We face austerity, privatisation, and toxic influence. But we are growing, and cannot be beaten
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The ‘general crisis of capitalism’ has returned with a vengeance
In an international address, ROBERT GRIFFITHS gives an overview of the tasks of the communist movement in Britain and worldwide
Commie march
Trump’s economic adviser has exposed the actual strategy: forcing other countries to provide financial support for US world hegemony
Activist Angie Zelter has been arrested more than a hundred times. She’s not stopping now, writes LINDA PENTZ GUNTER
Natalia Marques looks at last week's ruling that Khalil can be deported and its implications
We are not here to advocate for the arms industry or its CEOs, writes STEVE HANDFORD, and that means we must take a stand against the government’s spending on war
Educators must fight for an inclusive, creative system that values all children
Although our sector is hearing better things from the current government, the recognition that what we do is education in its own right, rather than just childcare, is still not reflected in policy, writes LUCY COLEMAN
THE impact of the Covid pandemic on many capitalist economies has had the effect of masking and disrupting their increasingly synchronised economic cycle. Growth rates in the major economies (the US, Germany, Britain, France and Japan) were stagnant or declining in 2019 and almost certainly heading for recession. Covid plunged them into deep decline in the course of 2020.
Thus, a virus — rather than capitalism — is being held responsible for the steep downturn that might well have happened anyway. And the fact that the downturn was so extreme means that the recovery looks all the more impressive — in mathematical terms at least — when coming up so quickly from such a deep trough.
Yet the speed and extent of the recovery — funded by state spending — is such that the major central banks are now worried about inflation and its impact on economic stability and currency values.
More from this author
From McCarthy’s prison cells to London’s carnival, Jones fought for peace and unity while exposing the lies of US imperialism, says ROBERT GRIFFITHS, in a graveside oration at Highgate Cemetery given last Sunday
In the second of two articles on Labour’s weak Budget, ROBERT GRIFFITHS argues that Britain’s massive private wealth and offshore tax havens show clear potential for radical redistribution through progressive taxation
In the first of two articles, ROBERT GRIFFITHS argues that despite a parliamentary majority, Labour’s timid Budget fails to seize a historic opportunity and lacks the ambition needed to address Britain’s deep social and economic crises
As the People's Republic turns 75, ROBERT GRIFFITHS details how British communists championed Chinese sovereignty against imperialism, weathering the political storms of the Sino-Soviet split and collapse of the USSR to rebuild relations for the modern era
