CS member Ben Lewis was invited to the Durham Union Debating Society to debate the above motion with various establishment thinkers (and the Stalinist Harpal Brar). These are the edited notes for his speech1. Even a cursory glance around our world is enough to see it is in serious trouble. Many of the tensions and contradictions ...
The optimistic notes sounded by world leaders after the G20 summit ring hollow, says James Turley Amid energetic protests, the G20 group of world leaders - representatives from Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Mexico, Russia, Saudi Arabia, South Africa, South Korea, Turkey, the United Kingdom and the United States, along ...
The bailout package for the big three car manufacturers in the US is stalled -for now, writes James Turley The economic crisis continues to deepen, particularly in the country at its epicentre, the USA. On December 12, the US Senate failed to pass an emergency bail-out fund of $14 billion, billed as a “bridging loan” to ...
What are the causes of the current crisis, and how should communists respond? CS member Chris Strafford will be presenting his take on the depression, and we will be discussing how to understand, explain and agitate around the current crisis of capitalism. All welcome. Starts 10:30am, Sunday 2nd November. Central London. Venue TBC. Contact Ben for more info: ...
Richard Wolff a professor of economics at UMass Amherst talks on the current "financial" crisis and capitialism in general. A form of socialism is presented as a possible alternative. This talk was presented by the Asociation for Economic and Social Analysis and the journal Rethinking Marxism.
James Turley looks at Iceland, a country flirting with bankruptcy Of all the myriad narratives thrown up by the credit crisis, one stands out: a tale of entire countries going bust, Russian loans and even - bizarrely - British ‘anti-terrorism’ legislation. That story is the peculiar downfall of a nation at the periphery of the European financial ...
The right's criticisms of 'greedy spivs' are a cynical cover to maintain the system of capitalism, reckons James Turley. So why do they find an echo on the left? The world’s financial markets were thrown into turmoil by the House of Representatives’ unexpected rejection of the George Bush-Hank Paulson $700 billion bail-out plan. As I write, ...
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