Marxist theory

By Simon Butler
February 21, 2009 -- As the world economy spirals down into its deepest crisis since the great depression, the writings of Karl Marx have made a return to the top seller lists in bookstores. In his native Germany, the sales of Marx’s works have trebled.
His theories have been treated with contempt by conservative economists and historians. Yet, in the context of the latest economic downturn, even a few mainstream economists have been compelled to ask whether Marx was right after all.
Marx argued that capitalism is inherently unstable, fraught with contradictions and prone to deep crises.
Exploitation, war, hunger and poverty were not problems that could be solved by the market system, he said. Rather, they were inescapable outcomes of the system itself. This is because capitalism is dominated by the wealthiest corporations and devoted to profit above all else.
Only a move to a democratic socialist society, where ordinary people are empowered to make the key decisions about the economy and society themselves, can open the path to genuine freedom and liberation.

By Michael A. Lebowitz
[Michael Lebowitz will be a featured guest at the World at a Crossroads conference, to be held in Sydney, Australia, on April 10-12, 2009, organised by the Democratic Socialist Perspective, Resistance and Green Left Weekly. Visit http://www.worldATACrossroads.org for full agenda and to book your tickets. Find other articles by Michael Lebowitz HERE.]
World at a Crossroads - Fighting for
Socialism in the 21st Century
Easter 2009, April
10-13
Luis Bilbao: Venezuela and `the rebirth of the idea of revolution'

Interview with Luis Bilbao, conducted by Agustina Desalvo for the Argentinian journal Razón y Revolución, issue #18 (second semester 2008). Translated by Links International Journal of Socialist Renewal/Green Left Weekly’s Federico Fuentes and published with the permission of Bilbao.
Luis Bilbao is a central participant in the construction of the mass United Socialist Party of Venezuela (PSUV) and in the formation of the Union of South American Nations (UNASUR); founding editor of the Latin America-wide monthly magazine América XXI. Luis Bilbao will be a featured guest at the World at a Crossroads conference, to be held in Sydney, Australia, on April 10-12, 2009, organised by the Democratic Socialist Perspective and Green Left Weekly. Visit http://www.worldATACrossroads.org for full agenda and to book your tickets.
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Free pamphlet: Revolutionaries and parliament: The Bolshevik experience
By Maurice Sibelle

By Chris Slee
John Bellamy Foster: The great financial crisis: causes and consequences
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.)
