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Capitalist Crises
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  1. The ABCs of the Economic Crisis
    What Working People Need to Know

    Resource Type: Book
    Published: 2009
    Rich, powerful people created the economic crisis of 2008-09, while hundreds of millions of working people suffer the consequences -- lost homes, lost jobs, rising insecurity, and falling living standards. How could this happen?
  2. The Accumulation of Capital
    Resource Type: Book
    Published: 1913
    Rosa Luxemburg's analysis of the inherent contradictions of capitalist accumulation.
  3. Age of Austerity
    Capital, the Financial Crisis and the State in Canada

    Resource Type: Article
    Published: 2016
    The financial and economic crisis of 2008 has left a continuing legacy on social welfare, showing up in slow economic growth, unemployment and underemployment, and increasing social conflict. In the debate over the future of the world economy, many foresee a long depression, and the intensification of neoliberal austerity. Geoffrey McCormack and Thom Workman's new book is concerned with Canada's unique economic and social history over the period of neoliberalism, including the financial and economic crisis of 2008.
  4. Age of Extremes
    The Short Twentieth Century 1914 - 1991

    Resource Type: Book
    Published: 1997
    A overview of the history of the years 1914 - 1991.
  5. Banks got $114B from governments during recession
    Resource Type: Article
    Published: 2012
    Canada's biggest banks accepted tens of billions in government funds during the recession, according to a report released today by the Canadian Centre for Policy Alternatives.
  6. Book Review: Marixism without Marx: Recent Interpretations of the Economic Crisis
    Resource Type: Article
    Published: 2012
    Paul Mattick’s, Business As Usual, and David McNally’s, Global Slump, each focuses on a single, primary aspect of Marx’s theory as a means to explain the current crisis. For Mattick, the point of entry into the economy is money; for McNally, it is competition. This propels them in very different directions, largely a function of how close to Marx they remain. Mattick’s book takes the form of an extended essay that warrants close reading. McNally’s lengthier treatment is both breezier and polemical.
  7. Can Civilization Survive "Really Existing Capitalism"? An Interview With Noam Chomsky
    Resource Type: Article
    Published: 2014
    On the occasion of the release of his latest book, Masters of Mankind: Essays and Lectures, 1969-2013, Noam Chomsky gave an exclusive and wide-ranging interview to C.J. Polychroniou.
  8. Das Capital, Volume 1
    A Critical Analysis of Capitalist Production

    Resource Type: Book
    Published: 1890
    Marx's great work sets out to grasp and portray the totality of the capitalist mode of production, and the bourgeois society that emerges from it. He describes and connects all its economic features, together with its legal, political, religious, artistic, philosophical and ideological manifestations.
  9. Capitalism is failing the planet
    Resource Type: Article
    Published: 2014
    If we continue with capitalist business as usual, there will be disastrous consequences for humanity. Capitalism is in unavoidable conflict with environmental sustainability because of three key features that are inherent to the system.
  10. Capitalism's violence, masses' revolt show need for total view
    Resource Type: Article
    Published: 2013
    News and Letters' Draft Perspectives Thesis. Our age is in such total crisis, facing a choice between absolute terror or absolute freedom, that a revolutionary organization can no longer allow any separation between theory and practice, philosophy and revolution, workers and intellectuals, “inside” and “outside.”
  11. Chicken Game: Eurocrisis, Again.
    Washington vs. Berlin

    Resource Type: Article
    Published: 2012
    How does one take an autonomous position against the European policies of social butchery without falling into nationalist, anti-German nostalgia or into rhetoric against “Anglo-Saxon speculation”? How do we put together struggles about rights, work and life with a constitutive struggle on the issue of debt, while avoiding any recourse to solutions “from above” to the risk of default?
  12. China in the Contemporary World Dynamic of Accumulation and Class Struggle
    Resource Type: Article
    Published: 2005
    The Chinese ruling elite is riding the whirlwind precisely because its own necessary reforms are quite visibly setting in motion social processes that could completely overwhelm it, namely a working-class and peasant insurrection which would necessarily assume a truly socialist content.
  13. Climate Crisis, the Deindustrialization Imperative and the Jobs vs. Environment Dilemma
    Resource Type: Article
    Published: 2014
    So long as we live under capitalism, today, tomorrow, next year and every year thereafter, economic growth will always be the overriding priority till we barrel right off the cliff to collapse.
  14. Communities of Resistance
    Writings on Black Struggles for Socialism

