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
It will happen again
12 Sep 2024
Sir Martin Moore-Bick’s report spreads blame around lavishly, but downplays the responsibility of government policy and institutional corruption, argues Mike Macnair
Delusions of techno-fix
01 Aug 2024
Instead of dealing with the root causes of the climate crisis, there is a frantic search for technological solutions. However, argues Jack Conrad, there is a real danger of making what is already bad, badder still
A day of chaos
25 Jul 2024
After a botched software upgrade, Microsoft’s Blue Friday outage shows the price of putting software and IT infrastructure under the rule of capital, argues Paul Demarty
Reeves and her ‘securonomics’
11 Jul 2024
Labour’s leadership is relying on big business to bring the economic growth needed to fix ‘broken Britain’. Michael Roberts predicts a one-term government
Best hope for progress?
04 Jul 2024
Michael Roberts reviews Ruchir Sharma What went wrong with capitalism? Allen Lane 2024, pp384, £10.99
Regrets, they’ve had a few
23 May 2024
Why has the SWP issued a public statement on its 2013 rape scandal? Paul Demarty looks at the record and searches for answers
Mark of the beast
23 May 2024
Trying to ‘influence those with the greatest power’ to ‘minimise’ the ‘harmful effects of climate change’ with the ‘utmost speed and resolution’ has proven to be a predictable failure, argues Jack Conrad. Instead of soggy protest politics, we need the politics of power
Delusions of a progressive capitalism
16 May 2024
Michael Roberts reviews Joseph E Stiglitz The road to freedom: economics and the good society Allen Lane pp384, £25
Monetarism and its discontents
09 May 2024
Most mainstream economists still imagine that high interest rates are the most effective way to fight inflation. Michael Roberts begs to differ. Inflation is less a demand, more a supply issue
Death in academia
02 May 2024
Oxford University has finally closed down its Future of Humanity Institute. Paul Demarty explores the social limits of AI and the long-termist utilitarian ideology promoted by Nick Bostrom
Lights going out
25 Apr 2024
Dissatisfaction rates soar, surgeries close and new contracts are imposed on unwilling GPs - all part of the ongoing privatisation drive, writes James Linney
From magnificent to desperate
11 Apr 2024
Share prices hit record highs, profits soar. Is another recession really off the agenda? Michael Roberts investigates present-day capitalism’s inability to end stagnation and revolutionise productivity
Money, debt and crap
11 Apr 2024
Thames Water has defaulted on debt repayments; there is talk of renationalisation. Meanwhile there is an ongoing scandal about the release of untreated sewage into rivers and seas. Mike Macnair investigates the problems and possible solutions
Not dealing with causes
28 Mar 2024
IMF managing director Kristalina Georgieva is suddenly worrying about inequality, says Michael Roberts. A significant ideological shift away from the neoliberal consensus
Rules of the game
14 Mar 2024
Liam Byrne reckons that the social mission of Labour is for ‘equality’ and ‘fairness’ and yet the fundamental causes of inequality lie in the system of capital itself, writes Michael Roberts