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Marx Memorial Library

Marx Memorial Library

MARX MEMORIAL LIBRARY: POLITICAL ECONOMY FOR TRADE UNIONISTS

There is a series of four classes entitled Political Economy for Trade Unionists taking place in April and May as follows:

 

Tuesday 29 April – Today’s Capitalist Crisis: Banks, Profits, Wages and Austerity

Tutor:  Jonathan White

 

Tuesday 6 May – The Assault on the Workplace: Rights, Conditions and Pay

Tutor: John McGee

 

Tuesday 13 May – The Law and Industrial Relations

Tutor: John Hendy QC

 

Tuesday 20 May – The Assault on Democratic Rights: The threat to labour’s collective voice

Tutor:  Professor Marj Mayo

 

All classes begin at 6.30 in the Lecture Hall at the Library.  The Registration fee for four classes is £12.

 

Dr Laura Miller

Administrator

Marx Memorial Library

37a Clerkenwell Green

London EC1R 0DU

(Tel)  0207 253 1485

(Web site) http://www.marx-memorial-library.org

 

**END**

‘Human Herbs’ – a song by Cold Hands & Quarter Moon: http://www.youtube.com/watch?v=Au-vyMtfDAs

 Posted here by Glenn Rikowski

Glenn Rikowski @ Academia: http://independent.academic.edu/GlennRikowski

Glenn Rikowski on Facebook at: http://www.facebook.com/glenn.rikowski

Volumizer: http://glennrikowski.blogspot.com

Rikowski Point: http://rikowskpoint.blogspot.com

Andrew Kliman

ANDREW KLIMAN AT BOOKMARKS BOOKSHOP

PRESENTS

The Failure of Capitalist Production
with Andrew Kliman
5 March, 6.30pm £2* (refreshments inc)

The recent financial crisis and Great Recession have been analysed endlessly but this is the first book to conclude, on the basis of in-depth analyses of official US data, that Marx’s crisis theory can explain these events.

Kliman’s conclusion is simple but shocking: short of socialist transformation, the only way to escape the stagnant, crisis-prone economy is to restore profitability through full-scale destruction of existing wealth, something not seen since the Depression of the 1930s.

Venue: Bookmarks Bookshop, 1 Bloomsbury Street, WC1B 3QE
*£2 redeemable against any purchase on the night

Please contact us to reserve a place, 020 7637 1848: events@bookmarks.uk.com

Liberate Your Mind!
Bookmarks Bookshop
1 Bloomsbury Street
London
WC1B 3QE
020 7637 1848
http://www.bookmarksbookshop.co.uk

Follow us on twitter: @bookmarks_books

See our book of the month on the website!

**END**

 

‘Maximum levels of boredom

Disguised as maximum fun’

Cold Hands & Quarter Moon, ‘Stagnant’ at: http://www.myspace.com/coldhandsmusic (recording) and http://www.youtube.com/watch?v=GLjxeHvvhJQ (live, at the Belle View pub,Bangor, northWales)  

 

‘Stagnant’ – a new remix and new video by Cold Hands & Quarter Moon: http://www.youtube.com/watch?v=YkP_Mi5ideo  

‘Cheerful Sin’ – a song by Victor Rikowski: http://www.youtube.com/watch?v=tIbX5aKUjO8

 

Posted here by Glenn Rikowski

The Flow of Ideas: http://www.flowideas.co.uk

Online Publications at: http://www.flowideas.co.uk/?page=pub&sub=Online%20Publications%20Glenn%20Rikowski

Glenn Rikowski on Facebook at: http://www.facebook.com/glenn.rikowski

Andrew Kliman

THE FAILURE OF CAPITALIST PRODUCTION: UNDERLYING CAUSES OF THE GREAT RECESSION

The Failure of Capitalist Production: Underlying Causes of the Great Recession
Andrew Kliman

Paperback | 9780745332390 | £17.99 / $29
Hardback | 9780745332406 | £60 / $95

For more information or to buy the book visit: http://www.plutobooks.com/display.asp?K=9780745332390

