Finance and Nature

By Annavajhula J.C. Bose, PhDDepartment of Economics, SRCC The Marxists are very clear about capitalism as inherently abusive of nature: “…the impacts of climate change are becoming a daily reality for ordinary people around the globe, in the form of a seemingly unending round of extreme weather events that range from record snow to total [...]

Term of the Week: Class Consciousness

By Bharati J Krishnan, Deputy Editor A "class", as defined by Cambridge English Dictionary, is "a group of people within society who have the same economic and social position". Most people are aware of their class status, they know—or assume to know—their place in the socio-economic ladder. However, class consciousness goes further than being aware [...]

TOTW: Commodity Fetishism

The process of production in our society is usually quite complicated. When we go to the local store to buy a book, or order one online, we participate in a long chain of activities involving multiple people, from farmers and traders to factory workers and retailers. All of these social relations between different people are [...]