Global dollar demand = US factory decline. Solution: Tax imports, adjust currency values, and make allies share the load.
Economic Concepts and Important Figures
Karl Marx’s Das Kapital (Critique of Political Economy) – Summary
Marx’s Das Kapital reveals capitalism’s core contradiction: it thrives on exploiting labor yet breeds its own destabilization through crises and class conflict. By prioritizing profit over people, the system—despite its productivity—creates the conditions for its revolutionary overthrow.
Mondragón Corporation: A Comprehensive Analysis
The Mondragón Corporation represents history’s most ambitious experiment in worker-owned enterprise – a €12 billion cooperative federation that competes globally while maintaining radical workplace democracy. This 70-year-old Basque model proves alternatives to traditional capitalism exist, though not without contradictions. Our analysis explores how Mondragón balances cooperative ideals with market realities, offering lessons for equitable economic development worldwide.