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Tag Archives | R. Jamil Jonna

Marx’s Theory of Working-Class Precariousness

Worker Precariousness has become a major issue globally. Much of this, however, is divorced from the central role that this concept played in Marx’s critique of political economy. This article traces the notion of precarious labor back to its classical roots in historical materialism, including Marx’s general law of accumulation and his reserve army of […]

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The Global Reserve Army of Labor and the New Imperialism

In the last few decades there has been an enormous shift in the capitalist economy in the direction of the globalization of production. Much of the increase in manufacturing and even services production that would have formerly taken place in the global North—as well as a portion of the North’s preexisting production—is now being offshored […]

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The Internationalization of Monopoly Capital

In a 1997 article entitled “More (or Less) on Globalization,” Paul Sweezy referred to “the three most important underlying trends in the recent history of capitalism, the period beginning with the recession of 1974-75: (1) the slowing down of the overall rate of growth; (2) the worldwide proliferation of monopolistic (or oligopolistic) multinational corporations; and […]

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