The underlying crisis of world capitalism has, as we predicted, significantly deteriorated in the year. In the decisive sphere of the world economy a new crisis looms, the timing and character of which are not […]
No-deal Brexit, establishment splits, threat of renewed downturn…
The socialist answer to capitalist crisis
“How things have changed,” declared US-based scholar Minxin Pei. Pei was referring to the problems now confronting China’s strongman, Xi Jinping, who suddenly doesn’t look quite as strong any more. Pei is among a horde […]
Mariana Mazzucato’s new book is a detailed exposé of the parasitic character of modern capitalism, drawing on Karl Marx’s theory of the source of value creation. But understanding the law of value is only a […]
G7 failure, penalty tariffs reflect capitalist world disorder
All is not well with capitalism. Economic jitters parallel political volatility. Stock market highs in December turned to mass share sell-offs in February. Colossal personal and governmental debt stalks the system, limiting the capitalists’ room […]
The IMF in its latest prognosis praises what it sees as a stable growth of the world economy. Yes, there are some risks the IMF says, not least the political ones. But the crisis has […]
Report of discussion on World Perspectives at CWI International Executive Committee meeting in November 2017.
CWI International Executive Committee debates European perspectives
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