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Paul Mattick
Paul Mattick Sr. (March 13, 1904 – February 7, 1981) was a German-American Marxist political writer, activist, and theorist, associated with the council communist movement. Throughout his life, Mattick was critical of capitalism, Bolshevism, and Keynesian economics. His work focused on the critique of political economy, crisis theory, and the self-emancipation of the working class. Born in Pomerania, Mattick became politically active during the German Revolution of 1918–1919 as an apprentice at Siemens. He joined the Spartacus League and later the Communist Workers' Party of Germany (KAPD), participating in radical actions during the turbulent Weimar Republic. Emigrating to the United States in 1926, he settled in Chicago and became involved with the Industrial Workers of the World (IWW) and later the unemployed movements during the Great Depression. During the 1930s, Mattick was a key figure in the American council communist milieu, editing journals such as '' Internati ...
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Keynesian Economics
Keynesian economics ( ; sometimes Keynesianism, named after British economist John Maynard Keynes) are the various macroeconomics, macroeconomic theories and Economic model, models of how aggregate demand (total spending in the economy) strongly influences Output (economics), economic output and inflation. In the Keynesian view, aggregate demand does not necessarily equal the aggregate supply, productive capacity of the economy. It is influenced by a host of factors that sometimes behave erratically and impact production, employment, and inflation. Keynesian economists generally argue that aggregate demand is volatile and unstable and that, consequently, a market economy often experiences inefficient macroeconomic outcomes, including economic recession, recessions when demand is too low and inflation when demand is too high. Further, they argue that these economic fluctuations can be mitigated by economic policy responses coordinated between a government and their central bank. ...
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Karl Korsch
Karl Korsch (; August 15, 1886 – October 21, 1961) was a German Marxist theoretician and political philosopher. He is recognized as one of the "dissidents" that challenged the Marxism of the Second International of Karl Kautsky, Georgi Plekhanov and Lenin. Along with György Lukács, Korsch is considered to be one of the major figures responsible for laying the groundwork for Western Marxism in the 1920s. Early years Karl Korsch was born in the small rural village of Tostedt (near Hamburg) to Lutheran parents, Carl August Korsch and his wife Therese (''née'' Raikowski) on August 15, 1886. Although Karl's father worked as a secretary in a city hall bureau, he was deeply devoted to studying the philosophy of Leibniz in his private life. He wrote an unpublished book covering the development of Leibnitz's theories of the monads. Longing for a more urban and intellectual life, Carl August made the decision to relocate his family west, to a village just outside Meiningen in the Th ...
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International Council Correspondence
The ''International Council Correspondence'' was a council communist magazine published in Chicago from 1934 to 1943. In 1938, it changed its name to ''Living Marxism'' and again to ''New Essays'' in 1942. Paul Mattick was the chief editor and main contributor, Karl Korsch, Anton Pannekoek, Max Nomad, Daniel Guérin, Otto Rühle, Dwight Macdonald and Victor Serge Victor Serge (; born Viktor Lvovich Kibalchich, ; 30 December 1890 – 17 November 1947) was a Belgian-born Russian revolutionary, novelist, poet, historian, journalist, and translator. Originally an anarchist, he joined the Bolsheviks in Janu ... also published in the ''ICC''. The magazine's original purpose was to correspond with fellow council communists, primarily in Europe. It changed its name as the European council communists began to go underground in the late 1930s. The magazine was published by the United Workers Party, later known as the Council Communists, which had split from the Proletarian ...
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Great Depression
The Great Depression was a severe global economic downturn from 1929 to 1939. The period was characterized by high rates of unemployment and poverty, drastic reductions in industrial production and international trade, and widespread bank and business failures around the world. The economic contagion began in 1929 in the United States, the largest economy in the world, with the devastating Wall Street stock market crash of October 1929 often considered the beginning of the Depression. Among the countries with the most unemployed were the U.S., the United Kingdom, and Weimar Republic, Germany. The Depression was preceded by a period of industrial growth and social development known as the "Roaring Twenties". Much of the profit generated by the boom was invested in speculation, such as on the stock market, contributing to growing Wealth inequality in the United States, wealth inequality. Banks were subject to laissez-faire, minimal regulation, resulting in loose lending and wides ...
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Industrial Workers Of The World
The Industrial Workers of the World (IWW), whose members are nicknamed "Wobblies", is an international labor union founded in Chicago, United States in 1905. The nickname's origin is uncertain. Its ideology combines general unionism with industrial unionism, as it is a general union, subdivided between the various industries which employ its members. The Industrial Workers of the World philosophy and tactics, philosophy and tactics of the IWW are described as "revolutionary industrial unionism", with ties to History of the socialist movement in the United States, socialist, syndicalism, syndicalist, and Anarchism in the United States#American anarchism and the labor movement, anarchist labor movements. In the 1910s and early 1920s, the IWW achieved many of its short-term goals, particularly in the Western United States, American West, and cut across traditional guild and union lines to organize workers in a variety of trades and industries. At their peak in August 1917, IWW m ...
