New book summaries

Capitalist Political Economy, Fascistic Tendencies, and Left Politics in India

I wrote Critical Reflections on Economy and Politics in India: A Class Theory Perspective (published by Brill in 2020) as an attempt to ‘apply’ to the Indian context, some of the general ideas about class presented in my Marxist class theory for a skeptical world (published in 2017). Many scholars argue [...]

By |2020-07-15T14:09:55-04:00Jul 15, 2020|

Monopsony Capitalism and Worker Power in the Global Garment Industry

The pandemic and its economic effects have accelerated many of the changing dynamics that I outline in 'Monopsony Capitalism: Power and Production in the Twilight of the Sweatshop Age'. Indeed, the COVID-19 crisis lays bare the consequences of years of overreach by global brands as well as the growth, consolidation and organisation of suppliers in the apparel industry.

By |2020-06-24T10:00:25-04:00Jun 24, 2020|

Erich Fromm’s Marxist Sociology Forty Years Later

Looking back on Fromm’s legacy today, at a point where sociologists and Marxists are increasingly returning to his work, it is clear that what Fromm left us is a nuanced form of Marxian sociology that can help account for the relations between economic life, political movements, and inner emotional dynamism that underpin many of the changes that we are witness to in the current world situation. In a situation that is rapidly moving into dangerous territory, in what promises to be a recession as deep as 1929, we could do worse today than to look to Fromm for assistance.

By |2020-04-08T11:41:49-04:00Apr 8, 2020|

Debt-Led Exploitation in Brazil

In Brazil, fiscal and monetary policies have favored the financial fraction of capital and established a state and institutional apparatus through which finance extorted income from labor. Together, public debt and taxation form a fiscal complex that, in addition to redistributing surpluses, deepens labor exploitation.

By |2020-02-19T13:13:37-05:00Feb 19, 2020|