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Capitalism

15 October 2008

Capitalism in crisis: Why you should come to Socialism 2008

Socialism 2008

As one student planning to attend Socialism 2008 put it: "Things aren't carrying on in the same way and neither can I, writes Sean Figg, Brighton Socialist Party.

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8 October 2008

Responsibility for the 'age of irresponsibility'

Comment: For years opinion-formers have been mobilised in defence of capitalism. They have argued that it is not fatally flawed, that it is only the criminally reckless elements ripping off the system that created...

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7 October 2008

Editorial: Casino capitalism's crisis continues

"Black Mondays used to be a once-a-decade event - now they're coming along more regularly than a London bus" declared one senior London trader as the UK stock market suffered the biggest one day points fall on record...

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2 October 2008

Market madness!

Profit system failing: The world economy, already in turmoil from the credit crunch, was swept further into an abyss by the thunderbolt news that the US congress had rejected a 'blank cheque' $700 billion bailout of failing banks, writes Judy Beishon, editor, The Socialist.

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30 September 2008

Market meltdown

Defend workers

Defend workers' living standards. Photo International Socialists

Profit system failing: The world economy, already in turmoil from the credit crunch, was swept further into an abyss by the thunderbolt news that the US congress had rejected a 'blank cheque' $700 billion bailout of failing banks...

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29 September 2008

The great implosion: Capitalist finance system nears meltdown

Editorial, Socialism Today, October 2008: Over recent years, we have often been accused of being 'catastrophists'. This is because we predicted that the debt-driven bubble economy, dominated by high-profit, high-risk finance capitalism, would...

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23 September 2008

Their failure, their system: make capitalists pay

FAT-CAT bankers from Wall Street to the City of London are reeling from the white-knuckle ride of last week's financial crisis. Capitalism has taken an almighty battering, writes Elaine Brunskill.

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23 September 2008

New Labour flounders in face of economic crisis

Editorial The Trades Union Congress took place less than a month ago. Its leaders reflected their members' anger at New Labour, demanding that the government introduce a windfall tax on the utility companies...

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23 September 2008

Make the super-rich pay!

British capitalism in crisis: This was the week that the world changed. For over two decades all we have heard from the UK government is that the market must decide. Schools, hospitals and public services have been cut and privatised...

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17 September 2008

Capitalist crisis - Karl Marx was right

Karl Marx

Karl Marx

"It is a moment Karl Marx would have relished. From every angle financial capitalism is taking a battering." (The Guardian) The economic witch-doctors and soothsayers of capitalism were wrong and the socialists and Marxists were right...

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