After decades of proudly poclaiming the era of globalisation, today we see trade wars instead of free trade, and misery instead of prosperity. In this talk, Niklas Albin Svensson discusses the reasons behind the collapse of free trade, what it would mean for the world economy and what attitude we should take towards it.
Across Europe, governments are hiking up ‘defence’ spending, whilst carrying out cuts and attacks on workers to pay for it. Rob Sewell explains the economics behind this ‘military Keynesianism’, and why it provides no way out for the capitalist system.
In the second episode of our series on the Classics: Daniel, Nye, Georgina & Peter discuss the ideas of Engels’Â Socialism: Utopian & Scientific.
Trump is set to announce a barrage of new tariffs, in an attempt to stem the decline of US capitalism. Here, Niklas Albin Svensson outlines the Marxist position on the ‘free trade vs protectionism’ debate, and how tariffs will impact the world economy.