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Michael Kidron

Understanding the Permanent Arms Economy: an introduction to the political economy of Michael Kidron

Posted on 25th October 2025 by International Socialism

Capitalism and war have always been profoundly connected. Max Weber noted the important role that financing the wars of European states played in the development of early modern capitalism.1 The bond remains as tight as ever today. As the illusions… Continue Reading →

Article imperialism, Michael Kidron, military

Kidron on Pearson on private foreign investment: debunking the myths

Posted on 10th July 2023 by International Socialism

Editor’s introduction I was going to open by writing that Michael Kidron (1930-2003) is best known as a Marxist economist, a leading theoretician of the International Socialist (IS) tradition and the foremost developer of the theory of the permanent arms… Continue Reading →

Archive Economics, global south, Michael Kidron, political economy

The monetary and the military: revisiting Kidron’s permanent arms economy

Posted on 26th July 2021 by International Socialism

Marxist political economy has a two-fold interest in the economics of defence.1 On the one hand, Marxism has proposed explanations for the extent and scope of defence spending in contemporary capitalism, drawing on theories of imperialism.2 On the other hand,… Continue Reading →

Uncategorised Economics, Michael Kidron, political economy

Michael Kidron’s Marxism

Posted on 10th January 2020 by International Socialism

A new edition of Capitalism and Theory (Haymarket, 2018) has made a ­selection of writings by Michael Kidron available to a new audience in print for the first time in decades. Kidron was a founder and important early theorist of… Continue Reading →

Article Economics, Michael Kidron, political economy

Modern capitalism

Posted on 18th April 2019 by Camilla

Introduction, by Alex Callinicos This is the transcript of a talk given by Michael Kidron and of the discussion that followed on Tuesday 5 July 1977, the first of two sessions (the second was called “The Crisis”) that he gave… Continue Reading →

Article Michael Kidron, political economy

Modern capitalism full transcript

Posted on 5th March 2019 by Camilla

Introduction, by John Rudge Mike Kidron (1930-2003) was a towering figure in the history of the International Socialist tradition.1 When Mike died in 2003, Alex Callinicos wrote that he “made an enormous contribution to the Socialist Workers Party’s development during… Continue Reading →

Online only Michael Kidron, political economy
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