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
SUPPLEMENT: Imperialism and the state (Part III)
07 Apr 2022
Capitalism produces huge wealth and huge inequalities, both of which play a role in recurring crises
Process of poverty
07 Apr 2022
Will there be a new Winter of Discontent in response to the cost of living crisis? Eddie Ford is hopeful, but it will only happen with organisation and challenging the grip of the trade union bureaucracy
Squeezing the poor
31 Mar 2022
The chancellor’s spring statement means increasing numbers will have to choose between eating or heating, writes Eddie Ford
SUPPLEMENT: Imperialism and the state (Part I)
17 Mar 2022
Early, not late, capitalism generated imperialism, and capitalism without the state is impossible
First Iran, now Russia
17 Mar 2022
Sanctions, whether ‘targeted’ or not, inevitably affect the mass of ordinary people, argues Yassamine Mather, while those at the top use them to tighten their grip on power
Triumphalism to pessimism
17 Mar 2022
Does the Russia-Ukraine war epitomise a crisis of liberalism brought about by attacks from the populist right and the so-called anti-scientific left? Perhaps so - but not in the way Francis Fukuyama imagines, suggests Paul Demarty
Third great depression
17 Mar 2022
Not only are economic contradictions at play. There is the ecological crisis and, of course, war. Michael Roberts says that only socialism can save humanity
Swift as a weapon
03 Mar 2022
Sanctions imposed on Russia will hurt, but not only are there definite limits, they were long expected, writes Yassamine Mather
From sanctions to slump?
03 Mar 2022
Michael Roberts looks at the dreadful consequences of the economic war being waged against Russia
Destroyed by economygate?
10 Feb 2022
After the “longest wage squeeze in 200 years”, workers in Britain face an unprecedented fall in living standards. Michael Roberts rejects the Bank of England’s call to “moderate” wage rises
Fuelling the cauldron
03 Feb 2022
Esen Uslu reports on the short-termist cuts in interest rates and the resulting inflation and political turmoil
Austerity socialists win
03 Feb 2022
The victorious Socialist Party is putting all its hopes in the EU’s Recovery and Resilience Plan, says Michael Roberts, and has no intention of ending the country’s dependence on French and German capital. Not surprisingly the left coalition partners were hammered
A world of declining profit
27 Jan 2022
Michael Roberts reviews new empirical evidence vindicating Marx’s law of the tendency of the rate of profit to fall, which underpins capitalism’s inherent tendency to crises
Economy in meltdown
20 Jan 2022
Amid unpaid wages, soaring inflation and daily protests in Iran, the Vienna negotiations drag on, reports Yassamine Mather
Civilisation in jeopardy
13 Jan 2022
Extreme weather is becoming typical weather, writes Eddie Ford, and the cause is undeniable: capitalism