The scandal surrounding the manipulation of LIBOR rates has erupted once again, with all the major banks embroiled in this mess. Rob Sewell, editor of Socialist Appeal, looks at this latest demonstration of the endemic corruption within the capitalist system.
The result of Sunday’s Turkish general elections and the clear defeat of President Recep Tayyip Erdoğan’s AK Party mark a qualitative change in the situation in the country and bear important consequences for the whole of the Middle East. Francesco Merli analyses the reprecussions of this political earthquake for Turkey and beyond.
After weeks of dreary boredom over the endless jostling by assorted Blairite candidates to get on the ballot paper for the labour leadership election, some life has been injected into the campaign by the announcement that the veteran left wing Labour MP Jeremy Corbyn has declared that he is putting himself forward to go on the ballot paper.
As the Syrian civil war drags on into its fourth year, the war is entering a new phase. US imperialism is losing control in the Middle East as old allies distance themselves and begin to pursue their own interests more forcefully. This is a recipe for inreased instability and turbulence in the region.
On 26-28th June, revolutionary youth, students, and workers from across Britain will be gathering for a weekend of discussions about Marxist ideas and socialist alternatives at REVOLUTION 2015, hosted by the UCLU Marxist society. We publish here the full schedule for the weekend, including discussions, debates, and socials. Book your ticket today!
In the latest part of his series on World War One, Alan Woods examines the policies of the Great Powers in relation to the smaller nations, such as Greece, Turkey, and Romania, who were used as mere pawns by the imperialists in their murderous game of chess for markets and spheres of influence.
The spectre of default is now being raised as a serious possibility by the international bourgeoisie for Ukraine, where the economy – ravaged by over a year of war and decades of corruption – is in a deep crisis. Default on a capitalist basis would be a catastrophe for ordinary people in this war-torn country.
Sunday 24th May will go down as a landmark in Spanish history. Municipal and regional elections were held across Spain. The right-wing PP (People’s Party) was unseated from most of their historical strongholds. More important, however, was the sharp turn to the left in Spanish society, best exemplified by the rise of Podemos and the electoral fronts that it led.
We live in a time when the whole establishment is not only corrupt and rotten to the core but is seen as such by a large section of the working class. For many, the single organisation that perfectly defines this corruption, bribery and general fiddling is FIFA.
Owen Jones – the socialist journalist and political commentator – has argued that “Britain’s battered, bruised and demoralised left” has much to learn from Podemos, the popular radical left party in Spain. Adam Booth asks: on what basis will a mass Left be built in Britain? And what is the way out for workers and youth from this endless crisis of capitalism?
Daniel Morley analyses the latest developments in the Labour leadership election – a contest that is notable for its complete lack of originality, variety, or inspiration. The only options on offer to Labour supporters are between various shades of Blairism, none of which will solve the problems facing the working class in this time of deep capitalist crisis.
Yesterday, 27th May, the Queen announced, on behalf of the new Tory government, the latest vicious attacks on workers, youth, and the poor that can be expected in the coming period. The scene is now set for an intense class struggle in the period ahead.