Two of the more offbeat and interesting Federal Reserve analysts these days are Jeffrey P. Snider, Head of Global Research at Alhambra Investments, and Joseph Wang, author of the self-published book Central Banking 101. Both authors seek to unearth the complexity and mystique of this ostensibly powerful capitalist institution (Snider through his blog and Wang […]
Tag: anarchy of production
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Capital Volume II: Class 11
Readings: Capital II, ch. 20 (sections 6-13), 21 Returning to a point I have made multiple times, the implication of Marx’s theory in Capital is that the anarchic capitalist system needs to be replaced with an egalitarian, planned economy. His project is to render visible all of the hidden and ignored inefficiencies in capitalism so […]
World of Lenidzky 