The Toronto Star published an article in the Opinion section by the social-democratic reformer here in Toronto, Jim Stanford, on January 8, 2022, which directly relates to a previous post (Economics for Social Democrats–but not for the Working Class, Part Three: The Health and Safety of Workers and an Economy Dominated by a Class of … Continue reading Economics for Social Democrats–but not for the Working Class, Part Four: Is There Such a Thing as a Responsible Employer in Relation to the Health of Workers?
Category: Social Democratic Economics
Economics for Social Democrats–but not for the Working Class, Part Three: Critique of Jim Stanford’s Theory of Money, Part Three, or How Commodities and Money Dominate Our Lives
Introduction I have already criticized Mr. Stanford's definition of money as purchasing power in two previous posts (see Economics for Social Democrats–but Not for the Working Class, Part Two: Critique of the Social Democrat Jim Stanford’s Theory of Money, Part One and Economics for Social Democrats–but not for the Working Class, Part Two: Critique of Jim … Continue reading Economics for Social Democrats–but not for the Working Class, Part Three: Critique of Jim Stanford’s Theory of Money, Part Three, or How Commodities and Money Dominate Our Lives
Economics for Social Democrats–but not for the Working Class, Part Two: Critique of Jim Stanford’s Theory of Money, Part Two
Introduction In a previous post (Economics for Social Democrats–but Not for the Working Class, Part Two: Critique of the Social Democrat Jim Stanford’s Theory of Money, Part One), I questioned Mr. Stanford's theory of money as purchasing power, as well as his implied reduction of Marx's critical dual or twofold theory of commodities to a … Continue reading Economics for Social Democrats–but not for the Working Class, Part Two: Critique of Jim Stanford’s Theory of Money, Part Two
Economics for Social Democrats–but not for the Working Class, Part Three: The Health and Safety of Workers and an Economy Dominated by a Class of Employers Are at Loggerheads
Introduction I was going to continue my next post in this series with a continuation of my critique of Mr. Stanford's definition of money as "purchasing power," but I came across a more directly political issue that should be addressed. I have already had occasion to take a critical look at both Jim Stanford's views … Continue reading Economics for Social Democrats–but not for the Working Class, Part Three: The Health and Safety of Workers and an Economy Dominated by a Class of Employers Are at Loggerheads
Economics for Social Democrats–but Not for the Working Class, Part Two: Critique of the Social Democrat Jim Stanford’s Theory of Money, Part One
Introduction In an earlier post, I indicated that Jim Stanford's view concerning the creation of jobs reflects a social-democratic or social reformist position (see Economics for Social Democrats–but Not for the Working Class, Part One: Critique of Jim Stanford’s One-Sided View of Job Creation in a Capitalist Society). In this post and subsequent posts, I will … Continue reading Economics for Social Democrats–but Not for the Working Class, Part Two: Critique of the Social Democrat Jim Stanford’s Theory of Money, Part One
Economics for Social Democrats–but Not for the Working Class, Part One: Critique of Jim Stanford’s One-Sided View of Job Creation in a Capitalist Society
Introduction The title of this post--and the series of posts that will follow--comes from the title of Jim Stanford's book (2008) Economics for Everyone: A Short Guide to the Economics of Capitalism. If I remember correctly, perhaps less than a year after I had came to Toronto (in 2013), I heard Mr. Stanford present at … Continue reading Economics for Social Democrats–but Not for the Working Class, Part One: Critique of Jim Stanford’s One-Sided View of Job Creation in a Capitalist Society
The Abolitionary 