Major wars and economic crises force the pace of change within and between capitalist states, giving rise to new alignments and shifts in the geopolitics of world capitalism.1 At the time of writing this article, turmoil in financial markets triggered… Continue Reading
Costas Lapavitsas, Professor of Economics at the School of Oriental and African Studies, University of London, spoke to Stefan Bornost about the crisis in the eurozone For starters the crystal ball: Will we still pay with euro in 2015? Some… Continue Reading
The Occupy movement that began in New York in September 2011 and has spread with remarkable speed across the country represents a massive shift in the politics of the United States.1 A year ago the seemingly inexorable rise of the… Continue Reading
The mass strike of 30 November 2011 has opened a new chapter in British working class history. Around 2.5 million people joined what was the biggest strike in Britain since 1926.1 In every town and city large parts of the… Continue Reading
The world enters 2012 still in the grip of an economic crisis that, by increasingly common consent, is without precedent since the 1930s. Its basic contours haven’t changed since we delineated them in our last issue. On the one hand,… Continue Reading
I am a West Indian, a lover of liberty, and would dishonour human nature if I did not shew myself a friend to the liberty of others.1 The story of Robert Wedderburn (1762-1835/6) is rightly becoming better known. As a… Continue Reading
Two reviews of Ian Birchall, Tony Cliff: A Marxist For His Time (Bookmarks, 2011), £15 What a remarkable man Tony Cliff was. Readers of this journal may find this hardly worth saying, even a slight, but for someone outside that… Continue Reading
A review of David McNally, Global Slump: The Economics and Politics of Crisis and Resistance (Spectre, 2011), £12.95; and Leo Panich, Greg Albo and Vivek Chibber (eds), Socialist Register 2011: The Crisis This Time (Merlin, 2011), £25 David McNally’s Global… Continue Reading
The 2007 financial crisis has reignited the discussion on crises, their origin and possible remedies.1 At present the most influential thesis on the left sees the crisis as caused by underconsumption and recommends Keynesian policies as a solution. This paper… Continue Reading
We live in a world of workers. Global social change in the last generation has seen workers become the majority class in the world for the first time in history. Between 1970 and 2010 the number of workers in advanced… Continue Reading