ISR’s economic analysis on point

I read Joel Geier’s political economic analysis of the most recent crisis of capitalism. It shows you have spent many years studying the two main theories of modern day bourgeois economics. Your article raises a lot of questions and it ties the past twenty-five years to “supply-side economics” first thought up in Milton Friedman’s Chicago School and tapped into the brain of Ronald “Ray Gun” Reagan. Reagan was an actor by trade and a dangerous conservative who got the capitalist ball rolling again after the defeat of U.S. imperialism by the Vietnamese revolution.

As Marxists our main job is to have a clear and concise understanding of the most recent crisis and your article is very much on point.

At the root of a good socialist economic article is the application of the materialist conception of history in its concrete modern form. You did this and I feel as this economic crisis deepens we are all going to be very busy indeed.

Comradely yours,
Tom Siblo
Saugerties, New York

Issue #76

March 2011

Revolt in the Middle East: Another world is possible

Issue contents

Top story

Features

Debates

Critical Thinking

Reviews

  • Gaza’s nightmare shows the truth about Israel

    Hadas Thier reviews Midnight on the Mavi Marmara: The Attack on the Gaza Freedom Flotilla and How It Changed the Course of the Israeli/Palestine Conflict by Moustafa Bayoumi and Gaza in Crisis: Reflections on Israel's War Against the Palestinians by Noam Chomsky and Ilan Pappé
  • The planet and the profit system

    Chris Williams reviews The Ecological Rift: Capitalism's War on the Earth by John Bellamy Foster, Brett Clark and Richard York
  • Ways of resistance in Latin America

    Jason Farbman reviews Dancing with Dynamite: Social Movements and States in Latin America by Ben Dangl and Bolivia's Radical Tradition: Permanent Revolution in the Andes by S. Sándor John
  • The crimes of occupation

    Jim Ramey reviews Aftermath: Following the Blood of America's Wars in the Muslim World by Nir Rosen
WeAreMany.org