economy

Michael Roberts looks at the state of the US and world economy, the reasons for what he calls the Long Depression, and how it is driving political polarization and imperial rivalries.
David McNally looks at current geopolitical dynamics, economic fault lines, labor struggles and perspectives for socialists in 2024.
Costas Lapavitsas & Nicolás Aguila — The present condition of the capitalist order should be understood as a Gramscian interregnum, when “the old is dying and the new cannot be born.”

William I Robinson & Hoai-An Nguyen — As the world watches in horror, the carnage in Gaza gives us a ghastly window into the rapidly escalating crisis of global capitalism.

Michael Pröbsting — The latest edition of the International Institute for Strategic Studies’ annual Armed Conflict Survey paints a grim picture of the crisis-ridden capitalist world order.
Ana Cristina Carvalhaes — The multiplication of wars and the aggravation of tensions between states and intra-states are only one of the signs of the new historical period of convergence of crises, opened with the crash of 2008.
Claudio Katz talks about the need to avoid looking at imperialism in purely economic terms, the rise of what he terms an “imperial system” and the complexities of anti-imperialism in the 21st century.
William I. Robinson discusses the rise of transnational class exploitation and how contradictions between a globally integrated economy and a nation-state-based system help explain rising US-China tensions.
Michael Pröbsting discusses the important changes that have occurred within the global imperialist system in recent decades and its implications for revolutionary strategy today.
Michael Pröbsting — The latest edition of the ILO’s Global Wage Report contains a number of interesting figures which demonstrate how the bosses are offloading the consequences of the capitalist crisis on the shoulders of the working class.
Sam Williams — The economic contradictions of the capitalist system are coming to a head.
Farooq Tariq — The International Monetary Fund’s Executive Board has approved a larger-than-expected conditional loan worth $3 billion for Pakistan. But the common people will have to pay a heavy price due to the IMF's draconian terms and conditions.