capital accumulation – Elusive Development

“Getting More Than They Earned”? Reflections on Safronov’s Great Soviet Economy

In my most recent project on Serbia’s Productivity and Wage Dynamics, I analyzed the long-term relationship between real wages and labor productivity, demonstrating that despite periods of wage g

Marx, Marginalism, and the True Nature of Capitalism

Karl Marx’s economic theory, despite being one of the most comprehensive critiques of capitalism, has often been criticized for lacking the mathematical rigor associated with modern economic anal

A Class Analysis of Russia’s Imperialism

First published at LINKS International Journal of Socialist Renewal In his interview “Political imperialism, Putin’s Russia, and the need for a global left alternative,” Ilya Matveev

The struggle for global hegemony (Re-reading Giovanni Arrighi)

Two-logic framework As Branko Milanovic has recently remarked, there are some famous books whose ideas have been so absorbed into social sciences that the books themselves are no longer read.

Can You Live (Happily Forever) off Foreign Capital?

The controversial case of Rio Tinto and politics in Serbia Arguments, pro et contra This is a small contribution to the ongoing discussion about the role of foreign direct investments (FDIs) and th