As a first group diary, this will be fairly narrow in scope and ambition. There have already been numerous excellent reviews of The Making of Global Capitalism, and a symposium over at Jacobin. It’s a bit too late at this point for me to try to compete with any of that, so I thought I’d just intro one of the most important books of the last decade, in hopes that it might spark debate here.
Leave it to the Canadians to get things right — or left, as the case may be. Leo Panitch and Sam Gindin are both Canadian professors, socialists, and schooled in Marxism, but unlike their American peers, not subject to automatic censure and scorn. As this group is no doubt aware, socialists and/or Marxists in America are pretty much shut out of public discussion, demonized without a hearing, and absent from debates in a field they should dominate. No “school” of economic thought comes close to the rigor, objectivity, depth of analysis or independence of the Marxians, and no analysis is more needed in our day. But in America, the system and its willing executioners have effectively silenced them.
Again, this is not the case in Canada, or Europe, where a far healthier, but still less than optimum diversity exists.
More after the fold . . .