Britain: pensions, speculation, and the casino of capitalism
The recent market turmoil in Britain has revealed the immense level of speculation that takes place in every corner of capitalism. The bankers and billionaires are gambling with our futures. It is time to overthrow their bankrupt system.
Ukraine: is Russia losing the war?
If you were to believe Western media and the statements of officials on both sides of the Atlantic, you would get the impression that Ukraine is winning the war against Russia and that it is only a matter of time before Putin is overthrown by his own people. In order to understand what is really happening, first must tear through the fog of propaganda which surrounds this war.
Iran: repression provokes backlash and calls for a revolutionary general strike
As the nationwide protest movement in Iran enters its fourth week, the efforts of the regime to suppress it only appear to have had the effect of further agitating the masses and of drawing in new layers. The youth on the streets and in the university campuses have now been joined by thousands of school students and bazaar merchants, as well as important layers of the working class. Most importantly, a series of strikes have started in the oil and petrochemical sector, the heart of the Iranian economy.
‘Ireland: Republicanism and Revolution’ has arrived: get your copy today!
We are delighted to announce the arrival of Ireland: Republicanism and Revolution by Alan Woods, newly republished and available to purchase today from Wellred Books! This is an essential read for all revolutionaries eager to learn about how British imperialism can be buried in Ireland, its oldest colony.
Them and us: housing crisis for the billions – luxury mansions for the billionaires
Brenda West, a 69-year-old retired widow, lost her home in Myakka City, Florida, to Hurricane Ian. She cares full time for her daughter, who has multiple sclerosis. Now, if she wants somewhere to live long term, she will have to contend with soaring rents and unattainable mortgages: symptoms of the global cost-of-living crisis. After a short stay in a run-down Bradenton motel, Brenda says: “I don't know where I'm going. My resources [are] about to run out.”
European capitalism buckling under pressure of unprecedented crisis
The cost of energy has been soaring. There are very real worries amongst the representatives of the European ruling class that this could lead to deindustrialisation, unemployment and an almighty response from the working class. There is talk of a new winter of discontent.
[Audio] Mass protest in Iran: what way forward?
As we have recently reported, the Iranian masses are in the midst of a monumental struggle against the regime. In this podcast recorded by Fightback (Canadian section of the International Marxist Tendency), Hamid Alizadeh talks about the mass movement in Iran, what's necessary for it to win, and what we can learn from it internationally.
British capitalism’s demise and the tasks confronting us
The UK economy is crashing – the latest disaster in the long-running decline of British capitalism. At the same time, the class divide is widening, and industrial militancy is on the rise. We must prepare for revolutionary explosions.
Brazil elections: the first round warning and the fight to defeat Bolsonaro on 30 October
The first round of the Brazilian elections are over. Our priority and central struggle now is to help the working class defeat Bolsonaro at the polls on 30 October. For this, first of all, it is necessary to understand the real proportion of votes in the first round. The 57.2 million votes for Lula and the 51 million votes for Bolsonaro correspond to 48.4 percent and 43.2 percent of the so-called “valid votes”. However, when we consider the total of 156.4 million voters eligible to vote in Brazil, it is clear that Lula received a vote of 36.6 percent of them and Bolsonaro only 32.6 percent, that is, less than a third.
Child labour returns in the ‘advanced’ capitalist countries
Child labour – a horror described by Charles Dickens in Oliver Twist, which is still rampant in countries ravaged by imperialism to this day – is returning to the advanced capitalist countries, where it had been regarded as a scourge of the past. As capitalism continues to rot, it is taking the youngest all over the world with it.