Tag Archives: capitalism

2020s- New decade of explosions and struggles awaits

By Cillian Gillespie The opening days of 2020 saw news reports dominated by the horrific images and footage of bushfires in Australia and the potential for a new war against Iran. This new year and decade we have entered promises a continuation of the international turmoil, crises and instability, resulting in further hardship and misery for the majority of our ...

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Shortages and expensive prices. Medicines and vaccines: the market makes us sick!

This article by a trade union shop-steward in a major pharmaceutical company was first published in Lutte Socialiste/De Linkse Socialist, monthly paper of PSL/LSP – our sister organisation in Belgium. In recent weeks, a number of scandals connected to the pharmaceutical sector have broken out. Firstly, over the very high treatment costs for a sick baby, in response to which ...

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Review: People’s Republic of Walmart

People’s Republic of Walmart: How the World’s Biggest Corporations Are Laying the Foundation for Socialism By Leigh Phillips and Michal Rozworski Verso Books, 2019 Among the most common arguments conservatives hurl at socialism is that planned economies always fail. Typically capitalists argue that, despite the flaws of the free market, it’s far better than any other system that has existed ...

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Capitalist rivalry, trade wars & Globalisation Today

The last year-and-a-half has seen a steady escalation of a trade war between the world’s two major capitalist powers, the United States and China. This dispute takes place against the background of the world economy undergoing a period of what has been described as “slowbalisation” and a reversal of the process of globalisation, writes Cillian Gillespie. In May of this ...

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“Chile despertó”! Chile wakes up in mass protest

Just weeks ago, right-wing President Piñera was declaring in the media that Chile was an oasis in Latin America and the IMF was praising its merits. But when he announced a 30 pesos (about 5 euro cents) increase in the fee for a metro ticket, thousands of young people from secondary schools organised massive protests. The youth ‘invaded’ the metro ...

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Capitalism – This broken system can’t be “reset” 

  By Daniel Waldron  “We need a dynamic capitalist economy that gives everybody a justified belief that they can share in the benefits. What we increasingly seem to have instead is an unstable rentier capitalism, weakened competition, feeble productivity growth, high inequality and, not coincidentally, an increasingly degraded democracy. Fixing this is a challenge for us all, but especially for ...

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The Green New Deal & Climate Change – Why capitalism must go

The 2018/2019 school year marked the start of a global youth-led movement against climate change. Governments were pushed to declare climate emergencies and to propose action against the crisis. In this article, Myriam Poizat looks at the Green New Deal, a resolution put forward by Alexandria Ocasio-Cortez (AOC), left-wing congresswoman in the US, and how such a reform could be ...

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Review: The Socialist Manifesto

Published by: Verso Books, 2019 In this year’s State of the Union address, Donald Trump stated that “America will never be a socialist country.” More recently, he declared that he will be running in 2020 to fight a “socialist takeover.” Why, all of a sudden, do we have this anti-socialist rhetoric? Because socialist ideas are making a comeback! A recent ...

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Amazon Forest- Burning the Future

By James McCabe  “At first I thought I was fighting to save the rubber trees. Then I thought I was fighting to save the Amazon rainforest. Now I realise I am fighting for humanity.” Brazilian trade union leader and environmentalist, Chico Mendes who was assassinated by a cattle rancher in 1988. A planetary problem The words of Chico Mendes ring ...

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20Q: How to Rescue the Climate from Capitalism?

By Sonja Grusch, CWI Austria  The 1.8 million strong global youth strike on the 15th of March made it clear: the threatening climate catastrophe is having a politicizing effect around the globe. The ongoing destruction of our natural world in all its aspects cannot be ignored any longer: there is no part of earth, no sphere of nature that is ...

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