Marx’s explanation of the Law of the Tendency of the Rate of Profit to Fall has been all but ignored as the underlying cause of this crisis, and indeed all post-war crises, by Lynn Walsh and the Socialist Party EC. It has been side-lined, like a fif... read more
In the interests of an objective assessment of the opposing positions, we have reproduced the Socialist Party EC’s reply to our first document, “What is the cause of the current capitalist crisis?”. Our reply to this document is “I... read more
Theory and practice of Marxism The development of a new workers party in the next period will almost certainly be achieved with the participation and guidance of the Socialist Party and the CWI. The last period has been extremely difficult for the ideas o... read more