
Latest Posts
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RussiaPutin’s brutal regime emerged in conditions of economic anarchy as a new capitalist class was forming amidst the collapse of the previously planned economy. Peter [...]
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Oil industry£40 billion. That’s the eye-watering sum oil giants BP and Shell are set to make this year alone. A year that has seen a dire [...]
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USOn 2 May, a draft opinion from the Supreme Court case Dobbs v Jackson was leaked, suggesting that the ruling in this case will overturn [...]
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Sri LankaThe Sri Lankan government’s attempt to defeat the movement against it has provoked a ferocious reaction from protesters. Just days before, on 6 May, trade [...]
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BritainOn local elections day, 5 May, none of the main parties offered any escape from the escalating, unrelenting cost-of-living crisis. No surprise then that the [...]
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Sri LankaThe following article was written just before the resignation yesterday of Sri Lanka’s prime minister, Mahinda Rajapaksa, after weeks of protests amid an economic crisis. [...]
Economy

World Economy
Are cryptocurrencies ground-breaking assets for capitalism?
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) […]

World Economy
Volatility in world supply chains
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 […]

World Economy
‘Casino capitalism’ reaches new levels as inequality grows
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 […]