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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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13 July 2011

Greece's debt crisis: No way out for workers under capitalism

As the sovereign debt crisis in Greece deepens, Andros Payiatos from Xekinima (CWI in Greece), speaks about its effects and the way out for workers and the majority in society

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Photo Paul Mattsson

Photo Paul Mattsson

22 June 2011

As the cuts bite, millions ask: 'Does it have to be like this?'

Despite protests in Athens their country "is busted" and even "a socialist revolution would not change that reality", claims the Independent newspaper. Peter Taaffe busts the myth and explains the socialist alternative.

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Wages fall

Wages fall

8 June 2011

Economic crisis in 'them and us' Britain

Editorial of the Socialist: For a few at the top, Britain is still booming. In 2010, while the majority suffered the biggest squeeze on their incomes since 1977, the earnings of FTSE 100 chief executives rose by 32%...

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18 May 2011

Britain's economic position and the cuts

14) The hopes of a revival in the fortunes of the ConDem government - which is already under siege from opposition to the cuts - will be dissipated...

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18 May 2011

World Economy

5) The chorus of capitalist commentators to the effect that capitalism is on a recovery road to promised 'sunny economic uplands' is bogus...

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18 May 2011

Crisis deepens in the eurozone

What we think The eurozone faces its deepest crisis since the euro was launched in 1999. Failure to resolve the sharpening Greek debt emergency would have a devastating effect on the European and world economies.

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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

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

18 May 2011

Con-Dems: Supporting Youth Enslavement

In an attempt to demonstrate the 'unity' of the coalition after the Lib Dems' disastrous results in the local elections, Cameron and Clegg attended a series of events to launch their new plan 'Supporting Youth Employment'.

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4 May 2011

Fast news

Smoke and mirrors: City of London fat cats saw their 2010-11 bonus pot shrink 8%, compared to a year earlier, to 6.7 billion...

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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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6 April 2011

Ireland's economy on the brink

Within the first month of taking office, after 14 years in opposition, the shine has already come off Ireland's Fine Gael/Labour coalition government, writes Michael O'Brien, Socialist Party (CWI Ireland).

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Portugal Government falls amidst mass protests

Portugal Government falls amidst mass protests

30 March 2011

Portugal Government falls amidst mass protests

The collapse of the Portuguese 'Socialist Party' government of prime minister Jose Socrates came during a period of intense economic and social turmoil, writes Danny Byrne.

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Half-million strong TUC demo, central London, 26 March 2011, against the government's cuts, photo Senan

24 March 2011

Budget fuels determination to fight back!

The chancellor of the exchequer's budget speech yesterday came as no relief at all to the many millions of people who are struggling to make ends meet and who are reeling under the onslaught of the government's austerity measures

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Socialist Party members sell The Socialist, photo Paul Mattsson

Socialist Party members sell The Socialist, photo Paul Mattsson

23 March 2011

What has socialism got to do with fighting the cuts?

Each week members of the Socialist Party sell copies of the Socialist newspaper at workplaces, colleges, stations, town centres and working class estates all over England and Wales, as well as at protests and meetings...

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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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Hannah Sell, Socialist Party deputy general secretary, addressing sStudents protest outside parliament on Day X as tuition fees debated, photo Suzanne Beishon

Hannah Sell, Socialist Party deputy general secretary, addressing sStudents protest outside parliament on Day X as tuition fees debated, photo Suzanne Beishon

27 January 2011

Socialist Party's Hannah Sell on Jeremy Vine show

"Mervyn King says we'll all have to take a big pay cut if the economy is to recover. Are we all in it together?" Hannah Sell, Socialist Party deputy general secretary, argues that we are not in it together

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NUS student and UCU demonstration against cuts and tuition fees, photo Sarah Wrack

Student demo

23 November 2010

Just the beginning

When 50,000 students marched through London on November 10 both the police and student union leaders were shocked at the scale of the mobilisation.
This was, however, an indication of the depth of the anger at the Con-Dem coalition's savage cuts and a growing determination to fight back, writes Peter Taaffe, Socialist Party general secretary

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17 November 2010

Ireland: 'Not simply a crisis but an absolute disaster'

THE ECONOMY in the Irish Republic is teetering on the edge of bankruptcy and the government may be forced to go, cap in hand, to the European Union to obtain a bailout...

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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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