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
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No recovery in sight for UK high streets
2018 was a devastating year for British retailers, with the collapse of many household names. The period ahead offers little respite.
Britain’s high street crisis: a perfect storm
A range of factors – from Brexit, to stagnant wages, to technological changes – are combining to create a toxic cocktail for the UK retail sector. Shop closures are another symptom of capitalism’s deep crisis.
2019: Crisis and instability ahead
For the ruling class, the new year is starting as the old one ended: with great uncertainty surrounding the prospects for the capitalist system. Welcome to the new normal of economic crisis and social upheaval.