Exposition and refutation of the transformation problem of Bortkiewicz, dating from 1922 (Under the Banner of Marxism, no.7-8, p.145-153). Submitted by Noa Rodman on December 31, 2014 To illustrate ...

Paul Mattick, Business As Usual: The Economic Crisis and the Failure of Capitalism. London: Reaktion Books, 2011. David McNally, Global Slump: The Economics and Politics of Crisis and Resistance.

Karl Marx has returned, if not quite from the grave then from history’s dustbin. German Finance Minister Peer Steinbrück recently said that Marx’s answers "may not be irrelevant" to today’s problems.

Daniel Liberto is a journalist with over 10 years of experience working with publications such as the Financial Times, The Independent, and Investors Chronicle. Eric's career includes extensive work ...

The economic theories of both Karl Marx and Arthur Laffer are largely considered incorrect by mainstream economists. Laffer's theory, known as the Laffer Curve, incorrectly predicted that tax cuts ...