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Greece October 19-20: After earth-shattering general strike what next?
- Details
- Published: Friday, 21 October 2011 13:46
- Written by Marxistiki Foni Editorial Board
Today (October 19th), the first day of the
48-hour general strike in Greece was sensational. Apart from the
government and public utilities workers that participated in the strike
massively, hundreds of thousands of workers from the private sector came
out on strike for the first time, and also joining the millions of
striking workers were tens of thousands of small businesspeople and
shopkeepers who closed the shutters to their shops in solidarity.
USA: Wall Street rocked by anti-capitalist protests time to build a labor party!
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- Published: Monday, 17 October 2011 01:18
- Written by Alan Woods
Earlier this month Wall Street was rocked by a
mass demonstration of over 15,000 people protesting against “corporate
greed.” The crowd jammed the square and stretched for blocks along
Broadway. This unprecedented protest was a manifestation of the mood of
anger, bitterness and frustration that has been accumulating for years
in American society, which had already previously erupted in the big
demonstrations and walkouts in Madison, Wisconsin, culminating in the
occupation of the Capitol.
The Greek crisis: Europe on the brink of a precipice
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- Published: Monday, 19 September 2011 16:46
- Written by Alan Woods
Europe is standing on the edge of a
precipice. This is the judgement, not just of the Marxists, but of the
most serious strategists of Capital. Barely six weeks have passed since
the latest Greek rescue package, and it is already unravelling. There is
now a general crisis of confidence in the ranks of the bourgeoisie
internationally. The panic, which is reflected in the wild gyrations of
the stock exchanges, has spread rapidly from Europe to America. It is a
kind of deadly contagion that has infected all the euro zone’s big
countries.
Capitalist crisis deepens no recovery in sight as economy heads for depression
- Details
- Published: Monday, 19 September 2011 16:58
- Written by Rob Sewell
The world crisis of capitalism has
entered a new stage. Rather than recover, several countries are showing
features of a depression. This is an unprecedented situation and shows
the deep malaise affecting the capitalist system, still reeling from the
slump of 2008-9.
Read more: Capitalist crisis deepens no recovery in sight...
How capitalism developed in Taiwan and South Korea any parallels with China today? Part Two
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- Published: Monday, 19 September 2011 16:40
- Written by Luca Lombardi
The experience of economic planning in
South Korea was broadly speaking, similar to that of Taiwan. What most
characterises the Korean experience is the prominent role of the
chaebols, the giant conglomerates, in developing the economy.