capital reading group 2008-07-03 03:28:00

Walter Lippmann believed that the modern world was becoming too complex for the average voter to have an intelligent position--that the "omnicompetent citizen" was an unrealistic ideal. Marx argues that the lumpenproletariat, a class of people so disenfranchised by capitalism that they are not inclined to act in their own common class interest, wil […]

I watched the interview with professor Harvey and i was pleased to hear someone of his stature in life speak about the systematic breakdown of life for the poorer people of this world.David talked about utopia,well i suggest utopia in the system we live in today is a rich man's word. I am a true believer that this world was created for all to share in i […]

Awesome. I translated this into portuguese and posted it at the brazillian indymedia website. Hope you don't mind. http://www.midiaindependente.org/pt/blue/2010/01/462820.shtml?comment=on […]

Thank you for this inspiring essay,Professor.At last a realistic appraisal and ambitious program that doesn't seek to avoid the difficult questions,most crucially,in my opinion,the all-or-nothing aspect of the problem.Although utopian thinking is massively unpopular at present,this could be seen as a manifestation of a Capitalist ideology that wants its […]

Wow! Thank you Marx’s explanations concern Capitalism and how it leads to some people being winners and others being losers seem very relevant today and the current climate.....But are the capitalist winners or the immoral and gluttonous cause of so much suffering. […]

Solid speech, i wonder how much theoretical speculation could be developped from those arguments concerning the role of fixed capital, expecially the property markets. This kind of processes still have to be embedded in marxian theory of economic cycles properly. […]

I posted this on deLong blog but the comment has been repeatedly deleted. "Harvey is trying to understand if historical circumstances are likely to support rather than oppose to that kind of measures, and why. This doesn't mean He neglects a priori any attempt of deficit-spending, something that Robinson attached to Baran as She successfully unders […]

It.s nice to finally hear the President speak and not cringe like a soft tyranny. […]

Class warfare is alive within the USA but due to what I believe is one of the most effective propaganda systems in the world, the average USA citizen has been indoctrinated/brainwashed into believing that the way “things” are within the USA is correct, proper and as it should be. To think otherwise is to be un-American, non-patriotic and leaves one open to d […]

Ori said: "By the same token, what leverage does the proletariat have?" Assuming they learn to use their position, the proles as a class can simply take over work-places, effectively elbowing out the owners. But this also needs political power to back up that take-over legally. "Unfortunately, the western-world proletariat holds the values and […]