By Bill McColloch From the abstract: The present paper seeks to locate the Bhaduri-Marglin (B-M) model as an historical outcome of the Left’s internal disputes over the prospects for social democracy. In better contextualizing the B-M model as a historical response to the perceived political economic failings of the social compromises upon which the growth… More New PERI Working Paper: Co-Operative Capitalism, Acolytes and Apostates
From Monthly Review Press Out of early twentieth-century Russia came the world’s first significant effort to build a modern revolutionary society. According to Marxist economist Samir Amin, the great upheaval that once produced the Soviet Union also produced a movement away from capitalism—a long transition that continues today. In seven concise, provocative chapters, Amin deftly… More New Book by Samir Amin: Russia and the Long Transition from Capitalism to Socialism
The 3rd episode of the Binzagr Institute For Sustainable Prosperity Vlog series is now online “Jobs, Money, Debt: Economic Common Sense.” In this episode, Mathew Forstater, Research Director at the Binzagr Institute for Sustainable Prosperity, explains the painful implications of the pro austerity deficit hawks approach to public policy and contrasts it with the functional… More Jobs, Money, Debt: Economic Common Sense (Episode 3: Functional Finance)
Mark Klinedinst has written a piece on the big fight against one of the largest utilities in the country, the Southern Company, to save poor people from having to spend billions on a boondoggle. The paper can be found here https://mpra.ub.uni-muenchen.de/62214/ (Corporate Walkover in Progress: The Case of the Southern Company’s “Clean Coal” Plant in… More Mark Klinedinst on Southern Company’s “Clean Coal” Plant in Mississippi
A new ruling will enable temporary and permanent employees to come together to negotiate with their bosses in mixed bargaining units. The National Labor Relations Board on Monday overturned a Bush-era standard that said a union could only organize a bargaining unit of jointly employed and regular employees if both employers consented—even if those employees worked together closely. “Jointly employed”… More In Historic NLRB Ruling, Temps Win the Right To Join Unions
To whomever it may concern! We, the subscribers to this letter, are concerned about the future of the Georg Lukacs Archive (GLA) in Budapest. Given the difficulties the GLA faces due to the current political situation in Hungary, we believe that a secured continuation of the work of the GLA can only be based upon… More SAVE THE GEORG LUKACS ARCHIVE!
By John Weeks, originally posted here Labour Party Rebellion of 2016 Cross-country political comparisons mislead by creating an illusion of insight. The attempt to compare Bernie Sanders and Jeremy Corbyn provides a clear example. While both rose to prominence through a wave of popular rebellion, the political context and constraints each faces are substantially different.… More John Weeks on the Corbyn Phenomenon
By David Kotz, This article was originally posted on Common Dreams The recent vote in favor of Brexit is only the latest case of failed conventional wisdom. The often predicted political demise of the crude and narcissistic nationalist, Donald Trump, has so far refused to happen. All the wise voices assured us that the voters… More David Kotz on Conventional Wisdom
By Andy Battle Dear Adjuncts, Part-timers and other Exploited Faculty: I write to you because we are in a special time. Your union has just presented you with a contract that has the power to shape… Source: A Message to Adjuncts, Part-timers and other Exploited Faculty on the Occasion of the Proposed Contract
The Steering Committee of the Union for Radical Political Economics (URPE) is pleased to announce that the 2016-17 URPE Dissertation Fellow is Robin K. Chang, Ph.D. candidate, Department of Political Science, York University, Toronto, ON. Mr. Chang is awarded this Fellowship and $5,000 (USD) in support of his dissertation “A Marxian Explanation for the Fast… More Congratulations to Robin K. Chang!