Video: June 23 NYC Meeting in Series on “Confronting Capitalism’s Economic Crisis”

Posted: July 3rd, 2009 | Author: A | Filed under: Economic Crisis, Events, News, Organization | Tags: , , , , , , | 5 Comments »

Here is a video of the first meeting in the on-going series. It includes talks by Andrew Kliman: “The economic crisis and left responses,” and by Anne Jaclard: “A new organization for a time of crisis,” and discussion with the audience.

Check out information for rest of the seminars in this series. Andrew Kliman’s charts for the presentation in this movie are posted below the jump for reference.


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About New York

Posted: May 22nd, 2009 | Author: Anne Jaclard | Filed under: Economic Crisis, News | Tags: , , , , , , , | No Comments »

ABOUT NEW YORK

May Day 2009: Immigrants, Jobs and Politics in a Time of Economic Crisis; Haitians
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April Unemployment & Employment Stats: “less disastrous than before”

Posted: May 8th, 2009 | Author: Andrew Kliman | Filed under: Economic Crisis, Economics, News | Tags: , , , , | 1 Comment »

Is the worst over?

A couple of hours ago, the U.S. Bureau of Labor Statistics reported that the number of nonfarm payroll jobs fell in April by an estimated 539 thousand, and that the unemployment rate increased to an estimated 8.9%, from 8.5% in March.  Read the rest of this entry »


Fictitious Capital and Credit Schemes

Posted: May 6th, 2009 | Author: Guest Author | Filed under: Economic Crisis, Events | Tags: , , , | No Comments »

The following is a talk given by Michael Egoavil at the Left Forum 2009 panel “Marx’s ‘Capital’ and the Economic Crisis”. Michael can be reached at michaelegoavil@gmail.com.

Today I’m going to be discussing Marx’s theory of fictitious capital and its relation to real capital accumulation. Along the way I’m going to focus on Marx’s seldom-read analysis of a French bank known as the Credit Mobilier, in which this theory played a fundamental role. I’ll conclude with some thoughts on how this relates to socialist politics today.

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How (Not) to Respond to the Economic Crisis

Posted: May 5th, 2009 | Author: Andrew Kliman | Filed under: Economic Crisis | Tags: , , , | 1 Comment »

Working people need to mobilize in order to protect themselves during the economic crisis.  But winning concessions from the government is not a solution to the crisis or pathway to a new boom.  Consider the notion that the crisis is due to an upward redistribution of income that supposedly has depressed demand.  This doesn’t hold water, and it’s dangerous as well. Read the rest of this entry »