The meteoric rise and collapse of FTX

The meteoric rise and collapse of FTX

The large cryptocurrency exchange FTX went out of business on November 11. Many have likened this phenomenon to the collapse ...
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Why Marx was right about capitalism needing to have periodic crises

Why Marx was right about capitalism needing to have periodic crises

The National Business Review reported a comment by New Zealand's then National Party government Minister of Finance, Bill English, on ...
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Throwing door open for oppressed people: Bolshevik Revolution changed the world forever

Throwing door open for oppressed people: Bolshevik Revolution changed the world forever

One-hundred-and-five years ago, on Nov. 7, 1917, workers and peasants overthrew the capitalist government in Russia. The world hasn't been ...
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Life expectancy and human development in the 21st century

Life expectancy and human development in the 21st century

Life expectancy is one of the best measures of human development.  In hunter-gather societies, on average, about 57-67% of children made ...
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Raise the minimum wage (and give Marx a prize)!

Raise the minimum wage (and give Marx a prize)!

The typical winner of the Nobel Prize in economics is a 67-year-old man, born in the United States, who is ...
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The relative decline of U.S. imperialism

The relative decline of U.S. imperialism

The swift collapse of Afghanistan puppet government when U.S. troops withdrew from the war with the Taliban and left the ...
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Capitalism: has the leopard changed its spots?

Capitalism: has the leopard changed its spots?

“Let me be clear: capitalism without competition isn’t capitalism. It’s exploitation.”, U.S. President Biden tweeted when signing an executive order ...
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Climate change and capitalism

Climate change and capitalism

As ice weighing more than 20 million Empire State Buildings melted from Greenland during the 20th century -- and even ...
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'Digital' workers don’t delete Marx on May Day

‘Digital’ workers don’t delete Marx on May Day

“Digital” economy and work, like the imagined and claimed “4th industrial revolution”, are mesmerizing many scholars that lead them to chorus: ...
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Karl Marx on the Paris Commune

Karl Marx on the Paris Commune

March 18, 2021, marks 150 years since the beginning of the Paris Commune, the first time in history that the ...
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