Reviews of MHI pamphlet: “Can Income Redistribution Rescue Capitalism?”

Reviews of “Can Income Redistribution Rescue Capitalism?: On Monthly Review’s Factual & Theoretical Myths,” by Andrew Kliman


No, it can’t

First published in Jan. 2014 issue of Socialist Standard, publication of the Socialist Party of Great Britain

Subtitled ‘Monthly Review’s Factual & Theoretical Myths’ most of this pamphlet deals with the theoretical and statistical errors used by the USA’s dominant left-wing journal in explaining the latest capitalist economic crisis. The Monthly Review attributes the crisis to rising income inequality, with the clear implication that income redistribution can rescue capitalism, though it is doubtful that Monthly Review would admit to that implication. Underpinning Monthly Review’s explanation is an underconsumptionist theory of capitalist economic crisis, and this is Kliman’s main target. Underconsumption theory argues, basically, that crises are caused by a lack of effective demand. Read More

Video: Roundtable on “Can Redistribution Solve Capitalism’s Crises?”

December 18, 2013 by  

A roundtable discussion co-sponsored by Marxist-Humanist Initiative (MHI) and Internationalist Perspective (IP) was held at Bluestockings Bookstore in N.Y.C. on Dec. 2, 2013. Read More

Video: “Can Income Redistribution Rescue Capitalism?”

Discussion of New MHI Pamphlet, “Can Income Redistribution Rescue Capitalism?: On Monthly Review’s Factual and Theoretical Myths” by Andrew Kliman

Marxist-Humanist Initiative hosted a public discussion in New York City on Sept. 16 on Andrew Kliman’s just-published pamphlet, “Can Income Redistribution Rescue Capitalism? : On Monthly Review’s Factual and Theoretical Myths.” The new work challenges Monthly Review’s account of the latest capitalist economic crisis. Read More

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