To the relief of the ruling class, Rishi Sunak has been anointed Britain’s latest prime minister. The new Tory leader has promised ‘stability’, on the basis of a programme of harsh austerity. Instead, revolutionary explosions lie ahead.

With both the UK economy and Conservative Party in meltdown, Liz Truss has been ousted from office – part of an establishment coup to regain control of the Tories. But further explosions lie ahead, as the crisis of British capitalism deepens.

After a month of market mayhem, the capitalist class has killed off Liz Truss’ reckless economic agenda and installed a new ‘responsible’ regime. But they and their system can only offer further attacks. We must fight for socialist revolution.

The Marxist Student Federation (MSF) in Britain has now hit all the fresher's fairs at universities where we have established a Marxist Society, spoken to thousands of people about the ideas of Marxism and shown them how to fight against capitalism. This has been a highly inspiring period for us. We have seen the thirst for communist ideas which exists amongst students.

The recent market turmoil in Britain has revealed the immense level of speculation that takes place in every corner of capitalism. The bankers and billionaires are gambling with our futures. It is time to overthrow their bankrupt system.

After the chaos of Boris’ premiership, the Tories have gone from the frying pan into the fire, with Liz Truss leading the party towards electoral disaster. We are seeing a crisis of the regime – a reflection of the crisis of British capitalism.

The UK economy is crashing – the latest disaster in the long-running decline of British capitalism. At the same time, the class divide is widening, and industrial militancy is on the rise. We must prepare for revolutionary explosions.

Panic has set in following last Friday’s mini-Budget announcement by the Tory chancellor, as the pound collapses and borrowing costs soar. But the UK’s economic problems run deep. British capitalism is in a state of terminal decline.

In this satirical ‘fairytale’ (originally published on Friday 30 September), marxist.com editor Alan Woods paints a picture of the ruthless right-wing takeover of the Labour Party in Britain. And if you think Alan was too harsh in his depiction of the vicious behaviour of Sir Keir Starmer and the Blairites, we encourage readers to watch the three-part documentary by Al Jazeera, ‘The Labour Files’, which details their skulduggery in great detail. If anything, you may come away feeling that Alan has pulled his punches!

There is a common saying that people get the government they deserve. This saying is actually incorrect, as Trotsky points out in his masterly article, The Class, the Party and the Leadership. The same people can, and do, get very different governments in a very short space of time.

The Italians have a phrase for it: È Finita la Commedia – the comedy is over. After 10 days of officially imposed ‘national mourning’, on Monday 19 September at Westminster Abbey – the historic church where Britain's kings and queens are crowned – the state funeral of Queen Elizabeth was held.

The last week has seen a spate of arrests against anti-monarchy protestors, as the establishment cynically utilises the Queen’s death to silence the left. But no amount of repression can hold back the rising tide of class struggle.

Following the death of the Queen, trade union leaders have cancelled planned strike action ‘out of respect’ to the Royal Family. But the Tories and bosses have not paused their class war. The labour movement must mobilise to topple their system.

As the country’s longest-reigning monarch, Queen Elizabeth II represented a bygone age of stability. Her passing marks the beginning of a new era of crisis; another crumbling pillar of the British establishment, heralding revolutionary upheavals.

With the death of Queen Elizabeth II on 8 September, the British monarchy is once again in the media spotlight. Amidst a flood of reactionary apologias, Marxists must cut through the propaganda and tell the truth about the role of the monarchy in capitalist society. As a result, we republish here an article by Alan Woods, written in 1997 at the time of Princess Diana’s death, analysing the real nature of the monarchy and its position as a fundamental pillar of the British establishment. While the article does not deal with recent events, its in-depth assessment of the role of the Royal Family under capitalism continues to hold true today.