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
Introductory
In Depth
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Stock market panic reveals capitalism’s underlying crisis
Stock prices have been on a rollercoaster ride over the last week, in response to fears about the US and global economy. Capitalism’s accumulated contradictions are beginning to burst to the surface. A new slump looms, with explosive consequences.
Workers’ control: Who should run our workplaces?
Across Britain, industry is going to the wall. Steelworkers in Port Talbot are being thrown on the scrapheap. Automation threatens to destroy swathes of jobs. To protect our lives and livelihoods, we need socialist planning and workers’ control.
Bitcoin is back: Capitalism’s crypto chaos returns
With uncertainty and instability rocking the real economy globally, gambling investors are once again turning to speculation in search of a quick buck. But the whole of capitalism is a casino. It’s time to overthrow this bankrupt system.