Marxism and the Media – Part Two As with the sites of production of other commodities, the sites of media production are simultaneously sites of struggle. Journalists and other media workers can and must struggle against the domination of capital over their professions and over humankind.
The Capitalist Crisis and the Tendency of the Rate of Profit to Fall [The following article was originally published in the summer issue of our theoretical magazine In Defence of Marxism] In the last issue of the In Defence of Marxism magazine we polemicized against the theory of “under-consumption” as an explanation of capitalist crisis. In this issue, we wish to look at Marx’s law of the tendency of the rate of profit to fall.
Marx, Keynes, Hayek and the Crisis of Capitalism A recent BBC documentary series entitled “Masters of Money” examined the ideas of three historical giants in economics: Keynes, Hayek, and Marx. In this article, we compare and contrast their ideas in the context of the current crisis of capitalism, to see if any of these figures and their writings really do have the answers to solve the problems facing society today.
