Subjects Archives: Economic Crisis

The BJP-led government has just got parliament to pass a legislation permitting up to 100 percent foreign equity-ownership in India’s insurance sector.

The Green Party of England and Wales is attracting new members in unprecedented numbers and achieving polling percentages that would have seemed impossible a year ago. However, tensions are building behind the scenes over the party’s economic programme. On December 12, 2025, just over 3 months since Zack Polanski’s election as party leader – the […]

Some of David Graeber’s basic assumptions about money and public provisioning limit what the left can imagine and accomplish.

So the stock market may be booming and the AI hype is still exploding, but the rest of the economy is not so buoyant; and there appear to be cockroaches eating into the clean running of the world of debt. Watch that space.

President Trump’s snide barbs against his appointee, Fed Chair Jerome Powell, have revived support for central bank independence–long used by powerful financial interests against growth and equity.

A Revolutionary Review of Eurocentrism: Modernity, Religion, and Democracy by Samir Amin. Eurocentrism is not a flaw—it’s the software of global capitalism. Samir Amin detonates its ideological core, exposing how it serves empire, whitewashes history, and infects even the Marxist tradition. This review is not just critique—it’s insurgency.

Layoffs are scary. They are also rampant. Over the last 25 years, somewhere in the range of 1.5 to 2 million people lost their jobs in a typical month as a result of being laid off or fired.

THE World Bank has recently published a list of Gini coefficients for 61 countries relating in some cases to income distribution and in others to consumption expenditure distribution.

Over 10,000 people died in transit to Spain in 2024 alone.[1] On June 2022, the border fence of Melilla, one of two Spanish enclaves in Morocco, was witness to a massacre that killed or disappeared over a hundred African migrants.[2]  A recent BBC investigation revealed that Greek border guards systematically repeal immigrants already on Greek […]

1. Introduction The predominance of US economic, political and military power in the world was established at the end of the Second World War.1 With just 6.3 percent of global population, the United States held about 50 percent of the world wealth in 1948. As the only power which had used nuclear weapons on civilian […]

Ramped-up economic sanctions will immediately affect the country’s oil output and potentially trigger inflation.

“Why should we feel constrained by a free trade agreement?”

The 1940s saw a series of movies with Bing Crosby and Bob Hope, starting with the Road to Singapore in 1940.

New research reveals that rising insurance costs, reckless building, regulatory inaction, and big banks’ fossil fuel investments are driving a dangerous cycle that jeopardizes homeowners—and financial stability for everyone.

More than 40 substantial lawsuits have been filed over the last three weeks challenging President Donald Trump’s provocative executive orders on the budget, access to government data, the rights of federal employees, including inspectors general, campus protests against the genocide in Gaza, birthright citizenship and other burning issues.

We need to build our own resilience against the increasingly unpredictable acts of our belligerent neighbours to the south.

Rich tributes flow in for the ‘towering’ Marxist ideologue who passed away in Kolkata on November 28 at the age of 88.

The fact that the world economy has slowed down since the financial crisis of 2008 is beyond dispute.

Nigeria is experiencing its worst economic crisis in a generation. Annual inflation stands at more than 30%. Prices for food like yams, a staple food, are almost four times higher than last year.

The ‘degrowth’ debate raises critical issues to which only a Marxist approach can provide answers, argues the Marx Memorial Library.