Marx

This is the sixth set of notes for a reading group on Marx’s Capital, and includes a Volume I refresher for further reading of Volume II. There are links to earlier posts and texts that may be useful. Marx is probably too taken with a kind of scientism by proposing...

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  • October 25, 2021

Meandering nonsense highlighted by searches for bamboo fibers, and official lies issued from Mar-a Lago, are exactly what Donald Trump expected to be doing in 2016. The 2020 election with Joe Biden as his opponent was what he expected the first time around with Hillary Clinton; a loss. I am...

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  • May 21, 2021

MFP is neologisms that get sticky. Cheugy is the latest, being a term that Generation Z calls Millennials, perhaps it’s the revival of more postmodernism. Generation Z consumer-brand attacks on Millennials consumption habits may be all that Gheugy is about. Proud Boys and their golf polos may be Cheugy, if only...

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  • May 16, 2021

Whether it’s soccer teams or sandwich shops, financialization was there before the pandemic, only making some of its supply-chain hijacking yet another example of an impending capitalist disaster. Re-regulation must remain important as crises loom in the post-pandemic recovery.  A 2017 interview with UMass’s Gerald Epstein points to the need to...

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  • April 25, 2021

A new book suggests now the necessity of reexamining the historical materialist project of Walter Benjamin recognizing those moments of historical contact as acts of recognizing the constructed historical object. “Historicism tends to be hermeneutic because it values cautious, rigorous, and contextualized interpretation of information; or relativist, because it rejects notions of universal, fundamental...

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  • April 24, 2021

Lauren Boebert (R-CO) has learned from the death of Bernie Madoff about Ponzi schemes, because QAnon surely couldn’t be a cult of personality or a grift used by criminals in charge. Because the previous guy still says “the best is yet to come”, having killed hundreds of thousands, we also know...

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  • April 19, 2021
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Like Martin Luther objecting to Pope Leo X selling indulgences to raise money for a variety of excesses, the environmental costs of carbon markets far exceed the benefits. Austerity would have denied us Renaissance art which is less at risk in an age of non-fungible tokens. Today the consequences for the planet...

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  • March 28, 2021

Twitter is dragging Jonathan Turley because of attributing a Rousseau quote to the Reign of Terror, but more likely because they mistook him for Jeffrey Toobin. That’s the nature of conservative culture war, making class warfare a struggle more transcendent and less applicable in times of right-wing insurrection.  x Since philosopher Jean...

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  • March 20, 2021

The Atlanta spree killings are unfortunately a story with structural similarity to events elsewhere. How do we know that Robert Long wasn’t on his way to Mar-a-Lago when the cops performed a PIT maneuver on him after he killed eight people. Darn hypotheticals of the culture wars. Mar-a-Lago as spa resort...

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  • March 19, 2021
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The sparse number of actual carbon capture and sequestration projects plus weak carbon markets amplify the problems of the climate crisis yet to be revisited, post-Trump. Two heartland examples in North Dakota and Texas show how there are several interlocking problems addressing the climate crisis that must be included in future environmental policy. More specifically...

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  • February 28, 2021

No doubt there are Trump pardons, but the cluster falls close to the _____. Apparently Trump has been advised that the optics of guilt are greater exposure to his soon to be mounting legal woes. This includes even the Trumpian small insults, a hastily assembled 1776 position paper to prescribe...

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  • January 19, 2021

This post in the Anticapitalist Chat supports a group reading of Karl Marx’s Capital Vol 1. #GoodMorningMarx #WeeklyMarx Reproduction and accumulation Capital is “self-valorising value”. But for capital to continue to generate new value and create surplus-value, this surplus-value must itself by reinvested back into production – that is, surplus-value must be...

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  • January 4, 2021

rMoney finds that conscience like a visually impaired squirrel. Mitt Romney says, "The egregious ploy to reject electors may enhance the political ambition of some, but dangerously threatens our Democratic Republic." — Niels Lesniewski (@nielslesniewski) January 3, 2021 “It would not be Congress’s job to second-guess the state’s appointment of...

