deutsch |  english |  español  |  français  |  italiano  |  nederlands  |  polski  |  português  |  svenska  |  türkçe  |  中文  |  عربي  |  русский

latest news

785,000 march against climate change

01/12/2015: Biggest ever global mobilisation


Right wing government brought down

30/11/2015: Political crisis continues


Post-referendum, where is Scotland heading?

29/11/2015: Mass struggle and socialism will challenge capitalist austerity


Socialist change not climate change

28/11/2015: The growing threat of climate change and a socialist programme for the environment


Paul Murphy TD speaks on the Stormont ‘Fresh Start’ austerity agreement

26/11/2015: "Not a fresh start, but a rotten continuation of austerity and sectarianism"

  Ireland Republic, Video

General strike against austerity sees mass protests

26/11/2015: Syriza mobilises… against Syriza!


Middle East
Bombing Syria won’t stop Isis

25/11/2015: For workers’ unity against war, terrorism and racism

  Britain, Syria

Hong Kong
Great result for socialist election campaign

25/11/2015: Socialist Action’s Sally Tang Mei-ching lifts opposition vote to 33 percent

  Hong Kong

Ireland North
1,000 manufacturing jobs lost in one week

24/11/2015: Austerity and corporate welfare has failed! Fight for public investment!

  Ireland North

Hong Kong
District Council elections

23/11/2015: Socialist Action candidate gets one third of the vote

  Hong Kong

Erdoğan’s Pyrrhic victory

20/11/2015: It is time to build a new united left force


Kshama Sawant responds to Bernie Sanders

20/11/2015: Socialist alternative to big business popular across the USA

  US, Video

Sweeping victory for Aung San Suu Kyi party

19/11/2015: Army holds on to powerful positions


Genoa students take to the streets

18/11/2015: CWI youth campaign "Resistenze Internazionali" takes the lead!


Paris terror attacks

18/11/2015: Only workers’ unity can end terrorism, division and war


Nightclub fire leaves 45 dead

17/11/2015: Protests over worst tragedy in 25 years triggers government’s fall


Horror in Paris

14/11/2015: We will not be intimidated !


Right wing steps up civil war in Labour Party

14/11/2015: Unions should keep independence to lead fight to defend Corbyn


Dirty deals in London as Nazarbayev visits Cameron

13/11/2015: Letter from Campaign Kazakhstan secretary


’Socialist politics are here to stay’

12/11/2015: Kshama Sawant’s message to ’Socialism 2015’ event in London

  Britain, US

Ireland North
Huge support for socialist in union election

11/11/2015: Socialist Party’s Patrick Mulholland gains 44% - Broad Left emerges stronger throughout NIPSA

  Ireland North

Socialist ideas back on the agenda

10/11/2015: Best ever ‘Socialism’ weekend of discussion & debate


The Bernie Sanders challenge

07/11/2015: The established political order in the US has been shaken up by Bernie Sanders’ campaign for the Democratic presidential nomination…


Beware the Trans-Pacific Partnership!

06/11/2015: A geopolitical weapon for US and Japanese capitalism against China

  Japan, US

Outrage at police repression and torture

06/11/2015: Dictatorship methods still reign in “democratic” Chile


Textile workers challenge President Sisi

05/11/2015: Farcical election underlines need to build a mass workers’ party


Kshama Sawant re-elected - Seattle’s political revolution continues

04/11/2015: "There has never been a better time to become a socialist and join Socialist Alternative." – Kshama Sawant


Jobstown protestors appear in court

03/11/2015: Paul Murphy MP - charged with false imprisonment - addresses solidarity gathering outside court

  Ireland Republic, Video

War, fear mongering and clampdown on democratic rights are behind the AKP electoral victory

02/11/2015: Struggle for worker’s unity, peace and social justice more important than ever


Ruling party loses election amidst workers’ anger

02/11/2015: Parliament moves to the right


50 years since anti-communist massacres

01/11/2015: World’s third largest Communist Party crushed in US-backed military coup


Kremlin enters the Syrian quagmire

31/10/2015: Economic crisis deepens in Russia as Ukraine military stand-off continues

  Russia, Syria

Governmental crisis

30/10/2015: Towards a ‘Left’ government?


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.

World Economy: ’Biggest danger to capitalism is capitalism’

22/10/2015, Steel plant to close after a century of production, raw material prices collapsing, China’s economy slowing, the ongoing euro crisis...
Robin Clapp, Socialist Party (CWI in England & Wales)

World economy: Growth engines becoming brakes

14/09/2015, Sharp downturn in BRIC countries
Per-Åke Westerlund, Rättvisepartiet Socialisterna (CWI Sweden)

World economy: China crisis triggers panic on global markets

25/08/2015, More than $5 trillion wiped off global stock markets in two weeks since Chinese devaluation
Vincent Kolo,

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,

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)

Further articles on 'World Economy':













Featured in: World Economy


Video: Paul Murphy TD speaks on the Stormont ‘Fresh Start’ austerity agreement, 26/11/2015

 further videos

CWI - get involved


tamil solidarity campaign kazakhstan

featured links

cwi links, CWI marxist archive

cwi comment & analysis

world economic crisis

analysis and commentary

cwi publications

marxism in today's world che

Che Guevara: Símbolo de Lucha

Por Tony Saunois

A socialist world is possible, the history of the cwi with new introduction by Peter Planning green growth, a contribution to the debate on enviromental sustainability