Monopoly Capitalism There has been no levelling off of the global economy, as economists predicted. Although industrialisation has expanded to lesser-developed countries, it has generally been along lines determined by global corporations based in advanced capitalist countries. From colonialism, we have moved into the age of multinational corporate domination.
The fall of the Berlin Wall Twenty years ago as the Berlin Wall came tumbling down the bourgeoisie in the west was euphoric, rejoicing at the “fall of communism”. Twenty years later things look very different as capitalism has entered its most severe crisis since 1929. Now a majority in former East Germany votes for the left and harks back to what was positive about the planned economy. After rejecting Stalinism, they have now had a taste of capitalism, and the conclusion drawn is that socialism is better than capitalism.
Bill Landles: 65 years a revolutionary Yesterday was Bill Landles’ 85th birthday. He is an active supporter of the Socialist Appeal in Britain and the IMT. His activity goes right back to the days of the RCP during the Second World War, where he played a role in the apprentices’ strikes. He is a living link to those early pioneering days of our movement.
