Economy

Guizhou province’s distress signal opens new front in country’s debt meltdown Editorial, issue 70 of Socialist magazine (ISA's magazine in China) China’s economy suffered a disastrous 2022. Xi Jinping, months into his unprecedented third term as ...

Xi’s totalitarian rule is steering China towards revolutionary upheavals Editorial from Socialist (社會主義者) magazine, published by International Socialist Alternative in China, Hong Kong and Taiwan The Chinese regime (CCP) is holding its 20th Congress ...

Socialists should be friendly and understanding of MMT’s appeal, but firm in pointing out its weakness as a bourgeois theory which does not recognize the limitations of the capitalist system itself.

For socialists, taxing private wealth is not enough, the key question is the ownership of wealth. To take real power over the economy, the nationalisation of big business is necessary, under democratic control by workers and poor, and in real international cooperation.

Memes and jokes have dominated social media using the image of the ship and the tiny digger — a metaphor for capitalism, lacking any genuine solutions to the ever widening range of crises it has created.

A “Strategic partnership” deal was signed between China and Iran at the end of March. It marks a further move in the increasing tensions between Chinese and US imperialism.

Here we publish the text of a document on World Perspectives discussed, amended and approved by ISA’s International Committee during a meeting from 23–26 February 2021 InternationalSocialist.net Introduction Almost four months have passed sinc...

The Australian ruling class have no solution to the problem they face. If they cut out China, they face the loss of their most important trading partner. If they engage with China, they weaken the imperialist goals of the US, and strengthen those of ...

The SNP’s commanding lead in the polls however does not reflect any real ability to do what it takes to win independence in the face of Tory obduracy, or to deliver on the issues which Scottish workers look to independence to resolve. Paul Moorhou...

Defence of democratic socialist planning a fundamental task for successful social transformation Peter Delsing, LSP/PSL (ISA in Belgium) This article is based on an introductory speech given to a commission on ‘Marxist economics — How would a pla...