financial crisis

A fantastic book by Naomi Klein documenting how governments take advantage of social crises in order to implement unpopular neoliberal policies.

For the CWO, and indeed the entire political tendency to which we belong, it is axiomatic that we…

Capitalism finds itself in a tricky situation. Since the end of the post-war boom in the 70s,…

You cannot beat the capitalist elite at their own game.

A 1998 article from Black Flag contrasting the emerging "tiger" economies with the uprisings in Mexico and Albania.

Joan Robinson once said that the point of studying economics was to be able to work out when economists were lying. Being a left-wing Keynesian, she was immune to the usual ideological (if not religious) biases of mainstream economics. Her point is both correct, and usually ignored because economics has far more to do with ideology than facts, belief than science.

It is now 11 years since the bankruptcy of Lehman Brothers. The crisis in the real economy, instead of fading from memory, has become a fixture.

On re-reading this piece, what is striking about the picture of the working class in capitalism's self-styled service economy in 2006 is how much…

Part four of this article was written before the biggest financial crash was followed by the biggest…

Midnight Notes' certified struggle accountants present a global balance sheet for the late 1970s and early 1980s.

Part three of this series was published in 2005, two years or so before the great financial crash…