logo
episode-header-image
Sep 2025
40m 50s

Will there be a slump? | Summer camp '25

Revolutionary Communist Party
About this episode

In the 1950s and 60s, while the so-called Marxists couldn't understand the post war boom, Ted Grant used the Marxist method to analyse what was happening. From this, he was able to understand that capitalism had not solved its contradictions but was destined for slump again.

At this year's RCP summer camp, Nelson Wan explains Ted Grant's article 'Will there be a slump?' and the method which allowed him to have this foresight.


🔗 ⁠Head to our website for more analysis on the topic⁠

✊ ⁠Join the Revolutionary Communist Party⁠

📰 ⁠Subscribe to The Communist and the In Defence of Marxism magazine⁠

💸 ⁠Donate to the RCP⁠

🌐 ⁠Read the latest news and analysis from the RCI

Up next
Jul 14
How China became capitalist
Whilst the Chinese Communist Party rule over China, it works with a capitalist mode of production. This is a historic peculiarity which originates with the successful Chinese Revolution in 1949. This revolution overthrew capitalism, but without workers power. This meant a slow re ... Show More
44m 22s
Jul 7
Rise and fall of US Imperialism
The relative decline of US imperialism is a process having enormous effects on every corner of the globe and every capitalist market. The US is struggling through its death agony which is resulting in a deeply unpredictable world. From wars to trade wars, to foreign policy on tru ... Show More
1h 5m
Jun 30
The failures of 'lesser evilism' and the popular front
Those on the left are increasingly being pushed the idea that we must support, vote for and publicly defend the 'lesser evil' in politics. Many liberal politicians orient their campaign around the idea that they are not as bad as the other candidate. This is not a new phenomenon ... Show More
54m 53s
Recommended Episodes
Feb 2024
The 1948 Economic Moment That Might Explain Our Own
<p>President Biden has struggled to sell Americans on the positive signs in the economy under his watch, despite figures that look good on paper. That could have important ramifications for his re-election hopes.</p><p>Nate Cohn, the chief political analyst for The Times, explain ... Show More
25m 9s
Mar 2023
Home affairs: America’s revealing property market
<p>Economists and politicians around the world are consumed with one question: is the world headed for a recession, or a relatively soft landing? We’ll tell you what clues the <a href="https://www.economist.com/finance-and-economics/2023/03/01/americas-property-market-suggests-re ... Show More
22m 24s
Jan 2022
Unsustainable envelopment goals: China’s zero-covid fight
<p>The Omicron variant is destined to test the limits of a policy that has already proved costly: consumption, growth and confidence are all <a href="https://www.economist.com/leaders/2022/01/22/the-rising-cost-of-chinas-property-and-pandemic-curbs?utm_campaign=a.io&utm_medium=au ... Show More
20m 4s
Mar 2023
Home affairs: America’s revealing property market
<p>Economists and politicians around the world are consumed with one question: is the world headed for a recession, or a relatively soft landing? We’ll tell you what clues the <a href="https://www.economist.com/finance-and-economics/2023/03/01/americas-property-market-suggests-re ... Show More
22m 24s
May 2023
Suck in the middle: the hole in America’s consumer base
<p>The past few years have proved tumultuous both for American consumers and for retailers selling to them. The end result is a <a href="https://www.economist.com/business/2023/05/02/the-business-trend-that-unites-walmart-and-tiffany-and-co?utm_campaign=a.io&utm_medium=audio.podc ... Show More
26m 5s
Mar 2023
Seed of doubt: venture capital tightens up
<p>A slump in tech is driving investors to <a href="https://www.economist.com/leaders/2023/03/02/the-tech-slump-is-encouraging-venture-capital-to-rediscover-old-ways?utm_campaign=a.io&utm_medium=audio.podcast.np&utm_source=theintelligence&utm_content=discovery.content.anonymous.t ... Show More
24m 58s
Jul 2024
China’s leaders pitch their tent in a rainstorm
The five-yearly Communist Party meeting known as the Third Plenum is historically tied with economic policy shifts. Slowing growth and rising trade tensions make the timing apt. In this Viewsroom podcast, Breakingviews columnists discuss what the event means for China’s future. V ... Show More
19m 15s
Oct 2022
Gilt trip: Liz Truss’s hobbled leadership
<p>Paroxysms in the market for gilts—British-government bonds that were once safe-haven assets—<a href="https://www.economist.com/leaders/2022/10/11/liz-truss-has-made-britain-a-riskier-bet-for-bond-investors?utm_campaign=a.io&utm_medium=audio.podcast.np&utm_source=theintelligenc ... Show More
26 m