Tuesday, June 27, 2017

The Dishonourable Company : How the East India Company took over India

The Secret History of Capitalism by Ha-Joon Chang



Political Economy Reserach says Ha-Joon Chang veers toward a market socialist economy not a socalist entrepreneurial economy it does matter whether the democratic socialist plan controls direction of the economy with a Maoist red cat - black and white ones leads you back to capitalism as the Dengist Chinese model shows.

The Secret History of Socialism in the 20th Century is its marriage of the market and socialism by Oskar Lange precursor of Dengist Political Economy which confused capitalism with socialism in the 20th Century - a confusion which requires urgent claification in the 21st Century before the next wave od Socialist Revolutions.

See our book Marxism Against Market Socialism



Tuesday, May 16, 2017

Theories of Imperialism : Prabhat Patnaik, Duncan Foley, David Harvey, Nancy Fraser




David Harvey, Distinguished Professor of Anthropology and Geography, The Graduate Center, CUNY
Duncan Foley, Leo Model Professor of Economics and Director of Graduate Studies, The New School
Nancy Fraser, Henry A.Louise Loeb Professor of Political & Social Science, The New School
Prabhat Patnaik, Author, A Theory of Imperialism

Moderator:
Sanjay Reddy, Associate Professor of Economics, The New School

Democracy and Class Struggle while we appreciate some of  the insights of David Harvey we find ourselves on The Utsa Patnaik and Prabhat Patnaik side of this debate and we hope to publish more of their views in future on our Political Economy Research Blog.




While we have found concepts like accumulation by dispossession very useful from David Harvey especially in relation to land his attempt to treat imperialism merely as a metaphor and substitute it for his theory of spatial fixes is social democratic revisionism gone mad - does he really want to become the Karl Kautsky of  
the 21st Century ?

Concerning Capitalist China in the Global System
which David Harvey seems to profoundly misunderstand  study the work of Minqi Li a very useful foundation for Marxist Leninist Maoists - the Rise of China and the Demise of the Capitalist World Economy which would also repay study by Prabhat Patnaik 


The historical strategic reserve of Capitalism China has been thrown into the battlefield for capitalism in the 21st Century not because capitalism is strong but because it is weak and if there is no understanding of this since 2008 then there is no understanding of Capitalist Imperialism in the 21st century.

If you want to know what the modern battle cry of  global capitalism is in 2017 watch Xi Jingping reset Global Capitalism for next 100 years elite confucian not proletarian communist style at the Belt and Road Opening Forum in Beijing.

http://democracyandclasstruggle.blogspot.co.uk/2017/05/resetting-global-system-president-xi.html



FREE COPY OF MINQI  LI BOOK HERE - THE RISE OF CHINA AND THE DEMISE OF THE CAPITALIST WORLD ECONOMY

http://digamo.free.fr/minqili08.pdf






See Also: Utsa Patnaik

http://democracyandclasstruggle.blogspot.co.uk/2016/05/on-measuring-famine-deaths-different.html

https://monthlyreview.org/2009/07/01/origins-of-the-food-crisis-in-india-and-developing-countries/

http://www.networkideas.org/featart/apr2004/Republic_Hunger.pdf

https://www.youtube.com/watch?v=runO2regkgc


IMPERIALISM READINGS

http://democracyandclassstruggle.blogspot.co.uk/2017/01/russia-new-imperialist-power-by.html

http://democracyandclassstruggle.blogspot.co.uk/2017/01/is-china-socialist-by-barry-naughton.html

http://democracyandclassstruggle.blogspot.co.uk/2014/06/explanations-of-japans-imperialistic.html

http://democracyandclassstruggle.blogspot.co.uk/2014/05/what-is-current-phase-of-imperialism-by.html

http://democracyandclassstruggle.blogspot.co.uk/2014/05/russia-its-monopoly-capital-and-its.html

http://democracyandclassstruggle.blogspot.co.uk/2014/07/brics-and-tendency-to-sub-imperialism.html

LENIN ON IMPERIALISM

http://democracyandclasstruggle.blogspot.co.uk/2016/04/lenin-was-born-22nd-april-1870-in-his.html

CASTE AND IMPERIALISM

http://democracyandclasstruggle.blogspot.co.uk/2016/10/anti-imperialism-and-annihilation-of.html



Saturday, March 18, 2017

Goldman Sachs : From Wall Street Crash to Trumps Economic Planners



We do not agree with political libertarian free market position of James Corbett and recommend you read following to debunk free market capitalist myths

http://democracyandclassstruggle.blogspot.co.uk/2014/09/the-tenacity-of-free-market-ideology.html

Wednesday, February 15, 2017

Thursday, February 9, 2017

Tuesday, January 31, 2017

Is China Socialist ? by Barry Naughton




Abstract

It has been 40 years since Deng Xiaoping broke dramatically with Maoist ideology and the Maoist variant of socialism. Since then, China has been transformed. Forty years ago, in 1978, China was unquestionably a socialist economy of the familiar and well-studied "command economy" variant, even though it was more decentralized and more loosely planned than its Soviet progenitor. Twenty years ago--that is, by the late 1990s--China had completely discarded this type of socialism and was moving decisively to a market economy. China today is quite different both from the command economy of 40 years ago, and from the "Wild West Capitalism" of 20 years ago. Throughout these enormous changes, China has always officially claimed to be socialist. Does the "socialist" label make sense when applied to China today?

SEE FULL ARTICLE HERE :

http://pubs.aeaweb.org/doi/pdfplus/10.1257/jep.31.1.3