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crisis

Crises (Theories of Surplus Value) - Karl Marx

Section from Robert C. Tucker's Marx-Engels Reader entitled "Crisis Theory", taken from Marx's Theories of Surplus Value manuscripts, in which Marx deals with capitalist crises.

Climate Crisis and Social Transformation in the Age of Corona - Norbert Trenkle

Text from Norbert Trenkle of Krisis Group examining the corona crisis in relation to the climate crisis and capitalist value production.

The Global Pandemic and Imperialist Competition

By any rational measure you might assume that a dominant sentient species when faced with global threats would pull together, pool resources and information and search for a mutual solution to the problem. But the coronavirus pandemic has confirmed what the climate change crisis already told us: that capitalism, even in its “globalised” form, is fundamentally unsuited to producing a coordinated response to tackle anything.

Reflections on the Coronavirus and Economic Crises

A much expanded update to the article we previously published here: leftcom.org

The Pandemic and the Worsening Crisis: Some Reflections on the Consequences and Perspectives

This short reflection is a synthesis of ideas common to various comrades, from different areas, with whom we frequently discuss. In fact, some of the considerations here are now becoming an integral and shared perspective beyond that of any one organisation. This gives us hope that in the near future the most politically aware elements will recognise that we are all travelling in the same direction.

"All in it Together" or Class against Class

The following is the outline of a presentation for a CWO local education "virtual" meeting on Marxist theory of economic crisis for members and sympathisers. For obvious reasons the discussion centred round the current economic situation in which, as the meeting concluded, "The class nature of the alternatives are becoming clearer – all shades of government are embracing ‘leftism’, creating all the debt they need as they try to stabilise the system. For communists, there is still the need to intervene where we can, to spread our analyses, and to work towards building the future party."

Reflections on Coronavirus and the Economic Crisis

Leaving aside for a moment the issue of “fake news” conspiracy theories circulating in the ether about the origins of the virus, that whether by accident or deliberately American laboratories engineered it themselves (with all the implications this would have on international imperialist scenarios), let us confront the problem in simple terms, based on what the theorists are saying about the possibility of coming out of this latest financial-economic crisis.

The Virus is Capitalism

The coronavirus pandemic is battering the whole world. It has upset a social and economic order that appeared immutable. It has dramatically laid bare the reality of human relations in this society based on the exploitation of one human being by another in the name of profit.

Capitalism Grappling with Coronavirus

Coronavirus has now become a pandemic that none of us wished for. And the response of the society in which we live only demonstrates the absurdity of its economic laws which cannot cope with sudden calamities and natural upheavals, including the climate and environmental disasters also looming on the horizon.

What's the System? Review of an Angry Workers Pamphlet

The Angry Workers of the World (AWW), a group based in West London which publishes the irregular workplace bulletin WorkersWildWest, has released a pamphlet collecting their articles on history, crisis, and revolution. We want a new society – and don’t we need it! seeks to explain in a straightforward manner how the current system emerged and how a new society can replace it.