July 6, 2025
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    Capitalism

    Economy: SVB collapse detonates financial crisis

    US banking crisis spreading to Europe Tom Crean (Originally published 16 March) The collapse of the Silicon Valley Bank last week has opened up a significant financial crisis for U.S. capitalism which now appears to be spreading to Europe. It is t...

    ISA 13th World Congress: Preparing for new twists and turns in the ‘age of disorder’

    Report from International Socialist Alternative’s World Congress Danny Byrne, ISA International Executive (This article was first published on 15 February 2023) Between 30 January and 5 February, over 100 delegates and visitors participated in Intern...

    2023 World Perspectives(2): How the Multi-Faceted Global Crisis Affects Different Regions

    Duing the World Congress of ISA held from 30 January to 5 February delegates and visitors held intense discussions on ‘World Perspectives’. As a consequence, the document “Epoch of multiple crises -we have a world to win” was passed. We publish here Part 2 — dealing with the various regions of the world.

    2023 World Perspectives(1): Epoch of Multiple Crises — We Have a World to Win!

    During the World Congress of ISA held from 30 January to 5 February delegates and visitors held intense discussions on ‘World Perspectives’. As a consequence, the document “Epoch of multiple crises — we have a world to win” was passed. We publish her...

    Potential for explosive struggle as British capitalism braces for recession

    Sunak’s claim to be a safe pair of hands in the current economic crisis will fall apart under the impact of a prolonged downturn. This will in turn exacerbate the splits in the Tory Party making this a government of permanent crisis. Editorial of So...

    Climate change: Imperialism and hypocrisy

    Ray Goerke, Socialist Alternative (ISA in Canada) (This article was first published on 4 November 2022) It seems that no matter the scale of the social crisis, there is always money for war. Less than a year after COP26, the Trudeau government is b...

    ISA World Cadre School 2022: Mass revolts against morbid capitalism

    ISA cadre school discusses world events Per Ake Westerlund, ISA (This article was first published on 28 July 2022) The world is experiencing turbulent events, coming at break kneck speed — economic and political crises, wars and mass uprisings. T...

    Review of 2021: Age of disorder, Year 2

    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

    United States: Biden presidency in crisis

    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.

    Is China Imperialist?

    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 ...

    Latest News

    After Trump’s bombs — No peace and stability in Middle East

    The International Committee of ISA met on Thursday 26 June. The main discussion was on World Perspectives with focus on the Middle East. The text belo...

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