Economy

Speech delivered by David North to a July 18, 1992 public conference in Detroit, Michigan. (Bulletin Reader Series pamphlet) Learn More

The Socialist Equality Party was incomparable in its ability to predict and assess the global financial collapse of September 2008. In the three years following the collapse of the housing bubble, the SEP laid out its perspectives for the resurgence of working class struggle. Learn More

The complete first volume of Marx's Capital. Contains all prefaces and introductions by Marx and Engels to the French, German and English editions. Learn More

This volume contains the early writings of Marx, marking the first step toward the elaboration of what would become the Marxist world outlook. Learn More

The economic crash of 2008, starting with the collapse of Lehman Brothers, set off the deepest world recession since the 1930s, and led to the destruction of tens of millions of jobs internationally. World governments, led by the newly-elected Obama administration, handed out trillions of dollars to ensure the bad debts of the banks and of financial speculators, even while imposing 50% wage cuts on US autoworkers and impoverishment of the broad population.

David North, chairman of the International Editorial Board of the World Socialist Web Site, argues that the rapid growth of social inequality, rooted in the historic crisis of the capitalist system, will bring on titanic class struggles internationally. The complete breakdown of democratic forms of government, the turn to the far-right by today's ruling elites, the mad pursuit of escalating wars, and the emergence of working class struggle, all provide further confirmation that far from being at an end, "History" is very much with us.

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David North, in three lectures delivered within a few months of the 2008 collapse of Lehman Brothers, argues that the rapid growth of social inequality rooted in the historic crisis of the capitalist system, will bring on titanic class struggles internationally. The crisis of 2008 represented a turning point in American and world capitalism.

Published in 2012, and drawing attention to the mass upsurges of 2011, the themes in these lectures are indispensable for workers and youth currently entering onto the stage of history.

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A fighting revolutionary program for the American working class, adopted by the First National Congress of the Socialist Equality Party in August 2010, this document lays out an analysis of the global economic crisis, its political implications and the tasks of the working class. The SEP program outlines a series of basic social rights for jobs, education and culture, health care and democratic rights—all of which are under attack within the current capitalist system—and can only be won by the mobilization of the working class.

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The Socialist Equality Party was incomparable in its ability to predict and assess the global financial collapse of September 2008. In the three years following the collapse of the housing bubble, the SEP laid out its perspectives for the resurgence of working class struggle.

The three reports in this pamphlet track the development of the most profound economic crisis since the Great Depression, and outline the urgent tasks facing the international working class—more relevant today than ever.

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A good introductory collection for those new to socialism. These writings explain the origins of the 2008 financial crash and outline a socialist perspective for the working class. It is a good compliment to the Socialist Starter Bundle and the SEP Bundle for those seeking to understand the basic conceptions of Marxism without overly complex words and in straightforward terms.

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