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latest news

China
Slowest growth rate since 1990

25/01/2015: Economy decelerated 30 percent in five years

  China

Cuba
Diplomatic relations with US restored, embargo eased

24/01/2015: Threat of capitalist restoration accelerates

  Cuba, US

Northern Ireland
Water service workers win important victory

23/01/2015: A victory for all workers and an inspiration to resist the ‘race to the bottom’

  Ireland North

Sri Lanka
Mobilise now to defend our demands

22/01/2015: Article first published in the Colombo Telegraph

  Sri Lanka

 US
Kshama Sawant gives socialist response to Obama’s "State of the Union" address

21/01/2015: "Why can’t Barack Obama say “Black Lives Matter”?"

  US, Video

Russia/Ukraine
Facing a turbulent 2015

21/01/2015: As death toll rises, economies plunge into freefall

  Russia, Ukraine

Greece
Prospect of Syriza victory raises workers’ hopes

20/01/2015: Mass intervention of working class to struggle for socialist policies is vital

  Greece

Nigeria
The Massacre in Baga

19/01/2015: Socialism or Barbarism

  Nigeria

Review
‘Eleanor Marx - a life’

17/01/2015: Clare Doyle reviews ’Eleanor Marx - A Life’ by Rachel Holmes

  Review

 Video
Joe Higgins questions Irish Central Bank governor

16/01/2015: Socialist MP grills establishment over banking bubble and collapse

  Video

Nigeria
2015 general elections and the working masses

16/01/2015: Boko Haram and the war in the north-east

  Nigeria

  Video
Ruth Coppinger calls for referendum on abortion rights in Ireland

15/01/2015: "You march in Paris, yet uphold laws any religious fundamentalist would envy"

  Ireland Republic, Video, Women

 Video
A year of struggle in Brazil

14/01/2015: LSR members intervene in struggles of 2014

  Brazil, Video

Sri Lanka
New but uncertain period opens up

14/01/2015: President Sirisena aims for clean government but will face difficulties

  Sri Lanka

Iran
Labour and children’s rights activist, Behnam Ebrahimzadeh, sentenced to another nine years

13/01/2015: International action needed to overturn latest conviction and to immediately release Behnam

  Iran

Germany
What is behind the ‘PEGIDA’ anti-immigrant demonstrations?

13/01/2015: Unions and Left must organise against racism and for jobs and decent living standards for all

  Germany

France
Millions march for solidarity

12/01/2015: Unity against racism and capitalism!

  France

New Zealand
Extreme poverty worsens

12/01/2015: Workers need to build political alternative to major parties’ big business agenda

  New Zealand

France
Counter terrorist threat with workers-led mass unity

10/01/2015: The shocking, cold blooded slaughter at Charlie Hebdo, and more killings in subsequent days, has been met with mass outrage

  France

Norway
General strike called for 28 January

10/01/2015: Two-hour protest against worsening working conditions

  Norway

Sri Lanka
Rajapaksa defeated

09/01/2015: Period of uncertainty opens

  Sri Lanka

Sweden
New elections cancelled

09/01/2015: “Peace deal” between government and right-wing opposition

  Sweden

Greece
Towards a Syriza government?

08/01/2015: General elections on 25 January

  Greece

France
Deadly attack on satirical paper Charlie Hebdo

08/01/2015: Defend freedom of speech! Don’t let us be divided!

  France

Hong Kong
Politics transformed by ‘Umbrella Revolution’

07/01/2015: A fighting democratic movement must be created to continue and build upon this historic “first round”

  Hong Kong

Israel-Palestine
A successful Socialism conference in the shadow of national divide

06/01/2015: Over 150 people participated in the ‘Socialism Conference 2014’ in Tel Aviv, organised by the Socialist Struggle Movement (SSM - CWI in Israel-Palestine)

  Israel / Palestine

Northern Ireland
The Stormont House Agreement

05/01/2015: Agreeing Not To Agree, Again

  Ireland Republic

Environment
Market forces hold back renewable energy

01/01/2015: Have capitalist governments around the world finally woken up to the danger of global warming?

  Environment

New Year
Political and economic ingredients for volatile 2015

31/12/2014: As crisis of capitalism worsens, vital to organise and continue the struggle

  Britain, Europe, World Economy

Britain
In defence of TUSC

30/12/2014: As the Trade Unionist and Socialist Coalition gears up for its biggest ever electoral stand…

  Britain, US

 CWI
National Question a key feature of political crisis of capitalism

28/12/2014: A socialist solution to national oppression

  CWI

Scotland
Blairite wins election as Labour’s new Scottish leader

27/12/2014: Murphy’s election means trade unions must build a new workers party

  Scotland

Obituary
Gough Whitlam, 1916-2014

26/12/2014: Former Australian Labour Party (ALP) prime minister

  Australia, Obituary

China
Hard landing in 2015?

24/12/2014: China’s economic slowdown already being felt throughout world economy

  China

Trotsky
‘The national principle’

24/12/2014: An article written by LEON TROTSKY, exposing the hypocrisy of world powers towards national minorities and oppressed peoples, translated into English for the first time

  History, Trotsky

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.

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)

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)

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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US: Kshama Sawant gives socialist response to Obama’s "State of the Union" address, 21/01/2015

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