Tag Archives: capitalism

Johnson praises the role of “capitalism and greed” in Covid response

By Daniel Waldron On the anniversary of the first lockdown in the UK, Boris Johnson proclaimed  to Tory backbenchers, “The reason we have the vaccine success is because of capitalism, because of greed, my friends.” The real result of the Tories’ callous, pro-capitalist policies during the Covid pandemic has been almost 130,000 lost lives, one of the highest per-capita death ...

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The End of Growth? The capitalist economy & ecological crisis

The question of economic growth and its relation to the climate crisis is a subject of increasing discussion. Conor Payne and Chris Stewart delve into this question and offer a Marxist view on this critical issue for the environmental movement. Many ecologists, activists and academics argue that an obsession with economic growth is the cause of our current ecological crisis ...

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Review: Seaspiracy directed by Ali Tabrizi

Seaspiracy, Netflix, 2021, Director: Ali Tabrizi Reviewed by Heather O’Callaghan  In a new Netflix documentary, Seaspiracy, the British filmmaker, Ali Tabrizi, tackles ocean pollution and sustainability and embarks on a worldwide voyage to answer questions of why sea pollution has gotten so bad and is seemingly getting worse. More importantly, he asks what we, the world’s population, can do to ...

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Review: The New Corporation — the Unfortunately Necessary Sequel

By Martin LeBrun (our sister organisation in Canada) The 2003 film The Corporation explored the question “if a corporation is a person, what kind of person is it?” The film’s answer, in one of the best documentaries condemning corporations and capitalism, was that corporations are psychopaths. Psychopathy manifests itself in superficial charm, a grandiose sense of self-worth, a manipulative personality, pathological lying, ...

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Sarah Everard – Never again: Fight for an end to gender-based violence

By Sue Berry and Danni Crowter (Socialist Alternative- our sister organisation in England, Wales and Scotland) The murder of Sarah Everard is a tragedy – for her family and friends, the local community, and for all who oppose oppression and violence. Socialist Alternative sends sympathies and solidarity to all who knew Sarah, and all who are reeling from the revelations ...

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The Davy scandal & the parasitic financial system

A new scandal has hit Ireland’s golden circle, this time involving the largest stockbroking firm in the state, Davy. The company has been fined €4.13 million by the Central Bank after it emerged that senior members of the company engaged in what amounts to insider trading.  This involves information being acquired via one’s position in a company to personally enrich ...

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Wall Street mayhem: GameStop & the short squeeze

By Bryce Callaway, Socialist Alternative (our sister organisation in the US) The ruling class and its corporate media have always tried to convince working people that if the stock market is doing well, so are you. The year 2020 starkly revealed, amongst many other issues about our society under capitalism, that this was a complete lie. While working people lost ...

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Stock market gambling & GameStop: The billionaires own the casino

By Conor Tormey The price of shares for GameStop went up 700% in the past week due to what people have called a “bloodbath” with small investors, organised through a subgroup on Reddit, going against a Wall Street hedge fund’s prediction that the GameStop stock would fall.  GameStop has had massive losses in the past few years with the rise ...

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Global economy: With capitalism in unprecedented crisis, socialism is the answer

By John Hird (Socialismo Revolucionario — our sister organsiation in Spanish State) The recent avalanche of articles reporting the pronouncements of the pillars of capitalist rule such as the IMF, World Bank and EU in the financial press regarding the economic and social consequences of the Covid-19 crisis, indicate we are at an important conjuncture. The extraordinary economic measures being ...

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Why the 1% are to blame for climate breakdown

By Sam Belton The word ‘crisis’ has by now become synonymous with the year 2020. It has been punctuated by highly broadcasted events such as the the US drone-killing of a top Iranian general, the apocalyptic Australian bushfires, the ongoing Covid-19 pandemic, intensified trade wars between the US and China, an unprecedented economic crash, and explosive uprisings against police brutality ...

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