Capitalism & Crisis
The decline of money
01 Mar 2012
If we are to understand the present crisis we need to grasp the decaying relationship between money, production and value. Hillel Ticktin discusses the growth of fictitious capital and impossibility of getting money to make money
A delicate moment
18 Apr 2019
Capital’s major financial institutions are warning of the likelihood of another global recession, notes Michael Roberts
Growth across the world slows further and further
28 Mar 2019
Despite predictions to the contrary, says Michael Roberts, the long depression is still very much with us
Deadly cost of austerity
21 Mar 2019
James Linney asks what the fall in life expectancy tells us about the state of capitalism in 2019
Chartalism and Marxism
08 Feb 2019
Proponents of ‘modern monetary theory’ serve to mislead and divert the labour movement, argues Michael Roberts
Marx’s theory of value
31 Jan 2019
Far from being natural, value is characteristic of commodity production and capitalism, its most developed form. John Bridge upholds Marxist orthodoxy
Subjective and objective value
17 Jan 2019
Arthur Bough insists that value is labour and has therefore existed in every form of society
Working class trade policy
20 Dec 2018
Mike Macnair concludes his series on ‘free trade’ by looking at the positive alternative
Supply and demand quandary
13 Dec 2018
Both neoclassical and Keynesian economics have got it wrong, writes Michael Roberts
Free-trade illusions
13 Dec 2018
Mike Macnair continues his argument against tailing the liberals
Trade, tariffs and financial stability
06 Dec 2018
According to the Federal Reserve, writes Michael Roberts, the risk of another recession is no longer ‘negligible’
Free-trade tailism
22 Nov 2018
The Alliance for Workers’ Liberty has enlisted a clipped version of Marx and Engels to serve its political agenda. In the first of two articles Mike Macnair looks at the claims of free trade and protectionism
Marx’s formulae confirmed
08 Nov 2018
Michael Roberts looks at the latest figures on the US rate of profit
Universal credit: designed to punish undeserving poor
18 Oct 2018
Rollout of the new benefit is widely recognised as being in chaos, and the immediate answer lies in breaking with the politics of austerity, writes Eddie Ford
Regulation does not work
11 Oct 2018
We need ownership and control of the banks, argues Michael Roberts
More momentum on the banks
04 Oct 2018
Real measures to control finance are needed, argues Michael Roberts