Tag Archives: Karl Marx

Keynes, the crisis of neoliberalism and why capitalism can’t be reformed

Covid-19 has turned the world upside down, making all that was considered impossible now seem possible. In the context of a new crisis for capitalism and the undermining of the neoliberal order globally, the ideas of the liberal economist John Maynard Keynes will increasingly gain traction in terms of the policies of capitalist governments, writes Cillian Gillespie.  The Covid-19 crisis ...

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Economic crash shows who the real wealth creators are

By Mike Murphy  Plans by governments and central banks to deal with the economic consequences of the Covid-19 pandemic feature in the news virtually every day. While the initial news focus was very strongly on the healthcare system response to the crisis, more recently the focus on the more usual interests of the ruling class has become more pronounced.  The ...

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1930s Great Depression & global crisis today

“The shock to the global economy from COVID-19 has been both faster and more severe than… even the Great Depression.” That comment by economist Nouriel Roubini on 24th March indicates the growing possibility of global events entering an entirely new period. One way to prepare is to study and draw lessons from the 1930s. By Per-Ake Westerlund, Rättvisepartiet Socialisterna (our ...

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Kautsky and the Parliamentary Road to Socialism – A Reply to Eric Blanc

By Rob Rooke, member of Socialist Alternative (our sister organisation in the US- article was originally published in its journal Socialist World)  We are living through a dramatic period in U.S. history. While the Trump presidency has emboldened the right, we have also witnessed the re-emergence of strikes, the growth of a new left with DSA, Alexandria Occasio Cortez’s stunning ...

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“We only want the earth” – The case for socialist change

Dean O’Donnell & Cillian Gillespie make the case for a democratic socialist society based on need, not profit What type of economic system allows the 26 richest people to have as much as the 3.8 billion poorest? Why is it that, despite decades of warnings from the science community, we appear headed toward climate catastrophe? How do one in seven ...

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Karl Marx’s theory of class struggle: the working class & revolution

Two hundred years since Karl Marx was born and 170 years since his most famous work, The Communist Manifesto, was published, Eddie McCabe looks at Marx’s theory of class struggle and assesses its relevance for today.   Without the labour power of workers, capitalists can’t make profits. The system can’t function. Of all the things a capitalist can buy to ...

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Marx’s Capital at 150: an unequalled analysis & critique of capitalism

By Robin Clapp, from The Socialist, paper of the Socialist Party in England and Wales The Daily Mail reacted with predictable hysteria when, in May 2017, John McDonnell stated: “You can’t understand the capitalist system without reading Marx’s Das Kapital.” When asked to immediately condemn his shadow chancellor, Labour leader Jeremy Corbyn refused to do so and correctly added that Marx was ...

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“Finland Station” and the struggle for socialism today

At the end of June, in the midst of a growing discussion about socialism in the United States, Bhaskar Sunkara ,editor of the US socialist magazine Jacobin, published an important op-ed in the New York Times entitled “Socialism’s Future May Be Its Past.” Below is a reply from Alan Jones, a member of the National Executive Committee of Socialist Alternative, ...

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Apple tax scam, Jobstown- We need a party for the class struggles ahead

By Kevin McLoughlin With a straight face, Enda Kenny says he is appealing the Apple judgement in the public interest. It is speculated that five or six other multinationals operating in Ireland are also being investigated. If the back tax figure for Apple is €19 billion, how much was robbed altogether from the public – in the public interest? Defending ...

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This rotten system must go- Join the socialists today

By Laura Fitzgerald “Accumulation of wealth at one pole is… at the same time accumulation of misery, agony of toil, slavery, ignorance, brutality, mental degradation, at the opposite pole” – Karl Marx The richest 1% global elite own more wealth than the other 99% of the world’s population. Let’s reflect on that for a moment. There has never, in the ...

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