The origins of the proletariat must be sought in the historical period when feudal society organized itself around the economy and was transformed into capitalist society. This happened when the rule ...

Before analyzing the formula, C-M-C,(commodity, money, commodity) let us observe the all-important concept of “socially-necessary labor time,” in its relationship to the total labor time of a ...

As opposed to commodity credit, circulation credit is not supported by any real saving. This type of credit is just an empty claim created by banks. In the case of commodity credit, ...

There are a couple of behind-the-scenes issues with the Federal Reserve that impact every citizen in profound, and often disastrous, ways. Yes, The Federal Reserve must be independent to make wise ...