Featured

What Causes Inflation?

“We understand better now how little we understand about inflation,”[i] commented Jerome Powell, Chair of the US Federal Reserve (the Fed), when inflation reached its highest level since the late 1970s in 2022. At the […]

World Economy

The End of Golden Eras

The new lease of life that world capitalism experienced after the collapse of the Stalinist states of Russia and Eastern Europe from the late 1980s has definitively run its course. Whatever the immediate perspectives are […]

Featured

American showdown

HANNAH SELL reviews one of the numerous recent books looking at the events in Washington DC on 6 January 2021 and their aftermath, examining the crisis in both the Republican and Democrat parties and the […]

Ireland Republic

Socialists debate identity politics

Featured article from February 2020 Socialism Today (Monthly journal of the Socialist PArty- CWI England & Wales. The relationship between fighting women’s oppression, identity politics, and the struggle for socialism is a feature of many […]

India

India heads for recession

The Indian economy is heading for a recession. GDP growth has decelerated for the last five quarters and is now below 5%, a six-year low. Even government policy think-tanks say this slowdown is unprecedented in […]

Ecuador

Revolt in Ecuador

In the face of massive protests in Ecuador, the government of Lenin Moreno has been driven to declare a “state of exception” throughout the country – a repressive step just short of a state of […]