Euro crisis deepens
A spectre is haunting Europe – the spectre of capitalist crisis. Events are moving at lightning speed. This slow-motion train wreck has suddenly speeded up. Each day we come closer to a Greek default...
View ArticleOn the Edge of a Crisis
It is often said that central bankers 80 years ago were responsible for creating the Great Depression. Constrained by their commitment to the gold standard, they failed to ease monetary policy (cutting...
View ArticleThe Bad, the Bad and the Ugly: IMF Solutions to the Debt Crisis
The world economic crisis has led to such a deterioration of the health of public finances worldwide that the recent World Economic Outlook (WEO) of the IMF has the apt title “Coping with High Debt and...
View ArticleThe 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...
View ArticleProfessor David Harvey speaks at the LSE on the "Seventeen Contradictions of...
On Wednesday 2nd April 2014, roughly 450 people filled the LSE's Old Theatre to hear a lecture on 'The Seventeen Contradictions of Capitalism', given by the prominent Marxist academic, Professor David...
View ArticleSix years after Lehman Brothers’ collapse – another stage in the capitalist...
A few years ago, Mario Draghi, President of the European Central Bank, stated he would “do whatever it takes” to save the euro and restore growth. However, while the euro has stabilised, temporarily,...
View Article“Red warning lights flashing”: capitalism lurches from one crisis to another
“Six years on from the financial crash that brought the world to its knees, red warning lights are once again flashing on the dashboard of the global economy.” Such ominous statements may sound...
View ArticleThe Organic Crisis of Capitalism - Part one
In this recent article from the In Defence of Marxism magazine, Rob Sewell - editor of Socialist Appeal - looks at the current economic crisis, outlines the global economic perspectives, and explains...
View ArticleThe Organic Crisis of Capitalism - Part two
In the second part of his article on the "organic crisis of capitalism", originally published in the In Defence of Marxism magazine, Rob Sewell examines how capitalism has become an enormous barrier to...
View ArticleCapitalism in crisis: a sinking ship without any lifeboats
“Watch out”, alarmed the Economist in this week’s main headline. “It is only a matter of time before the next recession strikes. The rich world is not ready.” The front cover picture said it all: the...
View ArticleStock market meltdown: Harbinger of new world slump
World stock markets have been in meltdown from Shanghai and Shenzhen to London and New York. A sea of red blighted the computer screens of the stock exchanges everywhere in a panic global sell-off....
View Article"The never-ending story" of capitalist crisis
It is now over seven years since the beginning of the crisis, and there is still no end in sight. Talk of recovery is a sick joke at best, and deluded at worst. The reality is that a new – deeper –...
View Article2016: the capitalist crisis deepens
George Osborne, the Tory chancellor, who only six weeks ago was boasting about the strength of the British economy, has now had to issue a bleak warning for the coming year. A culmination of weakening...
View ArticleCapitalism’s "Cataclysmic" Crisis
The world’s stock markets have fallen by over 10% in a matter of weeks. Some markets have not seen such falls since 1929. The Royal Bank of Scotland, Rob Sewell - editor of Socialist Appeal - reports,...
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Six years after Lehman Brothers’ collapse – another stage in the capitalist...
A few years ago, Mario Draghi, President of the European Central Bank, stated he would “do whatever it takes” to save the euro and restore growth. However, while the euro has stabilised, temporarily,...
View ArticleClik here to view.
“Red warning lights flashing”: capitalism lurches from one crisis to another
“Six years on from the financial crash that brought the world to its knees, red warning lights are once again flashing on the dashboard of the global economy.” Such ominous statements may sound...
View ArticleClik here to view.
The Organic Crisis of Capitalism - Part one
In this recent article from the In Defence of Marxism magazine, Rob Sewell - editor of Socialist Appeal - looks at the current economic crisis, outlines the global economic perspectives, and explains...
View ArticleClik here to view.
The Organic Crisis of Capitalism - Part two
In the second part of his article on the "organic crisis of capitalism", originally published in the In Defence of Marxism magazine, Rob Sewell examines how capitalism has become an enormous barrier to...
View ArticleClik here to view.
Capitalism in crisis: a sinking ship without any lifeboats
“Watch out”, alarmed the Economist in this week’s main headline. “It is only a matter of time before the next recession strikes. The rich world is not ready.” The front cover picture said it all: the...
View ArticleClik here to view.
Stock market meltdown: Harbinger of new world slump
World stock markets have been in meltdown from Shanghai and Shenzhen to London and New York. A sea of red blighted the computer screens of the stock exchanges everywhere in a panic global sell-off....
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