When a crisis occurs in capitalism today, central banks need to print a lot of money precisely because people suddenly demand it to make payments. The credit chain fell apart. This is what the credit system cannot divorce itself from
When Marx says the credit system cannot be separated from precious metals, his argument does not seem to be that commodity money is essential for his analysis of value. Rather, his argument seems to be that reliance on credit cannot eliminate the need for money. This remains true for fiat money.
Also, today is Albert Einstein's birthday! How cool is that?
Fun bit of Pi lore, the German-Dutch mathematician calculated 35 digits of Pi back in the 1500s by finding the perimeter of a polygon with 2^62 sides. He put these digits on his tombstone. Netwon later found a much easier way to calculate Pi a few decades later.
en.wikipedia.org/wiki/Ludolph...
Happy Pi Day, everyone.
I have finished chapter 36 of Capital Vol 3, finishing up the section on the profit, interest, and the banking and credit system! Been very interesting.
For how much I've heard the term 'fictitious capital' thrown around, I thought it would have been discussed more.
Interview with Iranian anarchists:
"the liberation of the people of Iran cannot be the result of projects imposed by foreign powers. Freedom can only emerge from the struggle and will of the people themselves".
freedomnews.org.uk/2026/03/10/i...
You might be interested in my essay about anarchism addressing Engels's On Authority
judgesabo.substack.com/p/read-on-au...
Thank you! Glad you liked it
As a kid, I had the intuition " if the government is hiding the existence of aliens, why is it doing that better than it does anything else." I think that thought kept me out of a lot of conspiracy spirals.
Voices of anarchist women:
links to rare articles by Louise Michel, Lizzie (Swank) Holmes, Lucy Parsons, Emma Goldman, Marie Louise Berneri, and lesser known but nonetheless important writers
Happy International Women's Day. π΄
Happy International Women's Day
en.wikipedia.org/wiki/Mujeres...
People glorifying Light Yagami get his character all wrong. The man is basically a Young Republican. He doesn't feel any injustice about the system that lets "the corporations write the regulations." He targets petty criminals, people already in jail, and anyone who would hold him accountable.
Very funny seeing liberals walk this line of condemning the Iran war while also praising Zelensky for joining in
Majority of anarchist stuff I see online is campist for the West. Exceptions being Black Rose & the Anarchist Communist Federation in Australia. No War But Class War groups like ACG UK are also campist because they pretend they don't live in the UK & that Palestine vs Israel is an equal fight.
Most people using the word idealism don't understand what it means or what Marx is criticizing.
It's usually just a way of saying "you are naive and idealistic, wanting everything to go perfect" and not "you are reifying the abstract idea as a real and concrete entity."
Not that you don't find Marx's feeling shared by many other Marxists too today, though perhaps a bit more hidden and framed in an east v west thing
Marxists today: Imperialism must be opposed
Marx: Oh cool, political power is being centralized! This advances the revolution
(This is an improvement, ofc.)
Read a 1819 letter by a white woman complaining about how overwhelmed she is by domestic labour because her husband doesn't help around the house and she has to manage 'the servants' by herself. What she called 'the servants' included slaves. One wonders what the slaves thought about this.
While Republicans fully support Trump's war with Iran, Democratic leaders do not oppose it. There is no effective opposition.
Hakeem Jeffries is merely demanding that the administration "must explain itself to the American people and Congress" and "provide an ironclad justification."
In 2025, Oleksiy Goncharenko, a Member of Ukraineβs Parliament made an impassioned speech to the Parliamentary Assembly of the Council of Europe supporting Israeli aggression against Iran. Afterward he told the Times of Israel that he assessed Israel's war on Palestine βin the most positive terms.β
Well, as names, either could be used. But the basic idea when distinguished in anarchism is whether power is given away or retained. A common contrast I use is how you are represented by, say, your senator vs how you are represented by your lawyer. Quoting Kropotkin's "Words of a Rebel"
bsky.app/profile/judg...
I've been teaching myself about sex and gender, and wrote up this paper to help myself and others better understand biological sex
judgesabo.substack.com/p/explaining...
Does this mean we aren't getting the tariff rebate checks?
Again?
another guy who never protested before radicalized to the point of tears by watching masked ICE agents terrify children in his neighborhood
the Republicans are not ready or mentally capable of comprehending the backlash they have generated
Cartoon: If anyone in Chicago knows this school or an anti ICE organization affiliated with them I would be happy to donate this art. I only wish I could have fully Sal Buscema-ed that punch :)