Protests Reach Fever Pitch in Sri Lanka Amid Historic Economic Crisis
In Sri Lanka, the government has imposed a state of emergency to control protests and mass anger over a deepening economic crisis that has led to debilitating shortages of food, fuel, and basic goods.
Sou MiApril 2, 2022
Stopgaps Won’t Stop the Crisis — the Capitalists Must Pay
On Thursday, September 30, Joe Biden postponed the government shutdown. A week later, the debt ceiling was raised by $480 billion. Capitalist crisis is ultimately inevitable unless we fight back with working-class methods.
K.S. MehtaOctober 7, 2021
Stocks Fall, GDP Rises, Workers Always Take a Beating
Regardless of who wins the election next week, the economy is tanking. Rather than recovery, the pandemic and coming recession promise more market volatility and more hardship for the working class. What do the most recent numbers tell us?
Scott CooperOctober 29, 2020
Explosions in Beirut: A Disaster in a Country in Crisis and Revolt
A double explosion devastated Lebanon’s capital on Tuesday. This disaster is a tragedy in a country which faces an economic and political crisis, marked by significant mobilizations for a year.
Nathan ErderofAugust 6, 2020
Corporatism is a Feature of Capitalism, not a Bug
Capitalism inevitably leads to billionaires and large corporations dominating all of society, because it is a system designed to funnel the wealth of the many to the few.
Signý A.July 11, 2020
Freeze Layoffs: Make the Capitalists Pay
As the coronavirus epidemic stretches on, working people are facing an economic collapse, the likes of which have not been seen since the Great Depression. Organizing to fight for an immediate ban on all layoffs has to be an essential part of any program to protect the working class and to make the capitalist’s pay for their crisis.
James Dennis HoffMarch 23, 2020
Trotsky as a Guide for Analyzing the World Situation
Trotsky developed a method to analyze “capitalist equilibrium” and the perspectives for socialist revolution. This is a useful tool to help us orient ourselves in today’s convulsive times.
Esteban MercatanteMarch 9, 2020
Markets, Volatility and Crisis: A Conversation with Tony Norfield, Michael Roberts and Paula Bach
The swings in the stock markets in the United States, Europe and Japan this past week have reignited fears of a financial meltdown. We discussed these recent developments and the immediate prospects of the global economy with three renowned Marxist economists.
Left VoiceDecember 11, 2018
The Problem of Reformism
Revolutionaries have classically rejected the reformists’ political method of relying on the electoral/legislative process and the capitalist state. Here is why.
Robert BrennerAugust 20, 2018
Day Zero is Already Here for Cape Town’s Poor
Cape Town, South Africa is experiencing a drought so severe that the local government has announced the city’s water taps will be shut off indefinitely in 2019. However, for the city’s Black and poor residents, the water emergency has been a reality for years.
Robert BelanoMarch 30, 2018