economy

ILO’s Global Wage Report

Wages, productivity and the rate of exploitation: Some concrete examples

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.
Donald Trump

Law and bonapartism in US politics

Sam Williams — The economic contradictions of the capitalist system are coming to a head.
Pakistani Rupee

The IMF’s conditional loan and its cost: Pakistan may have been saved, but not the people

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.
bank collapse

Banks on the brink? The origins, nature, and trajectory of the crisis — Interview with Michael Roberts

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.