Socialist Appeal 162 out now!

162-coversmall.jpg A new issue of Socialist Appeal is out. Read more about it or get your copy now before it is too late.
 

Economy in crisis

Profits, crisis and credit crunch: can 1929 happen again?

Paraguay’s “Red Bishop” takes power Print E-mail
By Nathan Morrison   
Thursday, 24 April 2008
fernandolugo2b.jpg On Monday the 21st of April 2008 a leftist former Bishop, Fernando Lugo, won the elections to the Paraguayan presidency. Lugo, dubbed by many as the “Red Bishop” or the “Bishop of the poor” ousted the 61 year ruling party - the Colorado Party. The Colorado Party’s reign in power was bourgeois democratic in its latter years and took the form of the military dictatorship of Alfredo Stroessner prior to 1989, the year when he was deposed.
 
It may be recession for some, but it is sweet bonanza for others! Print E-mail
By Rob sewell   
Wednesday, 23 April 2008
stinking-rich.jpgAs the recession begins to bite deeper with every passing day, millions of ordinary people face losing their homes, bankers’ profits are taking a hit, tens of thousands are facing the dole queues, the world is on the brink of economic recession, yet the super rich have never had it so good, especially the hedge fund managers.
 
Family food bills 'up £15 a week' - so what happened to the official 2% inflation? Print E-mail
By Socialist Appeal reporters   
Wednesday, 23 April 2008

food_prices_soar.jpgThe Brown government has been ruthless in attempting to keep workers’ wage rises to 2%, causing real pain amongst Britain’s poorest workers. Their justification was that inflation was only 2% and the “country” could not afford inflationary pay deals.

 
Grangemouth: Action threatens paralysis Print E-mail
By Ewan Gibbs   
Wednesday, 23 April 2008
ay_0001265.jpgThe news headlines in Scotland today were dominated by the strike of 1,200 workers at the Grangemouth oil refinery in the west of Scotland. This is one of only nine refineries in Britain. The plant processes 210,000 barrels of oil a day. Announcement of the strike has triggered panic buying of petrol. Management have to start closing the plant down nearly a week before the walk-out is due.
 
Socialist Appeal National Conference: Great step forward Print E-mail
By Socialist Appeal Reporters   
Tuesday, 22 April 2008
saconference08-020web.jpg Last weekend the Socialist Appeal held its national conference, the proceedings of which revealed important steps forward in the development of the tendency in both the youth field and the trade unions. The mood was one of enthusiasm and determination to build even further on the past year's successes.
 
Strike Together! Against the public sector pay gap Print E-mail
By Socialist Appeal   
Tuesday, 22 April 2008

sa-strike-together.jpgNew Socialist Appeal leaflet available

Over 100,000 Members of the Public and Commercial Services Union (PCS) are on strike together with up to half a million other public sector workers including teachers and lecturers. We are all protesting at the government’s policy to cap public sector pay below inflation which has resulted in cuts to living standards across the civil service. 

 
[Ted Grant Archive Update] - Workers want peace—Bosses prepare for war! Print E-mail
By Ted Grant in 1939   
Tuesday, 22 April 2008
war-prep.jpgWith preparations for war in full swing the small Workers' International League gathered around Ralph Lee and Ted Grant was the only voice that stood out defending a real internationalist position. Here we provide our readers with the lead article of the August 1939 edition of Youth For Socialism, signed by Ted Grant.
 
The dollar down the pan – monetary chaos to follow? Print E-mail
By Mick Brooks   
Monday, 21 April 2008
dollar-toilet-paper.jpgThe immediate cause of the sliding dollar is not far to seek. It’s the US deficit with the rest of the world. Last year the USA imported nearly twice as much as it exported. Their current account deficit stands at 6% of national income. If a country is spending more than it’s earning, then it has to pay for the difference.
 
