05 April 2016
The Tata steel workers threaten to be the latest case in which the brutal logic of capital destroys industries and working class communities. We’ve seen it again and again in the past 35 years—the miners under Margaret Thatcher and John Major, and the Luton and Longbridge car workers under Tony Blair and Gordon Brown.
18 March 2016
Cuts to taxes on corporate profits are being paid for by taking money from ordinary people
16 March 2016
Chancellor George Osborne has unveiled a tax giveaway for the rich, more cuts for the poor, and an admission that his economic strategy is in trouble.
01 March 2016
Dave Sewell looks at alternatives to the policy of cuts, and asks whether Labour’s plans go far enough
26 January 2016
Since the start of the year the stock markets have been going crazy. At one point global share prices were 20 percent below the high they reached last year. Some £2.8 trillion was wiped off shares.
15 January 2016
Across the world stock markets and commodity prices are tumbling. Those in the ruling class who gloated about “recovery” last year now warn that the global economy could crash again. Some blame it on oil prices, others on China’s slump – Socialist Worker sorts the fact from the fantasy
13 January 2016
British manufacturing is in recession, undermining chancellor George Osborne’s forecasts of steady economic growth.
05 January 2016
The New Year began with a new shock to global stock markets. For the first time ever, all of China’s main stock exchanges had to use emergency measures to halt trading after shares plummeted on Monday of this week.
15 December 2015
Simon Basketter looks behind the spin of the giant online retailer to examine how it expands by exploiting workers—and what really drives it
20 October 2015
George Osborne and John McDonnell have different strategies for eliminating the deficit. But Nick Clark argues for a bolder approach
08 September 2015
It's been a dramatic summer—Greece, the European refugee crisis, Jeremy Corbyn. But the big story for the world economy has been the collapse of the Chinese stock market. Since peaking in June, falling share prices have wiped £3 trillion off its value.
25 August 2015
The panic that spread through financial markets at the start of this week exposed the volatility of the system (see page 3). For all the talk of “recovery” capitalism is fragile.
25 August 2015
Global financial markets were in turmoil this week after China’s stock market suffered its biggest one-day plunge since 2007. The crisis has been dubbed “Black Monday”.
04 August 2015
Journalist Paul Mason's new book claims that a “post-capitalist” world can emerge without the need for a workers’ revolution—but his arguments don’t stack up, argues Dave Sewell
15 July 2015
Sally Kincaid looks at the causes of China’s stock market crash and how it terrifies the country’s workers and rulers for different reasons
02 June 2015
You may not have noticed, but Greece isn’t the only country that is engaged in difficult negotiations about its foreign debt. Ukraine is too.
05 May 2015
We’re told that market forces run the world, and can’t be beaten even when they fail us. But Tomáš Tengely-Evans argues that a better way is both necessary and possible
03 March 2015
There's no need for austerity - and we have the numbers to prove it
03 February 2015
People in Greece are furious that austerity is being imposed on them in exchange for bailouts of the government’s debt to the bankers.
18 November 2014
World leaders shook hands a lot last week, with the G20 summit in Brisbane, Australia, and the Asia Pacific Economic Cooperation (Apec) conference in Beijing, China.