Countries, businesses, and households across the world are drowning in debt. As interest rates rise, the danger of default looms. To avoid a catastrophe, calls for debt cancellation are not enough. Instead, we must fight for revolution.

Debates and protests have broken out amongst the Tories recently, over suggestions that supermarkets should sign up to price caps on essential goods. To genuinely fight the menace of inflation, however, we need a socialist plan of production.

The US economy is hurtling towards a disastrous default, as Democrats and Republicans haggle over spending and cuts. This dangerous game of chicken highlights the madness of capitalism. We say: make the billionaires pay for this crisis!