Ted Reese

Ted Reese

Ted Reese is a British Marxist in the tradition of Henryk Grossman. In Reese's first book, Socialism or Extinction: Climate, Automation and War in the Final Capitalist Breakdown (2019) he argues: that capitalism is the cause of and can only continue to accelerate the existential climate crisis; that socialism and a plant-based (mainly hemp and mycelium) industrial revolution are required to save the planet's habitability; that automation is abolishing the source of profit; and that the descent into negative interest rates indicates that capitalism is now entering its final crisis, meaning that socialism is becoming an economic necessity for the first time - but that the crisis also threatens the greatest world war to date between the imperialist powers.

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