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Fourth International

International Viewpoint, the monthly English-language magazine of the Fourth International, is a window to radical alternatives world-wide, carrying reports, analysis and debates from all corners of the globe. Correspondents in over 50 countries report on popular struggles, and the debates that are shaping the left of tomorrow.

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Recently posted Features

  • Kurdistan

    The Kurdish Question, the PKK and the tasks of the radical Left

    3 November 2014, by Florian Wilde

    The West has suddenly begun supporting various Kurdish organisations in its fight against the Islamic State. So why is the largest Kurdish organisation of all, the PKK, still outlawed? This article discusses current developments in Kurdistan and gives a brief overview of the history of the Kurdish liberation movement and the PKK’s illegal status in Germany. It argues for a radical left strategy focused on defeating the ban on the PKK.

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  • Series : Bretton Woods, the World Bank and the IMF :70th anniversary (Part 10)

    The World Bank’s support of the dictatorship in Turkey (1980-1983)

    23 October 2014, by Éric Toussaint

    "The World Bank tried very hard to make the the Turkish military appear salutary, and to avoid criticising their interventions.The official comments from the Bank, that the 1980 coup d’état would not jeopardise the Bank’s intention to lend, were very courteous". [1]

    read article...
  • Series: Governments submit to “Too Big to Fail” banks (part 5)

    BCE / LTRO : what’s that ?

    23 October 2014, by Éric Toussaint

    In 2010 institutional investors (including banks) and hedge funds attacked Greece, the weak link in the European chain of debt, before turning their attention to Ireland, Portugal, Spain and Italy. In so doing, they made juicy profits by forcing these countries to increase their interest-rate on their bond issues in order to refinance their debts. Among investors, private banks made the biggest profits, by directly obtaining funds from the ECB at 1%, while at the same time making quarterly loans at 4% or 5%. As far as securities are concerned, they only agreed to buy Irish and Portuguese ten-year bonds if the interest-rate rose to 10%.

    read article...
  • Series : Bretton Woods, the World Bank and the IMF : 70th anniversary (Part 9)

    The World Bank and the Philippines

    8 October 2014, by Éric Toussaint

    The 1946 US decision to grant the Philippines its independence inaugurated a period of prosperity in the country. For a number of geo-strategic reasons, in the wake of the Second World War the Americans were willing to let the Philippine government pursue policies that they ruled out elsewhere.

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