In this talk at the SOAS Marxist Society, Adam Booth – editor of www.socialist.net – looks at the growing gap between the rich and poor in society today, contrasting the analysis of Thomas Piketty – the French “rock star” economist – and Karl Marx as to why capitalism creates inequality and a concentration of wealth.
In this episode of Marxist Voice, Nelson Wan explains Ted Grant’s article ‘Will there be a slump?’, and how the Marxist method allows us to understand capitalist crisis today.
In this episode of Marxist Voice, Joe Russell discusses Marx’s completion of the Labour Theory of Value.
‘A Nation of Shopkeepers’, by academic Dan Evans, argues that the working class has shrunk, giving way to a ‘new petty bourgeoisie’. He does this by changing the definition of class to a set of cultural values, abandoning the Marxist standpoint altogether.