Manchester CS public meeting 6pm, Thursday 29th September Cameron Committee Room on 3rd floor of MMU What began with a 'few bad apples' in the finance sector has been revealed as a full-blown crisis of global capitalism, and the working class is being made to pay. What are the particular features of this crisis, and how can communists ...
The dispute over taxation shows the bourgeois establishment’s poverty of ideas, argues James Turley As the election campaign gets into full swing, many of the initial exchanges have all been linked to one issue - changes to the Britain’s tax system. The first flashpoint came out of the recent budget - Labour plans a small hike in ...
With Tory confusion on the economy, the general election looks to be very close, writes James Turley Alastair Darling’s budget was in effect the opening shot in Labour’s election campaign and, given the global economic crisis, he made a fair fist of it. As everyone knows, he had to promise financial responsibility, while offering a few ...
CS member Carey Davies reports Cardiff Radical Socialist Forum met last week to discuss the 'credit crunch', the economic crisis and the tasks of the left amidst the coming instability. Eleven people showed up, CPGB/Communist Student members and sympathisers being the biggest single group, along with three Permanent Revolution members and two international students. Permanent Revolution's Keith ...
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, ...
CS spoke to Hillel Ticktin, editor of Critique, about the ‘credit crunch’ and what it tells us about the dynamics of capitalism today You have described the latest capitalist downturn as a “turning point” for capitalism as a whole, which is in some ways similar to 1929. Can you expand on this? In fact, one can read ...