‘One of the very best of the rapidly growing series of works seeking to explain our economic crisis…The scholarship is exemplary and the writing is crystal clear. Highly recommended!’ – Professor Bertell Ollman, New York University, author of ‘Dance of the Dialectic’

‘Clear, rigorous and combative. Kliman demonstrates that the current economic crisis is a consequence of the fundamental dynamic of capitalism, unlike the vast bulk of superficial contemporary commentary that passes for economic analysis.’ – Rick Kuhn, Deutscher Prize winner, Reader in Politics at the Australian National University

‘Among the myriad publications on the present day crisis, this work stands out as something unusual. Kliman is an excellent theorist, and an equally excellent analyst of empirical data.’ – Paresh Chattopadhyay, Université du Québec à Montréal

The recent financial crisis and Great Recession have been analysed endlessly in the mainstream and academia, but this is one of the few books to conclude, on the basis of in-depth analyses of official US data, that Marx’s crisis theory can explain these events.

Marx believed that the rate of profit has a tendency to fall, leading to economic crises and recessions. Many economists, Marxists among them, have dismissed this theory out of hand, but Andrew Kliman’s careful data analysis shows that the rate of profit did indeed decline after the post-World War II boom and that free-market policies failed to reverse the decline. The fall in profitability led to sluggish investment and economic growth, mounting debt problems, desperate attempts of governments to fight these problems by piling up even more debt – and ultimately to the Great Recession.

Kliman’s conclusion is simple but shocking: short of socialist transformation, the only way to escape the ‘new normal’ of a stagnant, crisis-prone economy is to restore profitability through full-scale destruction of existing wealth, something not seen since the Depression of the 1930s.

ANDREW KLIMAN is Professor of Economics at Pace University, New York. He is the author of ‘Reclaiming Marx’s ‘Capital’: A Refutation of the Myth of Inconsistency’ and many writings on crisis theory, value theory and other topics.

Acknowledgements
List of Abbreviations
List of Tables
List of Figures

1. Introduction
2. Profitability, the Credit System, and the “Destruction of Capital”
3. Double, Double, Toil and Trouble: Dot-com boom and home-price bubble
4. The 1970s – Not the 1980s – as Turning Point
5. Falling Rates of Profit and Accumulation
6. The Current-cost “Rate of Profit”
7. Why the Rate of Profit Fell
8. The Underconsumptionist Alternative
9. What Is to Be Undone?

Bibliography
Index

INSPECTION COPIES

To request an inspection copy please send the following details to jonm@plutobooks.com:

– the course name
– the level of the course (level one, two, three or post-graduate)
– the start date of the course
– expected number of students on the course
– name of local (or university) bookshop
– full university address (this is where the book will be sent)

We need all these details to be able to be able to process a request. Inspection copies are provided with an invoice that is cancelled if the book is adopted for a course, or returned in a resalable condition.

You can also request inspection copies using our online form at www.plutobooks.com/lecturers.asp.

EBOOKS
Many Pluto books are available electronically. Libraries can subscribe to the Pluto eBook list via The Academic Library (www.theacademiclibrary.com). Individual titles can be ordered from many vendors, including Dawson (www.dawsonera.com) in the UK and Ingram (www.myilibrary.com) in the UK, US and worldwide.

REVIEW COPIES
If you would like to request a copy of a book to review for a journal or other publication, please email our publicity manager Jon Wheatley atjonw@plutobooks.com, providing your contact details and the name of the publication you intend to review the book for.

ORDERS
To place an order, visit our website at www.plutobooks.com.

Best regards,
Jonathan Maunder

Academic Marketing
Pluto Press
Email: jonm@plutobooks.com
Tel: 020 8348 2724
www.plutobooks.com

 

**END**

 

‘I believe in the afterlife.

