Capitalist crisis
The impending world recession
The IMF managing director Kristalina Georgieva has now openly admitted that the year 2023 will witness the slowing down of the world economy to a point where as much as one-third of it will see […]
Author: Prabhat Patnaik
Capitalism and Marxism
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 of the investment banking firm Lehman Brothers during the financial crisis of 2008, believing the […]