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 […]
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 […]
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 […]
The socialist answer to capitalist crisis
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 […]
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 […]
The Daily Mail reacted with predictable hysteria when, in May 2017, John McDonnell stated: “You can’t understand the capitalist system without reading Marx’s Das Kapital.” When asked to immediately condemn his shadow chancellor, Labour leader […]
Bosses strive to offload cost of crisis on working class – a struggle for system change is needed
Steel plant to close after a century of production, raw material prices collapsing, China’s economy slowing, the ongoing euro crisis…
Sharp downturn in BRIC countries
The sudden plunge of oil and gas prices has underlined the volatility in the world capitalist economy
Defend all plants and jobs – save factories through nationalisation – for a 30-hour week at Opel/Vauxhall without loss in pay
Increasing concerns and contradictions
In the first week of March share prices surged on the New York Stock Exchange followed by other major exchanges. Does this signify a revival of the global capitalist economy?
IMF and World Bank reduce growth predictions
Factory closures in Europe’s auto industry spreading. Defend Bochum, Genk, Aulnay-sous-Bois, Southampton and Dagenham – for a united struggle to protect all jobs and factories
Sıkıntılı bir süreç geçiren otomobil devi Fiat’ın patronu, aynı zamanda ACEA (Avrupa Otomobil Üreticileri Birligi) Başkanı Sergio Marchionne ’’bu, fiyatlar ve kar oranları için ölümüne bir savaş” diyerek Avrupa piyasasından yakınıyordu. New York Times’ın bu […]
The problems of the eurozone, rooted in the clash of national interests and the rivalries of capitalist leaders, remain as intractable as ever.
Billions around the world suffer from either malnourishment or obesity.
Global capitalism is mired in depression. A Keynesian tract for our times by Paul Krugman proposes a way out
After a month of negotiations on an Arms Trade Treaty at the United Nations in New York, the discussions came to an ignominious end last Friday when, first the United States and then Russia and […]
Take the wealth off the 1%!
Capitalist crisis and workers’ mass struggles take global dimensions
Capitalist leaders are in disarray as they strive and fail to get to grips with the eurozone crisis and its threat to the global economy
The European economies are in the throes of an austerity-induced recession, which is likely to be protracted.
On the brink of a new downturn
Fight for socialism
Rich hoard wealth – Fight for a socialist future!
Study finds 1% of corporations control world economy
Eurozone threatened by sovereign debt and banking crisis and compounded by near-zero growth
Capitalist strategists are filled with gloom at the prospect of a new economic downturn.
Trying to control an anarchic and blind system, none of the measures taken stem the downward spiral
The package does little or nothing to reduce the unsustainable debt mountain or stimulate economic growth
The economy and inter-imperialist relations
This film “cost $20,000,000,000,000 to make” – a reference to the economic losses, so far, from the global crisis
The latest rich list produced by the Forbes magazine shows that the collective wealth of the world’s 1,210 billionaires has reached a new record high of $4.5 trillion – up nearly $1 trillion on last […]
THE FINANCIAL speculators and hedge funds that so spectacularly contributed to the financial crisis resulting in the ’Great Recession’ have now turned their attention to the international food market with devastating consequences.
‘Plan B’ – Will it work?
In the "Joe Show", a US radio talk, CWI members explain that capitalism has failded and it’s time for socialism to come to rescue.
Clashes escalate crisis
IMF summit fiasco
In about three weeks, a Plenary Meeting of the General Assembly of the United Nations will be held in New York to review progress in reaching the Milennium Development Goals (MDGs).
In the past few weeks there’s been a noticeable shift in tone in the business pages and journals. Their confidence in the so-called “recovery” has faded, and has been replaced by anxiety.
Business and media circles are agog at “the most significant development in philanthropy” for many decades.
Wages have been slashed, unemployment has exploded and our public services have been cut savagely as the economic crisis developed in Ireland. All of this is the result of the policies of the right-wing government […]
This week, the Committee for a Workers’ International (CWI) is holding its annual Summer School, in Belgium.
The G20 meeting in Toronto of the leaders of the main capitalist governments of the world demonstrated a complete incapacity to solve the huge problems that confront us, particularly those hardest-hit – the poor and […]
Another way for the banks and finance institutions to earn a quick buck.
2010 – Savage social cuts, workers’ resistance and growth of socialist ideas
Political, social and environmental consequences and tasks of the workers’ movement
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