Sunday, August 31, 2014
   
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The Economy

The crisis of world capitalism is gathering speed

The crisis of world capitalism is gathering speedThe crisis of world capitalism is unfolding relentlessly and with gathering speed. First came the financial crisis (the so-called credit crunch), but now the second phase has begun - the crisis of the real economy - and it is accelerating as each day goes by. This is leading to sharp changes in consciousness, rising working class militancy and the beginnings of polarisation within the labour movement itself.
 

No to Big Business Bailouts: Nationalize the Auto Industry!

Auto Industry BailoutThis article makes note of General Motors facing bankruptcy, with Ford and Chrysler not far behind. GM is requesting a $25 billion bailout from the federal government, and in spite of this bailout, the automakers have announced severe cuts and additional plant closings.  The only way forward is to nationalize the auto industry under democratic workers' control.

   

This Bud’s for You: Nationalize Anheuser-Busch

Anheuser-BuschIn July, Anheuser-Busch, maker of Budweiser and Bud Light beer, joined the long list of companies to be gobbled up in yet another big corporate merger. The largest U.S. brewer was bought out by Belgian-based InBev, the world’s second largest brewer. After a flurry of patriotism that was whipped up in the capitalist media, this “American icon” was sold off and Budweiser’s mostly unionized workers are already facing cuts and layoffs.
 

Panic in world markets

Panic in world marketsPanic has gripped the stock markets of the world. Things are completely out of control, and there is nothing that governments can say or do that can stop it. As in 1929, every time people thought that the worst had come, further falls were just round the corner. Nobody knows how far share prices have still to go. The world economy now finds itself in unsheltered waters.
   

Millions of US families threatened with eviction

Millions of US families threatened with evictionMillions of US families are being threatened with eviction from their homes, some because they cannot pay their mortgages and others because their landlords cannot pay theirs. Now a County Sheriff in Illinois, has refused to carry out any more evictions.
 

Report from Providence, RI Anti-Bailout Protest

Providence Bailout ProtestOn Wednesday October 1st, there was a small protest action held outside of the U.S. Federal Court in downtown Providence, Rhode Island, which the WIL intervened in.  Only a few days prior to this, Jobs with Justice (JWJ) had called for demonstrations throughout the country in those cities where they are active. However, even with such short notice, around 40 to 60 people turned out to the protest.
   

The Real Meaning of Bush's Speech

Bush speech on the economic crisisBrendan M. Cooney "translates" Bush's recent speech from the language of the capitalist class into its meaning for the rest of us. These two humorous videos contain very serious points concerning the cause of the financial crisis.
 

Report on NYC Anti-Bailout Rally

Wall Street BullOn Tuesday, September 23rd, there was just the mention on the left of the possibility of an emergency rally against the bail-out plan for Thursday. By Wednesday, the AFL-CIO was forced to organize something, a reflection of the pressure on the leadership from below and the more or less spontaneous organization against the bail-out plan. A report on the various rallies that took place near Wall Street on Thursday, September 25th.
   

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Socialist Appeal Issue 83

sa83 cover for web

FILM: Greece on the Brink

greeceonthebrinkmodule

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