Categories
Federal Reserve

The Myth of Financial Control and Bourgeois Ideology: Snider vs. Wang

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 […]

Categories
Marx's Capital

Capital Volume II: Class 3

Readings: Capital II, ch. 4-6 Chapters 4-6 do not entirely hold together and there are key points made in each, so I will separate this out into a few sections. First, chapter 4 contains an important theoretical formulation that fills out some of the scattered theoretical references made in Volume I. What is Marx’s theory […]