Socialists argue that it is both possible and necessary to construct another kind of society, in which resources are shared equally, that is free of war and racism, and which is run on the basis of genuine democracy.
The crisis in the financial markets has sent bankers, media and politicians into panic. Many of them have compared the current problems to the economic crash of 1929, which heralded the Great Depression of the 1930s.
The Wall Street Crash of 29 October 1929 has entered the popular imagination as the key example of a crisis in the financial system.
Peterborough has one of the fastest economic growth rates of any city in Britain, and for decades that growth has in part been based on the sweat of immigrant labour.
There is a recurring theme in the media’s discussion of racism – that white working class people are more racist than other sections of society. The reality is that racism comes from the top of society and is deliberately propagated by the ruling class.
Colombia’s government is not just a vicious regime that targets trade unionists and civil activists. It is also George Bush’s key ally in Latin America and on the front line of his intervention in that region.
The Welsh TUC last week called on Gordon Brown’s government to halt military aid to Colombia. It joined a chorus of condemnation of Kim Howells MP, the foreign office minister and Pontypridd MP, who was pictured sharing a joke with General Mario Montoya, head of the Colombian army.
On 12 February a brown envelope was left outside the home of Coca-Cola worker José Domingo Flórez. The note inside was from the Black Eagles, a right wing paramilitary death squad.
Four trade union leaders were assassinated in the week following the 6 March day of protests against paramilitaries and state crime. These protests took place across Colombia and in many parts of the world.
Women in Britain have made great gains since the days of the Women’s Liberation Movement. We are now a permanent part of the workforce and have a degree of economic independence previously denied to us.
How big a mess is capitalism in? In February when New York economist Nouriel Roubini suggested $1,000-2,000 billion in losses in the financial sector alone, mainstream commentators thought he was mad.
Financial markets across the world plummeted early this week as traders reacted with panic to the news of the collapse of Bear Stearns, one of the US’s oldest and most prestigious investment banks.
