A recent article in Socialist Voice – entitled “Multipolarity and US Hegemony” – suggests that U.S. imperialism drives dollar dominance and that the dollar can only weaken by the political actions of countries like China. However, the risk to dollar dominance is unlikely to be determined in the last instance […]
International
The ruling class wants war
It is a truism that all wars must end. They can end either in a victory for one side, in a stalemate or sometimes with a political change if one of the protagonist countries pulls them out of the war, as happened in Russia following the October Revolution. In the […]
Multipolarity and US Hegemony
With the defeat of socialism in Eastern Europe, the United States enjoyed a unilateral ability to shape the world in its own image. Countries which had struggled for national liberation in Africa, South America and Asia were forced to submit to the institutions of imperialism which had been created after […]
Global Banking: A House of Cards
Silicon Valley Bank (SVB) collapsed last month, causing major turbulence across the world’s financial sector. Within a week of its closure, the Financial Times was reporting that the value of global bank stocks had fallen $460 billion. Fearing meltdown from contagion, state-controlled treasuries across the capitalist order made huge sums […]
Silicon Valley Bank: A Deepening Systems Crisis
Capitalism evolved from the development of trade: mercantile capitalism gave way to manufacturing capitalism which transformed into industrial capitalism after the industrial revolution, which was fueled by scientific inventions. The history of capitalism as a dominant mode of production begins in the 17th century, with Holland and England being the […]
The Left” in Germany
These past few months, Germany’s Die Linke (“The Left”) party has been struggling with the issue of agreeing on a position regarding the Ukraine war. Die Linke – founded in 2007 after a merger of the Party of Democratic Socialism (PDS) and Labour and Social Justice – through the PDS […]
February 15 2003: Lessons from the day the world tried to stop the invasion of Iraq
I was 16 years old, sitting in an A-level politics class in a college in the middle of London when suddenly my teacher asked the class, “Why did we go to war with Iraq?” Her question filled me with fury and I abruptly answered, “It isn’t a war, it’s an […]
The Need for Energy Sustainability: a German case-study
Western Europe has been the scene of climate activism for many years. Driven by the reality of our changing climate, activists take desperate action to demand their governments uphold their agreement to reduce their carbon footprint. In few places was this more evident than in Germany. In the months leading […]
Sleepwalking into war
More than a century has passed since the end of the First World War. In that interval Ireland has known some bitter conflicts; but, tragic as these have been, they were confined to this country. With the exception of the Belfast Blitz during the Second World War and the North […]
How long will Europe suffer for the United States?
There is a saying that generals always fight the last war. They plan for future wars based on the tactics of the previous wars. Only when war commences and changes in technology etc. become evident are tactics adjusted to take account of the new situation. That saying came to mind […]
A story of global terrorism
12 January 2019: The US ambassador to Germany, Richard Grenell, writes to companies involved in the construction of the Nord Stream 2 pipeline, urging them to stop working on the project and threatening them with sanctions if they continue. 2019: The RAND Corporation (an American think tank), in a report […]
Alaa Abdelfatah should be free
Alaa Abdelfatah is a revolutionary hero and a symbol of the struggle against oppression and injustice in Egypt. He played a crucial role in the revolution of 25 January, which led to the removal of the capitalistic government and the establishment of a more democratic and egalitarian society. Born and […]
Britain’s role in Palestine and Ireland
105 years of the Balfour Declaration Despite Britain’s current state of political turmoil, with three very different Conservative prime ministers in the same year, there seems to be one constant: they all give unwavering support to Israel in its attempts to crush the Palestinian people. But that should be no […]
Seeing the achievements of the Cuban Revolution
Last month the 22nd International Meeting of Communist and Workers’ Parties was held in Havana. During the week, exchanges were made between 73 different communist and workers’ parties from 53 countries and a unified plan of action and resolution were agreed, including a unanimous call to action against and condemnation […]
How the Left fared in Denmark’s general election
An assessment of how Denmark’s three left-wing parties—the Red-Green Alliance (Enhedslisten), founded in 1989, the Alternative (Alternativet), founded in 2013, and the Independent Greens (Frie Gronne), founded in 2020—fared in the election of 1 November 2022. In brief: The Red-Green Alliance¹ lost four mandates, winning 9 seats; the Alternative² gained […]
Capitalism—Red in tooth and claw
There is a German word, schadenfreude, meaning to take pleasure from another’s misfortunes. Watching the convulsions wracking the British Conservative Party, this writer is surely not alone in experiencing a large degree of that same feeling. Not since the Suez crisis of 1956 has a British government found itself in […]