The toppling of the statue of slave trader Edward Colston in Bristol on 11 June has brought to attention Britain’s involvement in the Atlantic slave trade. Although officially abolished in Britain in 1807, this horrific trade in human beings was central to the rise of capitalism and the rise Read more…
Buy your copy now! Socialists are often told that only capitalist competition can develop enterprise and production, embolden initiatives and harness our collective energies for the good of all. Competition is the lifeblood of capitalism, we are told, one which can only thrive under the ‘free’ market. This argument Read more…
The casualisation of work is no aberration of capitalism. It is the logical outcome of a system based on profit. Precarious work is the product of processes within capitalism that Karl Marx described over 150 years ago. In the first volume of his seminal work on economics, Capital, Marx Read more…
Sometimes we hear people saying that neo-liberalism, rather than capitalism, is the biggest problem we face today. What exactly is neo-liberalism? What is its relationship to capitalism as a system? And what does that mean for Marxists? Sam from UCL has the answers!
Earlier this year, global accountancy and consulting firm PwC published an analysis which concluded that almost 40% of US jobs could be lost to automation in the next 15 years. The figures for elsewhere in the world were equally staggering; 35% in Germany, 30% in Britain, and 21% in Japan. Read more…
It is incumbent upon every revolutionary to fight against the privatisation of publicly-owned services, and to agitate for further nationalisation. Thomas Soud of the Warwick Marxists explains why. The ongoing dispute between the RMT and Southern Railways ‒ coupled with Jeremy Corbyn’s proposal to place British rail services, water and Read more…
2007-08 saw the beginnings of a world economic crisis unlike any other we have seen. Since the end of the Second World War there have been seven official recessions, but each of these was followed by a period of relatively fast recovery. This time the situation is different though. There Read more…
On June 3 the LSE Marxists had the first meeting of the LSE Marxist Society. This also marked the last event of the London Marxist Societies this academic year. We held the meeting in order to analyse, from a Marxist perspective, the work of Thomas Piketty, author of Capital in the 21st Century, who’s been Read more…
Introduction Today, under the impact of the capitalist crisis, many workers and students have developed a thirst for economics. They are attempting to understand the forces which dominate their lives. This brief introduction to Marxist economics attempts to provide the class conscious worker not with a complete account of economics, Read more…
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