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Economy


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8 July 2008

UK economy sliding into recession

Cost of living - from CNWP leaflet

Cost of living - from CNWP leaflet

THERE HAS been a raft of economic data in recent weeks showing the continuing decline in the UK and world economy but Alistair Darling says there is nothing to worry about, writes Jane James.

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25 June 2008

Review: False 'gods' of a failing system

Feature: According to the ancient Greeks: "Those whom the gods wish to destroy they first make mad." Peter Taaffe reviews 'The Gods That Failed: How Blind Faith in Markets Has Cost Us Our Future', drawing out the value and limitations of a devastating critique of 'modern' capitalism.

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11 June 2008

Oil price shock - the chaos of capitalism

Years of frenzied speculation on commodity markets: We have been hit by a tsunami of energy price rises. A flood of speculative activity in oil markets has produced a huge bubble that will inevitably collapse in coming months. Lynn Walsh investigates.

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4 June 2008

Engels: A Revolutionary Life

Freidrich Engels

Freidrich Engels


The ideas of the Socialist Party, based on scientific socialism, are identified with Karl Marx and 'Marxism', but Friedrich Engels deserves to be bracketed alongside the great 'philosopher of the millennium'. Peter Taaffe reveiws Engels: A Revolutionary Life, by John Green. (Artery Publications, London 2008)

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20 May 2008

Force more u-turns out of this weak government

Editorial from The Socialist 21 May 2008: A YouGov opinion poll has put New Labour on 23%, their lowest share of support since polling began in the 1930s...

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16 April 2008

Housing crisis: Britain's house of cards

AS THE US economy moves sharply downwards, the threat of a crash in the British housing market is becoming ever more real, writes Marc Glasscoe, Socialist Party Lincoln.

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25 March 2008

World events and their repercussions

Two extracts from a summary of the present world situation and world relations, written by Peter Taaffe for a meeting taking place this month of representatives from European sections of the Committee for a Workers' International...

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19 March 2008

Darling's 'more of the same' budget

Editorial: "The most wrenching since the end of the second world war" is how Alan Greenspan, ex-head of the US Federal Reserve, described the current crisis engulfing the US economy...

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19 March 2008

Building a campaigning, fighting socialist party

Informed by discussions on likely political developments, worldwide and in Britain, the Socialist Party congress also examined what these mean for us organisationally in the session on 'building the Socialist party', writes Paula Mitchell, London Socialist Party secretary

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19 March 2008

Socialist Party 2008 congress

Delegates and visitors from Socialist Party branches across England and Wales met in London on 8-10 March, for the Socialist Party's annual congress. Reports on main sessions.

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12 March 2008

World's poor hit by rocketing food prices

ONE IN six of the world's population (854 million) do not have enough food to eat. Every year, despite the recent boom in the world economy, another four million are added to this total.

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1 March 2008

British Perspectives 2008

The 2008 National Congress is taking place against the background of a profound change in the world economy and, flowing from that, the political situation...

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1 March 2008

Britain's economic crisis

Exactly how severe the crisis in Britain's economy will be, how long it will take to bite, and the precise political effects of it, are not yet clear...

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27 February 2008

Feature: Fidel Castro's resignation opens up new chapter

Fidel Castro in his days as a guerrila

Fidel Castro in his days as a guerrila

The formal resignation of Fidel Castro as president of Cuba opens up a new chapter in Cuba's history. PETER TAAFFE comments on this latest development and argues the need for workers' democracy in Cuba.

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19 February 2008

Northern Rock - Labour's reluctant nationalisation

The Socialist Editorial The nationalisation of Northern Rock was met with howls of outrage from some of its shareholders, who screamed about 'theft' and 'immorality'. This was a major blow against the concept of an unfettered market-driven economy...

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13 February 2008

100 people pack London world economy meeting

IN RESPONSE to the current global shocks to the world economy, more than 100 people packed the all-London Socialist Party public meeting on 7 February... By Manny Thain

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30 January 2008

Debt and housing slowdown threaten Britain's time bomb economy

Debt and housing time bomb, photo The Socialist

Debt and housing time bomb, photo The Socialist

THE EXTREME volatility in the world's stock markets has not yet led to London city slickers jumping off skyscrapers. But growing fears about the underlying health of the economy prompted one commentator to scream about a global 'pandemic'...

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29 January 2008

New Labour attacking our vital benefits

Flooded with Debt, cartoon by Suz, www.squashdonkey.co.uk

Flooded with Debt, cartoon by Suz, www.squashdonkey.co.uk

Gordon Brown's government is weaker than ever before. The smog of sleaze that pervaded Blair's government has now settled over Brown's with the resignation...

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29 January 2008

End this market madness

THE RECENT white-knuckle ride on world stock markets threatens a world recession. And it will be working-class people who will pay the price, writes Manny Thain

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23 January 2008

Shock of recession draws near

Editorial: AS SHARE values tumbled in the most dramatic falls since 9/11, the talk was not so much of whether there will be a recession, but of how deep and long it will be....

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