Marx vs Keynes: Where Does Economic Growth Come From? “We are all Keynesians now.” So said Richard Nixon, the Republican and former President of the USA, in 1971. Forty years later, it seems that John Maynard Keynes is back in fashion, especially amongst the leaders of the British Labour movement. The reformist leaderships of the Labour Party and the trade unions cling to the Keynesian idea that the economy can simply be “stimulated” back in growing. But as the Marxists have explained before, the current economic crisis is not just part of some boom-and-slump, but is an organic crisis of capitalism, and growth cannot simply be created at will.
Bolshevism and the capitalist crisis today The genuine forces of revolutionary Marxism were neither demoralised nor disillusioned by the collapse of the Soviet Union. The search for an alternate to the present mayhem and drudgery of capitalism will have to rediscover the path of the most scientific of the revolutions of the past.
Trotsky’s “Their Morals and Ours” – a review The issue of “morality” and “morals” is often used by critics of the Russian Revolution and supporters of capitalism to smear the historical significance of the Bolsheviks and tar the idea of socialism altogether. Leon Trotsky answered these critics in his pamphlet “Their Morals and Ours”, written in 1938. In this article, we look at Trotsky’s pamphlet and his analysis of “morality”.