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  • January 3, 2021

Trump’s staff may have tricked him into thinking he has a line-item veto. Attention-seeking becomes purer for the desperate POTUS*. Trump dithered because he thinks that improves an “unpredictability” brand that shines the turd of incompetence. Trying to make indecisiveness a fashion statement only works when horseshoes are hand grenades. One...

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  • December 28, 2020
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The neoliberals’ “free market” is not going to sequester enough carbon to save the environment. Even Warren Buffett isn’t willing to take a bet on surviving an impending climate crisis catastrophe, because “the rents are too high”. Existential threats have a critical reality, about which ruthless criticism is entailed. Even...

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  • December 27, 2020

This post in the Anticapitalist Chat supports a group reading of Karl Marx’s Capital Vol 1. #GoodMorningMarx #WeeklyMarx Summary: Chapter 16 of volume 1 of Capital is called “Absolute and Relative Surplus Value” and discusses the nature of labour, surplus value and surplus labour time. This chapter begins Part 5 of Capital (which...

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  • December 22, 2020

This post in the Anticapitalist Chat supports a group reading of Karl Marx’s Capital Vol 1. #GoodMorningMarx #WeeklyMarx. Outline of Marx’s Analysis Chapter 16 The Historical Relation Between Absolute and Relative Surplus Value – in capitalism, social labor produces surplus-value – early on: formal subsumption of labor produces absolute surplus-value by extending the working...

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  • December 20, 2020

This post in the Anticapitalist Chat supports a group reading of Karl Marx’s Capital Vol 1. #GoodMorningMarx #WeeklyMarx. Not quite this type of commodity, but more like a pork barrel. x “Ah, pork bellies, I knew it.” ~Louis Winthorpe @dan_aykroyd https://t.co/yeVcYIYtqF— Stephen Bates (@batess) December 3, 2020 M. Proudhon has the misfortune of...

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  • December 4, 2020

This post in the Anticapitalist Chat supports a group reading of Karl Marx’s Capital Vol 1. #GoodMorningMarx #WeeklyMarx “I have joined a family, and like all families, it's full of shit.” – Pablo Picasso on the French Communist Party. x does this mean i dont have to read it— A.M. (@spaceprole) November...

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  • November 28, 2020

Counting coup involves winning prestige against an enemy rather than doing serious damage. We’re now way past that point. But the latest gesture in search of a coup is today’s Trump meeting with MI GOP legislative leadership. It’s a sedition stunt close to horseshoes and hand grenades. They have just issued...

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  • November 20, 2020

This post in the Anticapitalist Chat supports a group reading of Karl Marx’s Capital Vol 1. #GoodMorningMarx #WeeklyMarx This covers chapters 15 and 16. Chapter 15 describes more closely the production process and its relation of technology (to power as machinery and as social relation) Chapter 16 begins a discussion of...

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  • November 12, 2020

This story supports a group reading of Karl Marx’s Capital Vol 1. #GoodMorningMarx #WeeklyMarx This covers chapters 14, 15, 16.  Chapter 14 will provide further evidence of alienation in the division of labor and manufacturing in the capitalist reorganization of labor.  Chapter 15 describes more closely the production process and...

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  • November 4, 2020

This story supports a group reading of Karl Marx’s Capital Vol 1. #GoodMorningMarx #WeeklyMarx This covers chapters 11-14. Today’s supporting summary is at the very bottom, below the fold. Set against the backdrop of the Luddite uprisings in the Yorkshire textile industry, Charlotte Brontë’s novel Shirley caused a sensation when it...

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  • November 1, 2020

This story supports a group reading of Karl Marx’s Capital Vol 1. This covers chapters 11-14. Set against the backdrop of the Luddite uprisings in the Yorkshire textile industry, Charlotte Brontë’s novel Shirley caused a sensation when it was published in 1849 – under the pseudonym ‘Currer Bell’. Robert Moore is...

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  • October 28, 2020
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Larry Kudlow continues the underlying theme of Trumpian nihilism and its trickle-down contagion of pixie dust and pseudoscience. Trump continues to see his numbers decline as his campaign put him on a superspreader rally schedule, attempting to repeat his 2016 victory of 155,000 votes in swing states while trailing 3 million...

