Apple’s Planned Obsolescence and the Rate of Profit

Proponents of capitalism insist that it is their system alone that can produce the greatest products available to mankind. It is only via the profit motive that production can hammer together the greatest of quality. There is nothing that can surpass the capitalist mode of production in providing luxury commodities to people through the market,…

Average Unemployment High as Rate of Profit Continues to Stagnate

After the Great Recession, there has remained a historically high duration in unemployment. Even seven years past the event, the U.S. still suffers from long periods of unemployment. Ideas surrounding the solution to this problem remain scarce.  The Fed’s interest rate is still at a near historical low. Economists see little positive effect in lowering…

Why Protectionism Won’t Work This Time

A good deal of the bourgeoisie, left and right, have begun talking about protectionism again. Most well known is of course Donald Trump who has been invoking images of 1950’s America when the father could support his whole family on a single income.[1] This has also begun to appear in Australia with the Labour Party.[2]…

No, Armando Iannuchi, it was Always About Money

A post made by Armando Iannuchi for the “Comment is Free” section of The Guardian news website makes the claim that, “Politics was once about beliefs and society. Now it’s a worship of money”. In the post he goes on to describe how money has become the dominating force in the halls of British Parliament…