"Capitalism should not become the model of society," says Cardinal Reinhard Marx of Munich, one of Francis' top advisers. “To think that somewhere there are pure markets which give rise to the good ...

In my view, Karl Marx's analysis of capitalism is really powerful and important. I think the best formulation of this analysis is in his book Capital, Volume 1. Joseph Kay recently wrote a blog post ...

First things first: Marxism is a theory of capitalism. You can think of it this way: There is a theory of the force called gravity. There is also a theory of the force known as a strong force, which ...

I was really rather surprised by this from Mark Thoma, the idea that capitalism (or, to be more accurate, this blend of capitalism and markets that we actually have) does not create a mechanism to ...

Marx built part of his system on the belief that capital would create the “great reserve army of the unemployed,” and modern ...

Is capitalism in crisis? That is what Rep. Alexandria Ocasio-Cortez, D-N.Y., said recently, more precisely she said that we are witnessing a “crisis of late stage capitalism.” Others seem to agree. So ...

In November 1864, Karl Marx wrote a letter congratulating President Abraham Lincoln on his reelection to the White House. "From the commencement of the titanic American strife the workingmen of ...

An article on Marxist-Leninism, written by J. Grancharoff, and published in Red and Black: An Anarchist Journal, No. 9 Spring 1979. Rosa Luxemburg, referring to the Russian Marxists, stated: “It is ...

Author’s Note: The following is an abridged and edited passage from the first chapter of my Invisible Leviathan: Marx’s Law of Value in the Twilight of Capitalism, published by Haymarket Books in 2019 ...

Yves Smith writes the blog Naked Capitalism. She is the head of Aurora Advisors, a management consulting firm, and the author of “Econned: How Unenlightened Self Interest Undermined Democracy and ...