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  • October 25, 2020

This diary is for discussing chapters 9 and 10 of Capital Volume I by Marx. In it the explication of how surplus value as a concept is viable with certain reasonable, historical assumptions. apologies in advance for diverging from an established format. Capital is dead labour which, vampire-like, lives only...

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  • October 4, 2020

Periodically, ACM readers might want an introduction to anticapitalism. This emerges because of the disinformation propagated by kakistocratic clowns like Trump, who enables neoliberal capitalism while pursuing kleptocracy and monopolizing violence. This is important as yesterday Trump signed an executive order that had no effect on big pharma, and endorsed extrajudicial killing...

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  • September 13, 2020

Trump’s constant pimping of the stock market numbers is not the same as a sign that the economy has returned to the level of “winning” even before Trump took office. Like voting twice, Trump’s not being a good minimal-state libertarian where all debt resolves itself in a ‘free market’. Instead,...

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  • September 4, 2020

“(T)erminating labour and share markets, along with the type of commercial banking taken for granted today, is a prerequisite for a post-capitalist society with functioning markets, authentic democracy and personal liberty.” Left accelerationism seems tempting in a time when markets, democracy, and liberty are in peril. but Yanis Varoufakis is hinting...

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  • August 30, 2020
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This week I attended (remotely) the Rethinking Economics Festival and encountered challenging pluralist discourses like a platform economy (noting that most of such work is populated by women), decolonizing the Eurocentric position in disciplines, or “fully-automated luxury communism”. I thought I’d share some resource items and make a few observations....

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  • July 26, 2020

Oh, and Trump’s detractors are “satanic.” Because of course they are. In a deeply corrupt move that would have made Richard Nixon vomit his small intestines, Donald Trump recently commuted the sentence of his friend, confidant, and chief ratfucker Roger Stone. Translation: Stone was involved in some hinky, illegal shit,...

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  • July 15, 2020

The “blame antifa” trope is not working out so well for the Trumpists wanting the left to declare People’s War in the streets of the US. Antifa aren’t anywhere to be found, just ask the FBI. All they need to do is dig up Lin Biao and reanimate him. But...

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  • June 6, 2020

Classic Trumpian economic policy, preying on chaos. Trump pimps a “V-shaped” recovery in time to re-elect him. Nope, probably not happening. DC is barely keeping the US economy together because the GOP intends to rebuild it on the victims of the pandemic. Bill Blain does a rant on this. … The...

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  • May 2, 2020

David Atkins attacks a “marxist” strawman in a Washington Monthly article, because moderates need to rationalize their reactionary acts. The after-action reports for 2020 should instead address the need to reconcile party unity even as it demonizes their respective biases. For example, “running against the Democratic party” was only a trope for those...

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  • April 14, 2020

Perhaps we can see the difference between celebrity Tom Hanks and celebrity Donald Trump in our choice of salty breakfast spread that looks like axle grease. These spreads have much more inner story than IMPOTUS*. For example, Marx gets some of his ecological theories from Justus Freiherr von Liebig, the discoverer(sic) of...

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  • March 15, 2020

Who am I? Who am I, you ask? The Kurd of Kurdistan, a lively volcano, fire and dynamite in the face of the enemy. When furious, I shake the mountains, the sparks of my anger are death to my foes. Who am I? I am in the east, forts and...

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  • October 10, 2019

AUTHOR’S NOTE: This is an update to a previous story I published here. According to the Springfield (IL) Journal-Register, at least four advertisers have pulled their funding from Sinclair Broadcast Group-owned ABC affiliate WICS-TV, which is licensed to Springfield, Illinois and serves much of central Illinois and, through its full-power...

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  • Avatar of DownstateDemocrat
  • June 9, 2019

Historical events occur twice, Karl Marx famously said, first as tragedy and then as farce. But when it comes to the rampant lawlessness of Republican presidential administrations, the record is a succession of national tragedies for the United States. And the damage to America’s democratic institutions is no laughing matter....

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  • April 21, 2019