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latest news

US
Over 1,000 attend housing debate hosted by Socialist councillor Kshama Sawant

31/07/2015: Kshama Sawant, Seattle’s socialist councillor defending seat in primary elections on 3 November

  US

 CWI School
Social and political turmoil in Ireland

30/07/2015: Socialists play key role in rapidly changing situation

  CWI, Ireland Republic

Britain
Corbyn’s Labour leadership bid shows anti-austerity message popular

29/07/2015: Militant Tendency held up as bogeyman by Labour right and media - What’s the real history?

  Britain

Turkey
Horrific Suruc massacre

28/07/2015: Only workers’ unity can end terrorism and division

  Turkey

 CWI School
Europe’s euro-crisis and prospects for class struggle

28/07/2015: Ground prepared everywhere for new battles and rise of left formations

  CWI, Europe

Britain
Labour Left leadership candidate under fire from right wing

27/07/2015: Blairites’ terror at popularity of left-wing ideas in Corbyn campaign

  Britain

 Turkey
CWI brings solidarity with Suruç victims

22/07/2015: Message of support from the CWI and its sections

  Solidarity, Turkey

Turkey
Massacre in Suruç

20/07/2015: Kurdish and Turkish people pay price for Erdoğan’s support for ISIS

  Turkey

 Venezuela
Solidarity with workers and unions at FOGADE

20/07/2015: No to union discrimination and repression!

  Solidarity, Venezuela

Ireland
57% boycott water charges

18/07/2015: Mass non-payment campaign gets results

  Ireland Republic

 Video
Reject sectarianism in Northern Ireland

17/07/2015: Paul Murphy addresses Irish parliament

  Ireland North, Ireland Republic, Video

Germany
Capitalists strangling Greece

15/07/2015: No to the dictatorship of banks and big business – For a socialist Europe!

  Germany, Greece

Migration
Fleeing horrors created by capitalism

14/07/2015: A socialist view on immigration crisis

  Britain

Greece
Tsipras crosses the Rubicon

10/07/2015: Time for a new, mass revolutionary Left to oppose all austerity!

  Greece

Britain
Union activists say, We could stop austerity in its tracks

09/07/2015: National Shop Stewards Network (NSSN) conference

  Britain

China
Stock market crash can turn into a political crisis

08/07/2015: Regime adopts panic measures as market crash threatens wider economic recession

  China

Greece
Mighty class-based ‘NO’ shakes bosses’ EU

06/07/2015: Referendum earthquake sees working class boldly defy Troika and Greece’s servile ruling class!

  Greece

Scotland
Dundee porters’ victory proves strike action can deliver

06/07/2015: After 13 weeks of all-out strike action the 117 Dundee hospital porters have won an inspiring victory

  Scotland

 Video
Harris Sideris on Greek referendum and Vodafone battle

05/07/2015: Sacked Greek Vodafone trade unionist speaks in London on eve of historic referendum

  Video

Austria
Social? Democratic? Party!

04/07/2015: The Fragmentation of the Social Democracy in Austria

  Austria

Britain
Socialists and the EU referendum

03/07/2015: How should socialists approach the in-or-out EU debate?

  Britain

 Video
Real nature of EU is being laid bare

02/07/2015: Ruth Coppinger, Socialist TD (Irish MP), supports Greek ‘NO’ vote, and calls for debt refutation and nationalisations

  Greece, Ireland Republic, Video

 Video
Socialist MP condemns Troika/Irish government’s bullying of Greek voters

01/07/2015: Paul Murphy TD (Irish MP) attacks Irish prime minister’s collusion with Brussels big business agenda and voices solidarity with Greek workers

  Video

Is China’s stock market bubble bursting?

01/07/2015: Billions wiped off share values in June – only the Greek stock market is more volatile

  China

Greece
Troika threatens Greeks ahead of referendum

30/06/2015: Vote ‘No’! For a mass working class campaign to oppose Troika and for socialist policies!

  Greece

South Africa
The Marikana Report – a whitewash

30/06/2015: Not a stone has been left unturned on the political landscape

  South Africa

Tunisia
Terrorist atrocity in Sousse

29/06/2015: For a renewed mass movement against poverty and terror

  Tunisia

Greece
“NO”

27/06/2015: On Sunday 5 July, we say “no” to the gang of the lenders!

  Greece

Britain’s class battle-lines are drawn

26/06/2015: A quarter-of-a-million people protested through London and Glasgow raising the need for trade union-led struggle

  Britain

Germany
Indefinite strike for more staff at Charité hospital

26/06/2015: Berlin industrial dispute of national importance

  Germany

Greece
Where are mass solidarity protests with Syriza?

26/06/2015: Troika must be defied – No more cuts! Don’t pay the debt! Socialist policies would win huge backing from Greek workers

  Greece

Egypt
Counter-revolution continues

25/06/2015: Recent strikes show workers will resist

  Egypt

Greece
Tsipras retreats before Troika threats

24/06/2015: What should the SYRIZA Left do next?

