Capitalism & Crisis > Nature of crisis
A weapon for the movement
10 May 2012
Comrades in London are beginning their collective study of Marx's Capital. Jack Conrad introduces what is still an unequalled work
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
Isabel Schnabel’s last mile
15 Feb 2024
Central bankers are determined to keep interest rates high in an effort to dampen down inflation. But, as Michael Roberts explains, the reason why there has been a spike in inflation is down to supply issues and excessive profits, not excessive demand
One-trick pony
18 Jan 2024
High end computer chips are now being made elsewhere. Michael Roberts looks at the economic and political background to last weekend’s elections in Taiwan
Battle for Tory soul
30 Nov 2023
There is more trouble for Sunak, writes Eddie Ford, with record net figures - much to the anger and consternation of the Tory right
Rates up, economy down
11 May 2023
Claims by bankers that, by upping interest rates, inflation will be pulled down are fallacious. Michael Roberts presents a Marxist explanation
No wage-price spiral
24 Nov 2022
Michael Roberts investigates the old myth that wages drive inflation and rejects calls from governments, bankers and employers for workers to exercise pay restraint
Tottering towards 2024
17 Nov 2022
Despite the economy ranking as the number one issue for US voters, the expected red wave failed to materialise. Michael Roberts examines the facts and figures
Energy as a weapon
28 Jul 2022
Michael Roberts looks at the fallout from the Ukraine war and how plans for an oil cap could trigger a deep recession
Scissor blades closing
23 Jun 2022
Prices soaring, real wages falling and a new slump very much on the cards. Michael Roberts looks at the prospects for the world economy
Inflation and pauperisation
09 Jun 2022
Inflation is soaring, along with chauvinist rhetoric. Things are not looking good for Erdoğan and Erdoğanomics, reports Esen Uslu
Understanding capitalist dynamics
12 May 2022
Ian Wright reviews 'How labor powers the global economy' by Emmanuel Farjoun, Moshé Machover and David Zachariah (Springer Publishing 2022, pp166, £90)
Alternative to ‘restraint’
21 Apr 2022
Neither establishment explanation for the cause of inflation is valid, argues Michael Roberts
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
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