by Richard D. Wolff
Photo by Markus Spiske
Fans of capitalism like to say it is democratic or that it supports democracy. Some have stretched language so far as to literally equate capitalism with democracy, using the terms interchangeably. No matter...
THERE has been a significant diffusion of production occurring in the world economy. Many call this phenomenon a shift from a US-led world economy to a “multipolar world economy”, but no matter what one thinks of this description, the...
Prof Harvey takes a look into why modern capitalism concentrates power more in finance and merchant capital than industrial capital. What changes in neoliberalism created such focus on financialization instead of surplus value? "What we've seen since the 1980s,...
