Political economy

Review: The Corona Crash by Grace Blakeley

Grace Blakeley’s The Corona Crash: How the Pandemic will Change Capitalism

Andy Yorke  ·  12 February 2021

The house always wins: What we can learn from the GameStop stock war

The war between Wall Street and Reddit shows you cannot defeat the capitalists at their own game.

Rob Schofield  ·  02 February 2021

Engels 1820-1895: the struggle for scientific socialism

Bicentenary of Engels birth.

Dave Stockton  ·  14 October 2020

The global crisis, the working class and the left

The global working class is threatened by the pandemic and economic crisis.

Red Flag  ·  18 July 2020

World Economy Facing a Recession

The latest figures are startling. The capitalist world economy is heading for a crisis. It has already broken out in the manufacturing sector

Jurgen Roth  ·  19 November 2019

Global capitalism at a turning point

Our perspectives on the current global situation, League for the Fifth International Congress in Berlin, June 2019

Red Flag  ·  10 August 2019

McDonnell’s “New Economics” – looking forward or avoiding reality?

By Simon Hardy Over the last few months the new Labour leadership has been conducting a series of meetings, rallies and workshops to discuss the idea of the “New Economics”. The need for such an initiative is clear; the post-Blair party is struggling to re-establish a clear identity, and the new leadership are fighting to […]

Red Flag  ·  26 May 2016

China: free market not going according to plan

By Peter Main 7 July, 2015 The volatility of the Chinese stock markets in the last week is symptomatic of the problems facing President Xi Jinping’s economic strategy. Between June 12 and July 8, the Shanghai market dropped by 28 percent, wiping some $3.5 trillion off the value of shares and forcing the government to […]

Red Flag  ·  13 July 2015

Socialism: the transition to communism

Karl Marx was not the first to condemn capitalism for the poverty and inequality that it creates, neither was he the first to fight for a society in which poverty and inequality would be eradicated. But he was the first to realise that capitalism itself would create the forces capable of overthrowing it. Before Marx, […]

Red Flag  ·  19 April 2011

The credit crunch: a marxist analysis

What caused the credit crunch? Some said lenders got “too greedy”. Others blamed the regulators. Yet more denied it was even happening. The Credit Crunch – A Marxist Analysis offers a radically different explanation. Charting how the events unfolded, and drawing on Karl Marx’s theory of crisis, Richard Brenner and Michael Pröbsting argue that the […]

Red Flag  ·  12 April 2011

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