In his masterpiece ‘Imperialism’, Lenin explained how the monopolies and banks rule over us, engendering conflict, chaos, and crisis. Today’s tumultuous situation is proof of this analysis. We need a revolution to expropriate the billionaires.

The emergency takeover to prevent the collapse of British Steel has raised the question of ‘who owns Britain?’. This is also the case in Scotland, whose economy has been carved up by international capital. The SNP leaders’ empty talk about ‘national sovereignty’ is a farce.

Across Europe, governments are hiking up ‘defence’ spending, whilst carrying out cuts and attacks on workers to pay for it. Rob Sewell explains the economics behind this ‘military Keynesianism’, and why it provides no way out for the capitalist system.