Topic: austerity

Since 2008 the major capitalist powers have wantonly used public money to bail out the big banks and corporations, thus allowing these to show profits on their balance…

At the outset, let me make it clear that imperialism as overdeveloped and moribund capitalism and the Southeast Asian social economies as underdeveloped neo-colonial appendages of imperialism are…

Even when monopoly capitalism was becoming dominant in the most developed industrial capitalist countries from the 1870’s onward, the monopoly bourgeoisie trumpeted the doctrine of laissez faire. This…

I am happy to participate in an autopsy. “Neoliberalism” or “free market” globalization is practically dead. It has been killed by the current global recession. The economic policy-makers…

The October Revolution of 1917 remains significant and relevant. It brought about the first socialist state and society. It demonstrated the capability of the working class, in unison…

You hit the nail on the head when you speak of imperialist globalization. The monopoly capitalists, their political stooges in states and their reformist “civil society” apologists try…