Blair’s Final Days As Blair prepares to hand over leadership of the Labour Party to Brown, opinion polls reveal how low support for Labour has fallen. We face the real prospect of a return of the Tories at the next general election. Blairism has failed abysmally and it is time to change course and adopt genuine socialist policies.
Britain: The new law on “age discrimination” and what it means for workers Recently the British government introduced a law banning discrimination on the basis of age. On this basis some older workers will be able to stay at work beyond the statutory 65. How will this affect the lives of workers under capitalism?
Private equity – a new capitalist mutation Behind the term “private equity†hides good old “asset stripping†or “corporate raiders with junk bondsâ€. It is not about making profits from making things and selling them. It’s about making money from money, buying up companies, stripping them and putting them back on the market with a mountain of debt. Or to use a simpler term, it’s capitalism.
