Desperate to maintain Britain’s relevance, successive governments have pledged to ramp up military spending – a promise that British capitalism cannot afford. The Iran war is now exposing that Britain has no independent military role to play on the world stage.

Today, we are witnessing the relative decline of US imperialism. This crucial subject is outlined in John Peterson’s fantastic book ‘Colossus: The Rise and Decline of US Imperialism’. Here, we reproduce extracts from the book alongside a review from a reader.

Trade unions in Britain have the potential to play an important role in the struggle against racism. But conservatism and class-collaborationism too often stops them from leading this charge. Appeals for ‘peace, love, and hope’ must be transformed into militant class war.

Inflation. Bankruptcies. Sovereign debt crisis. Political instability. These apocalyptic horsemen haunt Starmer and Reeves, as the Iran war projects its shadow over the future of the British economy.

Britain’s warmongering class have firmly sided with the US and Israel in their war on Iran. As they leave death and destruction in their wake, we at home are forced to pay the cost. These monsters must be overthrown. Hands off Iran! Down with their sick system!

This month marks the 250th anniversary of ‘The Wealth of Nations’ – the seminal work by bourgeois economist Adam Smith. Despite the denials of today’s liberals and free-marketeers, Smith’s theories paved the way for the revolutionary ideas of Marxism.