Surplus Value News Today

Who Was Karl Marx? Karl Marx (1818-1883) was a philosopher, author, social theorist, and economist. general blackjack rules

The inability of United States policy-makers to criticize Israel is unsurprising, since undemocratic authority is the bread and butter of American governance. At the most explicit level, millions of legally disenfranchised people who live and work in the United States, immigrants and prisoners, are excluded from having a say in a government that imposes its authority on them.

The rise to prominence of analyses of racial capitalism represents a breakthrough in Marxian theory. This has necessarily been accompanied by a critique of…

The post-work movement reckons with reproductive labor.

Seminal essay from 1979 from Diane Elson arguing for the importance of Marx’s “Value Theory of Labour.” The essay was a product of debates within the Conference of Socialist Economists (CSE). Full PDF of the essay also below. Note: As Soren Mau pointed out, more than two decades before Elson, Raya Dunayevskaya suggested that we should speak of the ‘value theory of labour’ rather than the ‘labour theory of value’. See 'The Logic and Scope of Capital, Volumes II and III' he...

Michael A. Lebowitz — The law of value works in mysterious ways. For some Marxists, it underlies everything we need to know about capitalism. But, just as Marx claimed he was not a Marxist, so too might he have said, “that’s not my law of value.”

Michael Lebowitz expounds on the simple truths found in Marx's theory of value—truths that, nonetheless, have been obscured by decades of incomplete theorizing…

John Bellamy Foster — The word degrowth stands for a family of political-economic approaches that, in the face of today’s accelerating planetary ecological crisis, reject unlimited, exponential economic growth as the definition of human progress.

In the introduction to this summer's special issue on "Planned Degrowth," John Bellamy Foster outlines the major themes of degrowth thought, including…

Southern Skies | A 50-year-old poem that binds Bengal to Kerala