Economy

Inequality continues to rise, as the mega-rich get richer and the working class is forced to pay for capitalism’s never-ending crisis.

After a decade of cuts, the Tory Prime Minister and Chancellor have both promised an end to austerity. But the continuing crisis of British – and world – capitalism makes this pledge ring hollow.

Recent events in Turkey and Argentina have highlighted the fragility of the so-called “emerging” economies. But, in reality, the whole world economic system is a house of cards waiting to collapse.

The TUC in Britain has recently called for a four-day working week. But how can we realise the potential of technology and achieve this demand?

This weekend marks a decade since the start of the financial crash that ushered in the deepest crisis in the history of capitalism. 10 years on, there is no hope on the horizon under capitalism. We need a revolution.

Amidst all the scandals and crises ensnaring May and the Tories, the latest economic figures are yet another cause for anxiety and distress for the Prime Minister.

Leading member of the capitalist establishment says: Marx was right! A decade on from the beginning of the crisis, the ruling class is increasingly worried.

Our online lives are dominated by a handful of monopolies. It’s time to expropriate the tech oligarchs.

The whole rotten system of outsourcing is collapsing. Parasites like Capita, G4S, and Serco should be nationalised.

One decade on from the financial crisis, Niklas Albin Svensson examines the precarious state of the world economy today. Another deep slump is being prepared.

In the last week, Trump announced his intention to raise tariffs on steel and aluminium imports, threatening to start a dangerous trade war with the rest of the world. This could plunge the world economy into another deep slump.

Billionaire Elon Musk hit the headlines earlier this month with the launch of his company’s Falcon Heavy rocket. But this “proof of private sector efficiency” is in fact another demonstration of how parasitic the profit system is.