Capitalism

From beginning to end, 2021 was a year of perfect storm for world capitalism. This rotten and decadent system has rarely, if ever before, faced such deep simultaneous crises on so many fronts. It has never been more over-ripe for replacement, and the 2020s are only getting started

It’s very clear that the Biden administration is in crisis; the “honeymoon” is long gone and unfortunately the left in Congress has failed to put forward an independent working class position.

Since the restoration of capitalism and its rise to become the second largest economy in the world, China has become a major player in the global capitalist system Peter Chan, Socialist Action (Hong Kong) At a time when the United States and China ...

The question of economic growth and its relation to the climate crisis is a subject of increasing discussion. Here we offer a Marxist view on this critical issue for the environmental movement.

‘Monumental failure’, ‘Empty words, no action’ and ’Utter betrayal’ are just some of the words used to describe the outcome of COP26. To save the climate capitalism needs to be ended. ISA was in Glasgow to build an organisation capable of organising a change to a socialist world.

The vaccine should be free to all on the basis of need, risk of exposure, and risk of serious illness, not on ability to pay. Keishia Taylor, Socialist Party (ISA Ireland) Ten months after the novel coronavirus erupted around the world, after 58 ...

weak spots and vulnerabilities built into every joint in the capitalist system. Keely Mullen　Socialist Alternative (ISA-the US) Capitalism is set up like a house of cards. Disjointed supply chains, competition for component parts, research a...

Is the problem neoliberalism or capitalism? George Martin Fell Brown and Tony Gong, Socialist Alternative (ISA USA) The current economic crisis may have been triggered by the coronavirus pandemic, but its roots lie in a deeper crisis of capital...

The new blame game Bill Hopwood, Socialist Alternative (ISA Canada) Around the world, countries are lifting the restrictions that were introduced to contain the COVID-19 pandemic. People are being allowed to leave their homes, and workplaces, caf...

How was capitalism restored in China? This article was first published in 2015 in the Greek magazine Marxist Thought. It is now published in English for the first time. Vincent Kolo In March, China’s ornamental ‘parliament’ the National People’s C...