A brief and sloppy look at some of the ways in which the state intervened in economies in the supposedly laissez-faire 19th century. [...]
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Magdoff and Foster’s The Great Financial Crisis is an enlightening history of the current capitalist crisis that is overshadowed by the authors’ political confusion. [...] Recent disasters in the mining sector suggest “people before profits” isn’t a realistic slogan and that capitalist competition necessitates a reckless drive to accumulate profits. [...] For good and ill, Michael Moore’s Capitalism: A Love Story is a product of the current crisis of capitalism. On the one hand, this crisis forced Moore to try and go beyond liberal critiques of a single issue, the usual fare for his documentaries. Thus, in his latest documentary Moore aimed to critically examine [...] Over the summer, I made a blog post here in which I argued that health care reform was a handout to the capitalist class at large at the expense of the “health” care companies. If reform legislation went against the interests of the pharmaceutical or insurance companies, went my reasoning, it was only to [...] Health care reform is compatible with capitalism. Health itself is not. [...] |
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