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Guglielmo Carchedi’s bad advice for activists

Jehu The Commune 6 Comments

Keynesian economic policies don’t work, but fighting for these policies will? Guglielmo Carchedi’s essay on the so-called Marxist multiplier has me bugging. He is handing out bad advice to activists in the social movements and telling them this bad advice is based on Marx’s labor theory of value. The bad advice can be summed up concisely: Keynesian policies do not …

JehuGuglielmo Carchedi’s bad advice for activists
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Anarchists, Libertarians and Marxists need to change the debate on jobs and debt (2)

Jehu Anarchism, Marxism, The Commune 1 Comment

We have to change the terms of the debate on jobs and debt. We need to insist a job is nothing more than wage slavery and we don’t need Washington’s effort to create more of it by adding to this wage slavery even with more debt slavery. It is not like we have to argue existing jobs need to go …

JehuAnarchists, Libertarians and Marxists need to change the debate on jobs and debt (2)
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Anarchists, Libertarians and Marxists need to change the debate on jobs and debt (1)

Jehu Anarchism, Featured, Marxism Leave a Comment

We have to change the terms of the debate on jobs and debt. We need to insist a job is nothing more than wage slavery and we don’t need Washington’s effort to create more of it adding to this wage slavery even with more debt slavery. It is not like we have to argue existing jobs need to go away; …

JehuAnarchists, Libertarians and Marxists need to change the debate on jobs and debt (1)
socialworkweek

Letter to the Occupy Movement: The jobs number you never hear about says Washington’s fucked

Jehu Featured, The Commune Leave a Comment

Here is an interesting chart from Zero Hedge: In data going back to 1980, employment for younger workers aged 20-24 has never increased in the month of September — that is, it has never increased until this year: I know what you are thinking: the data provided by Washington is a fraud. I am going to show why, even if …

JehuLetter to the Occupy Movement: The jobs number you never hear about says Washington’s fucked
United States Gross Domestic Product (Gold) 1929-2009

Sorry progressives, the Bush tax cuts did not kill the economy

Jehu Featured, The Commune 5 Comments

A quick note to slap down the standard progressive interpretation of the impact of the Bush tax cuts on the economy. Sorry folks, there is no real empirical support for your position. Progressives who praise the Clinton era job creation performance versus Bush era job creation performance, and link this to Clinton tax increases versus Bush tax cuts, overlook two …

JehuSorry progressives, the Bush tax cuts did not kill the economy
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Capital, Absolute Over-Accumulation and the Fascist State (Part five)

Jehu Featured 1 Comment

I want to summarize a bit at this point, because I received a comment from one person that my writing style made his head hurt. If, I have made this unnecessarily difficult to understand I apologize for that. In part, this arises from the fact that I am grappling with this material as I write these posts. Writing is the …

JehuCapital, Absolute Over-Accumulation and the Fascist State (Part five)
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Capital, Absolute Over-Accumulation and the Fascist State (Part four)

Jehu Featured 4 Comments

In its fully developed form, the Fascist State is an American empire imposed by the United States on all other national states, in which each of these national states are no more than its local (national) subsidiary. The emergence of this Fascist State became the condition for the further development of the World Market bound up with Capital. Over-accumulation of …

JehuCapital, Absolute Over-Accumulation and the Fascist State (Part four)
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Capital, Absolute Over-Accumulation and the Fascist State (Part three)

Jehu Featured Leave a Comment

The constant expansion of the Fascist State presupposes the constant expansion of capital which can no longer function as capital, which can no longer employ labor power for purposes of the self-expansion of capital; which, in other words, seeks its self-expansion, not by augmenting the productive capacity of society but by exploiting the wholesale destruction of this productive capacity through …

JehuCapital, Absolute Over-Accumulation and the Fascist State (Part three)
Debt_velocity___unemployment

Driving a nail through the heart of the State: Unemployment and Debt

Jehu Featured Leave a Comment

(Shown in the above chart is the historical correlation between the change in debt and the rate of unemployment. Courtesy of economist Steve Keen and chrismartenson.com) Libertarians, anarchists and communists who sincerely favor a stateless society must realize that the present crisis is not merely, nor even primarily, an economic crisis — it is a crisis of the State itself. …

JehuDriving a nail through the heart of the State: Unemployment and Debt
UncleSam

Can government be reduced without limiting hours of Labor?

Jehu Featured Leave a Comment

Is it possible to get rid of government, either by abolishing it outright or gradually reducing it, without, at the same time, ridding society of Labor? This is a question posed by libertarians and marxists who declare their opposition to abolishing one or the other. First, let’s define what I mean by Labor. As I am using the word, Labor …

JehuCan government be reduced without limiting hours of Labor?
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Anarchists, libertarians and Marxists must prepare to fight an increase in the debt ceiling

Jehu Featured Leave a Comment

One of the first battles of 2011 will come in the spring as the Washington establishment seeks to gain approval to raise the debt ceiling. Anarchists, libertarians and Marxists will be tested on whether they are satisfied to be appendages and compliant tools of the two parties, or are prepared to strike out on their own in preparation for the …

JehuAnarchists, libertarians and Marxists must prepare to fight an increase in the debt ceiling