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Economy
Video
How Big is China’s Crisis?
Video produced by chinaworker.info, ISA together with the Solidarity Against Repression in China and Hong Kong campaign
❍ Reading Time: ◴ ~1 Min
ISA and SARCHK
15 March 2024
China
China’s Involuted Economy
The economy is tipping into a deflationary crisis with a worsening debt crunch, falling wages and prices, and increasing reliance of fraudulent economic data.
❍❍ Reading Time: ◴ ~25 Mins
Editorial, issue 74 of Socialist magazine
China magazine published by ISA in China, Hong Kong and Taiwan
21 February 2024
Farmer Protests
France: Capitalism and Agriculture — Sowing Misery, Reaping Anger
In France, 2024 kicked off with a major farmers’ movement that had been brewing for several months. Similar protests have taken place in many other European countries.
❍❍ Reading Time: ◴ ~20 Mins
Tiphaine — ISA Poland and Jean — ISA Belgium
ISA
14 February 2024
British Economy
Tata Steel: Fight the Closures with a Socialist Green Plan of Production
Port Talbot is a town reeling from the news that Indian multinational steel company, Tata, intends to close its two existing blast furnaces with the loss of around 2,800 jobs.
❍ Reading Time: ◴ ~6 Mins
Jackie Grunsell
Socialist Alternative — ISA in England, Wales and Scotland
12 February 2024
Capitalist Greed
UBS Report: Billionaires — Self-Made or Nepo Babies?
A new report on newly minted billionaires published by UBS — a Swiss bank favoured by the super-rich found that far from being ingenious “wealth creators”, most billionaires inherited rather than earned their wealth.
❍ Reading Time: ◴ ~4 Mins
Robert Cosgrave
Socialist Party — ISA in Ireland
18 December 2023
Workers in Struggle
European Unions Demonstrate in Brussels Against Austerity 2.0
Stopping Austerity Through struggle for higher wages and better public services
❍ Reading Time: ◴ ~8 Mins
PSL/LSP
ISA in Belgium
12 December 2023
Corrupt Capitalism
The Rise and Fall of Sam Bankman-Fried
The recent guilty verdict against Sam Bankman-Fried, the arrogant, billionaire crypto-swindler, is another old-fashioned story of corporate greed and conmen endemic to the capitalist system.
❍❍ Reading Time: ◴ ~25 Mins
Kshama Sawant and Calvin Priest
Socialist Alternative — ISA in United States
16 November 2023
Economic Crisis
Working More, Making Less: Life Under “Bidenomics”
Although they insist that the administration’s economic policies — marketed as “Bidenomics” — have been a huge success, the public isn’t buying it. In one recent poll, only 28% of Americans said they were satisfied with the economy.
❍ Reading Time: ◴ ~9 Mins
Stephen Thompson
Socialist Alternative — ISA in United States
10 November 2023
Social Crisis
Housing: Renters Face Rising Costs, Slum Landlords See Rising Profits
As the weight of the cost of living crisis worsens, more people are struggling to find affordable housing.
❍ Reading Time: ◴ ~7 Mins
Daisy Avril Rhei
Socialist Alternative — ISA in England, Wales and Scotland
6 November 2023
World Economy
US: The Threat of Recession Looms Again
A recession, especially a deep recession, will be a disaster for working people. It will mean the return of mass unemployment, people losing their homes, and the growth of poverty.
❍ Reading Time: ◴ ~9 Mins
Tom Crean
Socialist Alternative — ISA in United States
9 October 2023
Big Business and Corruption
RTE Scandal: The Murky World of Slush Funds and Barter Accounts
Yet another report (the fifth, at last count) sparked by recent scandals at the Irish broadcaster RTÉ was published recently after off-the-books slush funds were used to pay for jollies for RTÉ management and the corporate clients they were chasing for advertising revenue.
❍ Reading Time: ◴ ~5 Mins
Padraig O’Flynn
Socialist Party — ISA in Ireland
15 September 2023
Climate Crisis
“Green” Corporate Welfare Bums
The crazy, anarchic capitalist system gets in the way of the many alternative ways to protect the environment and provide good jobs.
❍ Reading Time: ◴ ~15 Mins
Tim Heffernan
Socialist Alternative — ISA in Canada
13 September 2023
Global Economy
Pakistan: Exorbitant Power Bills Trigger Countrywide Protests
Pakistan has been swept by mass protests, as people across the country have expressed their anger over the hikes in electricity bills enforced by the unelected caretaker government led by Anwaar-ul-Haq Kakar.
