How the Pandemic Revealed the Real Health of Nations

As we noted in our last issue, a pandemic is as good as any event to demonstrate the efficacy, or not, of a social system. This one has generally found the capitalist mode of production wanting. By now most people will have forgotten the early failures. The Chinese Communist Party’s initial attempts to cover up what was happening in Wuhan were only matched by the refusal of world leaders...

The End of Bretton Woods: A Contemporary Analysis

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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 it is an analysis made long before the ICT came into existence and at the very time when the Nixon administration was tearing up the fundamental basis of the USA’s own post-war settlement – the link of the dollar...

Iran: Oil Workers Reject Trade Unions

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In the capitalist world, whatever the subject, it naturally only hits the headlines if the rulers of all factions are in control of it. If the news is about a war, climate change, economic downturn, regime change, elections, protests, immigration, in fact any issue where the working class as a class is absent, so it can be manipulated in a way that suits the ruling class, then not only is it...

Save the Planet - Destroy Capitalism!

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In July hundreds of lives were lost in heat domes over western Canada and the US, and floods in Germany and China. Wildfires raged out of control from California to Greece, Turkey and Siberia. These disasters are clearly the result of global warming disrupting weather patterns. If emissions of greenhouse gases continue on the present path, these events will seem like a vicar’s tea party in...

Only the World's Workers Can Save Us from a Capitalist Cataclysm

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(Editorial for Revolutionary Perspectives 18 ( (Series 4).) · Capitalism has brought the world to the edge of an abyss. Hundreds of millions, if not billions had already fallen into it, even before Covid-19 appeared. Despite the “boosterism” of the British bourgeoisie, the vaccines have not brought the pandemic under control even in the richest countries in the world (and less than one in six of...

Police Powers Bill: Preparing for Class War

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The Police, Crime Sentencing and Courts Bill has given rise to a wave of ‘Kill the Bill’ protests and demonstrations across the country, and has been criticised for the wider powers it gives to the state in general and more specifically to the police. · The bill extends existing police powers to curb demonstrations including static assemblies.

Afghanistan: The USA and its Allies Retreat

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It is almost twenty years since George W. Bush announced the invasion of Afghanistan on 7 October 2001, after the Taliban refused to hand over Osama Bin Laden, architect of the 9/11 attacks on the USA. His “address to the nation” finished with the following words: · "The battle is now joined on many fronts. We will not waver; we will not tire; we will not falter; and we will not fail.

"Let the Bodies Pile Up in their Thousands"

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Coronavirus stems from capitalism's destruction of the environment in its drive for profit. For our rulers, profits are more important than tens of thousands of deaths, as our Prime Minister has explained. · On “Freedom Day,” 19 July, our rulers allowed the total opening of the country. All businesses back to pre-pandemic, no face masks, no social distancing, etc.

Iran: On Oil and Troubled Water

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As we write, comrades are translating the bulletins emerging from the struggles of the oil workers’ strike committee in Iran which have now been ongoing for two months. They can be found on our website (and we publish Statement No. 12 below). The oil workers are not alone. Dozens of protests and demonstrations are taking place daily involving medical students in Kermanshah, fire department...

End of Lockdown, No End to Workers Paying for It

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Before the pandemic struck the global economy was on the brink of a fresh crisis. Massive speculation, debt and bankruptcies indicated what was coming. The Covid pandemic has provided a convenient scapegoat for the failings of capitalism itself. Everywhere states have injected trillions into their economies to prevent a complete economic collapse.

South African Riots: The Social Crisis Erupts

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In mid-July the social crisis in South Africa (SA) exploded in a week of rioting, looting and arson which swept across the provinces of KwaZulu-Natal and Gauteng. By the end of the month over 330 people had been killed and a trail of destruction left across the major cities and shopping centres. An indication of the scale of destruction is indicated by the list of shops, warehouses and cash...

1971-2021: 50 Years Since the USA Reneged on Bretton Woods

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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 system (mode of production) which was once progressive for humanity, in that it created the material possibility of a prosperous world community without national borders or class divisions, has represented a...

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