The working class based victory for the “No”, with more than 60% is a revolutionary event. The people have given a mandate for revolutionary resistance and against Memorandum agreements. It’s time for the nationalization of banks, repudiation of the debt and the overthrow of Memoranda and barbaric capitalism which spawned them.
Read MoreOver the recent period, beneath the appearance of relative calm in the South African Communist Party, serious divisions have began to open up. These divisions are manifesting themselves along fault lines which have existed for long periods of the party’s existence. Now, under the raging organic crisis of Capitalism, the turbulence which accompanies it, the […]
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The Greek crisis is approaching a denouement. This marks a turning point for the working class of Greece and the whole of Europe. Last January Greece voted for a government that promised to end the austerity policies that have ruined the country. The election of Syriza gave hope to many people throughout Europe. But precisely […]
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As Adam Booth explains in this article, serious bourgeois economists can see a new world economic slump coming, which they have no way of averting, having already used all the traditional measures they would have adopted in the past, lowering interest rates, credit, etc. In these conditions any important event, such as a Greek default […]
Read MoreThe latest provocative demands and ultimatums placed by the troika on the Greek government have one clear aim: to destroy it. They cannot be interpreted in any other way and all the pieces of the puzzle are now falling together.
Read MoreAt the last minute, when it seemed that a break was inevitable, the Greek government made a new proposal which included substantial additional concessions to the demands of Europe’s bankers and capitalists. It is not only that the Syriza government has been forced to abandon substantial points of its own election program, but even the […]
Read MoreThe Battle of Waterloo – 200 years ago, on 18th June 1815 – was the last great event that marked the end of that great historical process that was begun in 1789 by the Great French Revolution. With the defeat of Napoleon, the last flickering embers of the fires lit by revolutionary France were extinguished. A […]
Read MoreRecent comments by South Africa’s most powerful business tycoon, Johann Rupert, gives interesting and penetrating insights into the current state of mind of the bourgeoisie. Rupert is clearly very disturbed by the current state of affairs, even admitting that they are keeping him awake at night.
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Jeremy Corbyn, the left wing Labour MP, has got on the ballot paper for Labour leader. This is a remarkable and welcome turn of events, despite being achieved by the slimmest of margins.
Read MoreIn a highly significant event, delegates to the 15th National Congress of the National Union of Mineworkers (NUM) have voted to remove the incumbent general secretary, Frans Baleni and replace him with a clear left wing candidate, David Sipunzi. The result, which came as shock to many, is a heavy blow to the class collaborationist […]
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