economics

The epochal crisis of global capitalism — Challenges for popular resistance from below
William I Robinson — Faced with an unprecedented crisis of epochal proportions, global capitalism’s extermination impulse is rising to the surface. Never has the slogan “resist to exist” been more opportune and appropriate.

Serbia in 2024: A mirror on capitalism’s global crises
Dmitry Pozhidaev — In 2024, Serbia offered a particularly clear reflection of the three core dimensions of capitalism’s crisis: political, economic and systemic.

Reimagining socialism: An interview with David Kotz
David Kotz dissects the lessons from the Soviet model, explains why capitalism cannot be reformed and makes a case for democratic socialism.

The Nobel Prize for Institutions: A critique of Acemoglu and Robinson’s framework
Dmitry Pozhidaev — In many ways, Acemoglu and Robinson’s framework echoes the “end of history” thesis popularised by Francis Fukuyama.

Imperialism as antagonistic cooperation
Promise Li — Economic interdependence has shown surprising resilience even across rival geopolitical blocs. Existing theories of imperialism fail to fully account for these seemingly contradictory dimensions of today’s world system.

State of the world: Economic crisis and geopolitical rivalries
Claude Serfati — The global space is being transformed under the dual pressure of economic dynamics and geopolitical rivalries.

Imperialism: Now we have some numbers
Renfrey Clarke — In the view of Marxists, the rift that divides the world is a direct result of imperialism, whose core is always material and economic.

Bangladesh: The ‘Global South’ debt crisis intensifies
Michael Roberts — The overthrow of the Sheikh Hasina’s dictatorial government in Bangladesh is a startling outcome of the economic nightmare that many so-called developing economies are experiencing.