A new stage in the crisis of capitalism – Part Four
Alan Woods continues his analysis of the crisis facing European capitalism and their institutions.
The latest news, analysis, and Marxist theory from The Communist, alongside reports of RCP activity.
Alan Woods continues his analysis of the crisis facing European capitalism and their institutions.
After months of build up, the World Cup is finally underway. As it
approaches the end of the first week, in what is a month-long bloated
competition, something has become rather clear. Hype is
everything.
Marxists in the US have just finished discussing and agreeing a new perspectives doument on the ongoing crisis of the system in America. Given the importance of what happens in the most powerful capitalist country on earth, we are reproducing that document for UK readers.
Further to
our earlier report that John McDonnell has withdrawn as a candidate for
election as Labour leader, it has now been confirmed that Diane Abbott
has now secured
enough nominations to get on the ballot. She will be up against the two
Milibands,
Ed Balls and Andy Burnham.
The following statement has just been released by John McDonnell
concerning his campaign to be on the ballot paper for Labour leader.
Nominations close at lunchtime today with the party NEC meeting this
afternoon. We will comment further on this once the situation becomes
clearer later today.
Last Saturday an excellent meeting of the Northern LRC was held in
Gateshead with John McDonnell, fighting to be on the ballot for the new
leader of the Labour Party, and Paul Holmes, candidate for GS of
Unison, amongst those in attendance. We reproduce here a report on the
meeting by Veronica Killen from the LRC
Anarchism is a confused political creed. In fact some anarchists
take pride in the fact that it is difficult to pin their ideas down
almost as a point of principle. But their watchword has always been a
struggle against ‘authority.’ Some may find this slogan attractive,
but Engels’ brilliant essay shows that some class always wields
authority in society – the question is which one.
Ted Heath’s plans went very "agley" in the early 1970s, and he had a Tory
parliamentary majority that Cameron can only dream of. The volatility
of the world in 2010 means that this new Tory/Lib Dem government will be a
government of crisis. Certainly the story of Ted Heath’s demise has a
lot of lessons for trade unionists and socialists today.
Those of us watching the political developments in the wake of the
election have seen a kaleidoscope of people passing by – Brown,
Cameron, Clegg and all their understrappers have all been very busy.
They all have one thing in common. They are interested in politics. But
at this crucial time their attention has been concentrated on an
unusual figure – the Queen. She’s unusual because she’s not interested
in politics at all. Her favourite paper is the ‘Racing Post’ and her
major interest is in horse racing
On Tuesday and Wednesday, June 1 and
2, most workers returned to work at the Honda plant in Foshan, China,
after strike action which had started on May 17. As www.marxist.com reported
earlier, the workers were fighting for substantial wage increases.
In
1987, Margaret Thatcher, the Conservative Prime Minister, declared in an
interview that, “there is no such thing as society.” It is therefore fairly ironic that 13 years later,
David Cameron, the new Conservative Prime Minister, has announced his plans to
create a ‘Big Society’ in Britain. Throughout the general election coverage,
Cameron had avoided mentioning any specifics on what was meant by his vision of
a Big Society, but now Cameron and his new best friend Nick Clegg, have
outlined what is in store for the country.
Tony Woodley, joint general secretary of UNITE,
in a speech at the union’s conference in Manchester, declared his
determination
to “take the party back” for working people. This is a positive step but
it
needs to be made concrete.