“The discovery of America and that of a passage to the East Indies by the Cape of Good Hope,” Adam Smith wrote in 1776 in his Wealth of Nations, the book that more than any other was to mark the birth of liberal political economy, “are the two greatest and most important events recorded in […]
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Paul Alexander Baran 1910-1964
Paul Baran, the internationally acclaimed Marxist economist, was born on 8 December 1910 into a Jewish family in Nikolaev, Russia, on the Black Sea. His father was a medical doctor with ties to the Menshevik branch of the Russian Social Democratic party. The chaos rustling from the First World War and the Russian Revolution made […]
Paul Marlor Sweezy 1910–
“Paul Marlor Sweezy 1910–” in Biographical Dictionary of Dissenting Economists, edited by Philip Arestis and Malcolm Sawyer (Brookfield, Vermont: Edward Elgar Publishing, 1992, pp. 562-70. Revised and expanded for 2000 edition.
Capitalism and the Ancient Forest
The battle for the old growth forest of the Pacific Northwest, which gained widespread national attention with the designation of the northern spotted owl as a threatened species in June 1990, can be thought of as a complex set of social and ecological problems traceable to a single cause: the continuing failure on the part […]
The Vulnerable Planet
In this clearly written and accessible book, John Bellamy Foster grounds his discussion of the global environmental crisis in the inherently destructive nature of our world economic system. Rejecting both individualistic solutions and policies that tinker at the margins, Foster calls for a fundamental reorganization of production on a social basis so as to make […]
Two Ages of Waterfront Labor
There are two crucial watersheds in the modem history of waterfront labour (1) the successful struggle, beginning with the Pacific Coast revolts of the 1930s, to set-up union-dominated hiring halls; and (2) the technological revolution in cargo handling and ship design associated with the introduction of containers in the 1960s and 70s.
Liberal Practicality and the U.S. Left
“Liberal Practicality and the U.S. Left,” in Ralph Miliband, Leo Panitch and John Saville, ed., Socialist Register, 1990: The Retreat of the Intellectuals. (London: Merlin Press, 1990), pp. 265-89.
Crises Lasting for Decades
Sometimes a theoretical debate will degenerate into a tower of babel because the participants, without being aware of the fact, are answering not the same question but different questions. It is therefor essential to be clear about what is being asked. In the case of my essay in The Imperiled Economy (Foster, 1987), which Hower […]
Marxism and the Uno School
In an 1859 review of Marx’s Contribution to a Critique if Political Economy, Engels provided the following description of the economic method of historical materialism, frequently labeled the “logical- historical method”:
The Spirit of ’68
Review of Nineteen Sixty-Eight: A Personal Memoir by Hans Koning.