Economics
The Convulsive Interregnum of the International Situation
The capitalist world is in a "permacrisis" — a prolonged period of instability which may lead to catastrophic events. The ongoing struggles for hegemony could lead to open military conflicts.
Claudia Cinatti
March 22, 2024Davos and the Melting World Economy
The rich elite are meeting in Davos to discuss the challenges facing humanity in 2024, like climate change and AI. But any proposed solutions are driven by the aim to sustain the world capitalist order.
Michael Roberts
January 17, 2024Against Capitalist Despair: Building a Working-Class Party For Socialism
We need a working-class party with a socialist and anti-imperialist perspective that is completely independent of the Democrats and the bosses. Toward that goal we are putting forward for discussion and debate with the whole vanguard and the Left, a platform for a working-class party that fights for socialism and the rights of all of the exploited and oppressed.
Left Voice
June 25, 2023First Republic Bank: The Case for Public Ownership
The collapse of First Republic Bank is the latest chapter in the rolling banking crisis in the US. It demonstrates the case for public ownership of the banking system.
Michael Roberts
May 3, 2023‘Don’t Pay UK’ Campaign Gathers Steam as Energy Bills Continue to Rise
At least 109,000 people have signed up for the “Don’t Pay UK” campaign and are set to refuse to pay their skyrocketing energy bills in October.
Jorge Remacha
August 19, 2022The Global Economy on a Roller Coaster
As persistent inflation drives economic decisions in the wealthiest economies, we are seeing more-pronounced threats of a global economic slowdown and new crises related to debt and balance of payments.
Esteban Mercatante
July 13, 2022Inflation: Wages versus Profits
Here, we publish Marxist economist Michael Roberts' analysis of the relationship between wages and profit in the inflationary environment of today.
Michael Roberts
May 25, 2022Angry About High Fuel and Food Prices? Blame Imperialism
Biden is attempting to paint Putin as the sole reason for inflation, while Republicans try to blame Biden. In truth, the entire global economic system that all of these politicians represent is why workers keep being strained.
Samuel Karlin
April 22, 2022The War in Ukraine and Sanctions on Russia Are Driving Global Hunger
Russia’s invasion of Ukraine isn’t just harming the working class of both countries — it’s causing global food shortages.
Otto Fors
March 25, 2022Ukraine-Russia: Like an Economic Earthquake
The war in Ukraine will have damaging economic consequences across the world, and it's happening as the global economy is supposedly recovering from the pandemic slump.
Michael Roberts
March 25, 2022