Last week we saw how neoclassical economists argued that "free markets" would lead to a stable situation where everything was shared out as fairly as possible.
Britain’s carbon emissions, the major cause of global warming, are set to increase despite the passing of Britain’s first ever Climate Change Bill last week.
The former Minister of Culture in the Black Panther Party talks to Ken Olende about the fight for black liberation in the United States and a new exhibition of his art work
The Black Panther Party was founded by Huey Newton and Bobby Seale in Oakland, California.
Last week we saw how the pioneers of modern economics argued that human labour was the ultimate source of wealth. Adam Smith and David Ricardo developed a "labour theory of value" that formed the cornerstone of their political economy.
The number of people killed in the ten years of war which has devastated the Democratic Republic of Congo (DRC) is truly staggering.
The enormous enthusiasm that surrounds Barack Obama’s presidential election campaign is an expression of the desire of millions to see change.
Adam Smith is considered to be the founder of modern economics. He was a pivotal figure in the Scottish Enlightenment, a period of intellectual and scientific creativity that swept across Scotland in the mid to late 18th century.
Capitalism is a uniquely crisis prone system. It lurches from boom to bust and back again, and produces wars and revolutions with a regularity previously unknown in history.
Stock markets across the world plunged last week as financial institutions began to face up to the reality of a new global downturn. Revenues, profits and economic growth are all going to plunge as the recession begins to bite.
The events of the past month have brought the question of state intervention in markets into sharp focus. Since the rise of neoliberalism 30 years ago, belief in the rule of the free market has become absolute among our rulers.