It starts tomorrow,

When I go to work’

Cold Hands & Quarter Moon, ‘Human Herbs’ at: http://www.myspace.com/coldhandsmusic (recording) and http://www.youtube.com/watch?v=2h7tUq0HjIk (live)

 

‘Maximum levels of boredom

Disguised as maximum fun’

Cold Hands & Quarter Moon, ‘Stagnant’ at: http://www.myspace.com/coldhandsmusic (recording) and http://www.youtube.com/watch?v=GLjxeHvvhJQ (live, at the Belle View pub, Bangor, north Wales)  

 

‘Cheerful Sin’ – a new song by Victor Rikowski: http://www.youtube.com/watch?v=tIbX5aKUjO8

 

Posted here by Glenn Rikowski

The Flow of Ideas: http://www.flowideas.co.uk

Volumizer: http://glennrikowski.blogspot.com

Online Publications at: http://www.flowideas.co.uk/?page=pub&sub=Online%20Publications%20Glenn%20Rikowski

Glenn Rikowski on Facebook at: http://www.facebook.com/glenn.rikowski

Mute

NEW BLOG ON SOCIAL NETWORK UNIONISM

Social Network Unionism Blog: http://snuproject.wordpress.com/

About the SNU Project

Social Network Unionism Project is not only about the rise in the recent developments in P2P technology, the phenomenon called Web 2.0, and conceptualising the transformatory impact of these technical developments on unions at national and international levels, and labour movement in general. Besides defining the concept of SNU, by looking closely to the existing practices within and without established unions and labour organisations, the project also aims at promoting a new type of working class organisation that takes online and real world social, peer to peer networking principles into the core of its existence.

The idea is based on the premise that the development in the mentioned communication and media technology since 2004 onwards has created new organisational capacities for networks. There are already astonishing experiments taking place in the field, from whose successes and failures we can learn and upon them we can build new models; not only to grow in members and fight back stronger but also to form wider alliances and start building new social, economic and political norms and cultures bottom up.

Based on these insights our objective is to explore further on the potential of SNU concept, in terms of reaching out the unorganisible, activating organised rank and file, making direct democracy a reality, and bridging as much transformatory social forces as possible through this blog. We hope to such concept and effort would contribute to the global process of union revitalization and may be further to the general emancipation of labour from ‘work’, as feed for the greed for private profit and power.

Posted here by Glenn Rikowski

The Flow of Ideas: http://www.flowideas.co.uk

MySpace Profile: http://www.myspace.com/glennrikowski

The Ockress: http://www.theockress.com

Rikowski Point: http://rikowskipoint.blogspot.com

Glenn Rikowski on Facebook at: http://www.facebook.com/glenn.rikowski

Volumizer: http://glennrikowski.blogspot.com

World Crisis

CENTRE FOR THE STUDY OF EDUCATION AND WORK – UPDATE 10th APRIL 2011

EVENTS

POPULAR EDUCATION: LEARNING TO ORGANIZE FOR CHANGE

Popular Education: Learning to Organize for Change is designed to build your understanding and experience in processes to lead groups in social justice education and activist organizing. If you are an educator, community organizer or worker looking for an experiential process to help you build greater consciousness in groups and lead others to act, this course could be for you.

After exploring an overview of popular education principles, you will participate in hands-on approaches and tools for; bringing groups together, creating spaces for dialogue, analysing the situation you hope to change, planning and taking action and evaluating group processes. In the final two evenings of the course, we will focus on specific feedback and problem solving to help each participant use popular education relevant to their own context. All participants will have the opportunity to present possible workshop processes, activities or dilemmas so that the group can offer their ideas and support. No experience necessary, but experience is welcome!

Dates and Times: (attendance for each day required for the certificate)
Saturday June 25th:  10:00 a.m.-6:00 p.m.
Sunday June 26th:  10:00 a.m.-6:00 p.m.
Wednesday June 28th:  6:00-9:00 p.m.
Thursday June 29th:  6:00-9:00 p.m.

Cost: $203.40 (Cdn). Scholarships and bursaries are available. Email heather.read@utoronto.ca to inquire.

To register: http://www.oise.utoronto.ca/tlc/Summer_Institute/Registration.html
CODE SI-009 W
Deadline June 21

About the Facilitator: Christine McKenzie is a popular educator who has developed and facilitated anti-oppression organizing processes with diverse groups in Canada and Central America for the past 15 years. She has led popular education trainings with groups such as the Canadian Auto Workers Union, Equitas International Centre for Human Rights Education, and the Girls Action Foundation, among others.

