Tag: capitalism

Keynes, the crisis of neoliberalism and why capitalism can’t be reformed

Covid-19 has turned the world upside down, making all that was considered impossible now seem possible. In the context of a new crisis for capitalism and the undermining of the neoliberal order globally, the ideas of the liberal economist John Maynard Keynes will increasingly gain traction in terms of the policies of capitalist governments, writes Cillian Gillespie. 

Top 85 richest enough as poorest 3.5billion

The top 85 richest people in the world have as much wealth as the 3.5billion poorest people according to a report released by Oxfam. This incredible statistic provides enough justification alone for ending the obscene profiteering and irrationality of capitalism today. Millions of people across the world suffer needlessly from […]

The expanding gap between the 1% and 99%

By Eoin Dawson, For years now workers have been told by right-wing politicians and economists that we need to tighten our belts whilst waxing lyrically about “green shoots of recovery”. They have applauded themselves more recently for recreating the same “conditions for growth” which actually led to the financial crisis, […]

“We stand on the eve of convulsive events, the greatest in world history”

World capitalist crisis and the class struggle Kevin Parslow reports from CWI Summer School in Belgium “We stand on the eve of convulsive events, the greatest in world history, of which the mighty movements in these countries are the precursor.” This was how Peter Taaffe of the CWI’s International Secretariat […]