The Significance of Marx’s Theory of Money

By Ramaa Vasudevan, Marx’s theory of money was integral to his analysis of capitalist dynamics. The rich potential of Marx’s analysis of money has, unfortunately, not received the attention it deserves both by political economists and by those who have been inspired by Marx’s political vision. One problem is that Marx has for a long … More The Significance of Marx’s Theory of Money

New Book: The Color of Money – Black Banks and the Racial Wealth Gap

By Mehrsa Baradaran. From Harvard University Press: When the Emancipation Proclamation was signed in 1863, the black community owned less than one percent of the United States’ total wealth. More than 150 years later, that number has barely budged. The Color of Money pursues the persistence of this racial wealth gap by focusing on the … More New Book: The Color of Money – Black Banks and the Racial Wealth Gap