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
Introductory
In Depth
Most Recent
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.
Stock market booms and the insanity of capitalism
While the real economy has fallen off a cliff in recent months, stock prices have reached record highs. Capitalism is nothing but a casino. In place of this speculation and gambling, we need a rational socialist economic plan.