Since the last issue of _Revolutionary Perspectives_ the political and economic turmoil in the United Kingdom has surprised the rest of the world.(1) It began in late September with the ill-fated…
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The survival of capitalism in the imperialist phase brings its own logic. Moscow, for instance, is driven towards pursuing the establishment of parity between the rouble and gold in an attempt to…
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Inflation that was supposed to be "transitory" has been cutting away at workers’ real wages for more than a year now. The September inflation report from the US Bureau of Labor…
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The article which follows is translated from the current edition of _Battaglia Comunista_. It is a timely reminder that the death and devastation in Mariupol, Kharkiv and other Ukrainian cities…
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The Chinese real estate market (officially strictly "socialist"!)(1) has been showing signs of crisis ever since the China Evergrande Group failed to pay interest on an offshore bond and…
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Capitalism finds itself in a tricky situation. Since the end of the post-war boom in the 70s, despite the restructuring of production, and the attacks on the daily working conditions of millions…
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"This is for you, Dad. _
I remember when the housing collapse sent a torpedo through my family. My father's concrete company collapsed almost overnight. My father lost his home. My uncle…
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(Review: The Deficit Myth: Modern Monetary Theory and How to Build a Better Economy(1) by Stephanie Kelton (published by John Murray, 2020).)
Stephanie Kelton, a professor of economics and…