Capitalism is not working

Reinvigorating Marx’s value theory to understand 21st century capitalism

Dmitry Pozhidaev — Guglielmo Carchedi and Michael Roberts’ new book offers a necessary counterpoint and challenge to dominant economic paradigms that continue to marginalise value theory.
War graphic

From welfare to warfare: military Keynesianism

Michael Roberts — Keynesianism advocates digging holes and filling them up to create jobs. Military Keynesianism advocates digging graves and filling them with bodies to create jobs.
UWA Winthrop Hall

Universities Australia’s new antisemitism definition: A novel kind of campus governance?

Gwenael Velge — History shows that paradigmatic slides in governance often start with universities, but they rarely stop there.
PACBI No Other Land

PACBI’s position on ‘No Other Land’ (and its response to criticisms of its position)

The Palestinian Campaign for the Academic and Cultural Boycott of Israel, PACBI, explains its position on the film ‘No Other Land’, and responds to the debate that it has generated.
PSM-MUDA alliance byelection

Parti Sosialis Malaysia’s distinctive role in Malaysian politics (plus: What the PSM-Muda alliance brings to the Ayer Kuning poll)

Jeyakumar Devaraj — For the past several years, Parti Sosialis Malaysia has been presenting fresh perspectives that the mainstream political parties are either unable to conceptualize or unwilling to articulate.
oil rig

Crude capitalism, new centres of capital accumulation and the Middle East’s place in global imperialism: An interview with Adam Hanieh

Adam Hanieh explores the need to foreground value transfers in understanding imperialism, Israel’s role in global fossil capitalism and the rising influence of the Gulf states.
boat on sea

A tale of two ports: Africa, Asia and the subimperial scramble

Phil A Neel — Asia’s ascent and the gradual decline of the wealthiest countries’ investments in Africa do not represent the decay of US hegemony, but instead its strengthening through the agglomeration of new, subimperial power centers.
Marx crisis

Marx was wrong about the declining rate of profit. Isn’t it time we put this false idea to rest?

James Doughney — Careful attention to Marx’s exposition of the theory of the declining rate of profit demonstrates that his theory is not coherent, even in its own terms.
US far right

For revolutionaries, the period must be defined by the international fight against the far right

Thomas Hummel — The rise of the global far right defines our historical moment. Revolutionary socialists must revive the strategy of the united front to challenge this new authoritarianism.
Solidarity Collectives Ukraine

Support Ukrainian resistance — not monstrous rearmament plans

Simon Pirani — European powers have decided on long-term rearmament programmes. The left must not become cheerleaders for these.
Trump Putin Europe

Bloco de Esquerda (Left Bloc, Portugal): Europe in the Trump-Putin axis trap

Bloco de Esquerda — There are several imperialisms in the global system. But none of them will play a progressive role because all act according to the interests of their capitalist elites.
US President Donald Trump dances on stage after speaking at a campaign rally at the Southern Wisconsin Regional Airport in Janesville. Source: AAP

This changes everything: The threat of Trumpism for South Africa

Amandla! Collective — The second coming of Trump has started to reconfigure the international political architecture that emerged after World War II. This has profound implications for countries both in the global North and South.