Ecuador’s election wasn’t free — and its people will pay the price under President Noboa
What should we do about money?
One of the biggest challenges in post-Brexit, post-Covid Britain will be to confront the domination of Britain’s economy by the City of London and by international finance capital, says the MARX MEMORIAL LIBRARY
MOney money money
Join the traditional march from Clerkenwell Green, which will bring together countless international workers’ organisations in a statement against the far right
The money tap to anti-Cuban agitators will never be shut off under Trump
Mountains of research show that hardcore material harms children, yet there are still no simple measures in place
We face austerity, privatisation, and toxic influence. But we are growing, and cannot be beaten
Trump’s economic adviser has exposed the actual strategy: forcing other countries to provide financial support for US hegemony
Activist Angie Zelter has been arrested more than a hundred times. She’s not stopping now, writes LINDA PENTZ GUNTER
“My friends, I am not a communist” (Boris Johnson, 30 June 2020).
OUR last two answers argued that within capitalism money is much more than merely a facilitator of exchange.
Today, most money exists in digital form as credit and debt, created by central and private banks, disembodied from any physical manifestation, protected by the state and central to financialised capitalism where profits are increasingly disconnected from production of goods and services.
An understanding of the nature and function of money is a challenge to the government’s “good housekeeping” rhetoric and to Tina (“there is no alternative”) austerity.
More from this author
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
Most phenomena have an explanation, writes the MARX MEMORIAL LIBRARY, but occasionally ‘anomalous’ events have led to new scientific understanding
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
