The New Deal of the 1930s, Keynes’ Views and Capitalist Crises
In essence, the New Deal was the first practical application of the views of John Maynard Keynes, a British economist who began to formulate a new economic theory in the...
Keynesianism and the Crisis of Capitalism
Is the Problem Neoliberalism or Capitalism? George Martin Fell Brown and Tony GongSocialist Alternative, USA The current economic crisis may have been triggered by the coronavirus pandemic, but its roots...
TRUMP’S OUT: Socialist Analysis and Next Steps for Struggle
The celebrations have begun. Trump has clearly lost, and he will be out of the White House early next year. A massive sigh of relief is being exhaled by tens of millions of people across the country and hundreds of millions across the world. Yet we should recognize that the pandemic, climate change, economic crisis, and institutional racism won’t go away when Trump leaves office. Biden himself said that he doesn’t want fundamental change, and he will “reach across the aisle” to right-wing Republicans. We’ll still need determined mass movements to win gains for working people, to fight against the far right, and to challenge the disastrous rule of the billionaire class
China: State Repression Against Left Activists Escalates
On 14 August, left activist Chai Xiaoming was tried secretly by the Intermediate Court in the eastern city of Nanjing on the charge of “inciting subversion of state power”. The verdict and sentence of the court have not been made public but the Nanjing Public Prosecutor’s Office submitted a proposal of 3 to 5 years in prison. It is understood that Chai’s lawyers signed a confidentiality agreement with the authorities to ensure information about his case is not leaked
Pinochet Constitution Rejected! Plebiscite Victory Opens Road to New Struggles
The Chilean people gave another example of consciousness and strength this Sunday 25 October. The Constitution inherited from Pinochet’s dictatorship was rejected by 78% of voters in the plebiscite that turned out 7.5 million people, the highest electoral participation in the history of the country
Coronavirus: Second Wave Sweeps Through Europe
Germany is experiencing a ‘very serious rise’, Czechia faces an ‘enormous surge’ while Spain needs ‘drastic measures’ while countries such as Ireland, Croatia, Poland and Russia report record daily cases, far exceeding those experienced in the first wave. Yet health systems are still not prepared
Nigeria: Lekki Massacre
Protests against police brutality in Nigeria have taken a violent turn as the Police have opened fire on peaceful demonstrators, killing, according to Amnesty International, at least twelve people. We publish here an updated Press statement issued by the Movement for a Socialist Alternative
Argentina: Deepening Crisis Weakens Government
One year into the government of Alberto Fernandez, discontent is rising, spurred on by his government’s response to the crisis
Southern Europe: New Economic Crisis, Old Structural Causes
Apart from geographical and cultural similarities, Southern European countries also share, as a key feature, a combined and uneven capitalist development. This laid the basis for structural divisions along broad North-South lines, both at European level and within the countries themselves, with strident socio-economic gaps between different regions (e.g. North-South Italy). These divisions were consolidated and deepened by the process of European integration and the Eurozone in particular. This was most clearly reflected in the Eurozone crisis that started a decade ago, which particularly — although not exclusively (e.g. Ireland) — affected Southern member states. The new EU-wide economic crisis — built upon conditions that were in place before the start of the COVID-19 pandemic — will bring back to surface those divisions in an even cruder fashion along clear class lines. In face of this, the best response will be the international solidarity and coordinated struggle of popular classes across the continent
“Guilty” — Golden Dawn Verdict a Victory for the Anti-Fascist Movement and Working Class
October 7 is a day of historical importance for the working class, the anti-fascist movement and the social movements in Greece. The trial of Golden Dawn (GD) came to its conclusion and the neo-Nazi organization was convicted for what it is: a criminal gang of fascist thugs and murderers. For the anti-fascist movement, the verdict was a vindication of a struggle that has been going on for years — and even decades. For the tens of thousands of workers and youth who gathered outside the courts it was a moment of great joy — of cheers and chants but also of tears