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latest news

 Video
Revolution and counter-revolution in the world today

01/09/2014: Hannah Sell, deputy general secretary of the Socialist Party (CWI in England and Wales) speaking at recent summer camp

  Video

France
Economic stagnation and political instability

29/08/2014: Hollande removes ‘lefts’ from government

  France

Turkey
Erdoğan sworn in as country’s President

29/08/2014: Significant poll gains for the left coalition HDP

  Turkey

 Solidarity
Iranian mine workers on strike

26/08/2014: Demand the release of the arrested workers!

  Iran, Solidarity

Nigeria
Fees victory at Lagos State University!

26/08/2014: Vigilance required from LASU students and workers to ensure that victory is permanent

  Nigeria

ISIS
Capitalist slaughter in Iraq and Syria

25/08/2014: As ISIS (the Islamic State in Iraq and a-Shams) crossed the border between Syria and Iraq, it proclaimed this to be the “annihilation of the disgrace of Sykes-Picot” and the formation of an ‘Islamic state’ (IS).

  Iraq, Syria

US
Indict Michael Brown’s killer and spread the protests! The whole system is guilty!

22/08/2014: Text of a leaflet handed out by Socialist Alternative members in Ferguson and St. Louis

  US

 Women in World War One

20/08/2014: Protests, strikes and equality

  Women, World War 1

Pakistan
Not a “revolution” but an effort by power-hungry politicians to grab power

19/08/2014: Working class will bring the real revolution and change

  Pakistan

USA
Ferguson erupts in rage after police kill Michael Brown

18/08/2014: Spread the protests – unite against racism and inequality

  US

Iraq
Only united action can stop sectarian war

16/08/2014: Iraqis and Kurds must not trust imperialist ‘helpers’

  Iraq

Socialism and national rights

15/08/2014: Ukraine, Israel/Palestine and other countries

  Israel / Palestine, Ukraine

US
Jess Spear Primary result

14/08/2014: “We’ve only just gotten started”

  US

Scotland
Socialist policies are needed to answer Project Fear

13/08/2014: September 18 will see an unprecedented mobilisation to the polls for the referendum on Scottish independence

  Scotland

Indonesian Election

12/08/2014: New face; same problems

  Indonesia

Gaza
Kshama Sawant calls on Seattle city council to condemn Israeli onslaught

11/08/2014: Socialist councillor denounces Israeli state terror

  Israel / Palestine

Ukraine
Crisis deepens

09/08/2014: Military conflict escalates

  Ukraine

 CWI School
Latin America

08/08/2014: Beginning to feel full effects of world crisis

  CWI, Latin America

 CWI School
World capitalism fails working people

07/08/2014: System offers economic crisis, insecurity, poverty and wars

  CWI

Scotland
Countdown to independence referendum

07/08/2014: For an independent socialist Scotland

  Scotland

 Video
Paul Murphy speaks at Dublin Gaza protest

04/08/2014: Socialist Party (CWI in Ireland) Former MEP and parliamentary bye-election candidate speaks to thousands protesting against Israeli state terrorism

  Israel / Palestine, Video

 CWI Summer School
European capitalism fails to recover

02/08/2014: Working class must organise for future struggles

  CWI, Europe

Argentina
Another debt default

01/08/2014: Only socialist policies can end extortion of vulture markets

  Argentina

Gaza in crisis

29/07/2014: Mass action needed to stop bloodshed

  Israel / Palestine

Sri Lanka
United Socialist Party issues press statement

28/07/2014: CWI calls for protests and financial assistance

  Sri Lanka

Sri Lanka
Racist Buddhist mob ambushes United Socialist Party march

26/07/2014: CWI condemns attack and requests solidarity

  Sri Lanka

China
The great slowdown

24/07/2014: Signs the mammoth property bubble is finally bursting belie Beijing’s upbeat GDP data

  China

Trotsky
The first year of war

23/07/2014: Article by LEON TROTSKY translated into English for first time

  Trotsky

WW1
The Bolsheviks and the war

21/07/2014: The horrors of the first world war, and the economic and social turmoil it created, led to mass upheaval. In Russia alone did this lead to a successful revolution…

  World War 1

1914
The capitulation of the Second International

19/07/2014: Before 1914, the Second International resolved to act to prevent war…

  World War 1

South Africa
Metal workers’ strike

19/07/2014: Industrial action must take forward call for a new workers’ party

  Africa, South Africa

Britain
Abuse scandals reveal abusive system

18/07/2014: An Establishment cover-up?

  Britain

Sri Lanka
Vicious communalist attacks on Muslims

17/07/2014: USP mounts motor cycle ‘march’ to fight for united struggle against chauvinists

  Sri Lanka

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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