Capitalism

Paul Sweezy Was One of the 20th Century’s Great…

The Marxist economist Paul Sweezy dedicated his life to understanding how capitalism works, and how it had changed since Karl Marx’s time. The big economic questions that Sweezy addressed are still fundamental for socialists today. Paul Sweezy was one of the most distinguished and most controversial Marxian economists of the twentieth century. Sweezy took up

Capitalism

Socialism Makes Summer Better

In capitalist America, millions of workers never get a vacation. But for the past century, bringing sunshine and leisure to the masses has been among the socialist movement’s greatest achievements. Many Americans not only have to work in person but also can’t get time off from their jobs. US employers are not required to provide

Capitalism

Why Capitalists Care About Our Record-Low Birth Rate

Our ruling class, like ruling classes throughout history, cares intensely about how many kids we have and how much it will cost them. If we continue to think of the establishment as a neutral arbiter, and the abortion fight as a squabble between ordinary people, we’ll miss what is really at stake. The ruling class

Capitalism

Social capital I: measurement and associations with economic mobility

Social capital—the strength of an individual’s social network and community—has been identified as a potential determinant of outcomes ranging from education to health1,2,3,4,5,6,7,8. However, efforts to understand what types of social capital matter for these outcomes have been hindered by a lack of social network data. Here, in the first of a pair of papers9,

Capitalism

The Free Market Is Making All Our Problems Worse,…

The world is on fire all around us. The free market can’t put that fire out — only massive state intervention in the economy can. Mainstream politicians these days are constantly looking for excuses to justify their divergence from market dogma. From the pandemic to the energy crisis, the war in Ukraine and growing inflation,