GameStop, casino capitalism and chaos on Wall Street

Since the beginning of the year, a group of amateur traders, organised on Reddit, have been playing the market against major hedge funds, who had shorted shares for GameStop: a US-based video game retailer. As a result, GameStop’s share prices have gone through the roof, and a billion-dollar hedge fund had to be bailed out to […]

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10 years on: lessons of the Egyptian Revolution

Among the countries whose masses participated in what became known as the Arab Spring, the Egyptian Revolution is perhaps the richest in lessons, as well as prospects for the immediate future. This article provides a balance sheet of the revolution and its aftermath, 10 years later, and explains the revolutionary perspectives for Egypt today.

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Happy New Year – for some

Alan Woods, editor of marxist.com, looks at the tumultuous state of the world at the dawn of 2021. Capitalism is in a profound crisis. While a handful of billionaires enrich themselves, the vast majority are trapped between the coronavirus pandemic and poverty. But Marxists remain optimists. The working class and youth are beginning to stretch […]

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