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Tag Archives: capitalism

White House shakedown: Capitalism’s brutal reality… and our tasks

Editorial of the Socialist issue 1312 Under Donald Trump’s brutish ‘America First’ presidency, US imperialism’s ruthless determination to defend its own interests is no longer disguised by diplomatic fig leaves. Instead, naked self-interest is the order of the day. That was demonstrated to the world at the jaw-dropping Oval Office press conference where Trump and vice-president JD Vance gave Ukrainian president ...

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Capitalist society convulsed and in turmoil: new challenges and tasks for Marxists and the working class

International Executive Committee of the CWI Capitalist society is convulsed and in turmoil. Marxists and the working class face one of the most challenging periods in history. It is essential that we analyse the processes unfolding and face up to the theoretical and programmatic challenges posed, along with the active intervention in the class struggle necessary to build a mass ...

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Truss’s measures escalate British capitalism’s chronic crisis

Editorial in the Socialist issue 1197 Faced with the chronically sick, deteriorating British economy, the Tories in government have swung from one path of crisis to another. Having failed over and over again to come up with policies that could improve the health of the capitalist system they represent, today they can barely think ahead beyond their chance of winning ...

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Worldwide capitalist crisis deepens – step up the fight for socialism

By Hannah Sell, Socialist Party General Secretary A decade ago, following the worldwide financial crash, a Financial Times editorial congratulated capitalism on a bit of luck that “the left” was “missing in action in what should have been its finest hour. In the deepest global downturn since the second world war, no blueprint for a fundamentally different method of organising ...

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A World In Crisis – Analysis of the new crisis of capitalism

Statement by the International Secretariat of the Committee for a Workers’ International The words of W.B Yeats, from his poem ‘Easter 1916’, sum up the current world situation: “All changed, changed utterly.” 2020 is the opening of a new era, as we have explained in the previous CWI analysis. Fundamental changes are taking place in the world economy, geo-political relations, ...

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Coronavirus – Crisis intensifies as class antagonisms deepen

Statement from the International Secretariat of the Committee For A Workers International On the other side of the coronavirus pandemic crisis, things will never be the same again. This will be similar to the situation after the two world wars of the twentieth century. The general situation has already unmistakably “changed, changed utterly!” Moreover, it is the rapid speed of ...

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10 years since the financial crash and the ‘lost decade’ of capitalism

By Steve Score (Socialist Party National Committee) On 15 September this year, a posh get together takes place at a secret venue in London. At it, top bankers who were part of Lehman Brothers – once the fourth largest investment bank in the world – celebrate the tenth anniversary of its 2008 collapse with “cocktails and canapes”. Its demise was ...

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Germany: 76,000 protest against G20 summit

Police intimidation could not deter mass protests of 76,000 taking to the streets of Hamburg last Saturday, July 8, loudly protesting the G20 summit held in the city. A massive and colourful demonstration thronged through the streets in a kilometre-long procession called by a broad left alliance that included the Left Party (DIE LINKE), attac, organisations representing migrant communities, Youth ...

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