economics

Two paths in the face of the capitalism’s global fracture
Some of the presidents of the ALBA bloc.
Spend the trillions on climate!

Sydney, October 2, 2008.

Workers' Republic - Scenes from a successful factory occupation
John Bellamy Foster: The great financial crisis: causes and consequences
A November 3, 2008, public lecture by John Bellamy Foster, editor of Monthly Review and co-author (with Fred Magdoff) of The Great Financial Crisis: Causes and Consequences, which will published by Monthly Review Press in January 2009. See also ``Financial implosion and stagnation: Back to the real economy'' , by John Bellamy Foster and Fred Magdoff.

The `third slump' and its consequences

By Phil Hearse

Audio: David Harvey on the `Enigma of capital' and the current capitalist economic crisis

A lecture by Professor David Harvey
City University of New York Graduate Center
November 14, 2008
1 hour 2 minutes

Listen now:

Open this page in a new page, or download MP3 file (42.7 MB)

(To download on a PC right-click on the above file and click ‘Save as’ or ‘Download to’. On a Mac Control-click instead of right-click.)

Que paguen los pobres del mundo La crisis económica y del Sur del globo

Por Adam Hanieh

Making the world's poor pay: The economic crisis and the Global South

[This article is available in Spanish: `Que pagu

Nationalisation — a key demand in the socialist program

By Dave Holmes

China and the global capitalist economic meltdown

By Peter Boyle

Action in Solidarity with Asia and the Pacific (ASAP) -- As the US, Japan and Europe slide into recession, the leaders of many smaller countries are desperately hoping that continued strong growth in the Chinese economy, which has contributed about 15 per cent of world economic growth in recent years, might save them from this meltdown.

There's hope and then there's hard facts. Recently the latter has replaced those desperate hopes with terror. A measure of this was the November 4 decision of Australia's Reserve Bank to make a bigger than expected interest rate cut. Any temptation by holders of large mortgages and other debts in Australia to reach for the champagne was killed by the realisation that this decision, in the words of one business correspondent, "was a recognition by Australia's top policymakers that the Chinese economy is no longer providing a firewall to insulate the Australian economy from the international crisis".
David Harvey: Reading Karl Marx's Capital
Meanwhile, in Africa ... a tale of two `bailouts'

Rwandan President Paul Kagame distributes mosquito nets. Studies show that malaria, which kills more than a million Africans every year, could be contained in just a few years at the cost of $3 billion a year.

By Jean-Paul Piérot

Original October 11, 2008, l'Humanité article in French: ``Et pendant ce temps, l’Afrique …''. Translated by Gene Zbikowski

While Africa needs US$72 billion a year in aid, hundreds of billions are being freed up to pay Western banks for the consequences of speculation.