Latest Marxist & Socialist News and Analysis
Written by Timothy Bay Thursday, 29 January 2015 11:58
One of my favorite poems, by Emily Dickinson, speaks of dancing “through endless summer days” and exalting in the beauty and power of the natural world. A delightful image; but perhaps a verse more in tune with the modern world is: “Because I could not stop for death— He kindly stopped for me.” I don’t know about “kindly,” but as Naomi Klein makes clear in her latest book, death is indeed prepared to stop for humanity if we do not stop and reconsider our course.
Written by Congyue Dai Wednesday, 28 January 2015 12:44
Despite all the Keynesian experiments and the monetary stimulus, China has failed to escape the global economic crisis. In 2014 its economic growth dropped to 7.4%, the weakest in 24 years. For the first time in 16 years growth missed the government’s annual target (7.5%).
Written by Tom Trottier Tuesday, 27 January 2015 12:51
Just before the Christmas holiday break, Congress passed a $1.1 trillion spending bill that continued the usual pattern: more money for the wealthy, austerity for the working class, and about half of the cash to the military. This reflects the present situation of American and world capitalism—a crisis-ridden system that must take back past progressive reforms and build up its military to battle the growth of revolutionary movements and the general upheaval in the ex-colonial world. We must remember that right now, the US economy is growing, but not in a manner to make up for the decline of the 2008 slump. There are dark clouds on the horizon. China is slowing down and Europe and Japan seem to be in a second slump or “double dip.”
Written by Jose Manuel Monday, 26 January 2015 11:02
Marx once famously remarked that in history, tragedy reappears as farce. Seven years ago, there was for many American workers the illusion that Barack Obama would somehow serve their interests. For these workers, the conversion of Obama's “Yes We Can” 2008 campaign to the first six years of his presidency has been a bitter disappointment and a tragedy.
- A Petty-Bourgeois Opposition in the Socialist Workers Party
- The 1% and the 99%: Tiny Rich Elite Own Half the World's Wealth
- Congress of Italian Section of the IMT Sets Up “Sinistra Classe Rivoluzione”
- Single-Payer and Governor Shumlin in Vermont
- SYRIZA and State Power—What is to Be Done?
- Martin Luther King, Jr. and the Struggle for Socialism
- The Greek Elections and the Crisis in Europe
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