | Editorials | Fictitious Capital | Finance & Trade | Financial Crisis | Money
OpenPublishing |
Submitted by mute on Tuesday, 26 June, 2007 - 11:59
subject: Art | Debt | Fictitious Capital | War
OpenPublishing |
Submitted by unterschreber on Friday, 4 May, 2007 - 00:28
Henry C K Liu A pertinent reminder that the so-called 'housing bubble' isn't just a matter of subprime foreclosures and repossessions: the buyers of the 'financial products' through which mortgage debt is abstracted and redivided at the outer limits of algorithmic calculation are none other than private pension funds, so that capital's 'no alternative' answer to the pseudo-problem of the 'demographic bomb' may yet manage to create a real 'pensions crisis' where none need have existed Why the subprime bust will spread By Henry C K Liu subject: Banking | Business | Chaos | Fictitious Capital | Financial Crisis | Government | History | Money | Neoliberal | Policy | Precarity | Psychology
OpenPublishing |
Submitted by matthew hyland on Thursday, 15 March, 2007 - 13:14
Chris Laird Further to the dominant theme of the last couple of weeks... subject: Asia | Banking | Chaos | Economics | Fictitious Capital | Finance & Trade | Financial Crisis | History | Markets | Money | N. America
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