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Economy

World Economy

Global capitalism at most perilous since 1930s

January 13, 2021 Robin Clapp, from The Socialist (Issue 1116), the weekly newspaper of the Socialist Party (CWI England & Wales)

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 […]

World Economy

Super-rich tax evasion costs equivalent of thirty four million nurses worldwide

December 15, 2020 Dave Gorton

Around £320 billion is lost annually to corporate tax abuse and private tax evasion, the equivalent of nearly 34 million nurses’ salaries, according to the Tax Justice Network. Poorer countries are most affected, with tax […]

Slider

Worldwide capitalist crisis deepens – step up the fight for socialism

October 7, 2020 Hannah Sell, Socialist Party (CWI England & Wales) general secretary

A decade ago, following the worldwide financial crash, a Financial Times editorial congratulated capitalism on a bit of luck that “the left” was “missing in action in what should have been its finest hour. In […]

World Economy

‘FinCEN Files’ expose rampant financial corruption

September 29, 2020 James Ivens

The intimate connections between organised crime, high finance, and the capitalist state have been exposed. Documents leaked from the US Financial Crimes Enforcement Network (FinCEN) detail over $2 trillion of suspect transactions over two decades. […]

Coronavirus

Is Universal Basic Income a solution to insecurity and poverty?

May 25, 2020 Tessa Warrington, Leicester Socialist Party (CWI England & Wales)

Few could have imagined when the Tories won the 2019 general election in Britain that five months later they would be carrying through measures of state intervention beyond the scale even of Jeremy Corbyn’s Labour […]

Comment & Analysis

Coronavirus plunges capitalism into global turmoil -The need for a socialist alternative

March 23, 2020 Statement from International Secretariat of the CWI

Statement from International Secretariat of the CWI 23 March 2020 The outbreak of the coronavirus pandemic has plunged world capitalism and society into an entirely new era of turmoil and upheaval. In country after country, […]

World Economy

World Economy: The new crisis and its consequences

March 19, 2020 Editorial from the April 2020 edition of Socialism Today (monthly journal of the Socialist Party - CWI England & Wales)

As global markets reel in the face of the developing coronavirus pandemic, it is difficult to see how these events will not be the trigger for a new world capitalist economic downturn, with all the […]

Britain

Capitalist crisis and coronavirus: Tory Prime Minister Johnson’s budget for the bosses

March 14, 2020 Statement by the Socialist Party (CWI England & Wales)

British Prime Minister, Boris Johnson, won the general election, last December, by trying to pose as a ‘man of the people’. Despite the rhetoric the first budget of his premiership showed clearly that, like all […]

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 […]

Economy

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, […]

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Latest Posts

  • Inauguration day clashes loom – The US in crisis and need for a socialist alternative
    January 16, 2021
  • Japan’s change of prime minister fails to stem government’s problems
    January 15, 2021
  • Finland: Happiest country in the world?
    January 14, 2021
  • Global capitalism at most perilous since 1930s
    January 13, 2021
  • Lebanon’s overlapping crises create desperate situation for working class
    January 12, 2021
  • Hong Kong: Sweeping arrests of activists presage dark period ahead
    January 12, 2021
  • Pro-Trump supporters’ attacks on Capitol Hill – A socialist response
    January 11, 2021
  • Engels on the origins of women’s oppression and its relevance to today’s struggles
    January 9, 2021
  • Sweden: Covid devastation as nurses pushed beyond breaking point
    January 9, 2021
  • Obituary: Jörg Winter – 40 years active in the Marxist movement
    January 8, 2021

Trotsky
  • 8oth anniversary of Trotsky’s assassination: The revolutionary ideas of a Marxist giant
    August 19, 2020
  • 79 years since the death of revolutionary socialist Leon Trotsky
    August 21, 2019
  • No Picture
    New introduction to Trotsky’s classic work, ‘In Defence of Marxism’
    March 1, 2019
History
  • 100 years since the foundation of the Communist Party of Great Britain
    July 24, 2020
  • The Spanish Flu of 1918 and how it “fanned the flames of revolt”
    May 18, 2020
  • A new world order: global reconstruction after World War Two
    May 16, 2020
  • 75th anniversary of ‘VE Day’ – War and revolution
    May 8, 2020
  • Portugal’s ‘carnation revolution’ – 46 years since revolt against right wing dictatorship and capitalism
    April 25, 2020
Science & Technology
  • Can green technology and AI save capitalism?
    December 23, 2020
  • 50 years since Apollo 11 – ‘One giant leap’: how political conflict launched the moon landing
    July 20, 2019
  • The growth of artificial intelligence technology
    December 10, 2018
  • Technology: Will robots end capitalism?
    August 14, 2015
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