Chris Dillow: On class difference

We are not a liberal democracy but a liberal capitalist democracy and the most important part of that phrase is ‘capitalist’. It is the capitalists who set the limits of liberalism’s and democracy’s scope. Read […]

Nearly 10% of the world’s wealth is held offshore by a few individuals. The rest of us pay the price for this theft Read here  

According to Marxist theory, the Tendency of the Rate of Profit to Fall (TRPF) leads to recurrent crises under capitalism. It’s a helpful device for framing the history of modern capitalism, from the profitability crisis of the 1970s […]