The extremely right-wing Modi-led BJP government has completed nine years in power, with elections scheduled next year. At this juncture, when we draw political perspectives, we need to assess the processes that have been unfolding […]
“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 […]
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 […]
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 […]
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 […]
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 Credit Suisse in Switzerland. It is likely […]
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 […]
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) […]
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, […]
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