Socialist Worker

Economics


Hong Kong protests - lighting the fuse?

07 October 2014
The movement in Hong Kong has the potential to light the tinder box in China. Sally Kincaid looks at its relationship to mainland China and what this crisis could mean for its rulers

Corporate inversions are a whopper of a tax wheeze that's totally bananas

23 September 2014
Why has Burger King turned Canadian and Ireland become the world's biggest banana producer?

Scotland's currency row masks ruling class fears of independence

12 August 2014
The British ruling class are trying to scare voters away from a yes vote by raising questions over a future Scottish currency.

As the rich enjoy housing bubble, the poor see no recovery

08 July 2014
Firms aren’t investing because they don’t expect a big enough profit to make it worthwhile. So they’re relying on lower wages and a property boom instead, writes Alex Callinicos.

Why Karl Marx remains relevant - Deciphering Capital by Alex Callinicos

08 July 2014
Alex Callinicos’s new book Deciphering Capital argues that Karl Marx’s main work is still vital to understand how to change the world, writes Mark L Thomas

FT's attack on Piketty is not about numbers

03 June 2014
The fact that Thomas Piketty has been able to brush off Chris Giles’s demolition job in the FT so easily is a sign that, thanks to the crisis, a lot of people also believe that rising inequality doesn’t arise from bad policies but from the structural logic of capitalism as a system, argues Alex Callinicos

Far right feeds from eurozone depression

20 May 2014
Alex Callinicos considers how the recovery of the eurozone is not quite the success our complacent rulers believe

Recovery for the rich as Tories play up economy

06 May 2014
Economic output is growing, however slowly. Here Dave Sewell looks at the reality of the recovery in different sectors and what it means for workers

Claims of economic recovery and China's growth don't live up to hype

06 May 2014
Much recent economic news around the world is best described as smoke and mirrors. It’s true that there is some real evidence that advanced economies are starting to recover from the Great Recession of 2008-09. 

Greek left meeting on economic crisis

25 March 2014
Antarsya uk was set to host an open meeting on crisis and the European Union this Saturday.

Home Truths: Housing and how the stinking rich drive us out of the city

25 March 2014
Geographer Danny Dorling spoke to Dave Sewell about his new book All That is Solid: The Great Housing Disaster, and how government housing policy is creating problems, not solving them. Dorling argues for the return of council housing and the abolition of the bedroom tax

Tory recovery hopes sink in the flood fury

18 February 2014
The storms that have battered Britain this winter have exposed the government’s complacency in the face of climate change.

Recovery runs into a new currency crash

28 January 2014
The corporate rich, along with their celebrity hangers-on and intellectual apologists, had their annual bash at Davos in Switzerland last week. They should have been starting to feel happier.

Dodgy labels like 'Mints' can't disguise inequality

14 January 2014
Alex Callinicos looks at former Goldman Sachs economist Jim O’Neill's latest neoliberal musings

Tory recovery is another debt boom

03 December 2013
George Osborne's Autumn Statement on Thursday of this week is no doubt set to continue the tactical adjustments that a coalition that is fundamentally on the defensive has been pursuing.

Will China abandon its state capitalism?

12 November 2013
The paralysis in Washington is turning more eyes towards Beijing. Often this reflects quite exaggerated expectations about China’s emergence as a new superpower on the verge of displacing the United States. 

What George Osborne's visit to China tells us about Britain's economy

22 October 2013
The British business delegation to China headed by George Osborne and Boris Johnson was more interesting than these things usually are. Chinese people still have bitter memories of imperial arrogance during the colonial era. So, if they noticed the visit at all, they must have been amused by Britain hustling for Chinese custom.

Capitalism is still a badly wounded beast

15 October 2013
While expressing greater optimism about British prospects, the IMF cut its forecasts for global economic growth this year and next. This isn’t primarily because of the uncertainty caused by the standoff between Barack Obama and the Republicans in Congress in the United States, writes Alex Callinicos

US budget crisis can lead to a new slump

08 October 2013
Once again the United States is shutting down government services because of a confrontation between president Barack Obama and the Republicans in Congress.

Recovery plan ties Labour to more cuts

24 September 2013
The party conference season often means political themes come in waves. The political consensus previously foresaw a bleak election, dominated by the need for £40 billion of post-election cuts or tax rises to correct Britain’s deficit.

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