Subscribe wide

Economy

The dead end of capitalism

After five years of decline and stagnation, a sudden economic spurt has raised hopes of recovery in Britain. But the UK cannot be viewed in isolation. It is part of the world crisis of capitalism. Rob Sewell, editor of Socialist Appeal, looks at the real state of the British economy and discusses the false optimism of the capitalists.

Why Keynesianism is unable to solve today's crisis

The world economy has been mired in a deep crisis since 2007. The bourgeoisie have tried everything to climb out of the crisis, from quantitative easing, to zero interest rates, to the socialization of banking losses, but all to no avail. Luca Lombardi of the Italian Marxists Falce Martello asks: why is it that a modern-day version of Keynesianism cannot work?

New Year, same old crisis

As 2013 came to a close, many economists and politicians drew a collective sigh of relief: the Eurozone remains in one piece; the USA has not defaulted; and a triple-dip recession was avoided in Britain- there is even much talk of a recovery! But for the more far-sighted commentators amongst the bourgeoisie, the New Year – far from offering any light at the end of the tunnel – simply brings with it increasing uncertainty, instability, and crisis.

New figures reveal growing concentration of wealth in the hands of the few

Class struggle is alive and kicking, and it’s the working class that’s getting kicked. Ben Gliniecki reports on the latest economic figures, which show how the working class is receiving an ever smaller slice of the pie when it comes to the wealth created in society - wealth that is created by the working class.

The permanent slump – an organic crisis of capitalism

It has often been noted that the serious bourgeois analysts frequently arrive at the same conclusion as the Marxists, albeit with a slight delay. Some are suggesting what the Marxists have explained many times since the onset of the current crisis: that this is no ordinary period of recession, but that depression has become the new normality for the world economy. What we are witnessing is not a temporary phenomena, but an organic crisis of the capitalist system.

Video blog

The fall of Aleppo and the fog of war The fall of Aleppo and the fog of war
Duration: 00:08:30
Date: 15 Dec 2016
Trump’s win: the status quo has failed Trump's win: the status quo has failed
Duration: 00:01:04
Date: 14 Nov 2016
Trump victory: America’s Brexit Trump victory: America's Brexit
Duration: 00:23:58
Date: 9 Nov 2016
Britain after Brexit: the crisis and the Corbyn revolution Britain after Brexit: the crisis and the Corbyn revolution
Duration: 00:53:27
Date: 28 Oct 2016
Perspectives for World Revolution Perspectives for World Revolution
Duration: 00:01:56
Date: 2 Aug 2016
Vote for Corbyn! Fight for Socialism! Vote for Corbyn! Fight for Socialism!
Duration: 00:36:10
Date: 20 Jul 2016
Labour’s Civil War: Defend Corbyn! Fight for Socialism! Labour's Civil War: Defend Corbyn! Fight for Socialism!
Duration: 00:21:45
Date: 15 Jul 2016
Bernie or Bust? The way forward for the US revolution Bernie or Bust? The way forward for the US revolution
Duration: 00:12:30
Date: 15 Jul 2016
Brexit crisis: The status quo has failed Brexit crisis: The status quo has failed
Duration: 00:58:56
Date: 29 Jun 2016
The Socialist Alternative to the European Union The Socialist Alternative to the European Union
Duration: 00:21:48
Date: 14 Jun 2016
Britain on the Brink: Perspectives 2016 Britain on the Brink: Perspectives 2016
Duration: 00:01:45
Date: 13 Apr 2016