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latest news

Tunisia
Widespread scepticism over Parliamentary elections

24/10/2014: Pro-capitalist parties teaming up for more of the same - urgent need to rebuild a political voice for the working class and youth

  Tunisia

Kurdistan
Defend Kobanê and all those threatened by ISIS, AKP and Imperialism

24/10/2014: For democratic working people’s defence and mass struggle against capitalism

  Kurdistan, Middle East, Syria, Turkey

Britain
Anniversary of first issue of Militant newspaper

24/10/2014: 50 years of socialist ideas and workers’ struggle

  Britain

Spain
Death knells of "Transition" regime

23/10/2014: Catalonia; ’Podemos’, and the left

  Spain

Ireland
TD Paul Murphy tears up Irish Water pack in the Dail

22/10/2014: 1 million refuse to register for water charges

  Ireland Republic

Seattle
“Sawant ...with impressive, favorable rating”

22/10/2014: 61% support for Kshama Sawant in her electoral district...Jess Spear`s campaign against one of the most powerful corporate politicians in Washington State gaining momentum...indications of yearning for representation for working class people

  US

Britain
100,000 attend TUC’s pay rise demo

21/10/2014: Calls for local government strike action to be reinstated

  Britain

Kazakhstan
Brutal repression in imperialism’s interests

20/10/2014: Workers pay the price for crony capitalism

  Kazakhstan

Is the US promoting a “colour revolution” in Hong Kong?

18/10/2014: Beijing’s scare propaganda doesn’t stand up to examination

  Hong Kong, US

Britain
Workers need a pay rise - how can we pay for it?

17/10/2014: End poverty, inequality and capitalism

  Britain

Scotland
10,000 attend Hope Over Fear rally

16/10/2014: ’Political awakening’ continues after independence referendum

  Scotland

 Ireland
’The people have risen, they should not kneel down again’

15/10/2014: Paul Murphy TD (MP) makes maiden speech in Parliament

  Ireland Republic, Video

Ireland
Byelection triumph marks turning point in anti-austerity struggle

14/10/2014: Paul Murphy wins parliamentary seat as 100,000 march against water charges

  Ireland Republic

Middle East
US-led policy of air attacks on Islamic State lies in ruins

13/10/2014: As battle for Kobane rages, IS forces make major gains in Iraq

  Middle East, US

 Ireland
Paul Murphy elected to Irish parliament in stunning byelection victory

12/10/2014: Anti-Austerity Alliance victory shocks political establishment, reflects mass revolt against water charges and austerity

  Ireland Republic, Video

South Africa
"A workers’ party must emerge"

11/10/2014: Dire position of South African capitalism and inequality adds momentum towards creation of workers’ party

  Africa, South Africa

Scotland
SNP budget sees another £500 million cuts

10/10/2014: For a ’no-cuts budget’ and mass campaign to win back billions stolen by ConDem government!

  Scotland

Middle East
Repel Islamic State and imperialism

08/10/2014: For democratic workers’ defence and Kurdish self-determination

  Middle East, Syria, Turkey

Israel/Palestine
After the Gaza war

07/10/2014: No justice for Palestinians and no peace for the region - For a socialist solution!

  Israel / Palestine

Hong Kong
Pro-regime thugs attack protesters

06/10/2014: Organise democratic defence committees to repel attacks and kick out CY Leung’s government!

  Hong Kong

New Zealand
National Party forms third successive government

04/10/2014: Labour Party and the Left in crisis

  New Zealand

Africa
Ebola crisis spreads

03/10/2014: Consequence of profit before health

  Africa

Kurdistan
The battle for Kobanê

02/10/2014: Regional war poses new challenges for struggle for Kurdish self-determination

  Iraq, Kurdistan, Syria, Turkey

Iraq /Syria
US-led bombings will worsen divisions

01/10/2014: Stop imperialist slaughter!

  Iraq, Syria, US

Hong Kong
Massive anti-government protests after attempted police crackdown

30/09/2014: Anger over police violence fuels spontaneous “umbrella revolution” and growing strike movement

  Hong Kong

Britain
Labour to continue austerity offensive

26/09/2014: Labour conference a carefully stage-managed affair

  Britain

Ireland South
Is Sinn Féin a genuine left alternative?

25/09/2014: Seeking alliances with austerity parties

  Ireland Republic

Scotland
Independence referendum - A working-class revolt

24/09/2014: The referendum has turned British politics upside down – even though the No vote won

  Scotland

Britain
Capitalist parties in crisis after Scotland revolt

24/09/2014: Build a working class alternative

  Britain, Scotland

Greece
"This destruction of workers’ lives serves the bankers"

23/09/2014: “We must all keep going…we have no other way to survive than to fight-back”

  Greece

Iran
Petrochemical workers sentenced to jail and flogging

22/09/2014: Protest against Iranian government’s brutal sentences!

  Iran

 Environment
Video of Climate Summit meeting with Kshama Sawant

22/09/2014: Video of New York City Climate Summit meeting with Bernie Sanders, Kshama Sawant, Bill KcKibben, Naomi Klein, Chris Hedges

  Environment, US, Video

Scotland
1.6 million vote Yes in a working class revolt against austerity

19/09/2014: Urgent to build new mass party for the working class

  Scotland

Belgium
Right wing coalition aims for structural attack on workers

19/09/2014: Massive social resistance is looming

  Belgium

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.

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)

World economy: Riding the double-dipper

27/06/2012, Capitalist leaders are in disarray as they strive and fail to get to grips with the eurozone crisis and its threat to the global economy
Lynn Walsh, from Socialism Today, magazine of the Socialist Party (CWI in England & Wales)

Euro crisis: Greece heads for the exit

26/05/2012, Eurozone convulsed by turbulent economic forces and political upheavals
Lynn Walsh, editor of Socialism Today, magazine of the Socialist Party (CWI England & Wales)

EU: Turning Europe into an economic wasteland

20/04/2012, Paul Murphy MEP attacks President Barroso on the failure of the austerity policies that he has promoted across Europe.
Paul Murphy, MEP, Socialist Party (CWI Ireland)

The euro patient: ‘Stabilised’ but still critical

29/03/2012, The European economies are in the throes of an austerity-induced recession, which is likely to be protracted.
Lynn Walsh, editor of Socialism Today, magazine of the Socialist Party (CWI England & Wales)

Further articles on 'World Economy':

2011:

2010:

2009:

2008:

2007:

2006:

2005:

2004:

2003:

2002:

2001:

1998:

Featured in: World Economy

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