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World Economy

Featured

What Causes Inflation?

September 4, 2023 TU Senan, International Secretariat-CWI

“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 […]

Features - World Economy

The End of Golden Eras

September 1, 2023 Hannah Sell, CWI International Secretariat

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 […]

Poverty & Inequality

Can capitalism be reformed?

July 31, 2023 Callum Joyce, Socialist Party (CWI England & Wales)

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 […]

Poverty & Inequality

 ‘Silent Coup – how corporations overthrew democracy’

May 18, 2023 Tony Saunois, CWI Secretary

‘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 […]

Africa

Ghana’s Debt Crisis – Failure of Capitalism

May 10, 2023 Peluola Adewale, Democratic Socialist Movement (CWI Nigeria)

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 […]

China

Can India replace China?

May 5, 2023 TU Senan, CWI

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 […]

World Economy

Banking Crisis Marks New Phase of Capitalist Turmoil

March 23, 2023 Tony Saunois (Secretary of the CWI)

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 […]

Featured

Capitalism’s ‘Megathreats’

March 1, 2023 Tony Saunois reviews 'Megathreats: The Ten Trends that Imperil Our Future, and How to Survive Them'

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 […]

Comment & Analysis

World’s population reaches eight billion

February 13, 2023 Tom Baldwin

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? […]

Comment & Analysis

Capitalist society convulsed and in turmoil: new challenges and tasks for Marxists and the working class

January 30, 2023 International Executive Committee of the CWI

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 […]

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