Capitalism and Marxism

The coming economic crisis, Part 2: Socialism is the solution!

October 24, 2019 Greg Butterfield

Dear friends, Last time, we talked about the signs of an impending recession — what Marxists call a crisis of capitalist overproduction. What causes it, and what can we do to fight back? A lot […]

The coming economic crisis

October 12, 2019 Greg Butterfield

Dear friends, You don’t need me to tell you that times are tough. Not only is the cliché about living one paycheck away from disaster absolutely true; for many who have jobs, the crisis is […]

U.S. strategy against socialism: Czechoslovakia 1968, Hong Kong 2019

September 25, 2019 Lev Koufax

Since the start of the Hong Kong demonstrations, the corporate media have been united in their narrative that the demonstrators are fighting for democracy and are for independence from an oppressive Chinese regime. Upon closer […]

Capitalist pigs and capitalist decay

September 16, 2019 Stephen Millies

Donald Trump is an extremely dangerous, racist, sexist, billionaire pig. But is the former New York City mayor, Michael Bloomberg, that much different? All billionaires are not created equal. Bloomberg’s $55.2 billion fortune makes him […]

Trump tariffs clash with globalized capitalist production

August 2, 2019 Fred Goldstein

The Trump administration is caught between its “America First” super-imperialist, great power chauvinist politics on the one hand, and the capitalist world division of labor on the other hand. At every turn the contradiction between […]

Lessons of the 1977 New York rebellion

July 16, 2019 Sam Marcy

On the evening of July 13, 2019, parts of Manhattan’s Midtown and Upper West Side were plunged into darkness for several hours by an electricity outage. The outage, whose cause is still being investigated, disrupted […]

Tariffs: capitalist competition & class warfare

June 16, 2019 Lallan Schoenstein

As the June 28 economic summit of the G20 in Osaka, Japan, approaches, President Donald Trump is stepping up threats of tariffs and technological sanctions against China that could trigger a sharp global downturn. The […]

All signs point to deepening capitalist crisis

June 8, 2019 Lallan Schoenstein

Economic indicators reported in the business pages are grim, the outcome of a long global depression. In March, this news was characterized by Larry Summers, former U.S. Treasury secretary and professor at Harvard University, as […]

Lessons of the First Congress of the Communist International

March 9, 2019 Greg Butterfield

Since the collapse of the Soviet Union and much of the socialist camp, social democrats and revisionists in the international workers’ movement contend that the ideas of working-class power and the dictatorship of the proletariat […]

After the May 1968 uprising: The political character of capitalist rule in France

February 5, 2019 Sam Marcy

The year 2018 marked the 50th anniversary of the May 1968 uprising of workers and students in France. In light of the Yellow Vests protest movement shaking France today and the continued relevance of the […]