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Daily Archives: October 5th, 2008

Marx and the Credit Crunch


Public Meeting
Tuesday October 21st
7pm Conway Hall, Red Lion Square, London




Istvan Mezsaros, author of Beyond Capital
Chris Harman, editor, International Socialism journal
Richard Brenner, author of The Credit Crunch – a Marxist Analysis

A global credit crunch. Banks collapsing. Prices soaring. Recession looming. Conventional economic theory appears to have no coherent explanation. Government stumps up hundreds of billions to rescue the bankers – and demands that working people’s pay be held down and spending cut on public services.

At this meeting, three Marxist writers examine the roots of this great crisis in the nature of capital itself. Tracing the current crisis to its origins, they show how workers can resist paying the price for a crisis they never made, and set out the case for systemic change.


Posted here by Glenn Rikowski

The Flow of Ideas is at:


By James Thomson

This is an essay written by an ex-student of mine, James Thomson. He wrote it when he was a final year student in Education Studies, in the School of Education at the University of Northampton. It was an essay for the EDU3004 module, ‘Education, Culture & Society’.

I have put James’ essay – with his permission – onto The Flow of Ideas website, mainly for the benefit of my current EDU3004 students, but others may also be interested in it.

The full reference and URL for the essay is:

Thomson, J. (2007) Paul Willis and Learning to Labour, Education Studies, School of Education, University of Northampton, 3rd December. Available online at The Flow of Ideas:


The Flow of Ideas is at:

Glenn Rikowski