Labor Theory of Value

Multiple Economic Fractures in Mordor

Orientation The golden age of left-wing economists In part because the 1960s was still a period of capitalist abundance, there were few socialists in Yankeedom who pointed to the economic contradictions of capitalism as a motivator for the coming revolution. “Western Marxists” ignored the economy, imagining capitalism could go on forever. As first anarcho-communist and […]
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May Day is International ‘Thank a Worker’ Day

“As far as I’m concerned, those people don’t exist.” — Arizona Republican Governor Jack Williams, telling farm workers they’d be arrested if they were to strike and boycott during harvest seasons (May 1972). May Day harkens back to celebrations of spring, a renewal and fertility. In Rome, I witnessed one such event: the festival of […]
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Why Middle-Class Left Liberals Should Dump the Democratic Party: Finding Common Ground with Socialists

Many of you in the middle class are opposed to socialism. You still think there is some chance for you under capitalism and you fear that the socialists will take what little you have and divide it among the shiftless and thriftless. You need not have the slightest fear. The socialist has no use for […]

Rumble Inside the Chaos of Capitalism

The tables were turned — David Rovics interviewed me in a wide-ranging, tangentially themed hour a few days ago. Here is what one Dissident Voice article has to say about Portland, OR-based Rovics He is not one to wait for his turn to talk. He listens intently and when I’m finished asks another question. After […]
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Chilean Embraces Environmental Ethos on Oregon Coast

Before heading over to interview this subject, I was thinking of a possible epigraph for the piece. One from a Chilean: Discovery is not seeing what there is (that is impossible at any level), but rather allowing oneself to converge towards a continually freshly-created reality. ― Chilean economist, Manfred Max-Neef, From the Outside Looking In: Experiences […]

Invasion of the Body Snatchers: How Political Science and Neoclassical Economics Zombifies the Yankee Population

ORIENTATION Why do political science and neoclassical economics go in one ear and out the other? A human being who has a fully integrated social body understands that economics is about a social system of circulation of goods and services. In other words, provisioning for the population.  Politics is the collective process of evaluating and […]

The Marxian Theory of Value: A Response to David Pena (Part Three)

Read Part 1 here;  Part 2 here Perhaps Pena does not see this because he does not appear to grasp the point that in the Marxian concept of socialism (aka communism – unlike Lenin, Marx never differentiated between these two terms), the question of “exchange value” becomes completely redundant (and, with that, the preoccupation with […]