“Liz Truss resigns after failed budget and market turmoil”; “more than 40% of mortgages withdrawn as market reels after mini-budget”; “Sunak says higher taxes and spending cuts needed to satisfy markets”.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 […]
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 […]
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 […]
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 recent acute shortages of energy, goods, and labour in some sectors in the UK stem in large part from UK-specific capitalist failings. But the volatile world situation is part of the background to those […]
The explosive leaking of 6.4 million documents and 1.2 million emails, the ‘Pandora papers’, showing the grotesque activities of the super-rich, stashing billions of US$ in offshore accounts to avoid tax and to launder money, […]
In the wake of the Covid-19 pandemic, with fears of rising unemployment as the furlough scheme is wound up, and the full extent of the economic scarring from the pandemic is revealed, there are also […]
Across the globe, at least 2.4 million people have now died from contracting Covid-19. Livelihoods have been wrecked and economies have crashed, with the world economy shrinking by over 4% and the UK suffering a […]
For over a year, the Covid-19 pandemic has wreaked havoc across the globe, causing over two million deaths and unleashing enormous economic and social crises. 2021 has ushered in new lockdowns in the UK, Germany […]
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