Introduction You work for it; you work with it. You need it to survive; you survive to need it. You’d steal for it; maybe, if the price was right you’d even kill for it. It commands armies, nations, and public policy; often times it means life or death (quite literally). It is both celebrated and […]
The recent BP oil spill into Lake Michigan has spurred some thoughts on the issue of money within our contemporary social order. Precisely so because of how this event has seemed to stir popular intrigue into the social relationships within capitalism and its relation to our natural conditions. On a small anecdote, as far back […]
Here at Anti-Imperialism.com, we are interested in uncovering the laws of motion of global capitalism and the following imperialist mechanisms that perpetuate the divide between oppressed and oppressor nations; one such mechanism, hardly ever mentioned in Leninist (or even mainstream) economics is the mechanism of imperialist seigniorage. Seigniorage is a social relationship of appropriation that […]
This review of David Graeber’s 2011 book, Debt: the First 5,000 Years, was authored by Tony Norfeild and originally published at his website, Economics of Imperialism. As always, reposting here does not imply full agreement, endorsement, or affiliation. The main value of this book is to analyse debt as a social relationship, not simply as an amount […]
