The internationalists

(When capitalism is in crisis, when profit rates are falling, when the GDP growth of the most advanced countries is at minimal or zero levels, when states can barely survive under the weight of increasingly unsustainable national debt, when capital flies from the real economy to chase the chimera of easy profits leading to a vicious cycle of speculation that generates financial bubbles and...

(Part I ( – Part II ( – Part III ( – Part IV ( – Part V) · Globalisation and its Discontents · Before continuing with this section which brings us closer to our contemporary world, it is worth summarising the key elements in this necessarily truncated analysis of almost fifty years of capitalism’s profitability crisis.

As the Philly government bulldozes through a plan to build a new arena in center city, the workers at the three stadiums in existence can’t afford to feed their families. The demands that striking Aramark workers are fighting for, namely higher wages and classification as full-time workers to receive full benefits, reflect problems that are common to the entirety of the working class in the US...

(Anton Pannekoek, The Workers’ Way to Freedom & Other Council Communist Writings (1935-1954), edited and introduced by Robyn K. Winters (PM Press/Working Class History), 2024 (303 pp. $24.95)) · "The future belongs to the workers, but most of them still do not know it." (Anton Pannekoek, 1907) · We concluded our book on the Russian Revolution(1) by contrasting two erroneous, but opposing views,...

Another election season has arrived in the US’ sick and crisis-ridden political system. With the exit of Biden and the ascension of Kamala Harris, the Democratic Party has gotten a break in what was shaping up to be a defeat. Nevertheless, both ruling parties represent nothing less than full on political reaction.