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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'
100,000 demonstrate in Brussels in 2010, photo Paul Mattsson
28 November 2011
The Eurozone is at a tipping point. EU leaders are in disarray and have no clear strategy for resolving the crisis.
Fragmentation of the Eurozone could trigger another deep financial crisis and global economic downturn. Lynn Walsh, Editor, Socialism Today, monthly magazine of the Socialist Party, analyses the crisis.
16 November 2011
Berlusconi quits as debt crisis hits eurozone's third largest economy
The deepening eurozone crisis has claimed another government with the departure of Italy's prime minister Silvio Berlusconi...
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...
9 November 2011
Miliband the militant? No way!
Labour Party leader Ed Miliband has come out in favour of the occupation at the London Stock Exchange, writes Paul Gerrard.
26 October 2011
The sovereign debt and eurozone crises, the Great Recession, etc, have all focussed attention on the failings of the banking sector and the greedy giant capitalist corporations
26 October 2011
Euro crisis - urgent need to build a socialist alternative
The leaders of the European Union (EU) are desperate for a way out of the crisis in the eurozone. Political quarrels between different capitalist politicians have caused a decision on the eurozone's next...
Photo Paul Mattsson
19 October 2011
15 October: day of intercontinental resistance
Break the power of the banks and big business: On 15 October, all around the globe, the "enraged", the "indignad@s", the "occupiers of Wall Street", took to the streets to challenge the power of big business...
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....
5 October 2011
Tory conference farce - Carry on cutting!
A Guardian editorial summed up chancellor George Osborne's conference speech as: "while the basic facts have changed, his basic script has not", writes Sarah Sachs-Eldridge.
5 October 2011
USA: Occupy Wall Street struggle spreads
Corporate greed and banks domination challenged: An anti-capitalist protest movement has sprung up in New York, occupying central plazas, inspired by the North African protests earlier in the year dubbed the 'Arab Spring' and similar actions in Spain, Portugal and Greece...
Photo Paul Mattsson
28 September 2011
World economy in meltdown - we won't pay for capitalist crisis
In a recent address to the Canadian parliament, David Cameron bluntly said: "Growth in Europe is stalled. Growth in America has stalled. The effects of the Japanese earthquake, high oil and food prices have created a drag on growth. We're not quite staring down the barrel, but the pattern is clear".
Xekinhma, Greek section of CWI, on massive general strike in Greece on 15 June 2011, photo Stephan Kimmerle
28 September 2011
As debt crisis deepens... Greek workers and youth in revolt
Greece has recently experienced a barrage of strikes by different sections of the working class - involving transport workers, teachers, some council workers, taxi drivers, mental health workers and others - against the Pasok government's latest austerity measures...
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.
14 September 2011
Nationalise the banking system!
The only effective form of regulation is for the banks to be fully nationalised under democratic and popular control and run for the benefit of ordinary people, not the super-rich, writes Ken Douglas.
NSSN demo
13 September 2011
We need a programme of action to fight back!
Never before has it been more necessary for the trade unions and labour movement to combat the pessimism and hopelessness which pervades the capitalist media. Peter Taaffe outlines a positive, realistic programme against the abyss of mass unemployment and poverty which the capitalist system threatens.
7 September 2011
Book review: 'Them and Us' by former Observer editor Will Hutton, originally published in 2010, is now available in paperback. Bob Severn reviews the book...
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.
31 August 2011
Welcome to David Cameron's latest wheeze to save 'broken Britain' - the Social Impact Bond. It's got a lot in common with all Desperate Dave's other failed remedies...
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