In 2020, central banks responded to the outbreak of the crisis by pouring some $10 trillion of printed money into the economy. In what measured and responsible way did the markets react to such an unheard of cash injection? By engaging in an orgy of speculation without precedent in capitalism’s history!

With inflation soaring, the bankers and bosses are trying to shift their costs onto the working class. But it is the capitalists who should pay for this crisis. The trade unions must launch a united fightback. There is no time to lose.

Since 28 January, uproar has swept across China after footage emerged that showed a woman chained up by the neck in Xuzhou, Jiangsu, having been forced to bear eight children. The video was originally made with the intention of capturing heartwarming acts of charity to the rural poor.

The pandemic has sharpened and deepened what was an already existing crisis of capitalism. We are now facing the deepest social, economic and political crisis in decades. Despite a certain recovery, the measures the capitalists were forced to take in the last period (i.e. massive amounts of state spending) are now being felt in rising inflation, resulting in a growing cost of living crisis that is provoking resentment and instability all over the world.

The whole of Poland is paying attention to the strike of workers at the Solaris bus factory in Bolechowo, near Poznań. Additionally, in Białystok, workers at the Bison Company have begun a rolling strike; while workers at Pudliszki (a food-processing brand owned by the multinational Kraft Heinz) also issued a strike warning. Deteriorating living conditions are paving the way for the resurgence of the organised working-class movement in the country.

This document was written in December 2014 in the aftermath of the Euromaidan movement in Ukraine, the uprisings in Donetsk and Luhansk, and the Russian annexation of Crimea. At that time, the International Marxist Tendency (IMT) had been involved in launching the Solidarity with Antifascist Resistance in Ukraine (SARU) campaign. Meanwhile, several so-called Marxist organisations had capitulated to reactionary Ukrainian nationalism. As such, it was important to go back and provide some background to the historical development of the national question in Ukraine.

The banning of the hijab by the BJP government in Karnataka state, southern India, is a continuation of the vile policy of the ruling class of India to divide the people on the basis of religion. This is a legacy of British imperialism’s method of ‘divide and rule’, which spread religious hatred across the whole region, and which the Modi regime has taken to a new extreme. During Congress’, it too used the same tactic to ensure the continuation of the rule of capital in this country. Modi’s regime only represents the brutal face of the ruling class, which has been exposed in this epoch in which it faces a deep crisis. The veil of democracy, the rule of law and freedom of expression is

On 3 February 1962, US president Kennedy signed proclamation 3447, decreeing an embargo on all trade with Cuba, which was to enter into effect on 7 February. This marked the official beginning of a 60-year blockade (though the imperialist assault had started earlier), which has progressively been strengthened and tightened.

Portugal’s snap election, held on Sunday 30 January, saw a sweeping victory for the Socialist Party (PS), which won an outright majority on the highest turnout since 2011. Voters mainly punished the Left Bloc (BE) and the alliance between the Communist Party and the Greens (PCP-PEV), which had supported the minority government of the social-democratic PS under Prime Minister António Costa since 2015. The minority government, known as “geringonça” (contraption), had already collapsed last October after their budget had failed to garner the support of the BE or the PCP-PEV. While it was correct to break with the PS, the way it was done, without any political explanation, following

On Wednesday 9 February, climate activists Orla Murphy and Zac Lumley, will appear at the District Court in Dublin to face serious criminal damage charges, for which they could face up to a year in prison. The ‘crime’ they are accused of committing? Peacefully protesting against the inaction of the Irish government in the face of climate change by painting the words “No More Empty Promises” on the front of a government building. In the case of Zac Lumley, a supporter of the Irish Marxists (IMT Ireland), he is accused of merely live-streaming the protest.

Workers are facing a ‘cost of living catastrophe’ over the coming months, with rapidly rising inflation. Already several unions are balloting for action over pay. What is needed is a coordinated struggle to take power out of the hands of the bosses.

The so-called Freedom Convoy has dominated headlines for the past few weeks and has been blockading the downtown core around Parliament Hill in Ottawa for a week. While the numbers in the blockade have thinned, there are no signs that they intend to leave anytime soon and many have vowed to stay until their demands for the rescinding of all pandemic health measures are met.

We’re often told that the British monarchy is little more than harmless pompery, the equivalent of a shiny ornament atop the solid Christmas tree of British democracy. It is there to look nice, but does not actually affect how the country is run. And after all, isn’t the Queen a lovely lady who works mightily hard?

The 10 richest people in the world have more than doubled their wealth since the start of the coronavirus pandemic, while over 160 million people have been driven into poverty. Inequality is killing one person every four seconds, and the poor are four times more likely to die of COVID-19 than the rich. This is all according to Oxfam’s 2022 report Inequality Kills.

In November 1918, Germany exploded into revolution. In the spring of 1919, the working class succeeded in seizing power and declaring a Bavarian Soviet Republic. In its short, heroic lifetime, the republic had to fight not only against open counter-revolution, but also against the results of its own inexperience. This article was first published in the theoretical magazine ‘In Defence of Marxism’. Get your copy of the latest issue here.