Review of Flat Earth News Print E-mail
By Ian Aylett   
Monday, 21 April 2008
ftndavies.jpgThis is a really valuable book for socialists. Ironically its strength, as well as its weakness, is that it’s not written from a ‘political’ position. Nick Davies is an established and excellent investigative reporter. He writes from the point of view of a practitioner defending professional standards, seeking to explain, within those terms, why so much British journalism is so wrong.
 
Wolverhampton: Capitalism kills! Looking for an alternative? Print E-mail
By Socialist Appeal students in Wolverhampton   
Friday, 18 April 2008
On Wednesday April 16th our second meeting of students trying to set up a Socialist Society at the University of Wolverhampton took place.
 
Don’t let the Tories back Print E-mail
By Socialist Appeal   
Friday, 18 April 2008

mthatcher.jpgThey’re back from the dead. We thought we’d driven a stake through their rotten hearts in the Labour landslide of 1997. Now they’re 13 points ahead in the polls. They should be history. So why are they making a comeback? Because New Labour have been rumbled. They said they were being prudent with the economy. They talked about, ‘no return to boom and bust.’ Now we can see that they were just lucky. Don’t let the failure of New Labour be the opportunity for the Tories. Reclaim the Labour Party. It was set up as our party, as a party for the working class. Fight the Tories with socialist policies.

 
125 years since the death of Marx: ‘We shall not look back upon his like again’ Print E-mail
By Steve Higham   
Friday, 18 April 2008
marx_engels1.jpgKarl Marx was a man with a family to look after, and a revolutionary who no country acknowledged as citizen. A giant thinker of the modern era who transformed our outlook in philosophy, economics and political thought, Marx's revolutionary activity was hobbled by poverty. Steve Higham chronicles his hardships and achievements a century and a quarter after his death.
 
Trotsky’s ‘Trade Unions in the Epoch of Imperialist Decay’ Print E-mail
By Matt Wells   
Wednesday, 16 April 2008
leon-trotsky.jpgMarxism is a not a moral code and is more than a set of ideas. It is a method that, if applied correctly to the concrete situation, acts as a compass for the movement towards the transformation of society by the working class in the interests of humanity as a whole. Anyone can use a compass but it is still necessary to decide whether to continue heading north or to change direction. Trotsky’s short article, Trade Unions in the Epoch of Imperialist Decay, though unfinished, contains some vital lessons for the class conscious workers and youth.
 
Audio File: Dialectical Materialism - the Philosophy of Marxism Print E-mail
By Rob Sewell   
Tuesday, 15 April 2008
aurorae-green.jpgFor those unacquainted with Marxist philosophy, dialectical materialism may seem an obscure and difficult concept. However, for those prepared to take the time to study this new way of looking at things, they will discover a revolutionary outlook that will allow them an insight into and understanding of the mysteries of the world in which we live. A grasp of dialectical materialism is an essential prerequisite in understanding the doctrine of Marxism. Dialectical materialism is the philosophy of Marxism, which provides us with a scientific and comprehensive world outlook. It is the philosophical bedrock - the method - on which the whole of Marxist doctrine is founded.
 
Heathrow - it’s terminal Print E-mail
By Eric Hollies   
Tuesday, 15 April 2008
heathrow-term-6.jpgThe government is pushing plans for a third runway and a sixth terminal. The fifth terminal will open soon. The fifth terminal on its own is the third biggest airport in Europe. When the go-ahead for a fourth terminal was given in 1979 Glidewell, the Chair of the Inquiry, stated, "In my view the present levels of noise around Heathrow are unacceptable in a civilised society." Right first time. The fourth terminal was given the nod on the grounds that that was it. No fifth terminal. Ever. It seems all governments, not just the present one, are terminal liars.
 
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Audio

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Alan Woods on world perspectives 2008 

Listen to Alan Woods delivering a speech on the world political and economic perspectives for year 2008 at a meeting of the leadership of the International Marxist Tendency on January 13, 2008. (The speech can be downloaded in one MP3 file or divided into 3 parts: 1 - 2 - 3)

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