Why we are Marxists
Capitalism is in its deepest crisis in its history. It is an economic, social and political crisis, which is now…
Category: Theory
What the Russian Revolution achieved and why it degenerated
This year marks the 100th anniversary of the October Revolution. The apologists of capitalism, and their faithful echoes in the…
What is money?
“The love of money,” the Bible tells us, “is the root of all kinds of evil” (1 Timothy 6:10). After…
What is historical materialism?
This work by Alan Woods, provides a comprehensive explanation of the Marxist method of analysing history. This first part establishes…
What will socialism look like?
Today, we find ourselves in the midst of one of the deepest crises capitalism has ever faced. While the 99%…
In Defence of Marx’s Labour Theory of Value
What is value? This question has perplexed the human mind for more than 2,000 years. The classical bourgeois economists grappled…
Technology, innovation, growth, and capitalism
The Marxist analysis of history – that is, the dialectical and materialist analysis of history – explains that the main…
The ideas of Karl Marx
It is 130 years since the death of Karl Marx. But why should we commemorate a man who died in…
The Capitalist Crisis and the Tendency of the Rate of Profit to Fall
The following article was originally published in the summer issue of the IMTs theoretical magazine In Defence of Marxism In…
Notes on the role of the state in the Indian economy
The Indian economy has undergone a long period of high and sustained growth. It remains a country of huge contradictions,…