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Marxist & Socialist Thought

Labor, exploitation, crises, ideology, planning, and critical perspectives on capitalism and its alternatives.

Policy Analysis Apr 24, 2026

Contemporary 'Rentier Capitalism' as a Policy Story

How Marxist-adjacent and post-Keynesian writers use 'rentier' language to explain stagnation, inequality, and financialization—and where the metaphor helps, strains, or needs better measurement.

Theory Apr 24, 2026

From Sweezy to Sraffa: Monopoly, Prices, and the Classical Revival

How mid‑20th‑century Marxists and neo‑Ricardians tried to explain markups, stagnation, and profit without pretending markets are perfectly competitive—and why their arguments still echo in debates about power and pricing.

Theory Apr 24, 2026

The Labor Aristocracy Debate, Then and Now

A contested Marxist idea holds that better-paid workers in rich countries benefit materially from imperialism—and therefore resist solidarity with the global poor. Here is what the debate actually says, where the evidence stands, and why the argument keeps returning.

Theory Apr 24, 2026

Reproduction Schemas: How Marx Modeled a Whole Economy in Two Departments

A plain-language walk through Marx’s simple and extended reproduction tables: what Departments I and II are, why macro pedagogy still uses them, and how they connect to later debates about growth, crisis, and input–output ideas.

Theory Apr 24, 2026

From Luxemburg to Rosenberg: Imperialism as Theory, Not Just Slogan

Rosa Luxemburg’s argument that capitalism needs non-capitalist peripheries, and how Justin Rosenberg and international political economy revived materialist accounts of the global system.

Theory Apr 24, 2026

The Transformation Problem: What Was the Fight About?

Why Marx’s labor values and capitalist prices diverge, how Böhm-Bawerk and later economists framed the puzzle, and what is at stake beyond algebra.

Policy Analysis Apr 24, 2026

Worker Cooperatives and Market Socialism: Promise, Evidence, and Hard Questions

Can worker‑owned firms deliver efficiency and equality together? A plain‑language tour of cooperative models, Yugoslav experiments, Mondragón, and modern empirical lessons—without treating ownership as magic or markets as neutral.

History Apr 22, 2026

The Socialist Calculation Debate: Mises, Lange, and Hayek

The twentieth century's most consequential argument about whether a planned economy can work — and why it matters for understanding markets, planning, and modern platform economies.

Theory Apr 18, 2026

Value, Surplus, and Exploitation: Marx's Account Without Slogans

A careful walk through the core categories of Capital Vol. 1 — use-value, exchange-value, surplus value, and exploitation — explained without cheerleading or dismissal.

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