The present study puts forward a plan for solving the sovereign debt crisis in the euro area (EA) in line with the interests of the working classes and the social majority. Our main strategy is for the European Central Bank (ECB) to acquire a significant part of the outstanding sovereign debt...

The notion social class attains a well-defined theoretical content in the works of the classical political economists, who defined classes on the basis of the specific income form that each category of people (class) obtains. This approach to class constitutes a first form of a 'friendly merger'...

In this paper, the concept of capital over-accumulation, formulated by Marx in Volume 3 of Capital, is discussed and adopted as the theoretical framework for the study of capital accumulation and economic crisis in Greece in the period 1960-89. The empirical part of the analysis is based on the...