Socialist Worker

capitalism


Top companies cash in on coronavirus with ‘share buyback’ schemes

Top companies cash in on coronavirus with ‘share buyback’ schemes A swathe of the world’s richest companies are so overflowing with cash that they are spending record amounts on buying their own shares.

Neoliberalism is alive and useful to rulers

Neoliberalism is alive and useful to rulers Is neoliberalism over? This is what many of its defenders are beginning to fear. Chris Giles, the economics editor of the Financial Times, recently lamented, “The left is winning the economic battle of ideas.”

Vaccine disparity—is imperialism in workers’ interests?

Vaccine disparity—is imperialism in workers’ interests? As India’s health system collapses under a new wave of Covid-19, Socialist Worker examines whether Western workers are gaining from the way imperialism operates

Capitalism means money for war, not health

Capitalism means money for war, not health People starve, there’s not enough cash for health or education, for action on climate chaos or to create jobs—but there’s always money for war.

Sport and the system—whose game are we playing?

Sport and the system—whose game are we playing? Sport offers relief and a sense of collective identity denied to us by capitalism—but bosses also use it to make profits and divide us. Sam Ord explores the contradictions

War and a deadly system—why conflict is central to capitalism

War and a deadly system—why conflict is central to capitalism US president Joe Biden plans to keep using force to promote US imperialism, despite Middle East defeats. Nick Clark says it’s the way capitalism works that creates constant conflicts

Letters—British Gas workers suffer at hands of selfish bosses

17 April 2021
Over the last five years British Gas has dumped on employees from the highest height with countless business area closures, restructures, shift changes and wage freezes.

Greensill—corruption at the heart of the system

16 April 2021
The scandal of former prime ministers joining with top civil servants to lobby the government for private sector gains grows hotter by the day. Sadie Robinson gathers what we know so far, and concludes that the problem is deeply rooted in capitalism

Capitalism allows global Covid-19 cases to soar

13 April 2021
Global coronavirus cases have escalated over the past seven weeks and deaths have risen for the past three weeks. More than 136 million people have been infected, and almost three million have died.

Repression is rulers’ response to crisis

13 April 2021
The Tory government’s Police and Crime Bill is a very nasty attack on civil liberties. But it’s not an aberration.

Billionaires’ fortunes increase by over 60 percent despite coronavirus crisis

08 April 2021
Amid the horrors of the pandemic, the collective wealth of the world’s billionaires exploded by more than 60 percent last year from £5.8 trillion to £9.5 trillion.

The real link between racism and class

06 April 2021
The Report of the Sewell Commission on Race and Ethnic Disparities may look a mess. But it’s a calculated political hit. It aims to erase the concept of institutional racism.

New pamphlet on capitalism, food and agriculture

05 April 2021
The new pamphlet Capitalism and the Politics of Food by Amy Leather argues that Covid-19 is no anomaly. And with current food systems more deadly viruses are likely to cross over to humans.

Suez crisis driven by pursuit of profit

30 March 2021
The Ever Given container ship was refloated on Monday. But the temporary closure of the Suez Canal showed a lot about world trade.

Capitalism— is it more than greed?

28 March 2021
Our leaders will celebrate greed for pushing innovation but Nick Clark argues that the greediness inbuilt within capitalism could potentially lead to our destruction

Only workers’ fightback can save jobs at Liberty Steel

26 March 2021
Thousands of workers at Liberty Steel fear for their jobs. They are caught in a web of dodgy financial deals, ruthlessly profiteering billionaires and government corruption.

Secret lobbyists for rich

23 March 2021
Top politicians have conspired to help firms drain cash from government Covid-19 loan schemes—and tried to keep it secret.

Western powers block move to lift patent rules for Covid-19 vaccines

13 March 2021
The dominant Western powers have ganged up to prevent the World Trade Organisation (WTO) from lifting patent rules on Covid-19 vaccines.

Debt is rising but the rich won’t be paying

08 March 2021
Everyone is talking about debt. This is mainly because of the enormous amounts governments are borrowing to cover extra spending in responding to the pandemic.

Sunak’s budget will bring cuts, poverty and unemployment

28 February 2021
The Tories are preparing to plunge many more working class people into poverty and despair. Chancellor Rishi Sunak is under pressure to keep measures that support ordinary people in this week’s budget.

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