Economics

Fair trade, free trade, and socialism

Submitted by martin on 9 February, 2008 - 9:17 Author: Paul Hampton

Trade is a vital part of the neoliberal economic, political and ideological regime that now dominates the world economy and most national states.

At various summits in recent years the world’s most powerful governments have promised to introduce a better deal on trade, aid and debt for the world’s poorest countries, especially in Africa.

Crisis and Sequels out in paperback

Submitted by AWL on 23 January, 2019 - 10:58 Author: Janet Burstall
c&s cover

Martin Thomas outlines the guide he followed in compiling Crisis and Sequels, a book on the 2007-8 crash and its aftermath now out in paperback edition.

“Analysis must proceed not from a blurred outline of a ‘typical’ capitalist economy, but from the complex reality of a world economy with its own structure and within it national economies substantially different in pattern both from the global structure and from each other”.

Rosa Luxemburg and imperialism

Submitted by AWL on 23 January, 2019 - 10:46 Author: Martin Thomas
Luxemburg speaks

Rosa Luxemburg considered her most important contribution to be her book, The Accumulation of Capital, published in 1913.

The legacy of the Polish­-German revolutionary socialist leader who was murdered by a right­-wing militia operating under the aegis of a Social­ Democratic government just over 100 years ago has come down to us through a haze of sentimental misrepresentation and selective republishing, but now can and should be reconsidered.

Trump and the world economy

Submitted by martin on 30 December, 2018 - 10:46 Author: Leo Panitch
Socialist Register

S: I can see four main sorts of possible outcomes to be considered from Trump’s economic jousting.

One: it may reshape some deals, like NAFTA [the North American Free Trade Agreement] to the USA’s advantage or imagined advantage, but after a flurry relations in the world markets will settle down much as before.

Two: By generally shaking up trade relations, and putting pressure on some of China’s protectionist policies, economic life around the world may settle after the jousting into a more “globalised” form, more subject to world-market rules.

Marxism in the drunk tank

Submitted by martin on 25 December, 2018 - 12:32 Author: Martin Thomas
Drunk tank

Michael Heinrich's "Introduction to the three volumes of Karl Marx's Capital" is also an introduction to the "Neue Marx-Lektüre" (new reading of Marx) school of thought of which Heinrich is part.

It does many things, in both its jobs, well. It is crisply-written. In discussing ideas from Marx, it refers to today's capitalism, without being swamped by today's empirical details.

"Crisis and sequels" out in paperback

Submitted by martin on 20 December, 2018 - 10:10
Crisis and sequels

What were the formative developments in the economic crash of 2008? What does it tell us about the future of capitalism? What shaped the economic depression and turmoil since 2008? What light do the events shed on Marxist theories of economic crisis, and vice versa?

"Crisis and Sequels", edited by Workers' Liberty contributor Martin Thomas, was published in hardback in 2017, at a price accessible to university libraries, but is now available in affordable paperback.

The most important years in human history

Submitted by AWL on 12 December, 2018 - 11:46 Author: Todd Hamer
burning fuel

“Capital is dead labour, that, vampire-like, only lives by sucking living labour, and lives the more, the more labour it sucks. ” (Chapter 10 Capital, Marx)

Debra Roberts, one of the authors of the recent report from the Intergovernmental Panel on Climate Change, has said that: “the next few years are the most important in our history” (by “our” she is referring to all humanity).

Fighting capital or just a greedy few?

Submitted by AWL on 17 October, 2018 - 9:11 Author: Dale Street
corbynism

Published at the close of September, Matt Bolton and Frederick Harry Pitts’ Corbynism — A Critical Approach is not always an easy read. Bolton and Pitts go well beyond the argument that Corbyn does not understand antisemitism, does not really like the European Union, is a bit of a populist, and has a history (and present) of hanging out with some dubious characters. Rather, their book attempts to “elucidate the essential characteristics of Corbynism as a political orientation (and) outline and critique the general worldview which motivates such a platform”.

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