IMT Congress communications
The following statements were
unanimously passed at the World Congress of the International Marxist Tendency. A detailed report about the congress will follow in the coming weeks.
News and analysis
The latest news and analysis from The Communist, alongside reports of our activity. For Marxist theory and history, click here.
Venezuela: The nationalisation of Banco de Venezuela
In a television programme broadcasted to
the whole of the country on July 31st, President Chávez announced the nationalisation
of Banco de Venezuela, the Venezuelan bank owned by the Spanish banking
multinational Grupo Santander.
Is Barack Obama an Alternative for U.S. Workers?
After years of Bush’s open-ended war on working people at home and
abroad, many on the “left” are desperate for an alternative. For many,
that alternative is Barack Obama, a Democratic Senator from Illinois. However,
far from being a “progressive” alternative, Obama is at his core a
typical representative of the bosses’ political parties.
Scotland: Has Red Clydeside turned Yellow?
The SNP victory
in the Glasgow East by-election certainly marks a new low in the recent history
of the Scottish Labour Party but the question is now posed: does it mark the
seismic shift in Scottish politics that Alex Salmond has declared?
Glasgow East by-election: New Labour hits new low
Just
when you think it can’t get any worse for Gordon Brown, it does. New Labour has
succeeded in losing the Glasgow East by-election. Glasgow East is a solid
working class area with one of the finest labour movement traditions on the
country. It has been a Labour heartland for generations.
Poor old Mervyn
Wasn’t it good of
Mervyn King, the Governor of the Bank of England, not to accept a pay rise of
£100,000? What a model/example of restraint to us all! Instead he would only
take 2.5% pay increase each year for the next five years, out of his annual
salary of £289,551. We must feel sorry for him. That means he will only get a
bit more than £7,000 pay increase this year. How did anyone work out that he
should get such a pay rise in the first place? The way the economy has been going
over the last year, it can’t be.
SATs and privatisation
Readers of Socialist Appeal would have heard the
headlines this week about the delay in supplying the SATs results for schools
and the damage that this is causing. Apart from the late delivery, and the
whole issue that SATs as a form of assessment are not good education in the
first place, one of the critical issues about the current situation has largely
been missing from these headline reports.
Socialist Appeal Supporters at World on Your Doorstep Festival
The second World on Your
Doorstep (WOYD) festival took place in Hebden Bridge, West Yorkshire, over the
weekend of the 19th and 20th July. WOYD is a world music festival, celebrating
the diverse cultures, music and traditions of West Yorkshire and the long
history of migration into the area from all parts of the world.
Back to boom and bust
For ten years Gordon Brown has been mouthing the
phrase “no return to boom and bust”. Now we see it is meaningless. Darling in
his Mansion House speech in June also brushed off the threat of recession,
asserting that “our
economy will continue to grow.” But there has been a boom and it has
turned to bust. Brown and Darling are denying what is going on in the real
world before their eyes. They can’t do anything about the recession since they
are not prepared to act against the source of the problem, the capitalist system.
More and more people will begin to see that if the only way we can control the
economic system and make it work in our interests is if we own it.
Asbestos scandal
The
judicial House of Lords has recently ruled that pleural plaque (scarring of the
lung – a condition caused by breathing in asbestos) is not an industrial
illness for which compensation can be claimed. This reverses twenty years of
common law practice. What do the Law Lords know about it? Asbestosis related
conditions are not exactly an occupational hazard for judicial bigwigs.
Marxist Day School in London
Even the bourgeois press has admitted that
the sudden shift in world economic fortunes has brought Marxism ‘back from the
dead’ – the Sunday Times ran an article last week under the title ‘The credit
crunch is bringing Marxism back into fashion’. From our perspective, Marxism is
not a fashion or a strange breed of animal, as the bourgeoisie like to kid
themselves, but the only answer to today’s problems. And as the deep crisis of
world capitalism comes more and more to the surface, more and more people will
seek our ideas. This was shown by the turnout of more than 30 at ULU Marxist
Society and Socialist Appeal’s Marxist
Day School on Saturday 12th
July.
The Glasgow East by-election and memories of Red Clydeside
The unexpected by-election in the Glasgow East constituency
has focussed the attention of the political parties and the media on a part of
Clydeside which it has long been fashionable to ignore. At the
general election Labour obtained a majority of 13,500 over the SNP candidate,
gaining 60.7% of the vote. If ever Labour had a safe seat it was Glasgow East.
This has led to the constituency being taken for granted and systematically neglected.
In Greater Glasgow, life expectancy is below the national average at 70.7
years. In the Calton ward of Glasgow East it is just 53.9 years, a figure
comparable with many ‘third world’ countries.