Climate change: What’s socialism got to do with it?

This article was originally written for socialistworld.net, the website of the Committee for a Workers’ International. Recent images of the Amazon rainforest ablaze highlighted the scale of change currently underway. At the height of the fires, an area the size of a football pitch was destroyed every minute. Greenland’s ice sheet alone has lost threeContinue reading “Climate change: What’s socialism got to do with it?”

South Korea and Japan trade dispute threatens ‘alliance’

This article was originally written for socialistworld.net, the website of the Committee for a Workers’ International. On 22nd August South Korea gave Japan notice that it would not be extending the General Security of Military Information Agreement (GSOMIA). The 2016 agreement allowed for the direct sharing of military intelligence between Japan, the Republic of KoreaContinue reading “South Korea and Japan trade dispute threatens ‘alliance’”

Violence against women in South Africa: How should organised workers respond?

This article was originally written for socialistworld.net, the website of the Committee for a Workers’ International, by the Marxist Workers Party, the South African branch of the CWI. The rape and murder of Cape Town student Uyinene Mrwetyana was the final spark that lit a new wave of protests demanding an end to violence against women.Continue reading “Violence against women in South Africa: How should organised workers respond?”

What lies behind the US-China trade war?

This article was originally written for socialistworld.net, the website of the Committee for a Workers’ International. Last week, US President Donald Trump announced that under the rarely invoked International Emergency Economic Powers Act, the Chinese telecoms giant Huawei and seventy of its affiliated companies are set to be added to the ‘Entity List’. This effectivelyContinue reading “What lies behind the US-China trade war?”

New recession fear stalks the world economy

This article was originally written for socialistworld.net, the website of the Committee for a Workers’ International. 2018 marked ten years since the collapse of Lehman Brothers bank which plunged the world economy into the deepest economic recession since the 1930s. The financial virus spread quickly, causing production and trade to seize up. Only swift coordinatedContinue reading “New recession fear stalks the world economy”

10 years since the financial crash

This article was originally written for socialistworld.net, the website of the Committee for a Workers’ International. The socialist answer to capitalist crisis   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 largestContinue reading “10 years since the financial crash”

World Economy: ‘Biggest danger to capitalism is capitalism’

This article was originally written for socialistworld.net, the website of the Committee for a Workers’ International. Steel plant to close after a century of production, raw material prices collapsing, China’s economy slowing, the ongoing euro crisis… Eight years on from the crash that led to the great recession, the global monetary system remains unreformed andContinue reading “World Economy: ‘Biggest danger to capitalism is capitalism’”

Economy: What low oil prices cost the world economy

This article was originally written for socialistworld.net, the website of the Committee for a Workers’ International. The sudden plunge of oil and gas prices has underlined the volatility in the world capitalist economy The shale oil revolution in the US and Canada has produced a world oil glut – and a slump in investment inContinue reading “Economy: What low oil prices cost the world economy”

UN: Arms Trade Treaty negotiations expose hypocrisy of industry

This article was originally written for socialistworld.net, the website of the Committee for a Workers’ International. After a month of negotiations on an Arms Trade Treaty at the United Nations in New York, the discussions came to an ignominious end last Friday when, first the United States and then Russia and China, pulled the plugContinue reading “UN: Arms Trade Treaty negotiations expose hypocrisy of industry”

World economy: £13 trillion hidden from tax by super-rich

This article was originally written for socialistworld.net, the website of the Committee for a Workers’ International. Take the wealth off the 1%! A sum of money the size of the US and Japanese Gross Domestic Product (GDP) together is being held in offshore tax havens. This enormous hoard could immediately pay off most of theContinue reading “World economy: £13 trillion hidden from tax by super-rich”