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.Continue reading Italy: A New Chapter in the Crisis of the System
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 Crisis
Joe Biden beating Donald Trump in the race for the White House shouldn’t come as a surprise. After all, his opponent was an incompetent reality TV star presiding over a devastated economy and an uncontrolled pandemic. Just a few months earlier, the Commander in Chief had been forced to hide in a bunker in the face of the most massive protest movement in the country’s history. What is surprising is that the result was ever anything but a foregone conclusion.Continue reading USA: Revolutionary Socialism and the fight against Wall Street’s President
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 brewing
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?
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 Looming
Ross Walker, IMT Edinburgh
“With the rise of Corbyn, the SNP government needed to move to the left. Given the actual rise of a Frankenstein Tory right in Scotland, we were hardly risking anything. Besides, this morning we might have been celebrating a Corbyn government backed by the votes of nearly 59 SNP MPs.”
The Tory Party has been humiliated. They’ve gone from having an overall majority to having to lean on the DUP. Corbyn is the hero of the hour having lead a campaign that inspired millions to vote and lead tens of thousands into political activity. The SNP still dominate Scotland by far but have taken a major kick. Key figures such as Alec Salmond and Angus Robertson have lost their seats. They’ve lost all their borders seats and much of the Highlands to Tories. In the central belt they’ve also lost seats to 6 seats to Labour who now have 7. They’ve even lost 2 seats to the Lib Dems.