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SANCTUARY SCHOOLS FORUM

Saturday May 7th
10am – 1pm
Ontario Institute for Studies in Education (OISE), Room 2-211
252 Bloor St. West
Toronto

Our schools, and especially our students and their parents, are increasingly under attack. Teachers have a unique and special responsibility to ensure that our schools can be places of sanctuary where we can all create the socially just and equitable communities we expect and deserve.

Often teachers find ourselves working in isolation from our colleagues, from the communities we work in, and from the lives of our students and their families. The Sanctuary Schools Forum will be an opportunity to break this isolation, and connect teachers to each other as well as to the social movements being led by our students and their communities.

Forum topics:        
* Gender Based Violence & Supporting LGBTQ2 Youth and their Families
* Don’t Ask Don’t Tell: Keeping Students Safe from Deportation
* Protecting Students from Police in Schools
* Movement Building: Mobilizing Teachers to Resist Neo-Liberalism

Child care provided upon request.
Organized by Educators for Peace & Justice and No One Is Illegal

Register at: http://bit.ly/SanctuarySchoolForum

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BEARING WITNESS, CREATING HOPE: 10 YEARS OF RABBLE.CA

April 18, 2011
7:00pm – 11:00pm
The Gladstone Hotel
1214 Queen Street West
Toronto

rabble.ca invites you to join us in celebrating 10 years of rabble.ca, April 18th at the Gladstone Hotel in Toronto!

Join moderator and rabble founder Judy Rebick, and special guests for a panel discussion on the state of Canadian left politics, historical memory, and the upcoming federal election, and stay on after for a reception and party featuring Toronto’s criticaly acclaimed LAL and dancing with DJ b#!

Can’t join in person? This event will also be streamed live: http://rabble.ca/rabbletv

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EXHIBITION – EDWARD BURTYNSKY: OIL
Opens Saturday, April 9

Institute for Contemporary Culture
Roloff Beny Gallery, Level 4
Royal Ontario Museum, Toronto

Ryerson Gallery and Research Centre, Scotiabank CONTACT Photography Festival and Scotiabank Group present Edward Burtynsky: Oil, hosted by the ROM’s Institute for Contemporary Culture. The exhibition features fifty-three beautiful and provocative large-format photographs by internationally renowned Canadian artist Edward Burtynsky. His images explore the hotly-debated effects of oil extraction, our international dependency on the substance, and with an unflinching eye, Burtynsky presents us with the reality of oil production as its role in our civilization undergoes massive transformation.

Read more about the exhibition: http://www.rom.on.ca/exhibitions/special/oil.php

Related Event at the ROM:
Downstream: The Oil Sands Industry and the Athabasca River April 13, 7-8 pm

Learn of the controversy over the role of pollution from the oil sands industry in causing cancer deaths in Fort Chipewyan on the Athabasca River in Alberta.
http://www.rom.on.ca/programs/lectures/index.php?ref=showinfo&program_id=6839

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RICE (RESEARCHING INTERNATIONAL & CONTEMPORARY EDUCATION) SYMPOSIUM – THEORIZING INTERNATIONAL EDUCATION: (SHIFTING) CONTEXTS, CONCEPTS, METHODS

Friday, April 15, 2011
Faculty of Education – Althouse College
University of Western Ontario
London, ON

Featuring Keynote Speaker Dr. Jane Kenway, Monash University, Australia

We are anticipating a thought-provoking, discussion-rich day. To see more details and to register please go to: http://www.edu.uwo.ca/research/cie/rice/symposiumDetails.html

If you are planning on coming to the event, a couple of important notes:
– We have had some technical difficulties with the registration process, but the system is now fixed. If you have already registered please do so again as we might not have received your submission.
– Once you register please mail in your cheques as soon as possible (according to the details on the website) so they we can better organize the catered lunch and drinks.
– Check out the website for more details in early April for a suggested format on how you can contribute your research in our last informal sharing session and also to read invited paper submissions (will be posted by April 8) that will be discussed during session ii of our symposium.

