Within the space of two days the vast inequalities in the UK in
remuneration for “work” done have been exposed to public gaze. On the
one hand it was announced on August 18th that public sector workers are
to be limited to a 2% pay increase this year, whilst the day before the
press reported on the bonuses paid at the start of the year to those
who inhabit the boardrooms of big companies and the dealing rooms in
the City.

The latest war in Lebanon, apart from showing the
brutality and barbarism of the Israeli government and its main allies and
supporters, is also shedding light on the limits of US imperialism.

Here we provide a four minute speech by Ted Grant in which he expressed
the confidence that by basing ourselves on the fundamental ideas of
Marx, Engels, Lenin and Trotsky we can build a powerful international
Marxist movement. There can be no greater task than this. You can watch
the video here, here and here.

We have long stated that there is no fundamental difference between Blair
and Brown. That is why we welcome the decision of John McDonnell, Labour MP, to
stand for the leadership as the candidate of the left. We also reproduce John McDonnell's full statement on his stand.