The capture and killing of Colonel Gaddafi has been described in detail by the mass media in all its gory details. With the death of Gaddafi and the taking of Sirte the National Transitional Council is talking about forming a transitional government. The NTC is recognised by the imperialist powers whose interests it represents. However, […]

Today (October 19th), the first day of the 48-hour general strike in Greece was sensational. Apart from the government and public utilities workers that participated in the strike massively, hundreds of thousands of workers from the private sector came out on strike for the first time, and also joining the millions of striking workers were […]

Earlier this month Wall Street was rocked by a mass demonstration of over 15,000 people protesting against “corporate greed.” The crowd jammed the square and stretched for blocks along Broadway. This unprecedented protest was a manifestation of the mood of anger, bitterness and frustration that has been accumulating for years in American society, which had […]

The world crisis of capitalism has entered a new stage. Rather than recover, several countries are showing features of a depression. This is an unprecedented situation and shows the deep malaise affecting the capitalist system, still reeling from the slump of 2008-9.

Europe is standing on the edge of a precipice. This is the judgement, not just of the Marxists, but of the most serious strategists of Capital. Barely six weeks have passed since the latest Greek rescue package, and it is already unravelling. There is now a general crisis of confidence in the ranks of the […]

The experience of economic planning in South Korea was broadly speaking, similar to that of Taiwan. What most characterises the Korean experience is the prominent role of the chaebols, the giant conglomerates, in developing the economy.

The crisis that has shaken the world economy since 2008 has pushed bourgeois ideologists to desperately seek a solution. They are looking for alternative ways of running their system, seeking to square the circle and maintain capitalism without its inevitable contradictions. As Asia, and China in particular, is doing so well, there is a burgeoning […]

Events are moving at lightening speed. Stock markets are in freefall around the world. Some days bring temporary relief only to be followed by greater convulsions. The whole situation is reminiscent of 2008, or more correctly the 1930s