General secretary of the General Federation of Trade Unions GAWAIN LITTLE calls for support and participation in the national partnership organised to celebrate the 100th anniversary of the 1926 general strike
Latest editorial
Cryptocurrency – not all it's cracked up to be
Far from being a revolutionary force levelling the financial playing field, cryptocurrency markets are rigged in favour of wealth accumulation by the wealthy, argues MYLES TRAPPERBY
Bitcoin
After brutal police crackdowns on pensioners and the forced approval of secret IMF deals, trade unions are finally responding to grassroots pressure and fighting back against savage neoliberal reforms, reports BERT SCHOUWENBURG
Bizarrely, Trump’s latest attacks now include the National Zoo, but his real and racist agenda is to strip everything black from the country’s cultural institutions, writes LINDA PENTZ GUNTER
The transformation of a stable secular state into a fractured ruin largely ruled by Western-backed fundamentalists exposes the hollow nature of ‘multipolarity’ and the absence of principled anti-imperialism today, writes ZOLTAN ZIGEDY
Facing economic turmoil, Jim Callaghan’s government rejected Tony Benn’s alternative economic strategy in favour of cuts that paved the way for Thatcherism — and the cuts-loving Labour of the present era, writes KEITH FLETT
The economic value of disability benefits far outweighs their cost, argues Dr DYLAN MURPHY
As tensions rise in the Middle East, the role of Iran in the region’s political balance becomes ever more significant. STEVE BISHOP assesses the current situation
DESPITE what those with libertarian tendencies may tell you about how cryptocurrency is a revolutionary force — a decentralised, borderless technology that would level the financial playing field and provide access to wealth for the masses — the reality, as so often, is disappointing.
It was supposed to break the chains of traditional financial systems and offer an alternative to banks and governments. However, cryptocurrencies have instead become a vehicle for wealth concentration, benefiting the already affluent while leaving the majority of people behind.
Despite its promises of financial freedom, the digital currency boom has done little to reduce inequality. Instead, it has become yet another instrument in the hands of the wealthy, further entrenching the financial status quo as we have seen with Trump’s personal profits from the “Trump meme coin.”
More from this author
Ben Chacko asks NIZAR TRABULSI of the now banned Syrian Communist Party (Unified) to explain the country's turbulent, and violent, post-Assad scene
From renewable tech to alternatives to the dollar, BEN CHACKO was encouraged by an optimistic meeting held by the China Media Group this week
Aslef general secretary MICK WHELAN speaks to Ben Chacko about rail renationalisation, the Employment Rights Bill and why we shouldn’t write off this Labour government
