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Latest:
  • [ 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
  • [ July 11, 2025 ] INDIA | One-Day General Strike India

World Economy

Britain

Coronavirus infects world economy

March 10, 2020 Editorial from The Socialist, weekly paper of the Socialist Party (CWI England & Wales)

The biggest one-day fall in stock markets since the financial crisis; an oil price war between Saudi Arabia and Russia; and the fastest drop in the cost of oil for 30 years. The impact of […]

Theory & Marxism

Capitalism: The system that ruins the world

December 21, 2019 Book review by Peter Taaffe, from the forthcoming edition of Socialism Today, No.235, to be published in the New Year

To meet an ever-growing questioning of capitalism since the crisis of 2007-08, the system’s defenders look to theoretically justify its continued rule. The latest effort is by the renowned former World Bank economist, Branko Milanović, […]

World Economy

World Economy: Germany’s new ‘Chicago Boys’

September 23, 2019 Peter Taaffe, from Socialism Today (October 2019)

The deep crises in the world economy and political establishments are not only reflected in attempts to resurrect Keynesian-style policies. Other capitalist economists are proposing that an even harsher neoliberal model should be applied – […]

World Economy

Neoliberalism: Consequences and alternatives

September 16, 2019 Book review by Tony Saunois, from Socialism Today (monthly magazine of the Socialist Party - CWI England & Wales)

Brutal neoliberal policies and austerity has created growing mass anger. The growth in Trump-style populism is one consequence of this, as is an increased interest in ‘New Deal’ style reforms. A recent book contrasts different […]

Comment & Analysis

World Perspectives: Marxist analysis of tumultuous events and key tasks for the workers’ movement

August 29, 2019 Document agreed by July 2019 international conference of the CWI

The following world perspectives document was discussed, amended and passed by delegates and visitors at an international conference, held in London from July 22-25 2019, to reconstitute the Committee for a Workers’ International (CWI). Global […]

World Economy

What lies behind the US-China trade war?

May 24, 2019 Robin Clapp, Socialist Party (England & Wales CWI)

Last week, US President Donald Trump announced that under the rarely invoked International Emergency Economic Powers Act, the Chinese telecoms giant Huawei and seventy of its affiliated companies are set to be added to the […]

World Economy

New recession fear stalks the world economy

February 26, 2019 Robin Clapp, from The Socialist (weekly newspaper of the Socialist Party, England & Wales)

2018 marked ten years since the collapse of Lehman Brothers bank which plunged the world economy into the deepest economic recession since the 1930s. The financial virus spread quickly, causing production and trade to seize […]

World Economy

10 years since the financial crash

September 14, 2018 Steve Score, Socialist Party (CWI in England & Wales)

The socialist answer to capitalist crisis

No Picture
World Economy

World Economy: Ten years since the crash

March 1, 2018 Judy Beishon, Socialist Party (CWI in England & Wales)

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 […]

World Economy

The robot bubble: New technology, new crisis ahead

December 28, 2017 Sonja Grusch, Austria

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 […]

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Latest Posts

  • 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
  • Israel–Iran ceasefire: Superficial “victory” projected by Israeli government as bloodbath in Gaza goes on
    June 29, 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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