On the Roots of the Current Economic Crisis and Some Proposed Solutions

by Andrew Kliman, Author of Reclaiming Marx’s “Capital“: A refutation of the myth of inconsistency

Some prominent radical economists and non-economists have denied that Marx’s theory of the tendential fall in the rate of profit helps to explain the current economic crisis. I want to begin by explaining why they dismiss this theory, and then argue, to the contrary, that the current crisis does have a lot to do with the tendential fall in the rate of profit as analyzed by Marx.
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April 6 talk: “The Relevance of Marxist-Humanism Today”

The Relevance of Marxist-Humanism Today: A Raya Dunayevskaya Centenary Forum

Presented by Marxist-Humanist Initiative

Tues. April 6, 7:00 – 9:00 p.m.

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Appeal to Aid Kenyan Women and Children

Editor’s note:  We received the following letter from a friend who is helping to establish the first-ever women’s hot-lines in Kenya and South Africa.  Read the rest of this entry »

Reply to Michel Husson on the character of the latest economic crisis

In late December, Michel Husson, a Marxist economist, published a critique of my study of U.S. corporations’ profitability. His critique, “Les Coûts Historiques d’Andrew Kliman,” appears on the website of the Nouveau Parti Anticapitaliste

I have just completed a response to him, entitled “Masters of Words: A reply to Michel Husson on the character of the latest economic crisis.”

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21st Century Capitalism: On Venezuela’s Nationalization of the Oil Industry

by Fernando Dachevsky, Grupo de Investigación de la Historia Económica Argentina (Argentine Economic History Research Group) – CEICS.

 Editor’s note:  In response to our request to publish some of their writings, we were sent the following article by the Argentine organization Razón y Revolución (Reason and Revolution). We enjoyed extensive discussions with some of its Marxist scholar-activists in December, when Andrew Kliman spoke at their Buenos Aires conference. This article appeared in their publication El Aromo, March/April 2007. Our translation is by Carlos Saracino.  Read the rest of this entry »

Showdown at the HM Corral

On Duménil and Lévy’s Cherry Picking of the Data

At last month’s Historical Materialism conference, Duménil denied that they cherry picked the data.  I replied. Then we showed what the facts of the matter are.

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