Europe faces a protracted period of austerity, with major contractions in output, consumption and employment. The crisis has started with the smaller, more vulnerable economies like Greece, Portugal and Ireland. But the others will follow, starting with Britain.
Read MoreEurope faces a protracted period of austerity, with major contractions in output, consumption and employment. The crisis has started with the smaller, more vulnerable economies like Greece, Portugal and Ireland. But the others will follow, starting with Britain.
Read MoreIn the second part of his article, Alan Woods looks at the dire economic situation the European Union faces. He also analyses the effects of the European crisis on the world economy.
Read MoreAfter talk of the so called "credit crunch" gave way to optimistic comments about the "green shoots" in the economy, events in Greece caught the bourgeois commentators unaware. Now the world economy has once again been plunged into chaos and uncertainty as the governments of Europe try to contain the fall-out from the near-default of […]
Read MoreNew Zealand Perspectives 2010 should be read in conjunction with previous years’ perspectives documents (New Zealand Perspectives 2008 & 2009) as they are a continuation from them. In addition these perspectives should be read in conjunction with the latest World Perspectives analysis and associated material from the International Marxist Tendency (IMT) and Socialist Appeal NZ.
Read MoreIn December 2009 the unemployment rate reached 7.3% of the work force (or 169,000 people), the highest rate in sixteen years.
Read MoreTechnically it can be argued that the recession is over in New Zealand. However, for the vast majority of workers this simply isn’t the case. Unemployment is still rocketing up with another 13% claiming the dole in December2009. Youth unemployment is very high indeed. The government’s lack lustre response is to allow a whole generation […]
Read MoreSocialist Appeal is pleased to re-print this document as it is an invaluable introduction into Marxism. A "must" read for all workers and youth. The Three Sources and Three Component Parts of Marxism by V.I. Lenin
Read MoreCleaners at Parliament have taken industrial action for the first time ever over their employer’s refusal to pay a decent Living Wage.
Read MoreThe Maritime Union of New Zealand says outsourcing at Ports of Auckland cannot replace a skilled in-house workforce. Maritime Union Auckland Branch Local 13 President Garry Parsloe says any moves to contract out work by port management would meet strong resistance.
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