Marxists have
long since been conscious of the nature of the state, its industrious defence
of the capitalist class, and its prejudice against working people. But much of
the public are unaware of just how incestuous the capitalists and governments
really are. Read part two of Will Roche’s study of monopoly capitalism.

The world of international finance has been shaken by the
default in Dubai.
Shares have taken a tumble all over the world. Commentators have suggested that
this could be the cause of the recession moving into a double dip, of a further
downturn in the world economy. Mick Brooks looks at the unfolding crisis in the, until last week,  ‘money no object’ world of Dubai.

There has
been no levelling off of the global economy, as economists predicted. Although
industrialisation has expanded to lesser-developed countries, it has generally
been along lines determined by global corporations based in advanced capitalist
countries. From colonialism, we have moved into the age of multinational
corporate domination. Will Roche looks at the rise of monopoly capitalism.