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Chicago
Chicago is the List of municipalities in Illinois, most populous city in the U.S. state of Illinois and in the Midwestern United States. With a population of 2,746,388, as of the 2020 United States census, 2020 census, it is the List of United States cities by population, third-most populous city in the United States after New York City and Los Angeles. As the county seat, seat of Cook County, Illinois, Cook County, the List of the most populous counties in the United States, second-most populous county in the U.S., Chicago is the center of the Chicago metropolitan area, often colloquially called "Chicagoland" and home to 9.6 million residents. Located on the shore of Lake Michigan, Chicago was incorporated as a city in 1837 near a Chicago Portage, portage between the Great Lakes and the Mississippi River, Mississippi River watershed. It grew rapidly in the mid-19th century. In 1871, the Great Chicago Fire destroyed several square miles and left more than 100,000 homeless, but ...
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United States
The United States of America (USA), also known as the United States (U.S.) or America, is a country primarily located in North America. It is a federal republic of 50 U.S. state, states and a federal capital district, Washington, D.C. The 48 contiguous states border Canada to the north and Mexico to the south, with the semi-exclave of Alaska in the northwest and the archipelago of Hawaii in the Pacific Ocean. The United States asserts sovereignty over five Territories of the United States, major island territories and United States Minor Outlying Islands, various uninhabited islands in Oceania and the Caribbean. It is a megadiverse country, with the world's List of countries and dependencies by area, third-largest land area and List of countries and dependencies by population, third-largest population, exceeding 340 million. Its three Metropolitan statistical areas by population, largest metropolitan areas are New York metropolitan area, New York, Greater Los Angeles, Los Angel ...
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Weimar Republic
The Weimar Republic, officially known as the German Reich, was the German Reich, German state from 1918 to 1933, during which it was a constitutional republic for the first time in history; hence it is also referred to, and unofficially proclaimed itself, as the German Republic. The period's informal name is derived from the city of Weimar, which hosted the constituent assembly that established its government. In English, the republic was usually simply called "Germany", with "Weimar Republic" (a term introduced by Adolf Hitler in 1929) not commonly used until the 1930s. The Weimar Republic had a semi-presidential system. Toward the end of the First World War (1914–1918), Germany was exhausted and suing for peace, sued for peace in desperate circumstances. Awareness of imminent defeat sparked a German Revolution of 1918–1919, revolution, Abdication of Wilhelm II, the abdication of Kaiser Wilhelm II, the proclamation of the Weimar Republic on 9 November 1918, and formal cessa ...
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Communist Workers' Party Of Germany
The Communist Workers' Party of Germany (; KAPD) was an anti-parliamentarian and left communist party that was active in Germany during the Weimar Republic. It was founded in 1920 in Heidelberg as a split from the Communist Party of Germany (KPD). Originally the party remained a sympathising member of the Communist International. In 1922, the KAPD split into two factions, both of whom kept the name, but are referred to as the KAPD Essen Faction and the KAPD Berlin Faction. The KAPD Essen Faction was linked to the Communist Workers International. The Entschiedene Linke joined the KAPD in 1927. History The roots of the KAPD lie in the left-wing split from the Social Democratic Party of Germany (SPD), calling itself the International Socialists of Germany (ISD). The ISD consisted of elements which were to the left of the Spartacus League of Rosa Luxemburg and Karl Liebknecht. The Spartacists and the ISD entered the Independent Social Democratic Party of Germany (USPD), the Cent ...
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Spartacus League
The Spartacus League () was a Marxism, Marxist revolutionary movement organized in Germany during World War I. It was founded in August 1914 as the International Group by Rosa Luxemburg, Karl Liebknecht, Clara Zetkin, and other members of the Social Democratic Party of Germany (SPD) who were dissatisfied with the party's official policies in support of the war. In 1916 it renamed itself the Spartacus Group and in 1917 joined the Independent Social Democratic Party of Germany (USPD), which had split off from the SPD as its left wing faction. During the November Revolution of 1918, November Revolution of 1918 that broke out across Germany at the end of the war, the Spartacus Group re-established itself as a nationwide, non-party organization called the "Spartacus League" with the goal of instituting a Soviet republic (system of government), council republic that would include all of Germany. It became part of the Communist Party of Germany (KPD) when it was formed on 30 December 19 ...
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Siemens
Siemens AG ( ) is a German multinational technology conglomerate. It is focused on industrial automation, building automation, rail transport and health technology. Siemens is the largest engineering company in Europe, and holds the position of global market leader in industrial automation and industrial software. The origins of the conglomerate can be traced back to 1847 to the ''Telegraphen Bau-Anstalt von Siemens & Halske'' established in Berlin by Werner von Siemens and Johann Georg Halske. In 1966, the present-day corporation emerged from the merger of three companies: Siemens & Halske, Siemens-Schuckert, and Siemens-Reiniger-Werke. Today headquartered in Munich and Berlin, Siemens and its subsidiaries employ approximately 320,000 people worldwide and reported a global revenue of around €78 billion in 2023. The company is a component of the DAX and Euro Stoxx 50 stock market indices. As of December 2023, Siemens is the second largest German company by market ca ...
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