May 2012
8 posts
Thesis 5: In post-Fordism there exists a permanent...
Marx distinguishes between “labor time” and “production time” in chapters XII and XIII of the second book of the Capital. Think of the cycle of sowing and harvesting. The farm laborer works for a month (labor time); then a long interval follows for the growing of the grain (production time, but no longer labor time); and at last, the period of harvesting arrives (once again, labor time). In...
May 12th
1 note
What has happened to corporate profits in the last...
“From 1973 to 1985, the financial sector never earned more than 16 percent of domestic corporate profits. In 1986, that figure reached 19 percent. In the 1990s, it oscillated between 21 percent and 30 percent, higher than it had ever been in the postwar period. This decade, it reached 41 percent.”
May 11th
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New Article in Open Democracy: Down and Out in... →
May 10th
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To Comroguez
To my friends. Little Fly, Thy summer’s play My thoughtless hand Has brushed away. Am not I A fly like thee? Or art not thou A man like me? For I dance And drink, and sing, Till some blind hand Shall brush my wing. If thought is life And strength and breath And the want Of thought is death; Then am I A happy fly, If I live, Or if I die? The Fly,...
May 8th
3 notes
“We face a situation which seems neither to have been contemplated in either the...”
– Edward Hugh, “Global Growth is Slowing” (via nsrnicek)
May 8th
5 notes
May 1st
7 notes
Quote from 'Woland'
“The content of the revolution that is born in each historical period, including that of the current period of restructuring which, by its very nature, can never be consummately restructured, is prefigured in the day- to-day proletarian struggles. This is because struggles are a constitutive the historical production of the revolution element of capitalist relations; they are the conflict...
May 1st
1 note
Perhaps the most important thing you will read... →
May 1st
2 notes