economic crisis
International
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...
China
China: The Deepest Crisis for 30 Years
This is an abridged version of an article from the upcoming issue (number 8) of Socialist World, the political and theoretical journal of International Socialist Alternative.
Vincent Kolo, chinaworker.info
A succession of economic and political dis...
International
Oil prices collapse
The spectre of deflation
Tony Wilsdon, Socialist Alternative (ISA USA)
The collapse in oil prices in the second quarter of 2020 will be a further accelerator of the deepening world economic depression.
The New York Times writes: “Just a few month...
International
EU in crisis and COVID-19
The €540 billion fund is not the ‘game changer’ that the headlines suggested
Finghín Kelly, Socialist Party (ISA Ireland)
Last week saw a major clash between eurozone finance ministers with a 16 meeting ending in a deadlock before a face-saving m...
Latest News
Hiroshima G7 ramps up US-China Cold War
The Group of Seven (G7) major Western capitalist economies met in Japan on 19-21 May
As expected these governments used this opportunity to ramp u...
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