economics

UK: One in four will live in fuel poverty

Over 14 million people could find themselves in fuel poverty in the near future, if new figures from gas giant Centrica predicting a 70% rise in gas prices prove accurate - nearly a quarter of the population.

Around 4.5 million households are currently living in fuel poverty, equating to around 10.4 million people according to the government’s 2002 figures from the Household Survey, but another 1.6 million homes are likely to be added as prices continue to rise.

The permanent crisis: Henryk Grossman’s interpretation of Marx’s theory of capitalist accumulation - Paul Mattick

Paul Mattick

Mattick's classic work on the economic theories of Henryk Grossman and the dynamics behind the inevitable downfall of capitalism.

Introduction

Modern capitalism and revolution - Paul Cardan

Paul Cardan

Paul Cardan (Cornelius Castoriadis) attempts to describe and analyse the features and dynamics of the fully-industrialised capitalist societies of the early 1960s.

About the text

Burma: International power play?

Rob Ray looks at the economics surrounding the ‘Saffron Revolution’ in gas-rich Burma for Freedom newspaper

In the aftermath of the Burmese protests, in which hundreds of thousands of people took to the streets alongside Buddhist monks, there has been mounting international pressure on China and India to pull back their substantial economic support to the country.

Private Equity: a vicious new breed?

Rob Ray looks at the recent manoeuvrings of Private Equity and asks what relevance its growth may have

In scenes reminiscent of the 80s pre-stock market crisis, a major row has blown up over the attempted Private Equity takeovers of high-street giants Sainsbury’s and Boots.

A prole's guide to the recession: economics with the truth - Wildcat (UK)

A guide to the language of economics and recession as it relates to workers, as opposed to abstract mystifying jargon.

A redefining of some economic terms.

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A PROLE'S GUIDE TO THE RECESSION
- Economics With The Truth

Going east: Direct investments in Eastern Europe

New Toyota Peugeot Citroen Automobile in the Czech Republic

Article looking at the flow of investments from Germany (and elsewhere in Western Europe) to countries further east.

“Then I will leave and go to the east!”
What some decades ago might have been a defiant outcry of desillusioned lefty teachers, under the threat of dismissal due to their CP membership, is now taken up again and realised by the ‘class enemy’.

Foreign investments in the Czech Republic: Boom or fall? 2004

Czech factory

Article analysing foreign investment and business in the Czech Republic since 1989 and recent changes which are occuring.

Transformation towards private capitalism, which started after 1989, was at the beginning mainly affected by the struggle inside the old-new ruling class for the actual character of this change. Already in 1990 the Czech faction of bourgeoisie led by Vaclav Klaus, who was minister of finance and who later became the prime minister and who is now the present president, got the strongest position.

Migration, industry and struggles in Poland, 1956-2005

Poland joins the EU

An analysis of Poland, its economy, its social and political history and how it has been shaped by workers' struggles past and present.

Behind the Border
It is only a one hour journey from Berlin to the German-Polish border, the supermarkets in Berlin offer Polish food, immigrants from Poland are part of daily life in the German capital - nevertheless there are not many direct contacts (apart from perhaps the punk scene). The ‘iron curtain’ is slow to dissolve, due to languages and the geographical location.

Romania after the transition - restructuring and struggle, 2004

Energy workers strike, Romania 2007

Article looking at capitalist restructuring and economic changes in Romania, and the growing militancy of the working class.

Romania after the Transition
Promised Land and Class Struggle

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