Accelerating inflation may be an issue right now in the U.S. and other recovering capitalist economies. But for capitalism, profitability is the real benchmark and that can be hit by wage rises on the one hand and interest rises on the other.

In his latest piece, Michael Roberts takes a look at the crisis in productivity and the failures of Keynesian economics over nearly a hundred years.

Skeptical about capitalist claims that we will soon be “flush with cash” and out boosting the economy? The latest weekly increase in claims for unemployment benefits shows the real truth about the system of exploitation the working class confronts every day.

The GameStop bubble not only reveals what a “casino” the stock market is, but also shows us that when workers employ the methods of the bourgeoisie, they will be shut down and silenced.

In 2020, output, investment, and employment plummeted across the world, but the opposite was true for the stock and bond markets of the major economies. Marxist economist Michael Roberts explains this trend, which will likely reverse in 2021.

As Biden begins the first day of his presidency, the United States still faces near record levels of COVID cases and deaths. At the same time, economic activity remains well below pre-pandemic levels.

Larry Summers, a longtime servant of capitalism, one of its most prominent economists, and a Biden transition adviser, delivered a Christmas message against giving even a penny in “stimulus” to working-class and poor people who are sinking into despair in the pandemic economy.

Bipartisan consensus seems to be forming around a new stimulus bill. Unsurprisingly, this new package gives a weak and insufficient amount of aid to the working class. We must organize to fight for more.