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22 March 2013

The collapse of Stalinism

The other prop of Merseyside's case against the Socialist Party leadership is in relation to the collapse of Stalinism...

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22 March 2013

Length of the present cycle

The document states: 'In October 1997, Merseyside questioned, at the NC, the perspectives of the leadership in relation to the world economy...

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20 June 2012

British economy: "black cloud overhead"

The government is desperate. Its economic policies have failed, and worse than that, it is clear they are compounding the economic malaise. Austerity is destroying demand in the economy

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Madrid: Spain’s town squares filled with tens of thousands of indignados (angry people), mainly youth, in protest at the anti-social consensus of both PSOE and the PP , photo Sarah Wrack

Madrid: Spain’s town squares filled with tens of thousands of indignados (angry people), mainly youth, in protest at the anti-social consensus of both PSOE and the PP , photo Sarah Wrack

13 June 2012

Spain: bank bailout can't stop Euro death-spiral

As on a rickety rollercoaster, the euro train could shoot off the rails at any moment. Will it be triggered by the soaring loop of the Spanish banking crisis? Or the crazy corkscrew of the Greek crisis...

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7 March 2012

Them & Us

Marching to recession: Remember chancellor George Osborne's prediction of a "march of the makers" where manufacturing would bring growth back to Britain's economy?...

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On the London demonstration during the 30 June public sector pensions strike, photo Paul Mattsson

On the London demonstration during the 30 June public sector pensions strike, photo Paul Mattsson

25 January 2012

Hard Times - but not for the 1%

Defend pensions, fight the cuts in jobs and pay: As the clouds of recession grow darker, practically every section of society feels the grim effects. Apart from one group - there are few signs of recession for the super-rich! writes Roger Shrives.

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29 November 2011

Con-Dems' autumn statement: 'pain now, pain tomorrow and more pain for longer'

"The train is heading over the cliff", declared an MP, about the economy. Now George Osborne has taken some desperate measures to try to partially alleviate the nightmare, but the autumn statement is not a 'Plan B'

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23 November 2011

Tragic effect of recession

What a tragic waste of human life this economic crisis is creating! In the Socialist (issue 694), we read about the Warwickshire couple who committed suicide because they didn't have enough to live on...

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9 November 2011

Failed G20 summit takes eurozone nearer to the abyss

The G20 meeting of the world's most powerful government leaders on 3 and 4 November was a 'No Cannes Do' summit. The discussions were hijacked by the Greek crisis...

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2 November 2011

Fast News

Spare no expense: Former prime ministers Margaret Thatcher, John Major and Tony Blair together have claimed over £1.7 million in 'expenses' in the last five years...

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12 October 2011

Sovereign debt crisis, recession... No way out under capitalism

Banks continue to demand government bailouts; an ever-deepening sovereign debt crisis in Europe and the USA; mass unemployment and cuts in services on a level not seen since the 1930s; a widening gulf between rich and poor....

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14 September 2011

Austerity policies strangle growth

Pawn shops are booming, pound stores are multiplying. But spending on services and retail (apart from food) has slowed to a standstill. Socialism Today editor Lynn Walsh looks at the effects of Con-Dem cuts on the UK economy.

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14 September 2011

Fast news

Dark days: The combined effects of the capitalist recession, wage and benefit cuts, tax increases, job losses and other government austerity measures have hammered UK living standards...

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31 August 2011

New phase in the great recession

Capitalist strategists are filled with gloom at the prospect of a new economic downturn. Fear of recession in the US, its credit rating downgrade and political dysfunction, not to mention the ongoing eurozone. Lynn Walsh reports.

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17 August 2011

World economy: Capitalists unable to stop the turmoil

Capitalists unable to stop the turmoil: As their system continues to slide further into its worst crisis since the 1930s, the frantic efforts of world capitalist leaders to reverse the process are farcical, contradictory and ineffective, writes Clare Doyle

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17 August 2011

News in brief

Zero tolerance: Prime minister David Cameron has invited William Bratton, the former US police chief credited with 'zero tolerance' policing, to advise the government...

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Protesting in Manchester in January, photo Dave Beale

Protesting in Manchester in January, photo Dave Beale

13 April 2011

Con-Dems' economic policy... austerity, austerity, austerity!

'The worst is yet to come'. The Con-Dem chancellor, George Osborne, claims his budget (24 March) is the "most pro-growth budget for a generation", writes Lynn Walsh, Editor of Socialism Today.

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Young people march for a future: Youth Fight for Jobs and Socialist Students on the 29 January London demonstration against education cuts, photo Senan

2 February 2011

'In reality, Britain is facing a savage economic ice age'

"Dire", "terrible", "shockingly bad", "horrendous... an absolute disaster for the economy"! These were some of the terms used by City and media analysts to describe economic figures for the last three months, writes Lynn Walsh, Socialist Party executive committee...

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17 November 2010

Britain's trillion pound horror story

TV review: EVER SINCE the worldwide economic recession started in 2008, Britain's bankers and big business have been trying to avoid responsibility for the crisis...

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3 November 2010

Con-Dem shock therapy - midwife to a double dip?

The comprehensive spending review (CSR) announced by the Tory chancellor, George Osborne, on 20 October will be a high-voltage charge of shock therapy for the British economy, writes Lynn Walsh, Socialist Party executive committee.

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