Economy
Socialism: The transition to Communism
Sat, 03/05/2008 - 17:49What is the difference between socialism and communism? How can we get from a capitalist society with all its problems, divisions and inequalities to a communist society? Read more...
Marxist Theory of Political Economy
Mon, 04/09/2006 - 16:48What is political economy? For Marxists the economic can only be analysed in a political way, here is why. Read more...
Globalisation: the contradictions of late imperialism
Tue, 31/12/2002 - 23:00In the Nineties, multinational corporations vied with each other to take over the industries and services of much of the world. Commentators coined the term “globalisation” to describe their domination. Keith Harvey explores the roots of this phase of imperialism in the growing contradictions of US capitalism in the decades after the Second World War and concludes that its days are already numbered. Read more...
Workers protest in Greece against savage budget cuts
Chris Newcombe Fri, 12/02/2010 - 09:36The fall out form the budget crisis in Greece is not restricted to that country, explains Chris Newcombe Read more...
World economy – heading to a new upswing?
Michael Pröbsting Fri, 20/11/2009 - 11:27[Note: the graphs and table only appear in the print version]
Many commentators have argued the worst of the crisis is over. Michael Pröbsting asks whether there are grounded reasons for this optimism and looks at the obstacles facing a new wave of expansion. Read more...
An historic crisis of capitalism Part 1: The crisis of globalisation: overaccumulation and the re-ordering of the world
Luke Cooper Wed, 11/11/2009 - 17:34The financial meltdown of the fall of 2008 was a profound moment not only for the evolution of the “Credit Crunch”, but also for the whole economic and political order. Luke Cooper presents the preliminary conclusions of discussions on the League’s leadership that provide the background for the elaboration of a new programme to be adopted at the League’s 8th Congress in 2010. The article is broken into three parts. The first part below situates the conjunctural crisis within the context of globalisation and imperialism and draws on Trotsky’s method of periodisation to understand these phenomena. Read more...
The Wall Street crash 1929-33
Keith Spencer Fri, 25/09/2009 - 13:21They called it the roaring twenties but then the boom turned to bust. Keith Spencer explains what caused the crash of 1929 and asks whether there are similarities with today’s global meltdown. Read more...
The recovery: a Marxist analysis
Richard Brenner Thu, 10/09/2009 - 12:29The leaders of the world’s biggest economies met at the G20 summit and declared that the world economy was improving. Richard Brenner analyses the evidence for their claims Read more...
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Fifth International Volume 3 Issue 3
New issue available now
- An historic crisis of capitalism Part 1: The crisis of globalisation: overaccumulation and the re-ordering of the world
- An historic crisis of capitalism Part 2: The politics of the new world order
- An historic crisis of capitalism Part 3: The world class struggle, the character of the situation and the tasks of communists
- World economy – heading to a new upswing?
- Hope in retreat: Obama and the US working class
- The Bolsheviks, the Red Army and the Russian Civil War
- Italy on the brink: 1968 and the long hot autumn
- A review of Paul Mason’s Meltdown: The End of the Age of Greed
for £5/€6/$7
From Protest to Power
The curent programme of the League for the Fifth International, published in 2003
Available to buy online at shop.fifthinternational.org
The Credit Crunch - a Marxist Analysis
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 credit crunch foreshadows a crisis of globalisation.
