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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Don’t be fooled: the era of austerity isn’t over
After a decade of cuts, the Tory Prime Minister and Chancellor have both promised an end to austerity. But the continuing crisis of British – and world – capitalism makes this pledge ring hollow.
Argentina, Turkey and the debt bomb under the world economy
Recent events in Turkey and Argentina have highlighted the fragility of the so-called “emerging” economies. But, in reality, the whole world economic system is a house of cards waiting to collapse.
Is a four-day week possible?
The TUC in Britain has recently called for a four-day working week. But how can we realise the potential of technology and achieve this demand?