"The modern ancien regime is rather merely the clown of a world order whose real heroes are dead." -- Karl Marx,  Contribution to...

 Accumulating disposable time by Alexis Moraitis For Marx, the same historical dynamic that produces ever-greater levels of human superfluit...

One hundred and fifty-eight years ago, Karl Marx wrote to Friedrich Engels to kvetch about the reviews of volume one of Capital . Marx enum...

Between 1857 and 1867 Karl Marx wrote four drafts of what would become the first volume of Das Kapital . The presumed third draft of volume ...

In The Theory of the Leisure Class , Thorstein Veblen coined a number of terms that have become terms of art: conspicuous consumption, consp...

Economic “growth” is a euphemism for the desired outcome of government and corporate policies to countermand chronic overproduction intrinsi...

I had a chat with Grok yesterday about the indictment of Letitia James. Grok's first two answers regurgitate convicted felon Sam Antar...

In a little under two months Every Pop-up Must Span a Gully became the all time third most viewed post on Econospeak, racking up nearly 15 ...

Every pop-up must span a gully. -- Duncan Birmingham  The gully I aim to span with my pop-ups is the imaginary separation between the inte...

...if the happiness of the whole, and not the luxuries of a few, is the proper subject for national congratulation. -- C. W. Dilke, Source a...

This is part 2 of a 3-part essay. Part 1 was  Fetters on the Development of the Productive Forces . Part 3 is  THE ACCUMULATION OF CAPITAL I...