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WORKERS’ ASSEMBLY COFFEEHOUSE: PUBLICATIONS, MOVEMENT BUILDING, AND RADICAL TRANSFORMATION

Thursday, April 21
7:30 pm
Reagle Beagle
335 Bloor St West (east of Spadina), back room
Toronto

This forum brings together a multi-generational panel of activists who have been involved in publishing movement publications on the political left, from the older and more well-established to more recent projects. By sharing their experiences and reflecting on both the significance and challenges of this work – from political to financial – it is our hope that we can develop and expand on our analysis of the important role such publications play for advancing our struggles, as places for dialogue and debate, educating, agitating and organizing, as well as for strategizing and visioning otherwise.

Speakers:
– Clare O’Connor, Upping the Anti and UofT OPIRG
– Chanteal-Lee Winchester, UofT OPIRG – Action Speakers Louder
– Noaman Ali, Basics
– Paul Kellog, Former Editor of Socialist Worker
– Leo Panitch, Socialist Register
– Mick Sweetman, Linchpin

For more info: http://www.workersassembly.ca

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NEWS & VIEWS

VIDEO: RAISE WELFARE AND DISABILITY RATES, RESTORE THE SPECIAL DIET!

It has been 16 long years since Mike Harris cut welfare and froze disability. McGuinty’s Liberals have been in power for half that time and done nothing to deal with poverty. In fact people are worse off today. It would take a 55% increase to bring benefits to pre-Harris levels. If benefit levels were restored to the same level of spending power as they had in 1994, a single person on Ontario Works would now be receiving $904 a month instead of the miserable $593 now being issued.

Now as the economy continues to slump and the need is greater than ever, this government is destroying the vital Special Diet Allowance that has enabled people to survive…The new Special Diet comes into affect on April 1st, 2011 and all those who are not eligible under the new program will be cut off by July 31st.

Watch the video: http://www.socialistproject.ca/leftstreamed/ls98.php

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MINISTERS OF EDUCATION CELEBRATE INTERNATIONAL ADULT LEARNERS’ WEEK

TORONTO, April 8 /CNW/ – Ministers of education joined this week with Canadians to celebrate International Adult Learners’ Week (IALW 2011).

First established in 2000 by the United Nations Educational, Scientific and Cultural Organization (UNESCO), IALW serves to raise awareness of the importance of adult learning and its integral role in the lifelong learning process.

Read more: http://news.morningstar.com/all/canada-news-wire/20110408C2581/ministers-of-education-celebrate-international-adult-learners-week.aspx

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AGAINST CATASTROPHISM

By Doug Henwood, Left Business Observer

This is the text of my introduction to a panel on catastrophism that (Catastrophism and the Crisis of the Left) I MC’d at the Left Forum, March 19, 2011, at Pace University, New York.

Events in Japan have gotten me thinking about crises in general. At first, I thought that it might promote the realization that finding clean, renewable forms of energy may the most urgent task facing us today. But then I thought back a bit to other energy-related crises. One of my beefs with the peak oilers, aside from the empirical one in which I suspect that they’re just wrong about hydrocarbon production, is that impending scarcity doesn’t make people more amenable to rational argument—it inclines them to desperate measures.

Read more: http://lbo-news.com/2011/04/08/against-catastrophism/

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A NEW TRADE UNIONISM IN THE MAKING?

From The Bullet

A trade unionism that is able to facilitate and express the practical knowledge of its members, as workers and as citizens, is critical to the renewal of public services and for confronting a global politics of austerity. Hilary Wainwright has been at the forefront of such attempts to forge a new public sector unionism for some time. She has attempted to link the struggle over the state with the building of the popular power and democratic capacities necessary for a renewal of unionism, and also the socialist project.

We are at the beginning of what will likely prove to be a long phase of public sector struggle in Canada and the U.S. The Bullet publishes here a recent contribution by Wainwright to the debate on union renewal. There is a need for many more such interventions, from a variety of perspectives, from militants and activists in North America as part of the coming battles against the ruling classes’ attempts to forge a new ‘age of austerity’.

