Political Economy and the Current Crisis

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Modern patriarchal commodity-producing society is fully inserted in a substantial civilization crisis. It is a crisis of the absolute limit that turns impossible to continuing of this kind of social form. The substantial crisis of this system is due to the fact that their own productive forces are checking its foundation: labor. Labor, while the unique source of valorization of the value commodities, has been substituted by machines. The crisis of the system that had exploded in 2008 is a necessary result of the automation of production processes. This crisis theory had already been stated by Karl Marx, initially in the Grundrisse, (1857-58). Radical Critique Group found in that work some answers to strong signs of crisis that we had been perceived at the beginning of the 90s. This theory, in addition to explaining todayѓ??s world crisis in an accurate form, is the basis to criticizing the totality of an interpretation of the world developed by Traditional Marxism. As a result, todayѓ??s unpredictable changes bring out the historical need and the opportunity to glimpse and to implement the overcoming of capitalism, including its fundamental categories: labor, commodity, money, capital, market, State, and so on. One of its needful pre-conditions is a high level of consciousness concerning the fetishist and patriarchal feature of a society based on the market.
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"The most important fundamental law in any nation is that which institutes money; for money governs the distribution of property, and thus affects in a thousand ways the relations of man to man." -- EdwardKellogg, 1861. Today nearly 14 million Americans are unemployed, another12 million underemployed, 43 million Americans live below the poverty line, 49 million go to bed hungry at night, and an estimated 3 million Americans are homeless. The US Congress created the Federal Reserve in 1913 giving private bankers the power to create money which institutionalized debt slavery for American workers and caused the misery many of the 99% are experiencing today, This panel will review the history of the Fed Reserve creation and describe how this power to create money by private bankers has caused this suffering. Strategies for returning the Constitutional power to create money to the people for the benefit of all Americans will be discussed. With solidarity the present system can be changed to create a world of hope for all Americans.
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Crisis and Capitalism Today: Interpretations and Interventions
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Six years into the deepest crisis of the advanced capitalist world since 1929, this series brings together authors from the 'Future of World Capitalism' book series to discuss the origins, current state and direction of contemporary capitalism
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This panel examines the catastrophic failure of the new model of warfare that was experimented in Libya by the North Atlantic Treaty Organization. The panel will examine the juistifications for NATO's intervention and situate this military exercise in the context of the massive rebellions in Tunisia and Egypt in 2011. The panel will examine the contours of the intervention, especially in relation to the current capitalist crisis. In so far as NATO is the instrument through which the capitalist class of North America and Europe seeks to impose its political will on the rest of the world, this panel will examine the outcomes of that intervention focusing on the increased instability in Libya and the security situation which exploded in Benghazi in September 2012. The intervention in Libyaѓ??characterized by bombing campaigns, military information operations, third party countries, and private contractorsѓ??exemplifies exposed a new experiment. The panel will contend that this experiment has failed.
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Three contributions on the question, Is a Reformist Solution Possible? Hillel Ticktin looks at the conflict between the Keynesians and those who favor a return to 19th Century capitalism; Michael Hudson asks whether Austerity is simply a European mis-step or is the Class War Back in Business, and Robert Brenner analyzes the roots of the crisis looking at Finance and the Real Economy. Suzi Weissman chairs/moderates.
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Rod and Melanie Bush has published a new book entitled Tensions in the American Dream. This new book places the American Dream in the context of the extermination of the Indigenous peoples, African Slavery, Immigration, U.S. Imperialism, and its belief in the doctrine of American Exceptionalism, Race, Class, Gender,and the expansion of U.S. capitalism and its hegemony over the system. This panel seeks to address the pertinent issues raised by the authors of this important text.
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Monopoly capitalism creates the export of capital and modern imperialism, the subjugation of nations. The struggle of oppressed nations for liberation and national equality against imperialism is a direct struggle against monopoly capitalism and aligns with the fight of the working class against exploitation. Workers in imperialist nations must support liberation struggles of oppressed nations in their own interests. The struggle against national oppression and imperialism connects to issues of racism, war, refugees, immigration, trade, manufacturing, wages, etc.
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This panel will provide socialist perspectives on capitalism's ever-worsening ecological crisis. What is to be done -- both today and tomorrow -- and how are we to do it?
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Should the Democratic Socialists of America continue to support Democrats for office, or should they break from the Democratic Party and with others, help to form a new, viable third party completely free of the two party system? This forum is less of a debate and more of a panel discussion with DSA and Green Party member, Jabari Brisport; radical labour historian and North Star editorial board member, Mark Lause; and from the DSA National Political Committee, Dele Balogun.