The cynical attempt to manipulate the liberation aspirations of the masses in Iran in order to impose a new regime of repression, subservient to Washington’s dictates, has failed. The offensive has produced a catastrophe on […]
For millions of workers, there are bitter memories of the depths of the cost-of-living crisis. For many, it never ended. And so projections for a new round of inflation coming down the track will be […]
At the beginning of this year, the world economy seemed to develop in a promising direction, according to some analysists. The IMF revised its forecast from October 2025 upwards and cited a “resilient growth”. However, […]
The escalating trade conflict between the United States and China is not simply a dispute between politicians or the result of misguided policies from the White House. It reflects deep strains inside global capitalism itself. […]
On Friday, the 9th January 2026 a majority of representatives of the EU-countries finally agreed to a treaty with Mercosur, the Southern Common Market, a South American economic bloc. It seems that 25 years after […]
“As things stand, there are enough bubbles that are set to burst within a year. When they do burst they will cause significant economic disruption. The fallout won’t lead to a 1929-style crisis, and it […]
Originally published in Socialism Today No. 286, magazine of the Socialist Party (CWI England & Wales) Chinese company DeepSeek launched its generative AI ‘r1 model’ in January. Run and primarily funded by Liang Wenfeng, a […]
James Carville, the political advisor who coined the phrase ‘it’s the economy stupid’ as a campaigning slogan for Democrat Bill Clinton to win the 1992 presidential election, was once asked what he’d like to be […]
On March 23, 2020, Britain’s first lockdown in response to the global Covid pandemic began. By the end of the year, death figures in Britain were the worst in Europe. By the end of the […]
Trump’s 2nd April “Liberation Day” speech was a turning point, as it launched an open offensive to break capitalist globalisation in its current form. This was not, as Trump falsely claims, in the interests of US […]
The national congress of the CWI in England & Wales (Socialist Party) took place from 15th-17th March, eight weeks after Donald Trump’s inauguration as US president for the second time. TONY SAUNOIS, secretary of the […]
If anyone had doubts about the second Donald Trump administration unravelling the so-called ‘world order’, they will have had a sobering experience over the last few weeks. Trump has ditched the normal niceties of international […]
Under Donald Trump’s brutish ‘America First’ presidency, US imperialism’s ruthless determination to defend its own interests is no longer disguised by diplomatic fig-leaves. Instead, naked self-interest is the order of the day. That was demonstrated […]
When, in 1979, an all-powerful company put the crew of a spaceship in mortal danger to secure its own profits, ‘Alien’ seemed like a simple, action-packed B-movie. Even in 2024, the idea of capitalism in […]
Starmer offers to act as a “bridge” between US and Europe as No trust in Trump, Starmer or any of the capitalist warmongers! Fight for a socialist alternative to capitalism and war! The British prime […]
Trump’s ‘shock and awe’ offensive continues, nationally and internationally. The aim is to show his supporters that he is acting decisively, as one decision or announcement after another is made public. And to throw Trump’s […]
Trump is back in the White House. Much of the world is gripped by fear about what his second term will mean, as are millions in America – particularly migrants, LGBTQ+ people, and others likely […]
The election victory of Donald Trump opens a new era internationally, and domestically in the United States. This election win is not merely a changing of the guard at the White House. Although the US […]
A Response to Philip Plickert’s Attempt to Absolve Capitalism Especially since the publication of Eric Williams’ groundbreaking work Capitalism and Slavery, which first appeared in 1944 and sheds light on the contribution of slavery to […]
One month after Sir Keir Starmer’s Labour party was ‘swept to power’ by a paltry 20% of the electorate – the lowest support base of any government since the introduction of universal male suffrage in […]
Originally published in Socialism Today, magazine of the Socialist Party (CWI England & Wales). This year is the thirtieth birthday of the World Trade Organisation (WTO). It is also the year China opened a WTO […]
Tech company Meta, owner of Facebook, Instagram, and Whatsapp, reported that it will pay $1.25 billion in dividends to its shareholders every quarter. Facebook founder Mark Zuckerberg, who has about 350 million shares, will get […]
On 27 October, 130 engineers at Tesla workshops in Sweden began strike action against the car giant. They have been demanding Tesla recognises their union IF Metall and negotiates a collective bargaining agreement. Striking workers […]
Minor infections often turned lethal until the mid-twentieth century. Now this threat could return, as micro-organisms become more resistant to antibiotics, antifungals, antiparasites and other antimicrobial compounds. “All of modern medicine is upheld by our […]
