Polish economist Michał Kalecki argued that capitalists would always resist full employment because it increases the confidence and bargaining power of workers. He was right — so right that even the Fed has now begun citing his ideas.
Last weekend, British novelist Salman Rushdie was almost killed for a novel he wrote. It’s a brutal reminder of why the Left’s long tradition of embracing free speech is so vital.
Robert Brenner’s theory of the post-1973 global economy — which depicts a long era of “stagnation” caused by chronic industrial overcapacity — is logically dubious and doesn’t fit the facts. But the theory’s biggest problem is its politics.
Among Jane McAlevey’s many audacious projects in the labor movement, her organizer training program, Organizing for Power, is one of her most innovative. Reaching tens of thousands of workers worldwide, her ideas and commitment will live on through it.
How should we assess the legacy of Leon Trotsky?
Want Medicare For All? Look to the Dutch Socialist Party for inspiration.
One hundred years ago was a time of revolution. Emma Goldman, John Reed, and Bill Haywood were at the center of it all.
Socialists throughout history have understood that holding office is not the same thing as winning power. Working people can only entrench their victories through a fight to change the state itself.
European Commission president Ursula von der Leyen claims to represent the “spirit of Greta,” yet corporate lobbyists have more influence over Europe’s Green Deal than ordinary citizens do. The green transition ought to be controlled by the social majority, so it serves all our needs — not just the businesses who hold sway in Brussels.
Die Linke's position on Palestine has isolated it from the global solidarity movement.
The same politics that underpinned the welfare state brought about its collapse.
Rosa Luxemburg on the roots of May Day.
Whatever their limits, Murray Bookchin's ideas should be studied by today's left.
Figuring out how to fight for state power and popular power at the same time is tough. The work of Nicos Poulantzas shows how socialists in the twenty-first century can do it.
We don’t need melodramatic hyperbole from New Leftists telling us to campaign for Joe Biden. We need to build a democratic-socialist movement that is the only real hope for the planet’s future.
Born this day in 1900, Anna Seghers was one of Germany’s great modern writers, an internationalist and anti-fascist through the darkest hours in German history. Her works are a monument to the dignity of the oppressed.
Polish economist Michal Kalecki is often linked with the “Keynesian revolution,” but Kalecki’s view of capitalism was much more radical than Keynes’s. His ideas are a vital tool for understanding how the system works, and how it might be overcome.
Soviet premier Mikhail Gorbachev, who died last week, was a tragic figure. He tried to build a humane socialism on the rotten foundations of authoritarianism. Today, without the albatross of Stalinism, we can fight for an entirely different kind of socialism.
Georgii Plekhanov did more than anyone to popularize Marxist ideas in Russia from the late nineteenth century. While he fell out with the Bolsheviks and condemned the October revolution, Plekhanov had a huge influence over the development of Soviet Marxism.
Karl Marx wrote that “revolutions are the locomotives of history.” For Italian historian Enzo Traverso, regaining the idea of revolution is essential if we refuse to accept capitalism as an eternal state of affairs.