Deindustrialization in the Granite State: monetary policy, financialization, & the loss of U.S. manufacturing jobs

By Marie Duggan. From Dollars&Sense: The central room is 65,000 square feet with a high ceiling. This room is noisy, with large machines emitting loud hums and whirrs. The machinists are dwarfed within the canyons between the rows of equipment. Many of the machines have plastic housings, so that each looks like a giant photocopier, … More Deindustrialization in the Granite State: monetary policy, financialization, & the loss of U.S. manufacturing jobs

New URPE Reader: Imperiled Economies 2018

Edited by Paul Cooney, Ann Davis, Julio Huato, Paddy Quick, Geoffrey Schneider, Ramaa Vasudevan, and Matias Vernengo Imperiled Economies consists of articles that introduce readers to current work in the field of radical political economics. The Union for Radical Political Economics (URPE) is an interdisciplinary membership organization of academics and of activists. Founded in 1968, … More New URPE Reader: Imperiled Economies 2018

Real World Micro & Macro 2017 Editions

Real World Micro (24th edition)  has just been published by Dollars & Sense.  The book is edited by Rob Larson, Alejandro Reuss, Bryan Snyder, Chris Sturr, and the D&S Collective .Standard microeconomics textbooks depict a tidy world of free markets producing the best outcomes for everyone. Real World Micro confronts neoclassical theory with a messier reality … More Real World Micro & Macro 2017 Editions

Reform or Revolution: European Social Democracy and the Roots of the Eurozone Crisis

Pt. 3 of “European Social Democracy and the Roots of the Eurozone Crisis;” see Part 1 here and Part 2 here. By Alejandro Reuss, A deep crisis of global capitalism, its seeds sown in part by a dramatic deregulation of finance, Wolfgang Münchau of the Financial Times notes, would seem tailor-made for a revival of … More Reform or Revolution: European Social Democracy and the Roots of the Eurozone Crisis

Globalization and the End of the Labor Aristocracy

By Jayati Ghosh, Twenty-first century imperialism has changed its form. In the 19th century and the first half of the 20th century, it was explicitly related to colonial control; in the second half of the 20th century it relied on a combination of geopolitical and economic control deriving also from the clear dominance of the … More Globalization and the End of the Labor Aristocracy