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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Dark clouds ahead for Flybe
Cut-throat competition in the airline industry is about to claim another victim. As ever, it is the workers who will bear the brunt of this race to the bottom.
Capitalism’s wealth gap grows
Inequality continues to rise, as the mega-rich get richer and the working class is forced to pay for capitalism’s never-ending crisis.
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.