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| World economy
The bursting of the American housing bubbleA speculative bubble can relate to assets that are real (property, land, etc.) or financial (shares, etc.) ; it manifests itself by an increasingly rapid rise in the prices of these assets. They end up by reaching such levels as appear excessive, even making an optimistic evaluation of the future profits which can be expected. The bursting of the bubble manifests itself by an opposite process, by a continuous and often brutal fall in these prices. -> read article... |
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| Ethiopia
Ethiopia: unknown revolution, uncertain futureConditioned by centuries of feudalism, victim of totalitarian regimes, prey to political banditry, this is the situation of Ethiopia today. The current regime has not brought democracy to the country or settled ethnic problems. The great powers only see the Horn of Africa as a strategic zone. Since 9/11 the will of the US to co-opt Ethiopia to control terrorism has borne fruit. -> read article... |
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| Eco-Socialism
Savage Capitalism - the Ecosocialist AlternativeThis is an edited version of the main document discussed at the recent annual general meeting of Socialist Resistance in Britain. The document explains why Socialist Resistance is changing its political programme, perspectives and public profile towards being an anti-capitalist, ecosocialist organisation. -> read article... |
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