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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Game over for the video games industry?
Crises are mounting in the video game industry. Thousands of developer jobs are on the line. The quality of hasty releases is deteriorating. And safe-bet sequels are proliferating at the expense of creativity. But workers are fighting back.
Real wages, productivity, and prosperity: Have workers ‘never had it so good’?
Workers in Britain have experienced a painful cost-of-living crisis in recent years, on top of decades of real-wage stagnation. According to capitalism’s apologists, however, it has been a golden age for workers. What planet are they living on?!
Tories’ Spring Budget: Fiddling while Brum burns
Chancellor Jeremy Hunt went through the motions yesterday with his latest Budget announcement. But it is clear that the Tories have no solution for reversing the ailing fortunes of British capitalism, other than to prescribe more bitter medicine.