'Socialism: Utopian and Scientific' should be read and studied by socialists, worker-activists and young people interested in socialist ideas, as it greatly adds to our understanding of the roots of socialism and the tasks the working class need to conquer to fundamentally change society. This short pamphlet by Friedrich...
"From time to time, each new era presents people, especially their young people, with new dilemmas and plots. Previous legacies are crumbling and boys and girls must invent their own way of being in the world.
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Patricio Rivas, Chile, a long September.
No-deal Brexit, establishment splits, threat of renewed downturn...
Trump’s tariffs raise international tensions and could derail global economic growth
The socialist answer to capitalist crisis
This week saw the 80th anniversary of the founding conference of the Fourth International, on 3 September, 1938. To mark this historic event, we republish below a brief 2013 introduction to an article by Peter Taaffe on the Fourth International and the founding document of the conference, known as the 'Transitional Programme'. This...
“How things have changed,” declared US-based scholar Minxin Pei. Pei was referring to the problems now confronting China’s strongman, Xi Jinping, who suddenly doesn’t look quite as strong any more. Pei is among a horde of overseas China watchers who have picked up on the same theme: signs that Xi’s seemingly impregnable hold on power...
Mariana Mazzucato’s new book is a detailed exposé of the parasitic character of modern capitalism, drawing on Karl Marx’s theory of the source of value creation. But understanding the law of value is only a first step to providing an alternative to a system that cannot overcome its inevitable tendency for periodic crises and which needs to...
G7 failure, penalty tariffs reflect capitalist world disorder
Much has changed in the half century since the revolutionary events of May 1968 in France. At that time there was still a 'cold war' between states with very different social systems - capitalism and private ownership of industry in the West and Stalinism in the...
All is not well with capitalism. Economic jitters parallel political volatility. Stock market highs in December turned to mass share sell-offs in February. Colossal personal and governmental debt stalks the system, limiting the capitalists’ room for manoeuvre. In reality, the global economy has not fully recovered from the 2007/08 crash.
Mikhail Gorbachev, the Soviet Union’s last leader, left a truly historical legacy. Aiming to reform bureaucratic rule he helped unleash forces that led to the complete collapse of Stalinism in Russia and eastern Europe. That then fed capitalist globalisation, opening up new markets and cheap labour – and a worldwide propaganda offensive...
