Capitalism and Crisis: Why vampires shouldn’t feed on themselves

Amy Gilligan • May 21, 2014

Amy Gilligan explains how the contradictions at the heart of capitalism that mean that it is an inherently unstable system, prone to crises.

Suggestions for further reading:

Marx on the law of the tendancy of the rate of profit to fall in Capital Vol 3

Stuart Easterling on Marx’s theory of economic crisis in the International Socialist Review

Chris Harman’s Zombie Capitalism (published by Bookmarks)

Class and oppression

Ian Allinson • May 13, 2025

Some on the left say we should prioritise class struggles over issues of oppression. But fighting oppression is at the heart of socialism.

Ian Allinson • May 1, 2025

Do socialists spend too much time talking to like-minded people in a lefty bubble?

TK Adisa and Lotta P • April 25, 2025

Any new mass socialist formation must be rooted in class politics which understands its relation to oppression

Gareth Dale • April 2, 2025

A discussion on how state capitalism theory helps us understand the contemporary world

Charlie Hore • March 9, 2025

The rapid growth of the Chinese economy over the last quarter of a century and the growing tensions with the US

Jonas Marvin • February 9, 2025

In response to the threat of Farage’s Reform Party the left needs to build laboratories of hope.