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Unison Local Government strike 16-17 July in London, photo Paul Mattsson

Unison Local Government strike 16-17 July in London, photo Paul Mattsson

3 March 2009

Bosses get pay-offs, workers get layoffs

THE CAPITALIST economy is going deeper into recession. 320,000 jobs could be destroyed in Britain in the next three months, 'business advisers' now predict. Over two million people are already out of...

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24 February 2009

Where's the bailout for us?

For millions of working class people, however, the urgent question is: where is the bailout for us? For thirty years governments have told us that the only option is privatisation of public services, and...

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15 February 2009

Paralysis of the banking system

The banks and financial system remain paralysed. 'Throw everything but the kitchen sink' at the problem is a British saying. Now, some Keynesian capitalist economists urge the 'kitchen sink' should...

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11 February 2009

Nationalise Waterford Crystal!

Ireland - workers' factory occupation: SPECIALLY HIRED security individually delivered letters to employees saying that from the following Monday there was no need to report for work, as the world-renowned Waterford Crystal factory would be closed, writes Kevin Mcloughlin, Socialist Party Ireland.

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21 January 2009

No more bailouts for bosses!

Please sir, can I have some more? Cartoon by Suz

Please sir, can I have some more? Cartoon by Suz

Nationalise the banks under full public control
BANK BOSSES, whose reckless greed for profit has helped push Britain and the world into the deepest financial and economic crisis since the second world war, are to receive another bailout from Gordon Brown's government, writes Roger Shrives.

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22 October 2008

Socialist measures to fight capitalist crisis

Coventry Socialist Party councillors Dave Nellist and Rob Windsor are putting the following motion to Coventry City Council, calling for wider nationalisation to combat the developing recession, and an end to Private Finance Initiative schemes.The motion will be debated by the council on Tuesday 28...

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13 October 2008

Government bailouts: Measures to prop up capitalism

The Socialist Editorial 13 October 2008

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2 October 2008

Bradford & Bingley: We need real nationalisation

THE CAMPAIGN for a New Workers' Party (CNWP) issued the press release below, written by Coventry Socialist Party councillor and the CNWP national chair Dave Nellist...

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23 September 2008

New Labour flounders in face of economic crisis

Editorial The Trades Union Congress took place less than a month ago. Its leaders reflected their members' anger at New Labour, demanding that the government introduce a windfall tax on the utility companies...

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10 September 2008

US mortgage bank nationalisation - sign of deepening crisis

Editorial: In the biggest banking bail-out in American history, mortgage companies 'Fannie Mae' and 'Freddie Mac' have been 'nationalised' by the US federal government...

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22 April 2008

Editorial: Brown's government lurching from pillar to post

Over 50 billion is being handed to fat cat bankers while five million low-paid workers are losing out from the abolition of the 10p tax band...

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2 April 2008

Capitalism gambles with our lives

FSA Northern Rock report: WHEN NORTHERN Rock collapsed last year, the Financial Services Authority (FSA) set up an internal review of its regulation of the bank, writes Kevin Parslow.

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25 March 2008

Northern Rock: Workers 'gutted' at the scale of job losses

Northern Rock's announcement of 2,000 job cuts - around one-third of its workforce - has numbed workers, writes Elaine Brunskill, Newcastle Socialist Party.

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19 March 2008

Socialist Party 2008 congress

Delegates and visitors from Socialist Party branches across England and Wales met in London on 8-10 March, for the Socialist Party's annual congress. Reports on main sessions.

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1 March 2008

Consequences of crisis for consciousness worldwide

We do not take a simplistic 'economic determinist' approach to politics. It is not our conception that recession will automatically lead to a mass increase in support for socialist ideas...

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20 February 2008

1918-2008: Clause 4 and nine decades of workers' struggles

CLAUSE IV, part 4, the 'socialist' clause of the Labour Party's constitution enshrining public ownership of industry and finance, was adopted at a party conference in 1918...

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19 February 2008

Northern Rock - Labour's reluctant nationalisation

The Socialist Editorial The nationalisation of Northern Rock was met with howls of outrage from some of its shareholders, who screamed about 'theft' and 'immorality'. This was a major blow against the concept of an unfettered market-driven economy...

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13 February 2008

100 people pack London world economy meeting

IN RESPONSE to the current global shocks to the world economy, more than 100 people packed the all-London Socialist Party public meeting on 7 February... By Manny Thain

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23 January 2008

Shock of recession draws near

Editorial: AS SHARE values tumbled in the most dramatic falls since 9/11, the talk was not so much of whether there will be a recession, but of how deep and long it will be....

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17 January 2008

Growing crisis in housing

HOUSING IN Britain is an example of 'market failure'. The free market cannot, and will not, solve the current housing crisis.

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