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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Unemployment set to skyrocket: Capitalism isn’t working
UK firms are already shedding jobs due to the coronavirus crisis. This surge of cuts will become a deluge in the months ahead, as state support is removed. The labour movement must fight to make the bosses pay.
Sharp collapse exposes rottenness of British capitalism
The UK economy is nosediving. Boris Johnson has promised a ‘New Deal’. But it is workers who will be presented with the bill. We must fight to make the bosses pay.
Optimism in world economy hides deeper malaise
The stock markets were breathing a sigh of relief, with new economic figures showing a slowing rate of economic decline. But none of the problems have been resolved. And this uptick will not alter the prospect of a deep economic crisis.