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Goodbye Gonzo, Long Live Gonzo Times! 24 Jul 2013 | 05:03 pm
Want to take over Gonzo Times? We are looking for a new team to come and take over the site. A little over two weeks ago contributors at Gonzo Times made the decision to suspend the site. We are not l...
Harvard Business Review: The ‘liars can figure’ edition 10 Jul 2013 | 12:43 am
According to Justin Fox, a paid apologist for capital at the Harvard Business Review, the difference between the Great Recession and the Great Depression can be summarized in a single chart. Fox expla...
There is likely no exit from Quantitative Easing 8 Jul 2013 | 09:05 pm
There is a lot of talk in policy circles and among speculators on Wall Street that the Federal Reserve will begin to ‘taper off’ its wholesale counterfeiting of fiat dollars before the end of the year...
Facing Down A Gangster: Four measures a small country can take against the United States 7 Jul 2013 | 09:32 pm
I’ve been brain-storming about what a small state can do in an era where the US clearly can dictate terms within the world market. This thinking has been triggered by such recent events as the complet...
The Story of the Egyptian Revolution 4 Jul 2013 | 03:38 pm
The Story of the Egyptian Revolution “Chapter I – the Kickoff” Few weeks before the well known date “25th of Jan 2011”, a group of youth decided to organize a peaceful protest in Tahrir Square “Locate...
A Brief Sketch of the Political Economy of Barbarism 3 Jul 2013 | 01:22 am
So what is the political economy of barbarism (fascism) and can it be critiqued by labor theory? I would suggest this is very difficult, since the law of value no longer operates freely in such a mode...
Follow the money … 30 Jun 2013 | 11:46 pm
Barbarism, Fascism or the American System I am still looking for a good formulation of the idea that Washington is using the dollar to control all capital in the world market. And it ain’t easy. I thi...
Why I became a Maoist-Third Worldist 19 Jun 2013 | 10:42 pm
Introduction Readers may have noticed that I have not been posting articles lately.The reason for this being I have decided to leave Gonzo Times for political reasons that I will explain further. Firs...
The critical role of gold in labor theory (part 2) 15 Jun 2013 | 10:04 pm
In the first part of this series, I make the following statements: The role of a commodity money in labor theory analysis is not determined by the material the state designates as money in the territo...
The critical role of gold in labor theory analysis 14 Jun 2013 | 04:16 am
1. Was Marx fundamentally wrong in his theory of money Does the end of Bretton Woods and of the gold standard invalidate Marx’s argument on money? (When I say ‘gold’ in this case, of course, I mean an...