Remember kids! "Capital is dead labour, that, vampire-like, only lives by sucking living labour, and lives the more, the more labour it sucks." Get ready to go back to school by reading Verso's Economics 101 syllabus.
Companion to Marx’s Capital Volume 1 & Volume 2
By David Harvey
This is a must-read for anyone wanting a fuller understanding of Marx's political economy.
“No short review can do justice to this outstanding book ... Essential.”
– Michael Perelman, Choice
In a special long-read published on his Channel 4 blog, Paul Mason offers five pictures of Greece on the verge of default.
A divided population?
As the crunch approaches the atmosphere has changed. For six months the centre right in Greece was prepared to wait and let Alexis Tsipras try—and fail—to secure a letup on austerity. Now the old political establishment has understood he intends to take this to the bitter end: a default on Greece’s June payment to the IMF, with possible dire consequences for the banks as early as Monday night.