Read more: http://www.socialistproject.ca/bullet/488.php

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CORPORATE INCOME TAXES, PROFIT, AND EMPLOYMENT PERFORMANCE OF CANADA’S LARGEST COMPANIES

By David Macdonald, Canadian Centre for Policy Alternatives

This study tracks 198 companies on the S&P/TSX composite from 2000 through 2009 and finds those companies—Canada’s largest corporations—are making 50% more profit and paying 20% less tax than they did a decade ago.

However, in terms of job creation, they did not keep up with the average growth of employment in the economy as a whole. From 2005 to 2010, the number of employed Canadians rose 6% while the number of jobs created by the companies in the study grew by only 5%. In essence, the largest beneficiaries of corporate tax cuts are dragging down Canadian employment growth.

Read more: http://www.policyalternatives.ca/publications/reports/corporate-income-taxes-profit-and-employment-performance-canadas-largest-compa

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NEW RESEARCH PAPER – HEALTH AND HEALTH CARE NEEDS IN RURAL AND NORTHERN ONTARIO: A HOLISTIC NURSING PERSPECTIVE

I would like to bring your attention to a newly released research paper I’ve written through my work with the Ontario Nurses’ Association, which is the RN union in Ontario. The paper is called “Health and Health Care Needs in Rural and Northern Ontario: a holistic nursing perspective.” The paper has a feminist analysis of health issues, as well as insight from front line nurses, among other elements. It can be found at: http://www.ona.org/political_action/submissions_to_government.html#ruralandnorthernhealthcare

Salimah Valiani, PhD
Policy Analyst/Economist
Communications and Government Relations Team
Ontario Nurses’ Association

(END)
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ABOUT CSEW (CENTRE FOR THE STUDY OF EDUCATION & WORK, OISE/UT):

Head: Peter Sawchuk
Co-ordinator: D’Arcy Martin

The Centre for the Study of Education and Work (CSEW) brings together educators from university, union, and community settings to understand and enrich the often-undervalued informal and formal learning of working people. We develop research and teaching programs at the Ontario Institute for Studies in Education (UofT) that strengthen feminist, anti-racist, labour movement, and working-class perspectives on learning and work.

Our major project is APCOL: Anti-Poverty Community Organizing and Learning. This five-year project (2009-2013), funded by SSHRC-CURA, brings academics and activists together in a collaborative effort to evaluate how organizations approach issues and campaigns and use popular education.

For more information about CSEW, visit: http://www.csew.ca

—END—

‘I believe in the afterlife.

It starts tomorrow,

When I go to work’

Cold Hands & Quarter Moon, ‘Human Herbs’ at: http://www.myspace.com/coldhandsmusic (recording) and http://www.youtube.com/watch?v=2h7tUq0HjIk (live)

Posted here by Glenn Rikowski

The Flow of Ideas: http://www.flowideas.co.uk

MySpace Profile: http://www.myspace.com/glennrikowski

The Ockress: http://www.theockress.com

Rikowski Point: http://rikowskipoint.blogspot.com

Money, money, money

PRIVATE EQUITY, CORPORATE TURBULENCE AND LABOUR REGULATION

Call for Papers
Private Equity, Corporate Turbulence and Labour Regulation

ESRC/Middlesex University One Day Workshop
Monday June 13th  2011, University of Geneva, Switzerland

Concerns over the role of private equity in shaping corporate behaviour were already apparent in the years immediately preceding the Great Financial Crash of 2008. In 2006 alone buy-outs of businesses by private equity organisations amounted to US$ 725bn. – equivalent to the economies of Argentina, Poland and South Africa combined. One quarter of all takeovers before the financial crash were financed by such private equity.

Major household names, such as Nabisco, Carrefour, Gate Gourmet and EMI have already fallen to such venture capital. Private equity finance depends on leverage, or the ability to borrow money to raise more finance. There is thus a dependence on debt, which enormously increases the risk of such investment. Up until the financial crash such risky ventures produced huge returns for the financiers, but after the crash such debt led to huge losses. Harvard University, for example, lost millions of dollars from its funds after it had mistakenly switched to private equity investment as an alternative to stocks and bonds. The result was lay-offs and redundancies of workers to cover the cost, a pattern of events being repeated elsewhere for workers whose employing organisation is dependent on debt finance.