    Resource Type: Book
    Published: 1990
    A series of essays advocating grass roots organisations as the pathway to socialism.
  15. The Complete Works of Rosa Luxemburg, Volume I
    Economic Writings 1

    Resource Type: Book
    Published: 2013
    This first volume in Rosa Luxemburg's Complete Works, entitled Economic Writings 1, contains some of Luxemburg's most important statements on the globalization of capital, wage labour, imperialism, and pre-capitalist economic formations.
  16. The Complete Works of Rosa Luxemburg, Volume II
    Economic Writings 2

    Resource Type: Book
    Published: 2015
    This volume contains a new English translation of Luxemburg’s most important book, The Accumulation of Capital (1913) as well as her response to its critics. Taken together, they constitute one of the most important Marxist studies of the globalization of capital.
  17. Connexions Library: Economy, Poverty, Work Focus
    Resource Type: Website
    Selected articles, books, websites and other resources on the economy and economics.
  18. Creative Destruction: The Madness of the Global Economy
    Resource Type: Article
    Published: 2008
    The current system of economics, particularly the latest stage of 'turbo-capitalism', known inoffensively as 'neoliberalism', is built upon painful boom-and-bust cycles fuelled by corporate greed and maintained by cynical deception of the public. The costs to the planet - in terms of human suffering and environmental collapse - are staggering.
  19. 'Creative Destruction' - The Madness of the Global Economy - Part 2
    Resource Type: Article
    Published: 2008
    The dominant system of economics is unstable, inimical to social justice and lethally damaging to the environmental support systems on which we all depend. A major failure in professional journalism has been the refusal to analyse this; or even to report that real growth rates in the developed world have been declining since the 1970s.
  20. Decline of the Dollar: A Marxist View of the Monetary Crisis
    Resource Type: Book
    Published: 1973
    Useful for a-deeper understanding of what you read about in the business pages.
  21. A Dictionary of Marxist Thought
    Resource Type: Book
    Published: 1983
  22. Dunayevskaya, Raya - Writings - Index
    Resource Type: Article
    Writings of Raya Dunayevskaya (1910-1987).
  23. Economic Crisis and Crisis Theory
    Resource Type: Article
    Published: 1974
  24. EnvironmentSources.com
    Resource Type: Website
    Published: 2017
    Web portal with information about environmental issues and resources, with articles, documents, books, websites, and experts and spokespersons. The home page features a selection of recent and important articles. A search feature, subject index, and other research tools make it possible to find additional resources and information.
  25. Fictitious Capital and Contracted Social Reproduction Today: China and Permanent Revolution
    Resource Type: Article
    Published: 2012
    Once gain, as in 1914, capital requires, in order to survive as capital, a vast devalorization of all existing values, however great the destruction of human beings and means of production which that entails.
  26. The Greeks Get It
    Resource Type: Article
    Published: 2010
    Here's to the Greeks. They know what to do when corporations pillage and loot their country. They know what to do when Goldman Sachs and international bankers collude with their power elite to falsify economic data and then make billions betting that the Greek economy will collapse. They know what to do when they are told their pensions, benefits and jobs have to be cut to pay corporate banks, which screwed them in the first place. Call a general strike. Riot. Shut down the city centers. Toss the bastards out. Do not be afraid of the language of class warfare: the rich versus the poor, the oligarchs versus the citizens, the capitalists versus the proletariat. The Greeks, unlike most of us, get it.
  27. How The Oligarchy Gets Politicized
    A Short History of Elite Responses To Political-Economic Crisis

    Resource Type: Article
    Published: 2011
    The political activism of the elite is striking in times of crisis, when the latter takes the form either of severe economic contraction or of working-class militancy, or both.
  28. Killing the Host
    How Financial Parasites and Debt Bondage Destroy the Global Economy

    Resource Type: Book
    Published: 2015
    In Killing the Host, economist Michael Hudson exposes how finance, insurance, and real estate (the FIRE sector) have seized control of the global economy at the expense of industrial capitalism and governments.
  29. Marx and Nature
    A Red and Green Perspective

