There is some value in the empirical understanding he advances; the degree to which modern capitalism is unproductive, unprofitable, monopolised, and increasingly relies on assets, rents, and finance to make any money. Yet any useful insights that Varoufakis has are obscured by his confused notion of technofeudalism. What Marx identifies as the core of capitalism — generalised commodity production and the wage-labour social relation — still reigns.
Browsing: marxism
A review of the television series based off Sally Rooney’s bestselling book.
Mapping the ideological hierarchies of the Catholic Church
The leftist agenda in academia is not as real as you think
Janek Drevikovsky just can’t shut up and eat his dinner.
Liam Donohoe reflects on his bitter-not-so sweet summer as a member of Socialist Alternative.
