On Wednesday 2nd April 2014, roughly 450 people filled the LSE’s Old Theatre to hear a lecture on ‘The Seventeen Contradictions of Capitalism’, given by the prominent Marxist academic, Professor David Harvey, who was launching his new book on the Marxist theory of capitalist crisis. Josh Holroyd reviews Harvey’s analysis of the crisis of capitalism.

This article provides an overview of Marx’s explanation of why capitalism goes into crisis, discussing the inherent contradictions within the capitalism system, and posing the only alternative: a socialist plan of production.

This year’s budget from George Osborne has been described as the most typical Tory budget he has yet given. Whether that is correct is open to debate; but what is true is that it has many of the features of previous Tory budgets in a pre-election year: huge handouts to the rich, lots of shiny baubles for wavering Tory voters, and nothing for the poor.