❍ Reading Time: ◴ ~10 Mins
Serge Jordan
ISA in India
8 September 2023
Economy
China in the Grip of ‘Japanification’
Property collapse deepens while concerns rise over slow and limited government intervention
❍❍ Reading Time: ◴ ~25 Mins
Editorial from issue 71 Socialist《社会主义者》magazine, the magazine of ISA in China, Hong Kong and Taiwan
7 September 2023
ISA in Action
World School: The Age of Disorder
Opening up with the onset of the pandemic in 2020, ISA has deemed this period the ‘Age of Disorder’, one of heightened inter-imperialist rivalries, climate catastrophe, economic malaise, increased workers’ militancy and revolution and counter-revolution.
❍ Reading Time: ◴ ~15 Mins
ISA reporters
ISA
12 August 2023
Global Economy
A New Economic Era — Now with High Inflation!
Around the world, inflation is a scourge for hundreds of millions of working people, cutting real wages and dragging living standards down.
❍❍ Reading Time: ◴ ~25 Mins
Joshua Koritz
Socialist Alternative — ISA in United States
4 July 2023
Age of Disorder
Instability Growing in Central and Eastern Europe
Economic crisis, rampant inflation and the effects of the war and the the influx of refugees are adding to the economic and political strains in Central and Eastern Europe caused by the Covid-19 pandemic, and increasing instability in many countries.
❍ Reading Time: ◴ ~15 Mins
Paul Smith
Alternatywa Socjalistyczna — ISA in Poland
30 June 2023
China’s Economy
What Happened to the Rebound?
Guizhou province’s distress signal opens new front in country’s debt meltdown.
❍ Reading Time: ◴ ~15 Mins
Editorial, issue 70 of Socialist magazine (ISA’s magazine in China)
22 May 2023
Age of Disorder
Pakistan on the Brink: Down with Capitalist PDM Rule!
Khan’s posing as ‘anti-establishment’ and an opponent of the military-capitalist elite and the hated Sharif government has therefore struck a deep chord in society. He is by far the most popular politician in Pakistan today, which strikes fear into the heart of the military establishment given the scheduled upcoming October elections.
❍❍ Reading Time: ◴ ~20 Mins
Tom Costello
Socialist Alternative (ISA in England, Wales & Scotland)
17 May 2023
Climate Crisis
Volkswagen in Canada: Beyond Corporate Giveaways
Volkswagen Canada is to build a massive new electric vehicle (EV) battery plant. The question is: will somewhat cleaner technologies provide the magic bullet for both economic growth and reversing runaway global warming?
❍ Reading Time: ◴ ~10 Mins
Tim Heffernan
Socialist Alternative — ISA in Canada
17 May 2023
Economy
Demystifying the Debt Ceiling
The business press has been sounding the alarm about the “debt ceiling,”. A recent article in the Financial Times discussed the possibility of “financial Armageddon” and featured a picture of a mushroom cloud.
❍ Reading Time: ◴ ~10 Mins
Stephen Thompson
Socialist Alternative — ISA in United States
16 May 2023
Artificial Intelligence
What Does ChatGPT Mean For Workers?
The AI threat to livelihoods is spurring a growing anti-AI mood to resist automation. However the conflict is not between AI and humans, but between workers and the bosses who use AI to exploit workers harder, deskill their jobs, or lay them off in the name of profit.
❍ Reading Time: ◴ ~15 Mins
Tony Gong
Socialist Alternative (ISA in the US)
11 May 2023
Workers in Struggle
France: Macron Intensifies Class War — Action Plan Needed to Mobilise the Masses!
May Day will be the 13th day of strikes and demonstrations called by the union coalition against Macron and his pension reform. Every poll highlights the overwhelming opposition to the reform and the support for the social movement.
❍❍ Reading Time: ◴ ~20 Mins
Nicolas Croes — LSP/PSL
First published in Lutte Socialiste — paper of ISA in Belgium
1 May 2023
Workers in Struggle
Canada: Government Workers On Strike
On Wednesday, April 19, over 100,000 workers started their strike with pickets at least 250 workplaces.
❍ Reading Time: ◴ ~7 Mins
Tim Heffernan
Socialist Alternative — ISA in Canada
29 April 2023
Africa
Zimbabwe: 43 Years of “Freedom” to Be Looted and Sold
This 18 April, exactly 43 years since defeating the racist colonial Smith dictatorship, Zimbabweans are more than used to being let down by the old freedom fighters now turned looters and killers.
❍ Reading Time: ◴ ~15 Mins
Workers and Socialist Party
ISA in South Africa
18 April 2023
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