    Resource Type: Book
    Published: 2014
    While recognizing that production is structured by historically developed relations among producers, Marx insists that production as a social and material process is shaped and constrained by natural conditions. Paul Burkett shows that it is Marx's overriding concern with human emancipation that impels him to approach nature from the standpoint of materialist history, sociology, and critical political economy.
  30. Marxism.ca
    Resource Type: Website
    Published: 2016
    A gateway to resources about Marxism compiled by Connexions.
  31. A Marxist History of the World part 100: 1968-1975: the workers' revolt
    Resource Type: Article
    Published: 2012
    As the crisis of capitalism spread around the world, the working class took centre stage – but the revolt did not result in successful revolution anywhere.
  32. A Marxist History of the World part 105: The 2008 Crash: from bubble to black hole
    Resource Type: Article
    Published: 2012
    The financial crisis represents the end of an era in which greed and casino-madness had been given free rein by market deregulation and rising debt.
  33. A Marxist History of the World part 106: The Second Great Depression
    Resource Type: Article
    Published: 2012
    Four years after the beginning of the crisis, the neoliberal elite is trapped by the contradictions of the system on which its wealth depends.
  34. A Marxist History of the World part 61: The Long Depression, 1873-1896
    Resource Type: Article
    Published: 2012
    Neil Faulkner writes about the The Long Depression – an unprecedented economic slump which started the countdown to the First World War.
  35. A Marxist History of the World part 82: The Hungry Thirties
    Resource Type: Article
    Published: 2012
    Beginning with the Wall Street Crash in 1929, the world economy entered the Great Depression. The misguided policies that world leaders pursued ensured that millions of lives were torn apart.
  36. Marx's Concept of the Alternative to Capitalism
    Resource Type: Book
    Published: 2013
    In contrast to the traditional view that Marx's work is restricted to a critique of capitalism – and that he consciously avoided any detailed conception of its alternative – this work shows that Marx was committed to a specific concept of a post-capitalist society which informed the whole of his approach to political economy.
  37. Neoliberalism against capitalism?
    Resource Type: Article
    Published: 2015
    Neil Davidson on how the current neo-liberal project has been almost too successful as a ruling class strategy, creating a form of capitalism which endangers the long-term security of capital itself and edges society ever closer to barbarism.
  38. No surrender in Greece
    Resource Type: Article
    Published: 2010
    A member of International Workers Left (DEA), reports from Athens on the May 20 general strike and workers' growing radicalization.
  39. Other Voices: The Connexions Newsletter - August 21, 2014
    Killings by Police

    Resource Type: Serial Publication (Periodical)
    Published: 2014
    Topic of the week is Killings by Police. Articles on the way the Ebola crisis illuminates the moral bankruptcy of capitalism; Responding the capitalist crisis, in 1914 and 2014; Globaling Gaza: Israel's leading role in undemining international law; and Marinaleda, a town in Spain attempting to create alternatives based on democracy, co-operation, and mutual aid. Group of the Week is Librarians and Archivists with Palestine.
  40. Other Voices: The Connexions Newsletter - April 9, 2015
    Resisting Neoliberalism

    Resource Type: Serial Publication (Periodical)
    Published: 2015
    Resisting neoliberalism: "free markets" and "free trade" are an ideological cover for what is actually a form of state capitalism in which working people subsidize and bail out corporations and the rich. In this edition of Other Voices, and more extensively on the Connexions website, we look at both neoliberalism and the resistance to it. The version of capitalism which became dominant by the 1980s has been given the name neoliberalism. The term refers to the global economic restructuring which has taken place, and to the accompanying shifts in the structures of power under which local and national governments have seen their ability to act independently curtailed by international treaties and by institutions which owe their ultimate allegiance to corporate capital. The essence of neoliberalism has been an unending campaign of class struggle by the rich against the rest. Yet resistance continues, and indeed continues to grow.
  41. Other Voices: The Connexions Newsletter - July 3, 2015
    Greece and thd debt crisis

    Resource Type: Serial Publication (Periodical)
    Published: 2015
    Our spotlight this issue is on the debt crisis facing Greece. To understand the crisis, one has to look beyond the mainstream media to alternative sources of information. We've done that, with articles that set out to analyze the nature of the debt burden that has been imposed on the citizens of so many countries, not just Greece. Also: celebrating Grace Lee Bogg’s 100th birthday.
  42. Other Voices: The Connexions Newsletter - August 13, 2016
    Sports and Politics

