Israel continues to operate with impunity in what seems to be a brutal and protracted experiment, while much of the world looks on, says RAMZY BAROUD
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Does capitalism depend on credit?
Credit is essential for the continuation of capitalism but also a major source of its instability, writes the MARX MEMORIAL LIBRARY
A new report by Amnesty International pulls no punches in highlighting the Labour government’s human rights violations of those on benefits, says Dr DYLAN MURPHY
With Reform UK surging and Labour determined not to offer anything different from the status quo, a clear opportunity opens for the left, argues CLAUDIA WEBBE
A recent Immigration Summit heard from Lord Alf Dubs, who fled the Nazis to Britain as a child. JAYDEE SEAFORTH reports on his message that we need to increase public empathy with desperate people seeking asylum
By sticking together, working collectively and building the union, we can weather any uncertainty ahead, writes general secretary of Usdaw PADDY LILLIS
The announcement of a Women’s Justice Board should be cautiously welcomed, writes SABINA PRICE, but we need to see a recognition that our prison system is in crisis and disproportionately punishes some of the most vulnerable people in society
Cuba Solidarity Campaign secretary BERNARD REGAN says the inhuman blockade of Cuba not only continues, but the Donald Trump administration is ratcheting up aggression against both Havana and Latin America more widely
WELL, the short answer is “yes, capitalism does depend on credit.” And it depends on debt, the other side of the “coin.” But the way it manifests itself is complicated.
Have a look at a £5, £10, £20 or, if you’re rich enough to have one, a £50 note. On the face with the Queen’s head on it, under “Bank of England,” all the notes have written: “I promise to pay the bearer on demand the sum of…”
They are all promissory notes, IOUs, to you. But try taking your banknotes into a bank to ask for payment and you’ll get a very dusty answer.
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Most currently popular arguments for degrowth describe a real problem without recognising its true cause – capitalism’s insatiable need to accumulate, argues the MARX MEMORIAL LIBRARY
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The fight to defend public services is as important as the struggle over wages, but presents different challenges to workplace organising — especially with regards to bourgeois propaganda and conditioning, writes the MARX MEMORIAL LIBRARY
Marx and Engels’ concern with soil provides a focus for understanding the relationship between capitalism and the environment, argues the MARX MEMORIAL LIBRARY
