Even among Marx-friendly economists, the labor theory of value has fallen out of favor. But its technical validity is less important than the core message: workers are exploited because the value they create is undemocratically taken by capitalists.
For years, Thomas Piketty has articulated a cogent critique of 21st-century capitalism. He now appears to be moving beyond just critique to call for a 21st-century socialism.
It’s a surreal experience to read a work of fiction that literally takes everything happening in my neighborhood and turns it into a sweeping epic about Zapatista-inspired guerrilla movements fighting for Puerto Rican liberation
Rodney lays out an invaluable concept: that underdevelopment expresses a relationship of exploitation. It implies not lack of development but the existence and results of suppression, oppression and exploitation.
No one deserves riches, and yet we all do. This moral puzzle is key to our love for Anna Delvey, the con artist and “fake German heiress” who is the subject of Netflix’s flawed but irresistible series Inventing Anna.
It is tempting to harness “Civilization and Its Discontents” as a guide to our contemporary political morass, but doing so may obscure its most valuable message.
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