Using Marx as a Pejorative to Defend the Ease of Doing Business: Analysing The World Bank’s attack on CGD

The recent attack by a Senior World Bank Official, against the Centre for Global Development (CGD) has been rightly publicised on social media, for failing to engage with critique and misconstruing it as ideology. The encounter was based on a discussion with a CGD economist, where an excerpt of a critique of World Bank’s much debated Ease of Doing Business Index was presented. The well researched and evidence-based critique prompted an unwarranted response by the World Bank employee, where the CGD economists were labelled as ‘reformed Marxists’ and the critique labelled as originating from Das-Capital.Read More »

Immanuel Wallerstein (1930-2019)

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Photo: Brennan Cavanaugh

Immanuel Maurice Wallerstein, historical social scientist, anti-colonial militant, world systems theorist, intellectual provocateur and polymath, has passed – and with him has passed the last giant of the golden age of anti-Eurocentric history. Wallerstein was born in 1930, educated at Columbia, from where he successively received BA, MA, and PhD degrees by 1959. From his early adulthood, he was seasoned and beguiled by national liberation struggles, reading the texts of Nehru and Gandhi, attending youth congresses alongside participants from African countries in the heat of anti-colonial militance. His earliest works focused on colonial and post-colonial African governments, including a number of neglected monographs and co-authored document collections on the African liberation movements.Read More »

Samir Amin and Beyond

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By Ushehwedu Kufakurinani, Ingrid Harvold Kvangraven and Maria Dyveke Styve

When the sad news came of Samir Amin’s passing on August 12th, 2018, a plethora of beautiful obituaries were published in his memory (see for example hereherehere or here). These have made it more than evident not only how important his scholarship and work through the World Social Forum is, but also what an extraordinary person he was. We never had the privilege of meeting Samir Amin in person, but he was very kind to grant us an interview over Skype for an e-book we put together in 2017 on the contemporary relevance of dependency theory (since published by the University of Zimbabwe Publishers). Now we wish to unpack his contributions to our understanding of political economy and uneven development, and explore how his ideas have been interpreted and adopted in different contexts, and their relevance today.

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Revisiting the Battles and Cycles of Development

Cycles.jpegWalt Rostow (1959) infamously put forth a five-stage theory of economic development, extrapolating from the experiences of the great industrialized nations. However, as dependency theories strongly pointed out, the conditions under which those countries industrialized is significantly different from those that prevailed after decolonization. In addition to this, democratic capitalism experiences turbulence, which I argue makes development under this global system a struggle against powers and against what I call “Burawoyan Cycles”.Read More »

Marx’s Birthday and the Dismal Science: A Few Observations

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by Carolina Alves and Ingrid H. Kvangraven

With 2017 marking the 150th anniversary of Capital and 2018 marking the bicentennial of the birth of Karl Marx, it is not a surprise that the number of events and exhibitions celebrating Marx’s work and exploring the significance of Marxism in the world today have gone through the roof. A little sample can be found here, here, here, here and here (see also The Guardian’s sum up of exhibitions, books – and pub crawls)! And it would be unfair to not mention the British Library’s PhD placement on Karl Marx offered last summer, which aimed to develop ideas for events and activities that would engage the public and research communities with Marx’s life and his wider legacy (with a brilliant emphasis on Marx’s daughter Eleanor – a writer and political activist in her own right). Some of the results can be seen here, here, here and here.

Of course, Friedrich Engels’ far-reaching contributions have not been ignored (here and here); and neither should Jenny Marx’s contributions, who, like Mary Burns, have never been a mere accessory[1] and, before falling in love with the Jewish romantic rebel, was a woman interested in French socialism and German romanticism, engaged in an early feminist views on women’s equality, and committed to the struggle for the working-class (influenced by her father). Hence, Jenny’s possible allusion that Marx was “Goethe’s Wilhelm Meister and Schiller’s Karl von Moor, and he would be Shelley’s Prometheus, chained to a precipice because he dared to challenge a tyrannical god” (Gabriel, 2011, p. 20).

Putting aside this rich line-up of events, what has caught our attention is the equal proliferation of pieces celebrating Marx’s birthday, for the better or for the worse. From misleading and derogatory articles such as the Rulers of the world: read Karl Marx! published by The Economist to educational short pieces such as Cooper’s It’s time to normalize Karl Marx, it is difficult to not wonder about the reasons behind such opposing views. Similarly, it is difficult to resist the temptation to add a little contribution to the debate. So here we are.

We will not dwell on Marx’s contributions and current relevance, which has been done effectively by so many academics, political activists and journalists. Neither will we unpack and discuss the issues with value-laden opinions on Marx’s economic theory, and simple-minded association of Marx’s political ideas with historical events of the 20th century. We will, however, for the sake of being one more blog post on Marx’s 200th birthday, reiterate and explore Marx’s work’s undeniable and vital influence in contemporary thought, politics and political practice. Further, and perhaps the main inspiration that led us to write this blog post, we wish to add some more thoughts on Marx’s influence (or lack thereof)  in modern times, namely the effects of the marginalization of his ideas in the field of Economics.Read More »