Theory

Marx’s Theory of Crisis and the Current Economic Crash

by Robert Montgomery 14th July 2020 “Why is the world financial system in crisis? First in 2008 and now in 2020 we have seen the world plunge into the worst financial crisis since the Great Depression with incalculable economic and political consequences. Marx’s work has a theory of economic crisis that explains why capitalism is […]

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A very short guide to class

There is a lot of confusion about the basic concepts of socialism. This glossary is designed as a very basic “starter” to for those interested in understanding concepts of class. It is important to note that class in Marxist terms describes someone’s relationship to the “means of production” eg do they make their money from […]

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