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Economy in crisis
Profits, crisis and credit crunch: can 1929 happen again?
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By Socialist Appeal
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Friday, 24 April 2009 |
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 Editorial.The events around the G20 demonstrations have underlined the fact that, when working people stand up against capitalism, sooner or later we come slap up against the capitalist state. The police were talking up the prospects of violence well before the G20 began. Ian Tomlinson was killed by riot police on his way home. He wasn’t even part of the demonstration against the G20, just a worker going about his business. Complaints and evidence about heavy-handed and brutish policing are pouring in. Des Heemskerk led a group of workers in Basildon, concerned only about protecting their jobs, to occupy their factory - Visteon. They came up against police in full riot gear with slavering dogs on hand.
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By Ted Grant in 1981
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Friday, 24 April 2009 |
 Ted Grant seizes on evidence of a plot against the right wing Labour Prime minister Harold Wilson to show the real nature of the capitalist state. Behind the democratic façade the state is an organ of capitalist class rule. The establishment will strive might and main to preserve their privileges and will resort to whatever undemocratic measures are necessary to preserve the capitalist system.
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By Mel MacDonald
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Thursday, 23 April 2009 |
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 After the trauma of losing their livelihood and pensions
and a difficult seven nights of occupation on the cold floors of the factory, Visteon Enfield car parts workers were advised by their trade union leaders (Unite) to leave
the premises and continue the struggle outside the gates.
Now, funds are running low and the workers are getting tired. Now is
the time for the financial, physical and political support from the
broader community in order to make sure these workers win their just
demands.
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By Steve Jones
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Thursday, 23 April 2009 |
 Jack Jones, former General Secretary of the TGWU (now part
of Unite) from 1969 to 1978 has died at the age of 96. Although he moved away
from the Left towards the end of his union career he was without a doubt one of
the best-known and most militant trade union leader of his day.
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By Ewan Gibbs and Patrick Orr
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Thursday, 23 April 2009 |
 After a budget speech that might as well have ended with Alistair Darling announcing to the speaker of the house that it was goodnight and goodbye from the Labour government it seems that the way is being paved for a Tory government and a bosses’ offensive. In Scotland the repercussions from the budget are already having an accentuated effect due to the different political set up of the country; namely the impact of this budget on that of the SNP administration’s at Holyrood.
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By Alberto Einstein from Cleaners for Justice
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Wednesday, 22 April 2009 |
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 Today, underground workers (RMT train operators working out of the
Seven Sisters depot covering the Victoria Line) are holding a 24 hour
strike that started at 9pm last night and goes until 9pm tonight closing the entire line.
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By Mick Brooks
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Wednesday, 22 April 2009 |
 The budget figures show starkly how desperate is the position of the British economy, faced with what Darling called the ‘worst global economic turmoil’ in living memory. The amount the economy will shrink has been revised to a record 3.5% fall this year, the biggest drop since the Second World War.
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By Mick Brooks
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Tuesday, 21 April 2009 |
 This year
marks the 90th anniversary of the founding of the Communist International. Mick
Brooks spoke at a recent Socialist Appeal Day School on the rise of the "world
party of socialist revolution" under Lenin and Trotsky and its subsequent
political and bureaucratic degeneration under Stalin.
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By Mel MacDonald
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Tuesday, 21 April 2009 |
 Despite their small numbers, the Mitie cleaners are punching
well above their weight. Every Friday at 1pm they gather in front of the
offices of Willis insurance brokers in the heart of London’s business district,
and with the help of a megaphone kindly donated by the Clerkenwell and St
Pancras branch of Unite, they begin their protest. The cleaners and their
supporters don flourescent vests, blow whistles and shout slogans demanding the
reinstatement of the unfairly sacked cleaners.
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By Ewan Gibbs
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Tuesday, 21 April 2009 |
 Another day and yet another action from the tenacious primary school parents of the Glasgow Save our Schools Campaign. Parents from the Our Lady of Assumption and Victoria primary schools, located in Ruchil and Govanhill, have gone into occupation in protest at their schools’ proposed closure. The Council will vote on the decision on Thursday.
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Monday, 20 April 2009 |
 Jews throughout the 20th century were attacked as either Communists or rich capitalists. According to this view there was some kind of conspiracy here to overthrow society as we know it. This is pure racist anti-Semitism, which Marxists utterly reject. Jews around the world, and in Israel, belong to different classes and thus have different interests. How does this affect their thinking? Walter Leon looks into the question and connects it to the ups and downs of the class struggle.
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By Daniel Read
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Monday, 20 April 2009 |
 On 23rd March 1989 the oil tanker Exxon Valdez left normal shipping lanes and smashed into the Bligh Reef in Prince William Sound, Alaska. Within hours, the once mighty vessel had spilled over ten million gallons of oil into the icy waters: the largest oil spill in ever recorded in US waters.Over the coming months, around eleven thousand square miles of open sea became contaminated. Local wildlife - many species of which were rare or endangered elsewhere - perished in vast quantities. News reports brought back footage of over 1,300 miles of shoreline turned black and scattered with dead or dying fish, birds, and seals.
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By Ewan Gibbs
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Friday, 17 April 2009 |
 Poor old Gordon Brown, down in the polls as his part in destroying the lives of millions of working people through his mismanagement of the economy is exposed to all. With his attempts to smear the Tories blowing up in his own face, things aren’t going so well for him. He thought a cabinet meeting in Glasgow, away from the City and Fleet Street, might do some good for his popularity. He was wrong.
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By Michael Roberts
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Thursday, 16 April 2009 |
 Alan Greenspan has just turned 83 years old. He was Chairman of the US Federal Reserve Bank for over 19 years before he stepped down in January 2006, just before the great boom turned into the awful credit crunch and brought global capitalism to its knees. Greenspan presided over the biggest credit boom in capitalist history and the largest rise in property prices that the US had ever seen. He was praised to the heights during those years and as the helmsman of capitalist success globally and in America. Bob Woodward, one of the journalists who exposed the Nixon Watergate scandal back in the 1970s, wrote a book about Greenspan in the year 2000, in which he described him as ‘the maestro’.
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By A Father
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Thursday, 16 April 2009 |
 What can you say to your son when he asks, “Why is my life so sh*te?” All you can do is listen and sympathise.Now with the recession, and the collapse of the car industry, the overtime has stopped. After Easter the working week is to be reduced and there’ll be no more shift premiums, so the take home pay will now be less than £1,300. My son now feels he cannot provide for his daughter and he is trapped in a job waiting for the eventual redundancy.
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