Yes, happy birthday Karl Marx, but his work on political economy was incomplete as he only ever presented exactly half the conceptual picture he intended to publish before he died. In Capital 1 Marx begins with the dialectic of the commodity, saying that it has both use-value and exchange-value, the former representing the utility of the commodity, the later its price in the market.
What I think ‘imperialism’ means comes up a lot in conversations about Syria and other wars. My position is that the word was botched from the beginning because it did not identify the mechanisms by which nations exploit nations.
Delhi, India: Raids have been conducted on the homes and offices of Newsclick editor-in-chief Prabir Purkayastha whose network does some of the best journalism in the country. These raids have been carried out by the Enforcement Directorate, which is controlled by Finance minister Nirmala Sitharaman. This is happening in a climate in which the Modi government and its influencers have been busy accusing anyone who supports the farmers protests of being ‘anti-national’…
