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Labor, Loyalty, and Rebellion
On April 5, 1918, as American troops fought German forces on the Western Front, German American coal miner Robert Prager was hanged from a tree outside Collinsville, Illinois, having been accused of disloyal utterances about the United States and chased out of town by a mob. In Labor, Loyalty, and Rebellion: Southwestern Illinois Coal Miners and World War I, Carl R. Weinberg offers a new perspective on the Prager lynching and confronts the widely accepted belief among labor historians that workers benefited from demonstrating loyalty to the nation. The first published study of wartime strikes in southwestern Illinois is a powerful look at a group of people whose labor was essential to the war economy but whose instincts for class solidarity spawned a rebellion against mine owners both during and after the war. At the same time, their patriotism wreaked violent working-class disunity that crested in the brutal murder of an immigrant worker. Weinberg argues that the heightened patriotism of the Prager lynching masked deep class tensions within the mining communities of southwestern Illinois that exploded after the Great War ended.
Dialectics of Class Struggle in the Global Economy
Much ink has been spilled in attempts to prove that humans are only animals and are, like other species, only aggressive. Marx distinguishes both class and cooperative relations as inorganic: humans create their subjectivity through their mutual social production. They build upon their previous forms of social production and, with capitalism, become not only an opposition of classes, but have the capacity for urban individualism and cooperation. Dialectics of Class Struggle examines the historical development of classes from ancient times to present. It analyses the development of ancient slavery into feudalism and the latter into capitalism. It focuses on the laws and limits of capitalist development, the contradictions inherent in the capitalist state, revolutions in the twentieth century and the possibilities for human freedom that they revealed. It concludes with an examination of class struggles in the global economy and shows the human deprivations as well as the human possibilities.
Social Economy
Is socialism an objective development of capitalism? Everling argues that economic expansion can now best be secured by forms of development that take us beyond capitalism.
Class-Conscious Coal Miners
Bituminous coal miners in Central Pennsylvania were among the most militant and class-conscious workers in the United States in the post-World War I era. Class-Conscious Coal Miners examines the development of working-class consciousness as they fought to sustain their union, jobs, communities, and work pejoratives, what they described as the Miner's Freedom, against mechanization and operator open shop drives in the 1920s. Their struggles brought them into conflict with coal companies, a pro-business federal government, and the business-unionist leadership of the United Mine Workers of America. After the collapse of the bituminous coal industry in Central Pennsylvania starting in the 1950s, working-class consciousness gradually diminished until, in the present century, there has been a marked shift toward political conservatism.
The Labour Theory of Value
Exploring the origins and development of the labour theory of value, Peter Dooley examines its emergence from the natural law philosopher of the sixteenth and seventeenth century and its domination of the classical school of economics. This book will prove to be essential reading for all students of the history of economics.
The Enigma of Globalization
Globalization is theorized in this book as an emerging new stage of capitalism. Robert Went takes us on a journey from the historical roots of globalization through to its relevance in the modern day.The Enigma of Globalization is a timely addition to an important debate and covers such themes as:* International trade* Free trade and international
A Political Economy of Contemporary Capitalism and its Crisis
The recent financial meltdown and the resulting global recession have rekindled debates regarding the nature of contemporary capitalism. This book analyses the ongoing financialization of the economy as a development within capitalism, and explores the ways in which it has changed the organization of capitalist power. The authors offer an interpretation of the role of the financial sphere which displays a striking contrast to the majority of contemporary heterodox approaches. Their interpretation stresses the crucial role of financial derivatives in the contemporary organization of capitalist power relations, arguing that the process of financialization is in fact entirely unthinkable in the absence of derivatives. The book also uses Marx’s concepts and some of the arguments developed in the framework of the historic Marxist controversies on economic crises in order to gain an insight into the modern neoliberal form of capitalism and the recent financial crisis. Employing a series of international case studies, this book will be essential reading for all those with an interest in the financial crisis, and all those seeking to comprehend the workings of capitalism.
Against Utility-Based Economics
Utility-based theory and the fallback choice-theoretic framework are shown to be biased, irremediably flawed and misleading. A radically different theory of value and of consumer behaviour is proposed based on existential interpretations of scarcity, value and self-interest. For self-conscious mortals, only time is scarce. All other is derivative scarcity. Value is in the life, as a knowledge extract of time, which goes into commodities as direct human labour and depreciated capital, through their production. By structuring their preferences, consumers try to confiscate more of such value per unit of expended income, extending their social presence, soothing their angst and gaining power ove...
Money, Macroeconomics and Keynes
This volume, along with its companion volume, Methodology, Microeconomics and Keynes is published in honour of Victoria Chick, inspired by her own contributions to knowledge in all of these areas and their interconnections. It represents both consolidation and the breaking of new ground in Keynesian monetary theory and macroeconomics by leading figures in these fields.
Ownership Economics
This book presents the first full-length explanation in English of Heinsohn and Steiger's groundbreaking theory of money and interest, which emphasizes the role played by private property rights. Ownership economics gives an alternative explanation of money and interest, proposing that operations enabled by property lead to interest and money, rather than exchange of goods. Like any other approach, it has to answer economic theory's core question: what is the loss that has to be compensated by interest? Ownership economics accepts neither a temporary loss of goods, as in neoclassical economics, nor Keynes's temporary loss of already existing, exogenous money as the cause of interest. Rather, money is created as a non-physical title to property in a credit contract secured by a debtor's collateral and the creditor's net worth. This book is an edited English translation of a highly successful German text, and offers the first book-length treatment of a theory which has received much interest since its first appearance in articles in the late 1970s.
