What 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...
What is political economy? Students of economics are usually taught their subject in isolation from politics and history, but for Marxists the economic can only be analysed in a political way, here is why. Read more...
In 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...
This week Italy overtook Greece as the state at the heart of the European crisis, raising the stakes and threatening to rip apart the Eurozone, writes Andy Yorke and Dave Stockton Read more...
No matter what they try, nothing seems to work… The world leaders have gathered at the G20, and European leaders are having regular summits, but the economy is just getting worse. Read more...
Analysis of the world economy and the growing crisis over the Eurozone debt, by Workers Power (Britain) Read more...
Despite a weekend of telephone diplomacy between Berlin, Paris and Washington, stock markets plummeted yet again on Monday 8 August. Read more...
The Eurozone is in serious trouble with debt. With Greece on the verge of default the crisis is set to deepen, writes Simon Hardy and Richard Brenner Read more...
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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.