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Tag Archives: socialism

‘Soviet Union: Socio-economic Type, Collapse and Lessons for the Future’, S.Mavroudeas, International Conference on Soviet Union

Presentation at the International Conference «Soviet Union: An Alternative of the Past, or a Strategic Project for the Future?», National Library of Russia, Plekhanov House, Association for Marxist Social Sciences, Rosa Luxemburg Foundation, 12-13/11/2021 https://www.academia.edu/61630009/Soviet_Union_Socio_economic_Type_Collapse_and_Lessons_for_the_Future https://www.researchgate.net/publication/356186393_SOVIET_UNION_SOCIO-ECONOMIC_TYPE_COLLAPSE_AND_LESSONS_FOR_THE_FUTURE...

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Utopian Socialism Brings About Toilet Paper Shortages Maybe In The Near Future

Utopian Socialism Brings About Toilet Paper Shortages Maybe In The Near Future  Yeah, to heck with “socialism” in any of its forms, even old varieties that Marx and Engels denounced, neologizing the label “utopian socialism” for its advocates, even as they made clear their respect for the intentions at least of their intentions, even as they did not provide an analysis of the historical dynamic of capitalism and the broader issues arising from...

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Leo Panitch and the Lessons from Socialist Defeats

A few weeks ago I bought the little book on top (a new edition of a previously published one, I think). Sadly not long after I learnt of Leo Panitch's untimely death (obit by Chibber here). The book tries to account for three recent defeats of the democratic socialist left in recent times, even though it was written before the ultimate defeat of Bernie Sanders by the establishment candidate earlier this year. He and his co-authors discuss the rise of democratic socialism, and the...

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World War II, not the New Deal, is the model for COVID-19 macroeconomic policies

Central planning (Socialism?) in democratic societies There is a lot being written on the causes and cures for the economic consequences of the Coronavirus (COVID-19). The predictable distinction is among those that think that this is essentially a demand shock, mostly to services, and those that are concerned with the disruption to supply chains. And to some extent both are correct. But that is not the more relevant problem here, which is whether we need just more government or a...

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Why Keynes was a socialist

In an important new book Keynes Against Capitalism: His Economic Case for Liberal Socialism (Routledge, 2019) James Crotty argues that Keynes was a socialist who advocated a much more radical economic agenda than most mainstream economists and political analysts realize. Based on a very close reading of Keynes’ work, Crotty argues that core Keynesian economic ideas should inform democratic socialism today. The conventional wisdom assimilated into mainstream perspectives is that...

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Why Keynes was a socialist

In an important new book Keynes Against Capitalism: His Economic Case for Liberal Socialism (Routledge, 2019) James Crotty argues that Keynes was a socialist who advocated a much more radical economic agenda than most mainstream economists and political analysts realize. Based on a very close reading of Keynes’ work, Crotty argues that core Keynesian economic ideas should inform democratic socialism today. The conventional wisdom assimilated into mainstream perspectives is that...

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Politically Motivated Attempts to Own or Disown China as “Capitalist” — Peter Cooper

There are often attempts in the west to depict China as capitalist rather than socialist. After decades of China going from strength to strength on macroeconomic criteria – and in view of its undeniable achievement in reducing poverty at a rate unmatched in recorded human history – some on the right wish to deny that this could have been accomplished through socialism and so instead claim China to be capitalist. At the same time, there are those on the left who wish to distance notions of...

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