In November 1864, Karl Marx wrote a letter congratulating President Abraham Lincoln on his reelection to the White House. "From the commencement of the titanic American strife the workingmen of ...
No book has done more than Capital to explain the way the world works. Only a few centuries old, capitalism’s unprecedented mode of producing for human needs and generating wealth shapes present and ...
The following is an excerpt from A People’s Guide to Capitalism: An Introduction to Marxist Economics (Haymarket Books, August 2020). Competition is the beating heart of capitalism. Market competition ...
Excerpt and condensation of Chapter 6 from The Worldly Philosophers: The Lives, Times, and Ideas of the Great Economic Thinkers by Robert L. Heilbroner, 7th ed., 1999. Robert Heilbroner's The Worldly ...
In a recent essay in The Nation, Wendy Brown, a political theorist at the Institute for Advanced Study in Princeton, N.J., contends that Karl Marx’s Capital is unrivaled in its explanatory power ...
Author’s Note: The following is an abridged and edited passage from the first chapter of my Invisible Leviathan: Marx’s Law of Value in the Twilight of Capitalism, published by Haymarket Books in 2019 ...
In 1845, Karl Marx declared: “philosophers have only interpreted the world in various ways; the point is to change it”. Change it he did. Political movements representing masses of new industrial ...
KARL MARX, the founder of materialistic socialism, is recognized by economists as one of the three or four greatest minds who have contributed to the progress of economic science. What he did was to ...
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