Having won a resounding victory in the recent Greek elections, the SYRIZA leadership have established a coalition with the Independent Greeks, a right-wing nationalist party. We publish here a statement by the Communist Tendency of SYRIZA, which analyses what could have been done in order to achieve a government composed solely of parties from the Left.

According to the latest figures, whilst homelessness has increased and people who can’t afford their mortgages are being evicted from their homes, there are 11 million empty houses across Europe. This is yet another damning indictment against the irrational capitalist system.

Despite all the Keynesian experiments and the monetary stimulus, China has failed to escape the global economic crisis. Chinese workers are experiencing the economic slowdown in terms of the closures of factories and non-payment of wages. The result has been a surge in the number of strikes and the organisation of the working class in China.