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 […]
‘On Thursday, France’s Parti Socialiste refused to back a motion of no confidence in François Bayrou’s government. It sold out its left-wing allies for feeble concessions, renewing the party’s dismal record of tailing neoliberal centrists.’ […]
“As a corruption scandal rocks the European Parliament, lawmakers and campaign groups say a lack of asset declarations, little reporting on contacts with third countries and barely any sanctions created an environment where rule-breaking could […]
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