Tag: capitalism

  • Capitalism: An Introduction

    Text reposted from libcom.org and available in:  Español | Français | Italiano | Português | Türkçe | Nederlands Capitalism: An Introduction At its root, capitalism is an economic system based on three things: wage labour (working for a wage), private ownership or control of the means of production (things like factories, machinery, farms, and offices), and production for exchange and profit. While some people own means of production, or…

  • Capital’s Destruction of the Environment: Marx’s Inadequate Response

      All art by William Morris (1834-1896) This piece engages claims around Marx’s legacy as a thinker and his relation to ecology. A promotional blurb for a volume recently published by Haymarket Books on the subject, Marx and the Earth by John Bellamy Foster and Paul Burkett, goes so far as to claim that the authors are the…