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Some of the more popular pages
| China
Bureaucratic capitalist? ,
Terry Conway interviewed Au Loong Yu, the author of the forthcoming book China’s Rise Strength and Fragility (Resistance Books, IIRE, Merlin Press) for Socialist Resistance -> read article... |
| Venezuela
After Venezuela’s elections: defeat for the right, challenges for the leftAt the beginning of October, much of the world’s media descended on Caracas hoping to report on the end of an authoritarian regime. “Too close to call” was the refrain on almost every network. Market analysts at places like Barclay’s Capital urged investors to pile into Venezuelan debt on the assumption of an opposition victory. Months earlier Robert Zoellick, then still head of the World Bank, revelled in the certainty that Chavez’ days were numbered. Better still, Chavez’ defeat would put a stop to Venezuela’s subsidies to Cuba and Nicaragua and spell the end for those ’regimes’ too, bringing “an opportunity to make the Western Hemisphere the first democratic hemisphere”. When those pictures came out a week before the poll, of tens of thousands at the final opposition rally, it seemed they might be right. Many of us had forgotten that the Venezuelan opposition turned out dozens of equally massive rallies and marches back in 2002 to 2004. Even among left activists there were more and more of us mumbling about whether there was really much to save in the Bolivarian revolution. -> read article... |
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| Crisis of capitalism
A worldwide game of chess… with no winnerThe developed economies have entered a new recessive phase of the crisis which began in 2007. The rebound obtained thanks to public spending is exhausted and the next relapse will be marked by a strong rise in unemployment. To get back to at least the level of employment that existed before the crisis it would have been necessary to create 17 million jobs in the world, but public treasuries are exhausted by the aid given to the banks. -> read article... |
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