economics

Communism has not yet begun - Claude Bitot

Karl Marx

First published in 1995 in France: Section One, “The Historical Balance Sheet” includes chapters on: communist movements throughout history; Marx and Engels and communism; “Real” vs. “Formal” domination of capital and the importance of this distinction for understanding the failure of the old workers movements (capitalism was not “obsolete” prior to 1945). Section Two, “Perspectives”, contains an extensive discussion of: the economic roots of capitalism’s current crisis (the “final stage of its cycle”); the communist revolution; and socialism.

Accumulatie en crisis - Sam de Wolff

Sam de Wolff

3 part article-series criticising both Tugan-Baranowsky and Luxemburg. Source: De Nieuwe Tijd, 20 (1915): 1–22; 353–72; 469–80.

Don't Vote - Prepare the Resistance

For years the world capitalist system has been in economic crisis. No matter what policies various governments have tried (from increased spending, to privatisation and letting the banks speculate on anything and everything) this crisis has not gone away. It got worse in 2007-8 when the speculative bubble fuelled by the banks burst. We have been paying the consequences ever since. Despite talk of a recent recovery, real incomes of the majority have continued to fall.

Abstract labour and value in Marx’s system - Isaak Illich Rubin

An English translation of a lecture given at a meeting of the General Economics Section of the Institute for Economics, Moscow, by I.I. Rubin in May and June 1927. First published in 'Pod Znamenem Marksizma', 1927; source: 'Capital and Class' #5, Summer 1978; translated: by Kathleen Gilbert; transcribed: by Andrew Chitty.

Qualifizierte Arbeit und Kapitalismus - Hanns Deutsch

Werttheorie und Entwicklungstendenzen. pp. 102. Wien, Stern, 1904.

Against the mainstream: Nazi privatization in 1930s Germany

An article about the wave of privatisations carried out by the Nazi party in the 1930s.

Class Consciousness 101

Libertarian Communist Symbol

The following is a manifesto that was written with the intention of introducing some newly arrived activists within the libertarian sector in the US to the core concepts of socialism and class consciousness. Consider it a handy tutorial or learning aid for individuals and organisations alike. As this is intended to be a light educational piece, some levity is to be expected to keep the reader engaged. This resource is in the public domain, and feel free to edit it with your own personal platform/goals.

Finance and productive capital - Aleksandr Finn-Enotaevsky

Rudolf Hilferding Aleksandr Finn-Enotaevsky finance capital

pp. 160, 1926, Moscow: Finansovoe izdatel'stvo NKF. Finn-Enotaevsky (1872–1941) was one of the best Marxist economists. This book provides a critique of Hilferding's theory of finance capital. Финансовый капитал и производительный. Александр Финн-Енотаевский.

The Chicago Boys in Chile: Economic Freedom's Awful Toll

An economic appraisal of the early years of the Junta in Chile and the failures of the Chicago School economists in charge of the nation.

No Pravin, it was not progressive nor redistributive

Finance Minister Pravin Gordhan

This article looks at the South African state's budget for 2017. Far from being redistributive and progressive, as the South African Minister of Finance claimed, it was rather a regressive and outright neoliberal budget.