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3 February 2016

World economy heading into a storm

Every year the global capitalist elite meet at the World Economic Forum held at Davos. This year, the prevailing mood was anxiety, the keynote pessimism. They fear the world economy is heading for a storm.

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3 February 2016

Japan: The failure of 'Abenomics'

Building of working class left opposition urgent: Shinzo Abe recently became the longest serving Japanese prime minister in nearly four decades. His Liberal Democratic Party (LDP) government has regained its lead position in the opinion polls.

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27 January 2016

Steelworkers may face benefit cut-off for not seeking bar jobs

Skilled steelworkers, recently made redundant, could apparently face punishing benefit sanctions - for refusing to seek low-paid work which doesn't use their skills.

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27 January 2016

Davos summit: a broken capitalist system

At their annual semi-secret get together in Davos, Switzerland last week, 3,000 bankers, industry chiefs, media moguls and capitalist politicians met to deliberate the state of world affairs. These self-declared 'masters of the universe' were forced to conclude that their system isn't working properly.

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20 January 2016

China: Financial turmoil spreads fear across global markets

Global financial markets started 2016 with a bang! A reprise of last summer's chaotic falls on China's stock markets triggered panic selling of shares, commodities and currencies around the world

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15 January 2016

Britain's fractured politics

Labour's left and right fault-lines are widening. The Tories face deep splits over Europe - and their savage austerity could yet unleash mass resistance. It's a volatile mix, writes Peter Taaffe, in Socialist Today

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6 January 2016

No government majority as Podemos partially recovers

Spain - elections mark shift to left: The elections on 20 December registered a fundamental change in the political situation and composition of the parliament. This change was also reflected in the local elections in May.

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9 December 2015

Venezuela elections

The billionaire-backed conservative capitalist opposition won a large majority in Venezuela's recent general election. This represents a big setback to the 'Bolivarian revolution' legacy of Hugo Chavez.

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25 November 2015

Autumn statement: bonanza for bosses, pain for us

As we go to press, Tory Chancellor George Osbourne is due to deliver his autumn budget statement. The Socialist expects the usual tax cuts and freebies bonanza for big business and the rich. But for working class people, it can only be more misery.

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25 November 2015

Steelworkers demand government action to Save Our Steel

Hundreds of steelworkers from across all the steelmaking heartlands of Britain - Wales, Scotland and the north of England - took to the streets of Sheffield on 21 November to demand government action to save the steel industry.

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29 October 2015

Hinkley deal - no point in nuclear

The recent visit of Chinese Premier Xi Jinping seems to have sealed the deal on the Hinkley Point C nuclear reactor - a deal which is disastrous in every aspect.

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21 October 2015

World economy: 'biggest danger to capitalism is capitalism'

Redcar steel plant to close after a century of production, raw material prices collapsing, China's economy slowing, the ongoing euro crisis...

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30 September 2015

Socialism is back!

For decades the pro-capitalist politicians that dominate parliament have told us that socialism is irrelevant and outmoded. Jeremy Corbyn's election as Labour leader has started to change that

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2 September 2015

China crisis: What will this mean for the world economy?

The contraction of the Chinese stock exchange has sparked justified fears that the world economy could be in for a repetition at a certain stage of a crisis with similar effects to the 2007/2008 catastrophe

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2 September 2015

Thailand plagued by military junta and downturn

The horrific bombing in Thailand's capital Bangkok on 17 August killed 20 people and seriously injured 125. Meanwhile, workers are crushed between the country's dictatorial government and the global economic crisis.

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19 August 2015

Youth 'Boot camps': We won't pay for their crisis!

Tory Cabinet minister Michael Hancock has announced punitive plans to force unemployed youth to attend military-style boot camps.

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19 August 2015

Solidarity with Polish workers

On 20 August, Polish workers in Britain are striking

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19 August 2015

Retail union must fight Sunday trading deregulation

Among the Tories' vicious attacks on working class people is further deregulation of Sunday trading.

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5 August 2015

China at a turning point

China's stock market crash has shaken the image of a 'strong' regime.

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