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 ...

If you think America won the Cold War, take a look at a new article in Teen Vogue headlined “Who is Karl Marx: Meet the Anti-Capitalist Scholar.” It praises the communist scholar’s critique of the ...

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 ...

This month marks the bicentennial of an unusually consequential birth: Karl Marx, who entered the world on May 5, 1818. China’s president marked the anniversary by celebrating the man whose ideology ...

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 ...

To the editor: Life sometimes imitates art. It sure did in Mary Gabriel’s op-ed article, “A letter to Karl Marx on his 200th birthday.” Gabriel writes, “Don’t get me wrong. The initial benefits of ...

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 ...

The term “late-stage capitalism” has lately been on everyone’s lips. I hear the description from friends concerned with economics and a very hip, tattooed Brooklynite who sold me a pair of vintage ...

Marx’s work enabled us to understand the basic dynamic of capitalism, its place in the history of civilisations, and learn from the historical ebb and flow of the class struggle. As Engels said at the ...

KARL MARX, the founder of materialistic socialism, is recognized by economists as one of the three or four greatest minds who have contributed to the progress of economic science. What he did was to ...

Reporting from Berlin — A specter is haunting Germany — the specter of Karl Marx. A curious debate has erupted just as the hometown of communism’s founding father is about to celebrate the 200th ...