The recent market turmoil in Britain has revealed the immense level of speculation that takes place in every corner of capitalism. The bankers and billionaires are gambling with our futures. It is time to overthrow their decrepit system.

With inflation spiralling out of control, central banks are hiking interest rates, provoking recession. The ruling class is increasingly split, as the crisis of capitalism deepens. Only socialist revolution can provide a way out of this impasse.

Defenders of the free market look towards libertarians such as Hayek and Mises – and their assertion of an ‘economic calculation problem’ – in order to attack socialism. But in truth, Marxists answered these reactionary arguments long ago.