Economy
After the Two Sessions: Where is China Going?
China is facing serious economic problems.
Labour commits to Tory spending plans
Tories and Labour have moved into election mode.
What’s behind the recent bank collapses?
Silicon Valley, Signature, Credit Suisse, the first of many?
Resist Jeremy Hunt’s class war budget
Living standards will fall by 7% in the next two years.
Mini-budget: This was what Brexit was really about
By Peter Main At first sight, Kwasi Kwarteng’s “mini-budget” looks like nothing more than pandering to the Tory members who voted for Liz Truss. Anyone who seriously thinks that forcing part-time workers on Universal Credit to find a few more hours of work each week is going to have the slightest effect on the national […]
Economy: The worst is yet to come
Assumptions that damage to the UK economy was inevitable have now been backed up with concrete evidence.
As inflation bites: make the bosses pay
Prices rise at record rates.
What’s the Chinese for ‘Lehman Brothers’?
CHINA’S CONSTRUCTION industry, a key lever in Beijing’s entire economic policy, is facing a debt crisis of enormous proportions. Attention has focused on Evergrande, a development company, whose total debts are estimated at $310 billion and which failed to pay some $96 million interest on foreign bonds in September. Just three days before being declared […]
Workers Expected to Pay for Worst Economic Crisis since 2008
By Tim Nailsea BRITAIN’S ECONOMIC growth has almost stalled because of shortages of labour in parts of industry and of material inputs, due to disruptions in the supply chain, coupled with the effects of Brexit. GDP grew by 0.4% in August but is still 0.8% below where it was in February 2020, before the country […]
A living wage for all
By Jeremy Dewar Workers in Britain are being hit by a triple whammy this month: inflation heading towards 5%; a £20 cut to Universal Credit, hitting the unemployed and worst paid workers; and the ending of furlough for 1 million workers, throwing hundreds of thousands out the door. These are not ‘temporary blips’ that will […]
Furlough end threatens 1 million jobs
Mass unemployment and the scourge of long-term joblessness have returned.
Stop the third wave: no trade-off between lives and livelihoods
Coronavirus cases are surging once again.
Nothing surprising in Starmer’s response to the Spring Budget
Starmer opposes Corporation Tax increase.
The Corona Crash by Grace Blakeley
Andy Yorke reviews The Corona Crash: How the Pandemic will Change Capitalism by Grace Blakeley
The house always wins: What we can learn from the GameStop stock war
The war between Wall Street and Reddit shows you cannot defeat the capitalists at their own game.
Capitalism and the new mass extinction
Species extinction and the destruction of nature.
Health vs the economy: what’s the best way out of the pandemic?
For a zero-covid strategy.
The global crisis, the working class and the left
The global working class is threatened by the pandemic and economic crisis.
World economy facing recession
The latest figures are startling. The capitalist world economy is heading for a crisis. It has already broken out in the manufacturing sector
Global capitalism at a turning point
Our perspectives on the current global situation, League for the Fifth International Congress in Berlin, June 2019
V is for Value
If the process of production inevitably produces a bit of extra value, and that extra bit comes only from what the workers contribute, why should the profits go into the pockets of the business owners?
