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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Bloodsucking billionaires have profited from the pandemic
A recent report by Oxfam has shown how the capitalist class has grown ever richer from the coronavirus crisis. Meanwhile, ordinary people are faced with unemployment, poverty, and homelessness. This rotten system must be overthrown.
The FinCEN leaks and the corruption of capitalism
A huge cache of documents has revealed the criminality and corruption at the heart of capitalism’s biggest financial institutions. We cannot trust the ‘regulators’. To root out these evils, we need nationalisation and workers’ control.
Review: ‘The Deficit Myth’ – Two wrongs don’t make a right
Modern Monetary Theory has become in vogue on the left, as a supposed answer to the austerity agenda pursued by big business politicians. But the limits of a new book by a leading MMT proponent show why we need the ideas of Marxism.