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latest news

South Africa
Organise against xenophobia – a programme for our communities

21/04/2015: Build a country-wide socialist civic movement. Fight for jobs, houses and services for all

  Africa, South Africa

 Video
TUSC 100% anti-austerity election broadcast

20/04/2015: Broadcast goes out on all 5 national terrestrial channels

  Britain, Video

Britain
Labour - party of cuts

19/04/2015: Oppose the ’logic of capitalism’

  Britain

Tunisia
After the Bardo terrorist attack

18/04/2015: New class battles loom

  Tunisia

 Video
Paul Murphy attacks bosses’ victimisation of strikers

17/04/2015: Socialist Partty (CWI) and Anti-Austerity Alliance TD speaks in Irish Parliament

  Ireland Republic, Video

US
National day of strikes and protests for $15

17/04/2015: Snapshot of the movement – the fight for $15 in 7 major cities

  US

 Video
Kshama Sawant on Democracy Now

16/04/2015: Socialist Seattle councillor debates Hillary Clinton run for President

  US, Video

Ireland North
Hundreds protest against racist arson attack

15/04/2015: Build a united mass movement to challenge racism, sectarianism and all forms of bigotry

  Ireland North

Yemen
Brutal onslaught on country’s poor

15/04/2015: For unity of workers and poor against imperialism and sectarianism

  Yemen

Québec
A hot spring in the making?

14/04/2015: Students take strike action against austerity

  Quebec

China’s feminists
A victory for protests in China and worldwide

14/04/2015: Five women activists released in rare climb down by Beijing regime

  China

France
First one-day strike against austerity gets big response

13/04/2015: 300, 000 people marched on demonstrations across France on Thursday 9 April

  France

Australia
Budget - Who should pay for the economic crisis?

13/04/2015: Federal government preparing the ground for their second budget

  Australia

Britain
UKIP blame immigration for problems facing working class

12/04/2015: Workers’ unity to defend pay jobs and services

  Britain

Panama 2015 Trade Union and Social Alternative Summit

11/04/2015: For an end to imperialism and capitalism, long live socialist and revolutionary united solidarity in our Americas!

  Latin America

Kenya
The Garissa massacre, Al-Shabaab and US imperialism

10/04/2015: Growing regional destabilisation

  Kenya, US

US
40,000 Seattle workers get pay rise

08/04/2015: Coalition of students and workers demand $15 minimum wage at University of Washington

  US

Australia
Anti-racist protesters vastly outnumber ‘Reclaim Australia’ Melbourne rally

07/04/2015: Only ‘minority’ to blame for society’s problems is ultra-rich 1%

  Australia

Climate change
Looking for a cheap fix

06/04/2015: The cyclone that devastated the Pacific island of Vanuatu in March, the most severe ever recorded in the region, highlighted again the very likely connection between extreme weather events and global warming.

  Environment

Nigeria
Ruling party crumbles in historic election

05/04/2015: But only mass struggle can guarantee the interests of workers and poor masses under buhari’s presidency

  Nigeria

Scotland
Is the SNP: a threat to the political establishment?

04/04/2015: The SNP (Scottish National Party) looks set to win the majority of Scottish seats in the general election

  Scotland

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

  World Economy

 Video
Paul Murphy speaks in support of striking workers

02/04/2015: Socialist MP challenges Labour Deputy Prime Minister in parliament

  Ireland Republic, Video

Scotland
Indefinite strike by Glasgow Council Homeless workers

01/04/2015: Workers treated unfairly by council for years

  Scotland

South Africa
Cosatu splits as ‘Vavi’ expelled

01/04/2015: Expulsion opens new chapter in working class struggle

  Africa, South Africa

Singapore
Former Prime Minister Lee Kuan Yew dies

31/03/2015: Apologist for neo-liberalism and autocracy

  Singapore

France
Elections punish Valls and Hollande

31/03/2015: Department results show need for fightback against austerity and racism

  France

 Venezuela
Alcedo Mora must be found alive!

30/03/2015: Urgent need for international solidarity

  Solidarity, Venezuela

Netherlands
Election setback for Labour Party

30/03/2015: Main parties guarantee austerity - A mass party of the Left with a socialist programme needed

  Netherlands

Germany
20,000 people give ECB “the finger”

28/03/2015: Big demo and blockade against the reopening of the Central Bank

  Germany

 Video
Interview with a Greek socialist

28/03/2015: The Syriza government and the Troika and building the Greek Left

  Greece, Video

South Africa
NUMSA & WASP discuss international experiences of new workers’ parties

27/03/2015: South Africa’s metalworkers union in discussion with WASP and CWI

  Africa, South Africa

Obituary
Harald Mahrer (1974-2015)

27/03/2015: An active, critical and inspiring comrade

  Obituary

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:

Featured in: World Economy

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