Economy

10 years after the financial crash: A new crisis looms

As we approach the 10th anniversary of the start of the 2007 financial crash, all the warning signs point towards the onset of a new stage in the world crisis of capitalism. For the working class, meanwhile, the crisis never ended - it has been a decade of attacks and austerity. A socialist alternative is needed to this chaos and misery.

10 million trapped in insecure work: end zero-hours Britain!

Over ten million people in Britain are now stuck in what is deemed to be precarious work: in the gig economy; on zero-hour contracts; and in temporary employment, under-employment, or bogus self-employment. As Steve Jones reports, a vast section of the UK workforce is now living on the poverty line.

Employed and in poverty - capitalism's vicious cycle

The number of people struggling to make ends meet despite being employed is growing and growing. The Tory Party’s boasts about cutting unemployment are clearly misleading, John Russell explains, as an increasing number find themselves with falling real wages, zero-hour contracts, and in temporary employment.

Tax evasion by the rich more prevalent than ever

A recent study on tax evasion and inequality has revealed just how much of the top 0.01%’s fortunes is hidden away in foreign bank accounts. This clearly shows how the capitalist system has reached a dead end. These injustices and inequalities can only be abolished through socialist revolution.

Capitalism’s false dawns of recovery

Buoyed by statistics showing growth in many key countries, capitalist commentators are once again optimistically predicting that "green shoots of recovery" are blossoming for the world economy. But with this empirical attitude comes an incredible hubris - for none of the fundamental contradictions have been resolved. The system remains riddled with crisis.

Marx Capital in a Day

Marx Capital in a Day

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