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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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| China
The China Advantage Great Leap Forward for Capitalism, Big Step Backward for Labour
Well known global justice activist Au Loong-Yu explains the reasons for China’s spectacular economic growth - and some of its deadly consequences for Chinese workers. -> read article... |
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| Netherlands
Building the movement against neoliberalism 15th Congress of the Socialist Party
At the end of November 2007 the Dutch SP will hold its 15th national congress. The congress is of crucial importance to the building of the movement against neo-liberalism in the Netherlands, in which the SP plays a central role. -> read article... |
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