This is my contribution to n+1’s OWS Gazette #2. You can download the PDF here. It’s full of terrific stuff. There was a witticism circulating—it embarrasses me a bit to say—on Facebook recently that went something like: “I’ll believe that coporations are people when Texas executes one.” Though I’m no fan of capital punishment, but that was the best argument in favor of corporate personhood I’ve ever heard. Because while corporations have the rights of actual living people—more, maybe—they have none of the responsibilities. Corporations routinely get away with murder. Is the problem… Read More
The spelling dictionary for Adobe’s Creative Suite 5 does not recognize the names “Marx” or “Engels.”
Yeah, everyone’s ngram-ing, so why not me? The number of mentions of Karl Marx vs. Friedrich Hayek in a sample of the books in Google’s database. The original Google chart doesn’t scale nicely, so I’ve retouched it some using Adobe Illustrator. But the relative trajectories are unchanged. To see the Google original, click here: Marx vs. Hayek. They just can’t stop talking about the Old Man, can they? He’s come down some since the mid-1970s, but you’d think that Freddie would have come up a lot more.
From The Philosophy of Joint-Stock Banking by the Scottish financier G.M. Bell, quoted by Marx in Capital vol. 3: Banking establishments are moral and religious institutions. How often has the fear of being seen by the watchful and reproving eye of his banker deterred the young tradesman from joining the company of riotous and extravagant friends?… Has he not trembled to be supposed guilty of deceit or the slightest misstatement, lest it should give rise to suspicion, and his accommodation be in consequence restricted or discontinued [by his banker]?… And has not… Read More
[As the introductory sentence says, these comments were the opening to a special fundraising edition of Behind the News in its KPFA avatar. No audio is available because the show consisted mainly of excerpts from David Harvey’s lectures on Capital and pleas for support. If you like reading these commentaries and listening to the audio archives, you can help assure them a future by pledging to support KPFA. You can do that online here: Donate to KPFA. The lectures by Harvey are listed in the right column, “$101 and Up” – search for… Read More