  Greece

Scotland
1,000s rally against austerity

24/06/2015: Ferry workers’ strike over jobs, pay, pensions and privatisation

  Scotland

World Economy

Karl Marx and Friedrich Engels wrote in the Communist Manifesto (1847): "Modern bourgeois society, with its relations of production, of exchange and of property, a society that has conjured up such gigantic means of production and of exchange, is like the sorcerer who is no longer able to control the powers of the nether world whom he has called up by his spells. [...] And how does the bourgeoisie get over these crises? On the one hand by enforced destruction of a mass of productive forces; on the other, by the conquest of new markets, and by the more thorough exploitation of the old ones. That is to say, by paving the way for more extensive and more destructive crises, and by diminishing the means whereby crises are prevented." As these brutal effects of capitalism is crisis, are unleashed today, the CWI stands in the Marxist tradition of striving to understand the capitalist economy, in order to be able to intervene successfully in the class struggle and to end the chaos of this profit-driven society.

Economy: What low oil prices cost the world economy

03/04/2015, The sudden plunge of oil and gas prices has underlined the volatility in the world capitalist economy
Lynn Walsh, article from Socialism Today, magazine of the Socialist Party (CWI in England & Wales)

Europe: Eurozone time-bomb

25/02/2015, Mired in recession, the eurozone is haunted by the spectre of stagnation
Lynn Walsh, article from Socialism Today (magazine of the Socialist Party of England and Wales)

New Year: Political and economic ingredients for volatile 2015

31/12/2014, As crisis of capitalism worsens, vital to organise and continue the struggle
Peter Taaffe, General Secretary Socialist Party (CWI England & Wales)

World: Middle East, Ukraine wars…upturn in European class struggle

22/12/2014, CWI meeting discusses a volatile period in global and class relations
Kevin Parslow, Socialist Party (CWI E&W)

The Causes of Capitalist Crisis

20/09/2013, A reply to Andrew Kliman
Peter Taaffe and Lynn Walsh, Socialist Party (CWI England and Wales)

China: Debt crunch intensifies China’s crisis

27/06/2013, Beijing’s sharp credit squeeze adds panic on global financial markets
Vincent Kolo, chinaworker.info

World economy: "Central banks are flying blind"

19/05/2013, Increasing concerns and contradictions
Per-Åke Westerlund, from Offensiv, newspaper of Rättvisepartiet Socialisterna (CWI Sweden)

World economy: Behind the stock market surge

16/04/2013, In the first week of March share prices surged on the New York Stock Exchange followed by other major exchanges. Does this signify a revival of the global capitalist economy?
Lynn Walsh, editor of Socialism Today, magazine of the Socialist Party (CWI England & Wales), where this article was first published

World economy: Optimism at Davos based on reality?

13/02/2013, IMF and World Bank reduce growth predictions
Editorial in this week’s Offensiv, paper of Rättvisepartiet Socialisterna (CWI Sweden)

Europe’s car industry: Another crisis in the making

27/09/2012, For a European-wide and international strategy of the trade unions to defend factories, jobs and working conditions
Stephan Kimmerle, CWI

Euro crisis: The latest temporary fix

19/09/2012, The problems of the eurozone, rooted in the clash of national interests and the rivalries of capitalist leaders, remain as intractable as ever.
Lynn Walsh, editor of Socialism Today (magazine of the Socialist Party (CWI England & Wales)

Food: Scoffing on profits

27/08/2012, Billions around the world suffer from either malnourishment or obesity.
Iain Dalton, Socialist Party (CWI England & Wales)

World economy: A way out of depression?

26/08/2012, Global capitalism is mired in depression. A Keynesian tract for our times by Paul Krugman proposes a way out
Lynn Walsh, editor of Socialism Today, magazine of the Socialist Party (CWI England & Wales)

UN: Arms Trade Treaty negotiations expose hypocrisy of industry

10/08/2012, After a month of negotiations on an Arms Trade Treaty at the United Nations in New York, the discussions came to an ignominious end last Friday when, first the United States and then Russia and China, pulled the plug on any agreement.
Joe Higgins, TD, Socialist Party (CWI Ireland)

World economy: £13 trillion hidden from tax by super-rich

04/08/2012, Take the wealth off the 1%!
Naomi Byron, Socialist Party (CWI England & Wales), first published in the Socialist

CWI Summer School: A stormy period for the world economy and relations

10/07/2012, Capitalist crisis and workers’ mass struggles take global dimensions
Finghín Kelly, Socialist Party (CWI Ireland)

Further articles on 'World Economy':

2011:

2010:

2009:

2008:

2007:

2006:

2005:

2004:

2003:

2002:

2001:

1998:

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