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Latest:
  • [ July 22, 2025 ] Scotland’s Green Party fracturing Scotland
  • [ July 21, 2025 ] US – Don’t Fire MassArt Educators for Exercising their Right to Free Speech and Protest! – Sign the pettion USA
  • [ July 18, 2025 ] Three years since election of left President, Gustavo Petro – Colombia is in crisis Colombia
  • [ July 17, 2025 ] Netanyahu government plans “concentration camp” for Gaza’s Palestinians Israel / Palestine
  • [ July 15, 2025 ] Australia’s worsening climate related crisis Australia

World Economy

No Picture
World Economy

World currencies: Turbulent times ahead?

March 2, 2004 Lynn Walsh

Eurozone leaders attending the recent G7 summit of finance ministers from the richest capitalist nations let out a howl of impotent anguish. The statement issued after their meeting (7/8 February) at Boca Raton, Florida, deplored […]

No Picture
World Economy

World economy: Will there be a recovery?

October 15, 2003 Lynn Walsh

THE BOOMS of the 1980s and 1990s were both driven by frenzied international financial speculation. They have left deep problems for capitalism, and now form a massive barrier to a new, sustained economic upswing in […]

No Picture
World Economy

World Economic Forum: Defend our public services

July 28, 2003 Susan Fitzgerald, from Socialist Voice, paper of the Socialist Party, CWI in Ireland.

DUBLIN HAS the odious task of hosting the World Economic Forum (WEF) from 19 – 20 October. The WEF, which is a representative "think tank" for the top thousand multinational corporations in the world, plans […]

No Picture
World Economy

World economy: A synchronised crisis

April 7, 2003 Per Olsson, Stockholm

The world economy is on the edge of a prolonged period of stagnation. Before the war on Iraq began, its approach had already made a negative impact. A United Nations statement in January this year […]

No Picture
World Economy

World economy: Is war good for business

March 16, 2003 Kevin Parslow

FINANCE MINISTERS from the seven largest economies in the world met recently to debate how to revive the sick world economy. However, there was little agreement on how to revive the patient.

No Picture
World Economy

World economy: Scandal rocks world financial system

July 11, 2002 Peter Taaffe, CWI, 9 July 2002

"The credit system appears as the main lever of overproduction and over speculation in commerce solely because the process of reproduction, which is elastic in its nature, is here forced to its extreme limits.

No Picture
World Economy

World Economy: WorldCom fraud – Capitalism is a bankrupt system

July 4, 2002 Editorial from The Socialist

THE US, the most powerful economy in the world, responsible for a third of world output, is reeling with shock. This time there are no foreign terrorists who can be held responsible for disaster striking. […]

No Picture
World Economy

World economy: Here comes the slump

August 10, 2001 Per Olsson

Summer is usually a period when "not much happens", at least in Europe. But this Summer is like the calm before the storm. The mass demonstration in Genoa and the last general strike in Argentina […]

No Picture
World Economy

World economy: The threat of financial meltdown mkII

June 1, 1998 Issued by the Committee for a Workers’ International, 1 June 1998

This is an update on the world economy, a brief supplement to the CWI statement "Crisis of global capitalism", dated February 1998.

No Picture
World Economy

World economy: A crisis of global capitalism

February 9, 1998 Issued by the Committee for a Workers’ International, 9 February 1998

"Consider the big picture: an east Asia of toppling currencies and bank insolvency: rising unemployment in Latin America’s largest economy (Brazil) and falling real wages throughout the region: stagnation and unemployment in Europe: a rapidly […]

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Latest Posts

  • Scotland’s Green Party fracturing
    July 22, 2025
  • US – Don’t Fire MassArt Educators for Exercising their Right to Free Speech and Protest! – Sign the pettion
    July 21, 2025
  • Three years since election of left President, Gustavo Petro – Colombia is in crisis
    July 18, 2025
  • Netanyahu government plans “concentration camp” for Gaza’s Palestinians
    July 17, 2025
  • Australia’s worsening climate related crisis
    July 15, 2025
  • INDIA | One-Day General Strike
    July 11, 2025
  • KENYA | Anger Erupts Again in New Wave of Anti-Government Protests
    July 10, 2025
  • Serbia: Another huge anti-government protest as determined movement searches for way forward
    July 8, 2025
  • Former Left Labour leader, Jeremy Corbyn, announces “foundations” of a new party
    July 4, 2025
  • Air pollution: an invisible killer, caused by capitalism
    July 2, 2025
Obituary

OBITUARY | Peter Taaffe – International Trotskyist Theoretician and Fighter for Socialism

April 23, 2025

It is with great sadness that we announce the passing of Peter Taaffe, who after a long illness died on 23 April 2025. The loss of Peter is a big blow to the working class […]

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