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latest news

 World Perspectives
A turbulent period in history

27/11/2014: Signs of revival of class struggle signposts the future

  CWI

Britain
Right wing, populist UKIP wins second Parliament seat

26/11/2014: Labour’s pro-austerity ‘opposition’ no alternative

  Britain

South Africa
Metalworkers’ union expelled from COSATU

25/11/2014: Rebuild the trade union movement on socialist principles!

  Africa, South Africa

Catalonia
9 November “consultation” on independence

22/11/2014: Another show of strength for independence - fight for a Socialist Catalonia

  Spain

Greece
Workers’ victory at Diamant telesales company

21/11/2014: Xekinima (CWI) member wins key union position in Athens Municipality sector

  Greece

Israel-Palestine
Netanyahu threatens “heavy hand” response to synagogue attacks

19/11/2014: New rounds of repression answered by new wave of rage and protest

  Israel / Palestine

US
Mid-term elections do not mean a turn to the right in society

19/11/2014: Big Gains for Republicans while Voters Support Progressive Ballot Measures

  US

 Video
Socialist TD defends anti-water charges protests

18/11/2014: Ruth Coppinger, Socialist Party TD (MP) appears on ‘Prime Time’

  Ireland Republic, Video

Vital lessons of Hong Kong’s ‘Umbrella Revolution’

18/11/2014: Mass struggle needs genuine internal democracy and fighting working class programme to defeat dictatorship

  Hong Kong

 Video
Water tax revolt continues in Ireland

17/11/2014: Tanaiste (Deputy PM) trapped by protestors; AAA TD (MP) and Socialist Party member, Paul Murphy, assaulted

  Ireland Republic, Video

Indonesia
"New Hope" president faces intense pressures

16/11/2014: Initiative to build mass party of working class and rural poor urgently needed

  Indonesia

Ukraine
Competing ’elections’ deepen divisions

15/11/2014: Working people need socialist alternative to warring oligarchs and outside powers

  Ukraine

Scotland
SNP government announces £500 million cuts

14/11/2014: Majority of ‘Yes’ voters want end to austerity - anti-cuts candidates needed!

  Scotland

Afghanistan
British combat troops pull out

13/11/2014: A legacy of death and destruction

  Afghanistan, Britain, US

 Germany
Highly politicised train drivers’ strike

12/11/2014: Last week German train drivers and on-board staff went on strike for four days, shaking and polarising the country

  Germany, Solidarity

Greece
Mayors refuse to make job cuts

12/11/2014: Lefts, local authority workers and communities’ united can resist Troika’s policies

  Greece

Britain
Over 1,000 attend largest ever ‘Socialism’ event

11/11/2014: Socialism 2014 - infused with contagious confidence

  Britain

Belgium
Massive demonstration in Brussels

10/11/2014: Shows anger against austerity

  Belgium

Northern Ireland
20 years after the ceasefires

10/11/2014: In 1994, the IRA and Loyalist paramilitaries called ceasefires. Four years later the Good Friday agreement was declared to mark the end of the ‘Troubles’…

  Ireland Republic

Review
Environmental disaster and the need to change everything

09/11/2014: “This Changes Everything: capitalism vs the climate”, by Naomi Klein

  Environment, Review

Germany
25 years since November 9

09/11/2014: Berlin Wall brought down by mass revolutionary movement

  Germany

Canada
Right wing wins Toronto Mayoral election

08/11/2014: NDP increasingly irrelevant to needs of workers, immigrants and youth

  Canada

Elections in Brazil

07/11/2014: Narrow win for Dilma sets scene for more crisis and instability

  Brazil

Russia’s 1917 socialist revolution

07/11/2014: November 7th anniversary of workers taking power

  Russia

Europe
Anti-fascist demonstrations set for 8-9 November

06/11/2014: Movement of workers and youth needed against racism and fascism

  Europe, Greece, Sweden

Canada
Ottawa ‘locked-down’ after Parliament gun attack

05/11/2014: Tory government whips-up terrorist fears to boost Canada’s imperialist role

  Canada

Ireland
Stunning Dublin by-election victory, huge water protests…new chapter for working class resistance

04/11/2014: How the Anti Austerity Alliance won a parliamentary seat and the way forward for the Left

  Ireland Republic

Book review
The Jihadis Return

04/11/2014: Isis and the new Sunni uprising, by Patrick Cockburn

  Middle East, Review

South Africa
Metal workers’ union clashes with Congress of South African Trade Unions

03/11/2014: For political and class independence - Struggle, solidarity and socialism!

  South Africa

Britain
Come to Socialism 2014

03/11/2014: Weekend of discussion & debate hosted by the Socialist Party – London 8-9 November

  Britain

  Ireland
’Abortion Pill Train’ video

02/11/2014: Pro-choice ROSA campaigners swallow abortion pills after rail journey

  Ireland Republic, Video, Women

Italy
Renzi government faces mounting opposition

01/11/2014: A one-day strike of all workers is needed

  Italy

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:

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Europe

 video

Video: Joe Higgins denounces Irish government’s water charge trickery, 20/11/2014

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