Economics

Inflation: 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.
Sam Carliner
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, 2022Companies Are Exiting Russia — to Preserve Their Bottom Line
Large multinational companies like IKEA and Toyota are suspending business in Russia. They’ll do whatever it takes to keep up exploitation and profit levels, even under the guise of corporate social responsibility and solidarity.
Clara Mallo
March 6, 2022Corporate Profits Soar Even amid Rising Inflation
As inflation chips away at our paychecks, the bosses are making more than ever.
James Dennis Hoff
February 11, 2022Biden Wants Us to Celebrate “Good” Economic Numbers, But They’re Only Good for the Rich
President Biden is touting U.S. economic numbers released yesterday as proof of the greatness of his first year. He wants us all to celebrate with him. The next numbers aren’t going to be so good.
Scott Cooper
January 28, 2022“Black Monday”: World’s Stock Markets Fall in Reaction to the Fed and Ukraine
Global stock markets took a serious tumble on Monday as fears over inflation and the conflict in Ukraine affected trading. It has been a bad year so far in capitalism’s network of casinos.
La Izquierda Diario Argentina
January 25, 2022As Inflation Rises, Workers Have Options for Struggle
As inflation courses through the U.S. economy, the ruling class is responding with higher interest rates and other steps aimed at keeping wages lower for the workers who bear the brunt of price hikes. What demands should workers raise to fight the latest capitalist attacks on our standard of living?
Scott Cooper
January 5, 2022Capitalist Bonanza: Share Buybacks Reached Record High in 2021
Share buybacks hit a record high in 2021, enriching investors and executives at the expense of the working class.
Otto Fors
January 4, 2022