Tag Archives: capitalism

Storm clouds gather for world economy

By Paul Murphy TD The longest ever rising stock market in history came to a dramatic end in December 2018. Share prices which had been rising since the lows of the crisis of 2008, buoyed by the cheap money made available by the Federal Reserve and Central Banks worldwide, dramatically plunged by 20% within a few days – going from ...

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The Chavista movement & the struggle for socialist change

Over the last number of days it has become clear that that the Trump regime and US imperialism are seeking to overthrow the Presidency of  Nicolás Maduro in Venezuela by recognising the President of the Venezuelan National Assembly, Juan Guaido. This is not the first time that US imperialism has sought to do this. We republish below an article by ...

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Mass general strike in India

Article by members of New Socialist Alternative, our sister organisation in India, about the 150 million strong general strike against the Modi government. India’s Working Class people have a tremendous history of showing their built-up anger and collective bargaining strength time and again through General Strikes. Since the arrival of the disastrous policies of neo-liberalism in 1991, the working class ...

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Nigeria- World’s poverty capital- Interview with Nigerian Socialist

Nigeria has been named as the world’s “poverty capital” in 2018. The country has over 80 million extremely poor. In February next year there are elections, in which for the first time, the Socialist Party of Nigeria will be standing candidates. We spoke to Dagga Tolar from Democratic Socialist Movement (our sister organisation in Nigeria). Also read a report on ...

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Review: Sorry To Bother You

By Rob Rooke, Socialist Alternative (sister organisation of the Socialist Party in the US) “This is Telemarketing – Stick to the Script!” is the message shot at Lakekeith Stanfield (Get Out, Atlanta) who plays Cassius Green in Boots’ Riley’s toboggan ride of a first movie. However, Sorry To Bother You does not stick to the typically sanctioned Hollywood script. Boots Riley, the ...

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US: White House document sparks debate about socialism

By Bryan Koulouris, Socialist Alternative (sister organisation of the Socialist Party in the US) “Coincident with the 200th anniversary of Karl Marx’s birth, socialism is making a comeback in American political discourse.” This is the opening sentence of an October 23, 2018 72-page paper produced by the “Council of Economic Advisors,” over forty professional economists working for Trump White House. ...

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Opposing racism and the far right

The election of Jair Bolsonaro in Brazil’s Presidential election is an important warning of the growth in support for the far right and right-populism across the world. His election by a 10% margin will mean the formation of the first far-right government in the country since the military junta ended in 1985. Kevin Henry looks at how the threat of ...

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November 1918: When workers revolution ended war

By Kevin Henry “The old lie: dulce et decorum est pro patria mori” – It is sweet and honourable to die for ones country. This is how Wilfred Owen summed up the attitude of a generation sent to war under the illusion that it would be a short and glorious conflict. Owen himself was one of the last killed in ...

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Project fear and Brexit: How should trade unions should respond?

By Kevin Henry The trade union movement, which claims 800,000 members north and south have a responsibility to oppose any aspect of a Brexit deal which is not in the interests of their members. For example, the Central Bank has warned of potential of 20,000 job losses in the South. In the North, various figures point toward a serious recession.  ...

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Review: Mistaken Identity – Race and Class in the Age of Trump

Mistaken Identity: Race and Class in the Age of Trump  By Asad Haider Published by Verso Books, 2018 Reviewed by Laura Fitzgerald …. when the liberal language of rights is used to defend a concrete identity group from injury, physical or verbal, that group ends up defined by its victimhood and individuals end up reduced to their victimized belonging. Asad ...

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