The Chinese real estate market (officially strictly "socialist"!)(1) has been showing signs of crisis ever since the China Evergrande Group failed to pay interest on an offshore bond and…
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The article below is a translation of a piece first published in Italian by the Internationalist Communist Party (PCInt) in their journal Prometeo, 16/17 (Third Series), in 1971. As such…
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For the CWO, and indeed the entire political tendency to which we belong, it is axiomatic that we are living through capitalism’s third global economic crisis. For over a century the economic…
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The realities of life under Covid-19 lockdown, whatever the specifics, are strange. Over the last two months or so, many of us will have seen empty shelves in supermarkets where once-familiar…
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International Workers’ Memorial Day is observed every year on 28th April in countries on every continent, to commemorate workers killed and injured through their work. This year, as many countries…
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New year, old music, from a well-known score sheet played out by... the Left. A "Left" that’s not ashamed to dress itself up in populist clothes, worn in the service of state capital on…
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The real problem is capitalism
The collapse of Carillion is another symptom of capitalism’s general crisis of profitability. The company, which was the second largest…
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On 11 October demonstrations organised by NGOs and charities like 38 Degrees, the World Development Movement and War on Want took place throughout Europe (in Hamburg, London, Ljubljana, Berlin,…