Italy: A New Chapter in the Crisis of the System

The inaction of the Giuseppe Conte government in the face of the deepest economic, political and social crisis in Italy since the Second World War had become unbearable for big business. That explains why the figure of Mario Draghi has come to the rescue. It is clear, however, that this bourgeois technocrat has no solutions for the problems facing the Italian workers.

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One Year after the Election: Boris’ Government of Crisis

One year ago, on 12 December, the Tory Party won a shock landslide victory in the 2019 general election. Promising to ‘Get Brexit Done’, Boris Johnson and the Tories secured 43.6% of the vote, providing them with an 80 seat majority in Parliament.

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China: SOE bond defaults show turbulent days ahead

A string of bond defaults by hitherto top–rated Chinese state owned companies in November has cast a shadow over China’s relatively firm economic recovery from the downturn set off by the COVID–19 pandemic. This shows that the Chinese state is fundamentally unable to avoid the organic crisis of the capitalist system.

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British Capitalism’s ‘systemic crisis’: social explosion brewing

Even the strategists of the ruling class are warning of an apocalyptic scenario for British capitalism, as the pandemic, Brexit, and economic chaos combine to create a perfect storm. We are entering a period of revolutionary convulsions.

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A World On The Brink: Revolution Looming

This document was passed by the leading body of the International Marxist Tendency following a discussion on 12-13 September 2020. It updates our perspectives on the explosive world situation.

We are living through a decisive turning point in history. At such times, it is natural to look for reference points or historical parallels. But nothing seems to really fit what we are experiencing.

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