economy

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.”

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.

The crisis in the banking industry has sent stock markets around the world into gyrations. What caused all of this? Is this a passing crisis? What impact will it have on the real economy? Ashley Smith interviews Michael Roberts.