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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Bleak New Year for millions, while rich struggle for reservations at the Ritz
Economists are predicting doom and gloom for British capitalism, with the working class paying the price. With the Tories in crisis, and Starmer’s Labour committed to austerity, workers must prepare for battle.
Marxism, money, and inflation
Workers everywhere are struggling to maintain living standards in the face of soaring prices. The ruling class, meanwhile, is looking to curb inflation by provoking a slump. But what are the real causes behind inflation? And how do we fight it?
FTX and the crypto collapse: The bubble bursts, but the gambling goes on
Investors are calling time on cryptocurrencies, following the downfall of the FTX exchange and its founder, Sam Bankman-Fried. But this episode is only the latest speculative bubble – a symptom of the insanity of capitalism.