Such ‘short-termism’ appears built in to the private equity model, as the financiers seek immediate gains from their investments at the cost of longer term corporate stability. Employees and their unions are faced with continuous episodes of restructuring as corporations are treated as ‘bundles of assets’ and plants are sold off to make profits or avoid losses. Productive investment in a company becomes less likely, as it is an additional cost to the remote owners. Workers suffer from increased job insecurity as off-shoring and contracting-out is encouraged, while industrial relations and collective bargaining becomes a casualty of corporate instability and ‘invisible’ employers.

This seminar will discuss and debate the continuing problems of private equity finance and corporate turbulence by bringing together academics and practitioners from trade unions, government bodies, employers and NGOs to discuss policy initiatives. The seminar is convened by Middlesex University, London and funded by the UK’s Economic and Social Research Council. It is part of a series of seminars examining global labour regulation in the international economy. Previous seminars reviewed problems arising from the increasing use of contract and agency labour, and migrant workers.

Overview speakers include:

Professor John Grahl (Middlesex University) on Restructuring under the Rule of the Capital Markets: the case of private equity? and
Professor Geoff Wood (Sheffield University), Professor Marc Goergen (Cardiff University) and Professor Noel O’Sullivan (University of Sheffield) with a data presentation on The Employment Consequences of Private Equity Acquisitions: The Case of Institutional Buy-Outs.

Plus speakers from International Trade Union Federations on the trade union response.

If you wish to contribute a paper to this seminar, or wish to attend as a delegate please contact below. We are particularly keen to hear case study presentations on labour-related problems flowing from private equity and institutional buy-outs. Some financial assistance may be available for selected presenters to cover costs of travel and accommodation.

For more information, and registration at the Seminar, please contact Professor Martin Upchurch, Middlesex University, London, UK: m.upchurch@mdx.ac.uk or Denise Arden d.arden@mdx.ac.uk

Further information on the seminar series can be found at Beyond Labour Regulation blog: http://www.globalworkonline.net/blog/private-equity-corporate-turbulence-and-labour-regulation/

Posted here by Glenn Rikowski

The Flow of Ideas: http://www.flowideas.co.uk

MySpace Profile: http://www.myspace.com/glennrikowski

The Ockress: http://www.theockress.com

Rikowski Point: http://rikowskipoint.blogspot.com

Glenn Rikowski on Facebook at: http://www.facebook.com/glenn.rikowski

Volumizer: http://glennrikowski.blogspot.com

Karl Marx

FREE COURSE ON MARX’S ‘CAPITAL’

Free course on Marx’s Capital at Middlesex Philosophy Department, 15 October-12 November 2010

Starting on Friday 15 October at 4pm, Meade McCloughan will present an exposition of the main argument of volume 1 of Marx’s Capital, in four parts.

The course will focus on the conceptual structure of the text, with special attention paid to key passages.

– 15th October.  Commodities and money: The mystery of surplus value.

– 22nd October.  Capital and labour: The mystery of surplus value solved.

– 29th October.  The dynamics of capitalist production: Absolute and relative surplus value, formal and real subsumption.

– 12th November.  The accumulation of capital; crises, revolution and communism.

The Penguin Marx Library/Penguin Classics edition (tr. Ben Fowkes) will be used.

This course is free and open to the public. All welcome.

Time: Fridays 4-6pm. Please note the hiatus during the week ending 5 November.

Place: Room M009 (The Green Room), Mansion Building, Middlesex University, Trent Park campus, Bramley Road, London N14 4YZ.

Tube: Piccadilly line to Oakwood station, free bus to campus.

