Grace Blakeley’s The Corona Crash: How the Pandemic will Change Capitalism
The war between Wall Street and Reddit shows you cannot defeat the capitalists at their own game.
Bicentenary of Engels birth.
The global working class is threatened by the pandemic and economic crisis.
The latest figures are startling. The capitalist world economy is heading for a crisis. It has already broken out in the manufacturing sector
Our perspectives on the current global situation, League for the Fifth International Congress in Berlin, June 2019
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 […]
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 […]
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, […]
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 […]