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2 April 2008
Capitalism gambles with our lives
FSA Northern Rock report: WHEN NORTHERN Rock collapsed last year, the Financial Services Authority (FSA) set up an internal review of its regulation of the bank, writes Kevin Parslow.
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...
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...
30 January 2008
Debt and housing slowdown threaten Britain's time bomb economy
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Debt and housing time bomb, photo The Socialist |
29 January 2008
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
10 January 2008
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Make Socialism Our Future: ISR / CWI banner on the Anti-G8 demonstration in 2005, photo by Paul Mattsson |
29 November 2007
Northern Rock scandal: Nationalise the banks!
NORTHERN ROCK, the UK's fifth biggest mortgage lender, went into financial meltdown when it was forced to call on emergency funding from the Bank of England in September... By Elaine Brunskill, Newcastle Socialist Party
14 November 2007
World economy: Bosses' crisis, workers pay
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Bubbles: Socialism Today, May 2007, anticiapted the c rash. Cartoon by Suz |
4 October 2007
The governments's effective nationalisation of the deposits in the stricken Northern Rock bank and guarantee of deposits up to £35,000 in all banks, have not ended the financial turmoil... By Judy Beishon
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