Further enquiries: c.kerslake@mdx.ac.uk

Philosophical resources on the Web can be found at http://www.liv.ac.uk/pal  

Posted here by Glenn Rikowski

The Flow of Ideas: http://www.flowideas.co.uk

MySpace Profile: http://www.myspace.com/glennrikowski

Cold Hands & Quarter Moon at MySpace: http://www.myspace.com/coldhandsmusic

Cold Hands & Quarter Moon Profile: https://rikowski.wordpress.com/cold-hands-quarter-moon/

The Ockress: http://www.theockress.com

Wavering on Ether: http://blog.myspace.com/glennrikowski

Global Economic Crisis

REVIEW SYMPOSIUM ON ‘GLOBAL CAPITALISM IN CRISIS’

Dear reader

I am editor of the Politics and International Relations journal Global Discourse (www.global-discourse.com). For our third edition we are publishing a special edition on Marxian Thought and the Contemporary World.

We would like to have a book review symposium on Global Capitalism in Crisis: Karl Marx & The Decay of the Profit System by Murray E. G. Smith and we are seeking two reviewers. The book is outlined here: www.fernwoodpublishing.ca/Global-Capitalism-in-Crisis-Murray-EG-Smith

Our book review section is interactive and we invite a reply from the author. For an example of our format please look at the Andrew Linklater book symposium: http://global-discourse.com/contents/critical-theory-and-world-politics-by-andrew-linklater/

If you would like to review ‘Global Capitalism in Crisis’ please contact me (m.d.edward@ncl.ac.uk). I can post a copy out asap.

Best wishes
Mark Edward

For a related post here, see: Global Capitalism in Crisis: Karl Marx and the Decay of the Profit System, at: https://rikowski.wordpress.com/2010/04/02/global-capitalism-in-crisis-karl-marx-and-the-decay-of-the-profit-system/

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Global Crisis

GLOBAL CAPITALISM IN CRISIS: KARL MARX AND THE DECAY OF THE PROFIT SYSTEM

A new book by

Murray E.G. Smith

 

http://www.fernwoodpublishing.ca/Global-Capitalism-in-Crisis-Murray-EG-Smith/

    • ISBN: 9781552663530
    • Price: $24.95 CAD
    • Publication Date: Mar 2010
    • Rights: World
    • Pages: 172

The world economy is currently experiencing a devastating slump not seen since the Second World War. Unemployment rates are skyrocketing and salaries are plummeting in the developed world, while astronomical food prices and starvation ravage the developing world. The crisis in global capitalism, Smith argues, should be understood as both a composite crisis of overproduction, credit and finance, and a deep-seated systemic crisis. Using Marx to analyze the origins, implications and scope of the current economic slump, this book argues that the crisis needs to be understood structurally, as the result of a system prone to crisis, rather than as an aberration.

CONTENTS:
The Global Economic Crisis: A Marxist Perspective • A Summary of Marx’s Theories of Value, Capital and Crisis • The Necessity of Value Theory: Brenner’s Analysis of the “Long Downturn” and Marx’s Theory of Crisis • Class Struggle and Socialist Transformation: Beyond the Law of Value • The Global Crisis, Marxism and the Malaise of the Anti-Capitalist Left • Appendix 1, The Controversy Surrounding Marx’s Theory of Value • Appendix 2, Socially Necessary Unproductive Labour in Contemporary Capitalism • Bibliography • Index

ABOUT THE AUTHOR
Murray E.G. Smith is Professor of Sociology and Labour Studies at Brock University

Posted here by Glenn Rikowski:

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Andrew Kliman

Andrew Kliman

THE PERSISTENT FALL IN PROFITABILITY UNDERLYING THE CURRENT CRISIS

 

A message from Andrew Kliman

Dear Colleagues,

I have just posted a first draft of a longish (27,000 word) paper at: http://akliman.squarespace.com/persistent-fall

It’s entitled “The Persistent Fall in Profitability Underlying the Current Crisis: New Temporalist Evidence.”

It looks at the rates of profit of U.S. corporations, 1929-2007, with emphasis on the period since the early 1980s. The accompanying spreadsheet files will be posted at the same location soon, as soon as I can clean them up.

Comments are welcome.

Best,

Andrew

Andrew Kliman
http://akliman.squarespace.com:  “I Ain’t Gonna Work on Piero’s Farm No More”

Posted here by Glenn Rikowski

The Flow of Ideas: http://www.flowideas.co.uk