Capitalist Financial Crisis: The Worst is Still to Come

When we last went to press, the global fall-out from what began as a crisis of mortgage defaults in the US had begun to reach dramatic proportions. Faced with the possibility of leading banks and financial houses being unable to honour their immediate “obligations” the US Federal Reserve and the European Central Bank injected liquidity into their financial systems to the tune of $64bn (between...

Ninety Years On: The Lessons of the Russian Revolution for Today

(This article is based on the introductory talk given at the CWO Public Meeting in London on November 10th 2007) · "If the Russian Revolution were overthrown by violence on the part of the bourgeois counterrevolution, it would rise again like a phoenix; if, however, it lost its socialist character and by this disappointed the working masses, this blow would have ten times more terrible...

Letters - The NHS is like a battlefield...

Regions: 

The NHS is like a battlefield, the fighting and war being waged between the managers, who are wanting more and more for less and less on one hand, and the workers, nurses, on the other. Although there are other workers in the hospital, its the nurses that run things on a day to day basis on the wards.

A Worker Informs Us of a Spontaneous Strike at FIAT

Regions: 

The following letter was received by our comrades in Italy and printed in Battaglia Comunista 10. It deals with a small but significant episode of class struggle in which the workers for once broke out of the union cage, and were thus able to put the defence of their own interests first. Their anger had built up in the long period in which they had to put up with vicious attacks on their wages...

Iraq - US Imperialism in Disarray

Regions: 
Facts: 

"Web special" article for RP 44 · For the US ruling class Iraq has become a quagmire in which it remains firmly stuck. On the one hand it must find a way out of the Mesopotamian quicksands, but on the other any exit must not undermine its position and its strategy in the Middle East as a whole. During the last year the impossibility of achieving both these goals has become increasingly apparent.

1905-2005: A Century of the IWW

("Web special" article for RP44 – Originally published in Prometeo 12 (2005)) · This year is the centenary of the historic American union, the Industrial Workers of the World (IWW). We can do a re-run of their history through the biography of one of their founders: William “Big Bill” Haywood (1869-1928).

The Sub-prime Crisis Shakes the World Economy

Publications: 

An August Bank Holiday Explosion on the Stock Exchange but Its Nothing to do with the Weather - From Battaglia Comunista 9, 2007 · Last month’s crisis shook the stock exchanges and the whole world financial system, though according to international monetary authorities, governments, and the majority of economic analysts, the crisis should be over in a few months without too many hold-ups.

Conditions and Workers’ Struggles in the World

Regions: 
Publications: 

Egypt · The powerful struggle that the Egyptian proletariat is waging shows yet again how the conditions of life for workers are ever more unsustainable. · The situation in Egypt has been aggravated by the policy of privatisation of public services and has revealed once again how the union organisations openly side with the bosses.

October Revolution - Ninety Years On

Publications: 

Is the October Proletarian Revolution Relevant Today? · (We are marking the passing of the Ninetieth Anniversary of the October Revolution with a common statement in its defense. The question of war or revolution is today as urgent as it is relevant. The UK spellings of the original document have been retained.

Housing and Market Turmoil in the US

Publications: 

The Limits of the Paper Economy · The turmoil in equity markets and sub-prime mortgage lending that broke out this last August in the US shows a deeply imbalanced capitalist system that lurches from panic to boom and back again. The crisis in mortgage lending and equity markets stands revealed in its voracious need to cannibalize itself.

UAW Road to Hell is Paved with Big Concessions

Publications: 

The Big Three & UAW Usher in a New Round of Attacks on Autoworkers · General Motors and the UAW ushered in a new round of attacks on autoworkers by hammering out a new contract while allowing a token strike to be held by some 72,000 GM workers nationwide. The strike itself forced GM plants in Canada and Mexico to halt production.

Patch and Pray - Minnesota I-35 Bridge Disaster

Publications: 

Flawed from the Start and Neglected for Forty Years · The collapse of the Interstate Highway 35 Bridge in Minneapolis, that spans the Mississippi river, left some 13 people dead and seventy injured. The disaster made the news for a time, long enough for the capitalist media to capture a human-interest story and compete for advertising dollars.

Pages

Recent posts

Type Title User Repliessort descending Date
Article Sui fatti del 14 novembre a Roma webmaster Fri, 2012-11-23 14:50
Article États-Unis : "Striketober", vague de grève inédite Dyjbas (editor) Thu, 2021-11-25 11:07
2010-05-05-greece-28 mic (editor) Thu, 2010-05-13 10:12
Article Introduzione webmaster Mon, 2000-05-01 14:00
2010-12-14-roma-12 webmaster Sun, 2011-01-09 18:07
Advert London Public Meeting Dyjbas (editor) Sat, 2021-08-28 23:23
Article Quarant'anni di esperienze dix Sun, 2009-09-20 16:09
Publication Battaglia Comunista #06 webmaster Sat, 2002-06-01 12:00
Article Lo stato di transizione dal capitalismo al comunismo webmaster Fri, 1999-01-01 12:00
Article On the Events in France webmaster Wed, 1902-01-01 12:00

Contact us

  • uk@leftcom.org (UK)
  • it@leftcom.org (Italia)
  • de@leftcom.org (Deutschland)
  • us@leftcom.org (US)
  • ca@leftcom.org (Canada)
  • fr@leftcom.org (France)
  • info@leftcom.org
  • Subscribe to Front page feed