National Sections of the L5I:

Economy

Socialism: The transition to Communism

What is the difference between socialism and communism? How can we get from a capitalist society with all its problems, divisions and inequalities to a communist society? Read more...

Marxist Theory of Political Economy

What is political economy? Students of economics are usually taught their subject in isolation from politics and history, but for Marxists the economic can only be analysed in a political way, here is why. Read more...

Globalisation: the contradictions of late imperialism

In the Nineties, multinational corporations vied with each other to take over the industries and services of much of the world. Commentators coined the term “globalisation” to describe their domination. Keith Harvey explores the roots of this phase of imperialism in the growing contradictions of US capitalism in the decades after the Second World War and concludes that its days are already numbered. Read more...

Russia: Protests against pension cuts show potential for resistance

In June, the Russian government announced a far-reaching pension "reform". The main change is to raise the retirement age for women from 55 to 63 and for men from 60 to 65. Read more...

Turkey: Economy at the cliff edge

Writing in the Guardian at the beginning of June, Kenneth Rogoff, a professor of economics at Harvard, posed an important question: "Are the brewing exchange rate and debt crises in Argentina and Turk Read more...

Stormy times ahead in Pakistan

In the general election in Pakistan, held on July 25, the Pakistan Justice Movement, PTI, of Imran Khan, won 116 seats, with 16.8 million votes. Read more...

EU summit – Agreement at the expense of refugees

The two-day meeting of the Council of the European Union in Brussels on June 28/29 was totally overshadowed by the issue of migration and the demands of a faction of central European states plus Italy Read more...