Marxist economics
Accumulation of wealth at one pole is, therefore, at the same time accumulation of misery, agony of toil, slavery, ignorance, brutality, mental degradation, at the opposite pole
- Karl Marx
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Trump’s trade war takes another turn
President Trump’s recent ‘pausing’ of tariffs has done little to slow the full-scale trade war. These protectionist measures only serve to highlight the limitations of capitalism. To avoid destitution, workers must fight for revolution!
Trade wars, rearmament, and austerity – Fight for world revolution!
Protectionist trade wars. Jingoism and rearmament. Austerity and attacks on the working class… Did someone set the clock back to the 1930s? To combat the coming catastrophe, we need a global revolution against the billionaire class.
Trump’s tariff programme deepens protectionist tendencies in world economy
Trump is set to announce a barrage of new tariffs, in an attempt to stem the decline of US capitalism. Here, Niklas Albin Svensson outlines the Marxist position on the ‘free trade vs protectionism’ debate, and how tariffs will impact the world economy.