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.

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.

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.

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.

Venezuela: Crisis Worsens After Controversial Election of the Constituent Assembly and Sanctions by the US

Between the farce of Maduro's constituent assembly and the shallow cries for freedom and democracy by the right opposition–no respite for the Venezuelan people.

Power Cuts in the Gaza Strip, a Humanitarian Crisis

As the Gaza Strip moves even more rapidly than predicted toward becoming uninhabitable, its two million residents face an escalating humanitarian crisis.

A Race Towards the Abyss: Labor and Capital Competition in a Globalized Market

The internationalization of production has redefined the terms of global competition. Global Value Chains perpetuate the North-South divide and create a unified global labor market.

Refugees: The End of the German Illusion

Trump’s anti-immigrant executive order and refugee ban were harshly condemned by the German Chancellor. Several media outlets present Merkel as the last democratic hope of the West. But how have the refugees who arrived in Germany fared? And what of those who attempted to enter the European nation and now languish in Turkish camps? Was the acceptance of refugees by Germany driven by humanitarian ideals or by economic interests and the need to preserve the integrity of capitalist Europe? In this article, we present an assessment of 2016 and German policy in relation to the refugee crisis.

The Deutsche Bank Crisis and the Financial World War

The Deutsche Bank crisis shows that the contradictions which led to the crisis of 2007/8 are not over, and instead have become interlinked with the geopolitical tensions of the great powers.