Category Archives: Economics

tom-cruise-crazy May 14

Is Tom Cruise exploited?

We are frequently asked by First Worldists why capitalists would hire workers who ‘are not exploited.’ Because the employment of high-wage workers in imperialist countries generates a profit for their employer, First Worldists reason, these employers must be exploiting their workers. Unfortunately, the line of reasoning fails to recognize the difference between the realization of […]

CorporateEarth2 May 10

Surplus in Economic Systems

One of the most fundamental aspects of society is its economics system, i.e. the mode of production. At the basic level, a mode of production is the means (physical objects) and social relations with which societies produce the material necessities for their existence. All societies must be sustained with food, clean water, shelter, etc. Attaining […]

communist_emblem_by_party9999999-d56m4k2 May 08

Three new books available now

Associates of Anti-Imperialism.com are aiming to launch a more sufficient publication and distribution arm through this year: Red Zone Publishers. In preparation, we are releasing three which are available now. CIA Terrorism in the Third World is an edited version of a series of articles originally posted on Anti-Imperialism.com. Combined into a single publication, it gives […]

bangladeshfactorycollapse May 07

Bangladesh Factory Collapse Shows Contrasts Between First and Third Worlds

In Bangladesh another tragedy has befallen workers in the country’s garment industry. On the morning of April 24th a factory building collapsed in Savar, just outside the capital city of Dhaka. The confirmed death toll as of this writing is over 600, and may approach 1,000, making it so far the most deadly factory incident […]

51BuaGFM6dL._SL500_AA300_ April 19

Mini-Review and Commentary on Zak Cope’s ‘Divided World, Divided Class.’

Divided World, Divided Class: Global Political Economy and the Stratification of Labour Under Capitalism is the first full-length title in over a decade to feature a Third Worldist analysis of modern political economy. It was published in September 2012 by the independent publisher Kersplebledeb and has already been reviewed by several leftist writers, including Matthijus Krul, […]

red_fist April 15

RAIM: An Open Letter Against First Worldism in the ICM

Bangla, Italian, Spanish, and Turkish translations included.

3554_359708004139717_893917150_n April 09

Imperialism Starves 5 Million Children a Year

Globalization: Inequality in the Global Plantation

By Prince Kapone The current crisis of neoliberal capitalism has given rise to much resistance across the world, from the Occupy Wall Street movement in the U.S. to the political revolutions in the Middle East and North Africa. As capitalist regimes everywhere impose austerity measures on their populations, reducing the capitalist state to nothing more […]

MIM(Prisons): Identifying the U.$. Lumpen Starts with Understanding the First World Petty Bourgeoisie

By Soso of MIM(Prisons) MIM(Prisons) is working on a book about the lumpen in the internal semi-colonies of the United $tates. The first chapter, which we are circulating in draft form for peer review, focuses on identifying the lumpen and calculating the size of this group within U.$. borders. Part of this identification first requires […]

RAIM: Seize the Time # 4

Right click, save, print, read, learn, distribute, smash imperialism!

Calculating the Value of Labor

Contrary to popular ‘Marxist’ belief, the value of labor is not indeterminate. A simple equation dividing the total value produced in a given period by the total number of working hours reveals the value of labor. Unlike in Marx’s day when the total value produced in the world economy was unknown, today we can use […]

Matthijs Krul: Book Review: Zak Cope’s “Divided World Divided Class”

There are times when one encounters a book that is frustrating in a way particular to the intellectual life: that is to say, when one encounters a book that is precisely the book one wanted to write. Given the relative obscurity of my interests, this does not happen often to me, but Zak Cope’s Divided World, […]

communist_emblem_by_party9999999-d56m4k2 January 14

New Third Worldist Webforum: R/peoplesliberation

Comrades, Today is the opening day of the second semester of People’s Liberation University, a series of local and online study groups initiated by comrades associated with Anti-Imperialist.com. Along with the re-opening of PLU, we are pleased to announce that we creating an ‘open campus’ environment where anyone (with some obvious qualifications) can participate. The […]

9781856497350 December 20

Colonization and Housewifization (1986)

This is chapter three from the book ‘Patriarchy and Capital Accumulation on a World Scale’ by Maria Mies. The following text will be part of the curriculum of the upcoming second semester of People’s Liberation Universit The Dialectics of ‘Progress and Retrogression’ On the basis of the foregoing analysis, it is possible to formulate a tentative thesis […]

images (1) December 18

Debt, Society, Morality and Imperialism

  This review of David Graeber’s 2011 book, Debt: the First 5,000 Years, was authored by Tony Norfeild and originally published at his website, Economics of Imperialism. As always, reposting here does not imply full agreement, endorsement, or affiliation.      The main value of this book is to analyse debt as a social relationship, not simply as […]

Commodification and democratization of bourgeois privilege vis–à–vis the expansion of personal services under imperialism

Marx defined productive labor as that which produces surplus value. Under these conditions, laborers whose work does not produce surplus value for a capitalist are not exploited in any technical sense. Not so much Marx’s error, but that of whose who claim his legacy, is to conflate the realization of value with the production of […]

Lenin: Imperialism and the Split in Socialism

In light of all the hoopla around the election and specifically in response to all the ‘leftist’ and ‘socialist’ tailing and support for Barry Obama and the Demoncratic Party, is it appropriate to repost this short article by V.I. Lenin, entitled ‘Imperialism and the Split in Socialism.’ Lenin was prescience in regards to a phenomena, the ‘labor aristocracy,’ […]

Review (Part 3 of 3): John Smith, “The GDP Illusion: Value Added versus Value Capture.”

Review (Part 3 of 3): John Smith, “The GDP Illusion: Value Added versus Value Capture.” Monthly Review. July-August, 2012. p 86-102. In two earlier reviews, I focused on the notions of economic surplus and imperialist rent as specific categories within the capitalist-imperialist world-economy. The intent was manifold: first, to demonstrate the mechanisms through which wealth is […]

What is Maoism-Third Worldism?

Maoism-Third Worldism is a theoretical culmination of historical revolutionary practice, a science of understanding the world so as to change it. It is the Marxism of today. Maoism-Third Worldism includes several historical and new paradigmatic shifts in understandings regarding class struggle. These include: All hitherto history is the history of class struggle! Maoism-Third Worldism reaffirms […]

Review (Part 2 of 3): Samir Amin, “The Surplus in Monopoly Capitalism and the Imperialist Rent.” Monthly Review. Vol. 64 No. 3. July-August, 2012.

Over the course of my work, I have inferred that the general rate of exploitation has increased along with the development and maturation of capitalist-imperialism, thus forestalling the tendency of the rate of profit to fall while allowing a minority First World section of the working class to have a ‘cut’ in imperialist superprofits and […]

Follow

Get every new post delivered to your Inbox.

Join 471 other followers