First Tremors of the Coming Slump In this introduction to the special feature Rob Sewell gives a general view of the meaning of the present turbulence in the markets and explains why we say these are just the first tremors of a coming slump.
Tiger Economies in Crisis Michael Roberts, ecomics editor of Socialist Appeal, explains the immediate causes of the present crash of the markets: the currency crisis in South East Asia and how these economies, which were supposed to be models of capitalist development suddenly collapsed.
The First Tremors - An analysis of the global economic situation In this major article, Ted Grant provides us with a general analysis of the present state of capitalism. With chapters on the nature of the boom/slump cycle, the peculiarities of the present "boom", the claim that Information Technology has solved the problems of capitalism, the crisis of overproduction, the situation in South East Asia, the consecuences that the coming slump will have and the tasks in front of Marxists at this particular juncture.
