Financial Times -- Can Marx Save Capitalism?

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The Financial Times video interview on the utility of Marxism to explain the developments in the current economic and financial crises.

This is part of the Financial Times' series on capitalism in crisis.

Financial Times -- Can Marx Save Capitalism?

Capitalism is in crisis, again. Do the writings of Karl Marx still have relevance as to why? Robin Blackburn of the New Left Review and Jason Barker, director of documentary "Marx Reloaded", discuss with FT leader writer Martin Sandbu.

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Marx Reloaded

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Pdf below -- The Crises of Democratic Capitalism

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Monthly Review -- Structural Crisis in the World-System

I have written repeatedly on the structural crisis in the world-system, most recently in New Left Review in 2010.

 

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Twin Virtues: Inequality of Outcomes & Equality of Opportunity©

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Ultimately, the most successful societies find the balance between the twin virtues of inequality of outcomes and equality of opportunity.

Tax policy should be founded on the principle of generating steady tax revenues sufficient to maximise sustainable economic growth and fund best in class instruments of social justice.

Public policy should never be designed to decrease inequality but should always be designed to increase equality.

Let the state regulate and the market operate (most things).

Welfare strategies are best designed as a hand up not as a hand out.

Find your voice and don't be the echo of somebody else.