Arms manufacturers make a killing on imperialist rearmament “War is a terrible thing? Yes, but it is a terribly profitable thing,” Lenin once remarked. The ongoing aggravation of inter-imperialist conflicts and proxy wars is once again proving Lenin entirely right. As thousands are being butchered in Gaza, Ukraine, Congo, Sudan and elsewhere, and as defence spending is rocketing globally, a handful of capitalists are lining their pockets. The working class is having to foot the bill for this deadly spending spree.
Stock market panic reveals underlying crisis This week, stock markets fell as speculators grappled with the latest employment data coming out of the US. On the surface, the data doesn’t seem all that alarming, and stocks have recovered – for now. But the markets are right to be concerned.
Bitcoin is back: capitalism’s crypto chaos returns With uncertainty and instability rocking the real economy globally, gambling investors are once again turning to speculation in search of a quick buck. But the whole of capitalism is a casino. It’s time to overthrow this bankrupt system.