On 16th September, the British magazine, “The Economist”, published an article entitled, “The hard right is getting closer to power all over Europe”. And indeed, right-wing populist and far-right parties seem to be the main […]
The extremely right-wing Modi-led BJP government has completed nine years in power, with elections scheduled next year. At this juncture, when we draw political perspectives, we need to assess the processes that have been unfolding […]
“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 […]
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 […]
As the cost-of-living crisis continues in Britain – with 30-year high inflation and the effects of over ten years of austerity that have decimated our public services – a growing number of people are beginning […]
‘Silent Coup – how corporations overthrew democracy’ is a devastating critique of the power and control wielded by major conglomerates and the secretive institutions and global legal systems they have built up over decades. They […]
Trade Unions’ Federation Must Provide Platform for United Actions against IMF’s Dictated Attacks and High Cost of Living. Ghana is in a serious debt crisis. The country defaulted on its external debts in December 2022 […]
The ongoing tensions between the United States and China have continued to escalate as the global economic crisis deepens. While the US economy is still the most powerful in the world, its dominance is being […]
The bloody war in Ukraine grinds on, with reportedly hundreds of thousands of deaths and injuries inflicted on both sides. As we enter spring, a new massive offensive appears to be in preparation by the […]
Bold socialist policies more urgent than ever! The global and multi-faceted crisis of capitalism has entered a new phase with the turmoil in the financial markets and the collapse of banks in the US and […]
Many bourgeois economists have tended to put a gloss on the deep systemic crisis facing world capitalism. They have often seized upon this or that marginal piece of “good” news to empirically conclude that this […]
In 2022, the world’s population hit the landmark figure of eight billion. How can the world support this growing number of people? Is overpopulation a challenge to be overcome, or does the problem lie elsewhere? […]
The following document was presented to and agreed by the International Executive Committee of the CWI, which held a meeting from 23-27 January 2023. Introduction. Not Like Other Crises. Tsunami of a Debt Crises. Amazon […]
2023 has opened with a sharp and substantial upsurge of activity by far-right and even some fascist forces in the South of Ireland. These forces are seeking to capitalise on the seething anger over the […]
“Liz Truss resigns after failed budget and market turmoil”; “more than 40% of mortgages withdrawn as market reels after mini-budget”; “Sunak says higher taxes and spending cuts needed to satisfy markets”. For a period of […]
The Kurdish Cultural Democratic Center (CDKF), in Paris, was again the target of a deadly attack that killed at least three people. This attack took place a few days from the 10th anniversary of the […]
Nobody should go hungry. But in Britain, in 2022, well over two million people rely on food banks and food-sharing apps like ‘Olio’ to feed themselves and their families. The current economic crisis is seeing […]
We live in a world where historically undreamt-of wealth exists, where technology has been developed in a way that was only envisaged in science fiction, where enough food, shelter and the basics of life could […]
Capitalism is beset by a multi-sided crisis, writes Tom Baldwin, Socialist Party (England & Wales CWI). There are extreme weaknesses in the global economy, rapidly falling living standards and social and environmental crises. It is […]
On 9 April 1992, the Conservative Party won a general election with a record-breaking 14 million votes. On 2 May 1997, it lost the next general election, with its standing shattered by the events that […]
With the rise of protest movements around climate change in recent years, an increasing spotlight has been shone on the question of food production and distribution. On one hand, global food production is estimated to […]
Across the United States, many Americans are increasingly concerned about affordable housing availability within their local communities. According to a Pew Research Center survey from 2021, roughly 50 percent of Americans have said that affordable […]
More food is being produced than ever before, yet world hunger has been rising since 2015 and is now back to its 2005 level of 811 million malnourished people. Nobody should go hungry. But capitalism […]
Cryptocurrencies have been hailed as innovative and ground-breaking assets that can have a transformative effect on the world economy. In the second article in our series ‘busting economic myths’, Socialist Party (CWI England & Wales) […]
As we head towards double-digit inflation, the Tory government in Britain is trying to offload blame for the huge price rises in fuel and gas by pointing to the price shock that has taken place […]
The following statement on the war in Ukraine was issued by NIPSA (the Northern Ireland Public Service Alliance), the largest trade union in Northern Ireland, on 28 March. The statement presents a class approach to […]
CWI- Please inform us if you are reproducing any material from this site.