In the third of a four-part serialisation from her new book No to Nuclear, LINDA PENTZ GUNTER explains how the world had a chance to build an energy system around renewables more than 70 years ago — instead, it chose nuclear
A spectre is haunting global capital — the spectre of falling rates of profit
The ultra-low and sub-zero interest rates reflect a system afflicted by a falling rate of profit, says FAWZI IBRAHIM
CENTRAL ROLE: People wearing face masks walk past the Bank of England and the Royal Exchange in London
Elon Musk says AI will make work optional. The world of abundance he predicts actually spells the end of the capitalist system, argues FAWZI IBRAHIM
Indian students have fought for the right to education, schooling us all in the process. Comrades from the Students’ Federation of India (SFI) — UK comment on the resistance and its ripples here
Edinburgh’s upcoming by-elections offer tenants a chance to put politicians under pressure over soaring rents and a council that has repeatedly sided with landlords and developers, says ADITI JEHANGIR
The real welfare dependency is at the top of our society, says ALAN SIMPSON
Tony Benn’s constituents chose him by an overwhelming majority — but because he had inherited a peerage, parliamentary rules declared their choice invalid, writes MAT COWARD
THE much-discussed and sometimes ridiculed Marxist theory of the tendency of the rate of profit to fall has come into its own.
The historic low interest rates are testimony to its validity; ultra-low interest rates are recognition of ultra-low rates of profit.
The theory is dazzling in its simplicity. The rate of profit is the ratio of profit divided by capital expenditure also known as capital stock.
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Elon Musk says AI will make work optional. The world of abundance he predicts actually spells the end of the capitalist system, argues FAWZI IBRAHIM
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