Category: Guest Posts

Competition, Monopoly, and Exploitation under Capitalism

While signing an executive order to expand competition and crack down on monopolistic practices, Joe Biden said that “capitalism without competition isn’t capitalism. It’s exploitation.” His statement reflects a long-standing assumption among both classical and more left-leaning economists alike that increasing monopolization is the source of increasing exploitation under capitalism. What do they get wrong? Economist Michael Roberts explains.

“They Just Don’t Care”: Environmental Racism and Detroit

The Boynton neighborhood, where activist Emma Lockridge resides, is located within Detroit 48217, known as Michigan’s most polluted zip code. For the past eight years, Emma and her community have been fighting to force Marathon Petroleum to buy out their homes.

An illustration of a line from a chart that goes up at the end, an illustrated hand is drawing it.

Inflation, Interest Rates, and Debt

Accelerating inflation may be an issue right now in the U.S. and other recovering capitalist economies. But for capitalism, profitability is the real benchmark and that can be hit by wage rises on the one hand and interest rises on the other.

Protesters marching on Canada Day. A sign has the Canadian colors and says "No Pride in Genocide."

Canadians Rise Up Against the Country’s History of Genocide

In recent weeks, as the horrors perpetrated in the Canadian governments residential schools have been crystalized by the discovery of a series of mass graves of Indigenous children killed in the system, the country has erupted in a spate of Catholic churches burnt, church buildings covered by graffiti, and statues of those whose responsible for the murders toppled.

Thousands March in Cancel Canada Day Actions

While there had been anti-Canada Day marches in the past, this year’s especially large turnout was spurred in part by the discovery of over 1,100 bodies at former residential schools over the past few months.

Left Populism Is a Dead End

Marina Prentoulis’s new book is intended to show left populism in a favorable light. Her examples, however, actually serve as a warning of what awaits the working class when parties influenced by left populism come to power.

Competition, Monopoly, and Exploitation under Capitalism

While signing an executive order to expand competition and crack down on monopolistic practices, Joe Biden said that “capitalism without competition isn’t capitalism. It’s exploitation.” His statement reflects a long-standing assumption among both classical and more left-leaning economists alike that increasing monopolization is the source of increasing exploitation under capitalism. What do they get wrong? Economist Michael Roberts explains.

“They Just Don’t Care”: Environmental Racism and Detroit

The Boynton neighborhood, where activist Emma Lockridge resides, is located within Detroit 48217, known as Michigan’s most polluted zip code. For the past eight years, Emma and her community have been fighting to force Marathon Petroleum to buy out their homes.

An illustration of a line from a chart that goes up at the end, an illustrated hand is drawing it.

Inflation, Interest Rates, and Debt

Accelerating inflation may be an issue right now in the U.S. and other recovering capitalist economies. But for capitalism, profitability is the real benchmark and that can be hit by wage rises on the one hand and interest rises on the other.

Protesters marching on Canada Day. A sign has the Canadian colors and says "No Pride in Genocide."

Canadians Rise Up Against the Country’s History of Genocide

In recent weeks, as the horrors perpetrated in the Canadian governments residential schools have been crystalized by the discovery of a series of mass graves of Indigenous children killed in the system, the country has erupted in a spate of Catholic churches burnt, church buildings covered by graffiti, and statues of those whose responsible for the murders toppled.

Thousands March in Cancel Canada Day Actions

While there had been anti-Canada Day marches in the past, this year’s especially large turnout was spurred in part by the discovery of over 1,100 bodies at former residential schools over the past few months.

Left Populism Is a Dead End

Marina Prentoulis’s new book is intended to show left populism in a favorable light. Her examples, however, actually serve as a warning of what awaits the working class when parties influenced by left populism come to power.