    Resource Type: Serial Publication (Periodical)
    Published: 2016
    Sports and politics have always been intertwined, though perhaps never as much so as in the current era. In the modern sports era, survival and success depend largely on the favour of corporations, whose power to provide or withhold funding and sponsorships now shape every aspect of sport, including athletes' incomes and lifestyles. It is now difficult to remember that only a few decades ago, corporate logos were strictly forbidden at Olympic events, while athletes were prohibited from accepting any kind of payment for their involvement in sports. The corporate conquest of sports closely parallels the corporate colonization of nearly all aspects of modern life. Accompanying this in recent years has been the increasing injection of militaristic content into sports spectacles. In Canada, hockey games are now commonly preceded by rituals honouring militarism. In the United States, similar spectacles have been staged for years. In this issue, we feature resources which remind us that resistance to the commercialization, corporatization, and militarization of sports is also part of our heritage.
  43. A Political Economy of the African Crisis
    Resource Type: Book
    Published: 1989
    The economies of almost all African countries are in a state of crisis, and in some cases actual disintegration. This is a crisis not of natural disasters, but of human making, and in dramatic detail, Professor Onimode shows how this is now reflected in African countries' contracting economies, soaring unemployment, mounting external debts, and periodic outbreaks of famine. He examines the role of multinational corporations, the export of capital, and class and economic distortions.
  44. Que se vayan todos! Krise und Widerstand in Argentinien
    Resource Type: Book
    Published: 2003
    A collection of essays studying noncapitalist collectivism.
  45. Resisting Neoliberalism
    Introduction to the April 9, 2015 issue of Other Voices

    Resource Type: Article
    Published: 2015
    Neoliberalism is a fraud. The so-called free markets and free trade which it pretends to promote are in fact controlled by giant corporations, and massively subsidized by workers and ordinary citizens.
  46. Root & Branch: A Libertarian Marxist Journal, #7
    Resource Type: Serial Publication (Periodical)
    Published: 1978
    Articles on the class situation in Spain, authority and democracy in the United States, Marxism and Anarchism.
  47. Rosa Luxemburg
    Abridged Edition

    Resource Type: Book
    Published: 1969
    A biography of Luxemburg by a British academic.
  48. The Rosa Luxemburg Reader
    Resource Type: Book
    Published: 2004
    A definitive one-volume collection of Luxemburg's writings.
  49. Seeds of Fire
    A People's Chronology

    Resource Type: Article
    Published: 2017
    Recalling events that happened on this day in history. Memories of struggle, resistance and persistence.
  50. Book Review: Seventeen Contradictions and the End of Capitalism
    Resource Type: Article
    Published: 2014
    David Harvey has three aims in Seventeen Contradictions and the End of Capitalism (SCEC). First and mainly he wants to schematically analyze the contradictions of capital, the 'economic engine' driving the particular social formation capitalism. Second, he seeks to draw-out that analysis's implications for anti-capitalist politics dedicated to creating a world substantially more democratic, egalitarian, and emancipatory than that which capital affords. Third, he aims to address what might cause the end of capitalism and, specifically, whether capital's internal contradictions progressively undermine its conditions of existence.
  51. The State as Protection Racket
    Chapters in the History of Daylight Robbery

    Resource Type: Article
    Published: 2010
    The debate about the current global economic "crisis" is obscenely counterintuitive and illogical to the point of incoherence. Who is willing to 'follow the money"? This dictum appears utterly forgotten, despite recurring astronomic fraud perpetrated by US corporations.
  52. Syriza and the crisis
    Resource Type: Article
    Published: 2015
    Interview with Garganas Panos about the election victory of Syriza (the Coalition of the Radical Left) in Greece.
  53. System Change Not Climate Change
    Resource Type: Article
    Published: 2014
    Stopping climate catastrophe and winning a world of climate justice is a critical task of our generation -- and it will require a radical transformation of society and of our relationship with nature. This pamphlet examines the climate crisis, Canada's contributio, and the development of colonialism and capitalism that led us here.
  54. Toronto's Poor
    A Rebellious History

    Resource Type: Book
    Published: 2916
    Toronto’s Poor reveals the long and too often forgotten history of poor people’s resistance. It details how the homeless, the unemployed, and the destitute have struggled to survive and secure food and shelter in the wake of the many panics, downturns, recessions, and depressions that punctuate the years from the 1830s to the present.
  55. We can't go on like this
    Resource Type: Article
    Published: 2013
    The legitimacy of capitalism as a way of organising society has been undermined; its promises of prosperity, social mobility and democracy have lost credibility. But there has been no radical change. The system has repeatedly come under fire, but it has survived. What has happened? What can be done about it?
  56. What Every Environmentalist Needs To Know about Capitalism
    A Citizen's Guide to Capitalism and the Environment

    Resource Type: Book
    Published: 2011
    A manifesto for those environmentalists who reject schemes of “green capitalism” or piecemeal reform. Magdoff and Foster argue that efforts to reform capitalism along environmental lines or rely solely on new technology to avert catastrophe misses the point. The main cause of the looming environmental disaster is the driving logic of the system itself, and those in power — no matter how “green” — are incapable of making the changes that are necessary.

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