Marx’s Theory of Working-Class Precariousness

R. Jamil Jonna and John Bellamy Foster Monthly Review
The renewed focus, particularly on the left, on precariousness constitutes a recognition of the harsh reality of capitalism, and particularly of today’s globalized monopoly-finance capital. More than a century of Marxian political-economic critique allows us to appreciate the extent to which the conditions that Marx described, focusing on a small corner of Europe in the mid-nineteenth century, are now global, and all the more perilous.

Bernie Sanders Stresses 'Common Good' in Vatican Attack on Capitalism

Stephanie Kirchgaessner The Guardian
Bernie Sanders delivered one of his most sweeping indictments of modern capitalism and unchecked market forces on Friday at an address at the Vatican. He called for a focus on "the common good" as a moral imperative, drawing on the teachings of the Catholic Church for insights into the plight of the most vulnerable members of society.

Capitalist Deserter Pfizer Just Got a Spanking

William Greider The Nation
The Treasury Department is often a limp watchdog when it comes to policing arcane tax dodges, but this time, Treasury grew some fangs by tightening its regulations, which led Pfizer to call off the deal. Pfizer’s loss is a potent win for small-d democracy. It can provide a starting point for reinvigorating reform politics.

Worker Cooperatives Are More Productive Than Normal Companies

Michelle Chen The Nation
When maximizing profits isn't the only goal, companies can actually work better. Under worker-run management structures, co-ops might avoid the usual friction between bosses giving orders from above, and staff misunderstanding or disputing decisions or resisting unfair work burdens from below. Fusing the workforce and management streamlines operations and saves energy otherwise sunk into training and monitoring the workforce.

Chasing Utopia

Sam Gindin Convergence
Worker Ownership and Cooperatives Will Not Succeed by Competing on Capitalism's Terms.

labor

Starbucks the Benevolent?

AMANDA RIPLEY The Atlantic
What would compel a massive company to start helping its employees pay rent and attend college?

books

Parking the Big Money: Tax Havens and Capital Flight

Cass R. Sunstein The New York Review of Books
"The proletariat of each country must, of course, first settle matters with its own bourgeoisie," Marx wrote, but the corporate class formatively battles internationally, including locating fake corporate headquarters to low-tax nations, in effect bleeding their home sovereign nations of tax dollars, starving state services and aiding in turning both governing and opposition parties into austerity regimes. This book and film chart the practice and ways to combat it.

labor

The Military: An Alternative to the Brutalities of the Modern Economy

SCOTT BEAUCHAMP The Atlantic
The millions of service members who live on military bases around the world experience a kind of economic and social security that is foreign to most of America’s middle class. In the military, clothing, food, shelter, and medical care are guaranteed. And although it offers less choice about what to wear or where to live than the private sector, there’s a baseline of care for service members that doesn’t exist in the civilian world.
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