Turkey’s economy is back in the news, and not in a good way. After the release of an economic report by the Turkish Statistical Institute, a big dispute has arisen over whether or not Turkey has entered a recession.
Subjects Archives: Capitalism
The media are trying to turn the 1% into a protected minority.
It is a fundamental task for the class struggle that we succeed in liberating Lula so that he becomes the principal spokesman, he is the one who has the capacity to help mobilize the masses against the system and the project of the extreme right.
The Great Recession of 2008 marked the end of a lengthy period of international economic growth and rapidly increasing international trade. Now, some ten years later, economic activity, including trade and foreign direct investment, remains far below pre-crisis levels with little sign of revival.
Both Sweezy and Dimitrov agree that fascism arises in the middle class and becomes a threat when the bourgeoisie embraces it, but Sweezy’s unique contribution is to demonstrate fascism’s relationship to the postwar transitional period of class equilibrium.
Some people, some companies, some decision makers in particular, have known exactly what priceless values they have been sacrificing to continue making unimaginable amounts of money. And I think many of you here today belong to that group of people.
In this interview, Foster discusses why a Green New Deal is just an entry point to an ecological revolution, and why any economic-social system that hopes to address the climate crisis must transcend capitalism.
MARTIN LUTHER KING spoke with vision against capitalism, and about the kind of changes needed to replace it: the following quotes reflect some of King’s key thoughts on the subject as US citizens mark Martin Luther King Day.
On 8 and 9 January, over 160 million workers went on strike in India from a broad range of sectors, from industrial workers to health care workers. This has been one of the largest general strikes in the world.
Through his relationship with the Chartist radical and labor poet Ernest Jones, Karl Marx came to realize the necessity of opposing slavery and colonialism in ending capitalism.
We’re all done singing to “days gone by” (even though no one really knows the lyrics). But, unless we change our tune and resolve to fundamentally alter the way the economy is organized, we’re going to have to face up to the problem that’s been haunting the United States for decades now: growing inequality.
“By its nature,” Marx writes in the climactic passage of a magnificent but very dense section of the Grundrisse, capital “posits a barrier to labor and value-creation in contradiction to its tendency to expand them boundlessly. And in as much as it both posits a barrier specific to itself, and on the other side equally […]
I think the left should stop talking about ‘neoliberalism’, as I argue in a recent journal article published in Capital & Class.
A new book argues that words like “innovation” are doing more than telling you who to avoid at parties.
Monopoly capitalism emerged from “laissez-faire” capitalism in the late nineteenth and early twentieth centuries, allowing giant corporations to dominate the accumulation process.