CAMERON HARRISON and CJ ATKINS analyse the White House’s new strategy in detail
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Ten years after the financial crash: the decade of a rising China
President Xi Jinping
DENNIS BROE says media ownership is not only grossly concentrated in the US, Britain and France – new mergers are advancing the power of the rich to censor the news
Charles Lubselski pays tribute to a lifelong communist and supporter of the Daily Worker and Morning Star
Ten days after right-wing destabilisation attempts, Mexico’s leadership has emerged strengthened, securing historic labour and wage agreements, while opposition-backed protests have crumbled under scrutiny, says DAVID RABY
IT IS 10 years this September since Lehman Brothers went bankrupt, bringing global capitalism to the point of collapse.
Although a total meltdown was avoided, the crash triggered a slump of 1930s proportions, and for most economies the last decade has been a lost decade of low growth, low investment, low productivity, debt, deficit, with virtually no improvement in real incomes for the 90 per cent.
The stand-out story of the period has to be the continuing rise of China. Initially also badly hit by the crisis, China recovered rapidly to emerge today as a major economic power, moving steadily closer centre stage in the global order.
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