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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US economy on collision course with debt ceiling
The US economy is hurtling towards a disastrous default, as Democrats and Republicans haggle over spending and cuts. This dangerous game of chicken highlights the madness of capitalism. We say: make the billionaires pay for this crisis!
Bankers call for wage cuts – We call for revolution!
In an effort to tame inflation, the Bank of England agreed to further raise interest rates today. Its chief economist, meanwhile, has arrogantly told workers that they must tighten their belts. We say: make the billionaires pay for this crisis!
‘Greedflation’: As prices rise, bosses make a killing
Having unleashed the monster of inflation through their reckless policies, the ruling class are struggling to bring prices back down. Meanwhile, big business is raking in record profits. The blame for this chaos and crisis lies with capitalism.