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.
Continue reading One Year after the Election: Boris’ Government of CrisisTag: Economic crisis
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.
Continue reading China: SOE bond defaults show turbulent days aheadBritish 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.
Continue reading British Capitalism’s ‘systemic crisis’: social explosion brewingWill there be a post-COVID economic boom?
The world is breathing a collective sigh of relief at news that a viable vaccine may be in sight. With this comes the prospect of an end to the pandemic and a return to normality.
Continue reading Will there be a post-COVID economic boom?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.
Continue reading A World On The Brink: Revolution LoomingA World Gripped in Crisis
There are no parallels to the current chaos wreaking havoc on society. This is no normal capitalist crisis. Revolutionary developments are exploding to the surface across the world. We need a leadership that is up to the task.
Continue reading A World Gripped in Crisis