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World Economy

Environment & Climate Change

Global fuel crisis underlines need for democratic, socialist planning of energy industries

April 9, 2026 Editorial of the Socialist (issue 1362), paper of the Socialist Party (CWI England & Wales)

For millions of workers, there are bitter memories of the depths of the cost-of-living crisis. For many, it never ended. And so projections for a new round of inflation coming down the track will be […]

Iran

War in the Middle East and its dangers for an already weak world economy

March 21, 2026 Sonja Grusch, Sozialistische Offensive (CWI Austria)

At the beginning of this year, the world economy seemed to develop in a promising direction, according to some analysists. The IMF revised its forecast from October 2025 upwards and cited a “resilient growth”. However, […]

World Economy

Protectionism, Free Trade, or International Socialist Planning?

February 3, 2026 Wayne Scott, first published by Socialist Party Scotland (CWI)

The escalating trade conflict between the United States and China is not simply a dispute between politicians or the result of misguided policies from the White House. It reflects deep strains inside global capitalism itself. […]

World Economy

Mercosur-EU pact finally signed, but it won’t solve European capitalism’s crisis

January 15, 2026 Sonja Grusch, CWI Austria

On Friday, the 9th January 2026 a majority of representatives of the EU-countries finally agreed to a treaty with Mercosur, the Southern Common Market, a South American economic bloc. It seems that 25 years after […]

World Economy

Fractured world economy, AI asset bubble – heading for a crash?

November 3, 2025 Philip Stott, from the Socialist Party Scotland (CWI) website

“As things stand, there are enough bubbles that are set to burst within a year. When they do burst they will cause significant economic disruption. The fallout won’t lead to a 1929-style crisis, and it […]

AI Technology

DeepSeek and the AI ‘arms race’

April 29, 2025 Mark Best, Socialist Party (CWI England & Wales)

Originally published in Socialism Today No. 286, magazine of the Socialist Party (CWI England & Wales) Chinese company DeepSeek launched its generative AI ‘r1 model’ in January. Run and primarily funded by Liang Wenfeng, a […]

Spotlight on the USA

Trump’s Tariff Turmoil

April 16, 2025 Hannah Sell, Socialist Party general secretary (CWI England & Wales)

James Carville, the political advisor who coined the phrase ‘it’s the economy stupid’ as a campaigning slogan for Democrat Bill Clinton to win the 1992 presidential election, was once asked what he’d like to be […]

World Economy

Trump’s “Liberation Day” – An international socialist response is needed!

April 8, 2025 Robert Bechert

Trump’s 2nd April “Liberation Day” speech was a turning point, as it launched an open offensive to break capitalist globalisation in its current form. This was not, as Trump falsely claims, in the interests of US […]

Spotlight on the USA

The Consequences of Maganomics

January 29, 2025 Editorial of Socialism Today magazine (monthly magazine of the Socialist Party (CWI England and Wales)

Trump is back in the White House. Much of the world is gripped by fear about what his second term will mean, as are millions in America – particularly migrants, LGBTQ+ people, and others likely […]

USA

The Truth About the US Inflation Reduction Act

August 19, 2024 Hannah Sell, CWI International Secretariat

Originally published in Socialism Today, magazine of the Socialist Party (CWI England & Wales). This year is the thirtieth birthday of the World Trade Organisation (WTO). It is also the year China opened a WTO […]

Posts pagination

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