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latest news

 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

 Video
Socialist MP condemns Troika’s blackmail of Greece

24/06/2015: "Minister Noonan lined up with Schauble, he said tighten the noose, he stabbed the Greek people in the chest and the Irish people in the back"

  Greece, Ireland Republic, Video

Greece
“Despite spin, Syriza proposals terrible for pensioners and workers”

23/06/2015: SYRIZA Left must vote against cave-in deal with Troika and act in interests of workers!

  Greece

Britain
100,000s protest against austerity

23/06/2015: Socialist Party says: "Organise! Strike! Resist! Build for a 24-hour general strike!"

  Britain

Greece
No surrender to‘Gang of Lenders’

22/06/2015: Plan an anti-austerity fight-back, with socialist policies!

  Greece

 Brazil
No to sackings and political persecution in Sabesp

22/06/2015: Reinstate Marzeni now – Solidarity needed!

  Brazil, Solidarity

Ireland North
20,000 protesters demand LGBT rights

21/06/2015: To end oppression we need to fight to end this system, uniting working people, fighting for equality

  Ireland North, Ireland Republic, LGBT

Britain
Can Jeremy Corbyn’s challenge help to develop the socialist left?

20/06/2015: Left candidate in Labour Party leadership contest

  Britain

Hong Kong
Fake democracy roundly rejected in legislative vote

19/06/2015: Government proposals end in fiasco as Beijing loyalists misjudge voting rules

  Hong Kong

Ireland
Socialist MPs’ Employment Equality Bill passed

18/06/2015: Bill would end the right of religiously run schools, hospitals and other workplaces to discriminate against LGBTQ workers

  Ireland Republic

China
Life sentence for former security boss

16/06/2015: Secret trial of Zhou Yongkang

  China

Italy
Regional elections

13/06/2015: Myth of Prime Minister’s invincibility exposed

  Italy

Iraq/Syria
US imperialist strategy in tatters

12/06/2015: A year after ISIS captured Mosul, the jihadist group controls about half of Syria and a third of Iraq – more territory than ever before

  Iraq, Syria

 Greece
Solidarity needed with Vodafone strike

12/06/2015: Appeal for international solidarity action on 25 June

  Greece, Solidarity

Iceland
Strike wave produces results

11/06/2015: Workers win thirty percent wage increase over three years

  Iceland

Greece
Crunch-time for Syriza?

10/06/2015: Workers and poor cannot take more calamitous austerity

  Greece

Germany
Multiple strikes mark changed situation

09/06/2015: Strikes in numerous sectors as workers fail to benefit from “recovery”

  Germany

Pakistan
Protest song by Jawad Ahmed

08/06/2015: Response to anti-worker measures in Pakistani budget

  Pakistan

Britain
European Union referendum:

06/06/2015: No to a capitalist EU, Yes to a socialist Europe!

  Britain, Europe

Australia
‘Beating the big end of town’ book launched

05/06/2015: How a community defeated the East-West toll road

  Australia

Greece
Syriza voters want austerity ended, not another ’compromise’ Troika deal

04/06/2015: Break with the austerity - adopt a socialist programme!

  Greece

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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