Wed Mar 13, 2024
March 13, 2024

Economy

The Banking Crisis Tremors Continue

Last month, in the US as well as Europe, there have been new episodes of the international banking crisis which began around two months ago with the bankruptcies of...

The Crisis in the Banking System and the Possibility of a New Global Recession

The world is watching with great concern as the crisis in the banking system...

Why does the PSTU want to expropriate the billionaires?

The PSTU's programme in the national elections proposes the expropriation of the fortunes and...

When imperialism attacks, the workers and the oppressed of the world fight back!

Ecuador, Sri Lanka, Panama and Great Britain… When we write this article, the workers and...

Property rights in Chile’s new Constitution: the capitalist core remains in place

One of the most important points of any constitution is the right to property....

Property rights in Chile’s new Constitution: the capitalist core remains in place

One of the most important points of any constitution is the right to property. By MIT-Chile This right refers to the ownership of a house,...

 Pandora Papers: Paradise for Capitalists, Hell for the Working Class

The publishing of the Pandora Papers report is causing a lot of upheavals and, with different dimensions, may cause or deepen political crises in...

The World Economy: An Anemic and Troubled Recovery

Last August, the US economy created far fewer jobs than expected. For bourgeois analysts, this data and that of inflation have turned on the...

Notes on the Evolution of the Industrial Proletariat 

Introduction Most of the left-wing currents put into question the strategy of the socialist revolution as well as the role of the industrial proletariat as...

Paris Commune 150: the Economics

Today is the 150th anniversary of the beginning of the Paris Commune.  The Commune (Council) was formed as result of what should be considered the...

Global Economic Trends After the 2020 Recession

2020 was a terrible year for workers around the world. The combination of the worst pandemic since the Spanish flu of 1918 and the...

Where Is The Economy Heading? 

The bourgeois governments and the press highlight the recovery of the world economy for the third quarter of this year and sing praises to...

Debt Disaster With No Escape

The IMF-World Bank semi-annual meeting starts this week.  Earlier the IMF kicked off the show with a warning that the poor countries of the world are...

The Catholic Church Has No Right To Be the “Voice of the Poor”

Recently, the Pope made statements in which he denounced that the coronavirus pandemic aggravated the "social inequalities" characteristic of the current economy. What is...

The world economy plummets: major clashes are looming

"It is now clear that we have entered a recession – as bad as or worse than in 2009," said Kristalina Georgieva, managing director...

The Deflation of Speculative Bubbles

The effects of the pandemic on the already existing trend of decline in the world economy are already causing several speculative bubbles to deflate...

Before the Capitalist Catastrophe, the Solution is Socialist Economic Planning

Socialism means workers' democracy and planned management of the economy. Only in a working-class democracy can the working class dominate and effectively rule By Jeferson...

The Gravity of a Possible New World Recession

  The world is experiencing a succession of convulsive processes of the class struggle, with revolutionary ascents (such as those lived in Chile, Haiti,...

A Global Manufacturing Recession

As we enter October, the global recession is with us – in manufacturing.  The PMI manufacturing activity indexes for most of the major economies...